Indonesian Political, Business & Finance News

Archive: 12 August 2011

2 articles found

East Kalimantan Rejects Russian-Funded Train Project

TEMPO Interactive, SAMARINDA:The central government’s plan to build a railway from Central to East Kalimantan has been rejected by East Kalimantan Governor Awang Faroek. Awang said he did not know of the US$ 2.5 billion project which would be funded by Russian investors.

Kalbe Farma Builds Medicine Factory

TEMPO Interactive, Jakarta:PT Kalbe Farma plans to build a medicine factory in Cikarang, West Java. “The construction will start next year,” financial director Vidjongtius, confirmed yesterday.The construction is expected to be completed by 2013 and cost up to Rp150 billion, explained the...