Indonesian Political, Business & Finance News

Archive: 2 February 2011

3 articles found

NGOs optimistic on govt's commitment to transparency in extractive sector

A coalition of watchdogs supervising Indonesia's adoption of the Extractive Industries Transparency Initiative (EITI) is optimistic the government and the country's extractive industries will comply with demands for transparency in revenue reports in the sector. Ridaya Laodengkowe, the coordinator of the coalition naming itself Publish What You Pay - Indonesia, said the optimism came despite no sanctions provided for disobedient organizations.

RI's tourist arrivals surpass 7 mln target last year

Jakarta (ANTARA News) - More than 7.002 million foreign tourists visited Indonesia last year, surpassing the government-set target of 7 million, the Central Statistics Agency (BPS) said. Compared to the year before, the number of tourist arrivals last year represented a 10.74 percent increase, BPS Chief Rusman Heriawan said here on Tuesday.

Korean Investors Interested in Building Hotels in Palembang

Palembang, S.Sumatra (ANTARA News) - Korean investors expressed interest in building hotels in Palembang city, South Sumatra, because the city is considered advanced and rapidly growing, a member of a Korean investor team, Fark, said to Palembang mayor H Eddy Santana Putra, here, Tuesday (1 Feb). Besides interested in building hotels, the investors were also interested in establishing luxury apartments, he added.