Indonesian Political, Business & Finance News

Archive: 16 May 2011

8 articles found

Will Indonesia lose the next oil palm?

By: Rhett Butler Deep in the rainforests of Malaysian Borneo in the late 1980s, researchers made an incredible discovery: The bark of a species of peat swamp tree yielded an extract with potent anti-HIV activity.

Quota hampers rattan exports

Jakarta (ANTARA News) - The rattan export quota for the April - June 2011 period has not yet been issued so that rattan exports are now being hampered, a rattan businessman said.The delay in their exports caused the quality of rattan products which are now ready for export to be reduced, Lisman...

Tourism serves as backbone of Bali`s economy

Denpasar, Bali (ANTARA News) - The tourism industry is the driving force of Bali`s economy which is able to provide job opportunities for locals as well as for those from other regions in Indonesia, a statistics official said.

I takes part in AIM 2011 to attract Mideast investors

London (ANTARA News) - Indonesia took part in the Annual Investment Meeting (AIM) 2011 at the Dubai International Convention and Exhibition Center recently as part of efforts to attract more Middle Eastern investors.

Some 400 Chinese firms to exhibit goods in Jakarta

Jakarta (ANTARA News) - About 400 Chinese companies will display electronic and machinery products in an international Expo to be staged in Kemayoran here on May 19 - 21, 2011, a Chinese official said."The number of participants in the exhibition - the sixth to be staged in Indonesia - will be...

RI-China trade in 2011 expected to reach US$50 billion

Jakarta (ANTARA News) - The value of non-oil/non-gas trade between Indonesia and China is expected to reach US$50 billion in 2011, a Chinese official said."The actual figure may even exceed US$50 billion," Chinese embassy spokesman Xu Qi Yi said at a press conference on a planned Chinese...

Pertamina encouraged to take part in Angolan oil field block

Jakarta (ANTARA News) - State Enterprises (BUMN) Minister Mustafa Abubakar said he had encouraged state-owned oil and gas company Pertamina to take part in the development of an oil and gas block in Angola.

Lebanese City offers space for Indonesian trade promotions

Cairo (ANTARA News) - The mayor of the Lebanese city of Baalbeck, Hachem Osman, has offered to provide space for Indonesian trade promotion activities in his territory.The offer was made at a meeting with the Indonesian ambassador to Lebanon Dimas Samodra Rum on Thursday, according to a press...