Indonesian Political, Business & Finance News

Archive: 26 July 2011

5 articles found

Coal India says seeking govt nod for 30 pct in Indonesia mine

(Reuters) - Coal India , the world's largest coal miner, is seeking approval from the Indian government to buy a 30 percent stake in a coal asset in Indonesia, its chairman said on Monday, but declined to give specific details on the possible investment.

Soekarno-Hatta International Airport Overhaul Planned

TEMPO Interactive, Jakarta:Work to turn Indonesia's Soekarno-Hatta International Airport into a world-class international gateway by 2014 will begin early next year, initially with the drafting of the grand design.

BKPM optimistic Rp240 tln investment target to be reached

Jakarta (ANTARA News) - The Investment Coordinating Board (BKPM) is optimistic its investment target of Rp240 trillion for this year can be achieved although the first-semester investment inflows reached Rp115.6 trillion or 48.16 percent.

Chinese state-owned company to build ferronickel industry in Kalimantan

Kotabaru, South Kalimantan (ANTARA News) - Chinese state-owned company Dafeng Port Group plans to set up a ferronickel industry in Kotabaru, South Kalimantan with a production capacity of 200 million metric tons a year.The president director of Dafeng Port Group Co. Ltd.

Nissan to invest US$312 million in expansion

Jakarta (ANTARA News) - PT Nissan Motor Indonesia (NMI) plans to invest US$321.5 million to increase the production capacity of its plant in Indonesia to 180,000 units a year from presently 50,000."The expansion is expected to finish in 2013," its president director, Takayuki Kimura, said...