Indonesian Political, Business & Finance News

Archive: 23 June 2011

5 articles found

Dubai World May Bail on Bakrieland’s Rasuna Epicentrum Project

From: The Jakarta GlobeBy: Yudith Ho Bakrieland Development, Indonesia’s second-biggest property developer by assets, said its partner Dubai World may pull out of a real estate project in Jakarta and expects a decision within three months.

Indonesian Middle Class Grows, Shoe Market Up

VIVAnews – The Indonesian Shoe Manufacturers Association (Aprisindo) stated that national shoe market would keep growing. This is in line with the rise of per capita income and the number of middle-class people in Indonesia.

Investment in Housing Growing by 60 Percent

TEMPO Interactive, Jakarta:Developers are accelerating their housing projects to meet a 60 percent increase in demand for re-investment. “Young professionals are the main enthusiasts who are taking advantage of available mortgages,” said Muhammad Reza Makkawaru, the Imperium Mice CEO, yesterday.

Suzuki to declare Indonesia production base

JAKARTA, (Xinhua) Japanese automobile and motorcycle manufacturer Suzuki plans to make Indonesia as its regional production base and add investment by over 800 million U.S. dollar, Indonesian Industry Minister MS Hidayat has said.

30 Sudan businessmen wish partnership with Indonesia

Cairo (ANTARA News) - Thirty construction businessmen from Sudan are currently in Jakarta to explore cooperation prospects with their Indonesian counterparts.Their visit to Indonesia has also been related to Indobuildtech in Jakarta from June 22 to 26, 2011, the Indonesian embassy in Khartoum said...