Indonesian Political, Business & Finance News

Archive: 19 May 2011

8 articles found

Indonesia – South Korea Produce New Fighting Jets

Free F16s now this.lucky Indonesia

Govt told to limit coal, gas exports

By Rangga D. Fadillah, The Jakarta Post, Jakarta Amid soaring global oil prices, the government should limit exports of coal and natural gas to allow domestic energy consumers to substitute their oil demand with cheaper energy resources, an expert says.

Low Wages Not the Way to Attract Foreign Investment: Boediono

Low Wages Not the Way to Attract Foreign Investment: BoedionoFrom: The Jakarta GlobeBy Arientha Primanita Indonesian Vice President Boediono on Thursday said it was not necessary to push down wages to attract foreign investment.

S Korea Eyeing Indonesia Bridge Project

VIVAnews - South Korea voiced its interest to participate in the development of the Sunda Strait Bridge in Indonesia. "[The South Korean] president sent his Minister of Economy to discuss about the project," said Coordinating Minister for the Economy, Hatta Rajasa, on Thursday.

Indonesia – South Korea Produce New Fighting Jets

TEMPO Interactive, Jakarta:Indonesia and South Korea are producing five 4.5 generation multi-mission fighting jet prototypes, KF-X/IF-X. One of the five prototypes will be given to Indonesia. β€œThe other four are for South Korea,” said Brig. Gen.

Reliance Invests US$ 10 Billion

TEMPO Interactive, Jakarta:Indian company the Reliance Group, plans to invest Rp10 billion in three sectors. Investment Coordination Board (BKPM) chief Gita Irawan Wirjawan said Reliance was interested in the mining, infrastructure and power plant.

South Korea eyeing RI infrastructure projects

Jakarta (ANTARA News) - South Korea has an interest to participate in infrastructure development in Indonesia, including the construction of Sunda Strait bridge."South Korea is interested in a number of infrastructure projects in Indonesia, including Sunda Strait bridge development,"...

VP concerned about oil production decline

Jakarta (ANTARA News) - Vice President Boediono expressed concern here on Wednesday over the decline in the country`s oil production and has asked BP Migas to pay serious attention to it.He said the oil sector had shown its good performance because oil production in Indonesia is declining.