Syofiardi Bachyul Jb, The Jakarta Post, Padang, West SumatraPT Semesta Berjaya is set to build a sugar refinery in the Padang Industrial Park, Padang Pariaman regency, West Sumatra, at a cost of some Rp 300 billion (about US$33.3 million). More ...
Publicly listed Bank Central Asia (BCA) plans to boost its housing loans by 50 percent to about Rp 6.45 trillion (some US$715 million) this year from Rp 4.3 trillion last year to cash in on the revival in the country's property market. More ...
The world's biggest shrimp producer, PT Central Proteinaprima (CP Prima), announced Wednesday that it planned to bid for another acquaculture firm, PT Dipasena Citra Darmaja, in a move that would further expand its shrimp farming business. More ...
Publicly listed star-rated hotel chain PT Hotel Sahid Jaya International Tbk. is set to expand its business by building a new hotel, and office and apartment buildings in Jakarta at a total cost of Rp 1.82 trillion (US$200 million) next year. More ...
JAKARTA (Antara): The Indonesian Implementing Body of Oil and Gas (BP Migas) signed Wednesday seven gas contracts with a total volume of 738.52 trillion British thermal units worth US$3.1billion.The gas would be used to supply power plant, fertilizer firms, oil refinery and other industries. More ...
MANADO, North Sulawesi (AP): Newmont Mining Corp. said Wednesday it was considering expanding its investment in Indonesia following the acquittal of a U.S. executive accused of dumping dangerous levels of toxins into a bay on Sulawesi island, sickening villagers. More ...
Despite its remarkable export growth last year, Indonesia, unlike other ASEAN countries, has failed to cash in on increasing trade opportunities in emerging markets, a business analyst says. More ...