Indonesian Political, Business & Finance News

Archive: 9 August 2010

4 articles found

Investment, Consumption Fuel Faster GDP Growth

Singapore. Indonesia’s economy grew at a better-than-expected 6.2 percent in the second quarter of 2010 from the same period a year ago, thanks to strong investment, exports and steady household spending, fueling predictions that more than 6 percent growth can be achieved for the year.

Indonesian Study Shows Trade Pact Led to Flood of Chinese Goods

A study by the Indonesian Young Entrepreneurs Association has found that more than 70 percent of products from small- and medium-sized industries sold in Indonesia in the six months to June were imported from China.

Indonesian Government Ready to Finalize Land Acquisition Reform

The government plans to finalize a draft bill this week that regulates land acquisition for public purposes. The legislation aims to improve infrastructure and ease traffic flow.The government hoped to present it to the House of Representatives soon, a spokesman for Vice President Boediono said on...

Non-oil/gas export growth in 2010 may reach 10 pct

Jakarta (ANTARA News) - Indonesia`s non-oil/gas exports in 2010 had been estimated to reach 10 percent, surpassing the earlier set 7 to 8.5 percent."We have targeted non-oil/gas exports at 7 - 8.5 percent, which may even be more than that," Minister of Trade Mari Elka Pangestu said in...