Indonesian Political, Business & Finance News

Archive: 25 May 2011

5 articles found

Samsung Signs Contract to Build Cepu Oil Facilities

By Ririn Radiawati Kusuma |The Indonesian unit of ExxonMobil Corp. has awarded contracts worth more than $780 million to South Korean giant Samsung and its Indonesian partner, Tripatra Engineering, to build facilities at Cepu block, the energy regulator said on Tuesday.

N Korea to Learn from Indonesia on Investment

VIVAnews - North Korea plans to learn more about investment from Indonesia. "The country has been restricted from foreign investors. North Korea is curious about the required processes and phases of investment," said Indonesian Foreign Affairs Minister Marty Natalegawa on Wednesday.

Niko Resources says Statoil to become Indonesia JV partner

(Reuters) - Canadian oil and gas company Niko Resources Ltd said Norway's Statoil through its units will become a joint venture partner in Niko's production sharing contracts in Indonesia.Oil and gas company Statoil will earn a 40 percent working interest in each production sharing contract.

RI investment up 27 pct in first quarter this year

RI investment up 27 pct in first quarter this yearSurabaya (ANTARA News) - Investment in Indonesia has increased 27 pct in the first quarter of 2011 compared to last year`s."The increase was triggered by the big interest of local and foreign investors in Indonesia," head of the Capital...

Another expo of Chinese products in Jakarta

A lot of that Chinese stuff is total crap but they're coming up with some cracking stuff as well.I may have a wander if time permits.