Remember Mexico's Cemex, the world's third largest cement group, which sold its 25 percent equity stake in PT Semen Gresik, Indonesia's largest cement company, to local conglomerate Rajawali in mid-2006 when Indonesia's cement market was enjoying robust growth?Cemex, a financially strong company ...

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Finance Minister Sri Mulyani says the government will work hand in hand with the central bank to boost the still-sluggish real sector amid criticism that the current administration is doing too little to speed up the pace of economic growth.

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The rupiah reached its highest level against the U.S. dollar in almost a year Thursday, closing at Rp 8,740, as overseas investors retained their appetites for local stocks and bonds.

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The customs service has introduced a scanner at Tanjung Priok Port in Jakarta to check the contents of containers and reduce the risk of collusion between importers and customs officers.The new scanner is similar to the baggage scanners used at airports, except that it is much bigger.

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The Foreign Ministry intends to play a greater role in promoting trade, tourism and investment on the international stage by holding a series of investor forums to showcase the untapped potential of Indonesia's regions.

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The country's largest publicly traded oil company, PT Medco Energi Internasional, plans to build eight bioethanol plants over the next five years to meet the expected surge in the demand for biofuels both at home and overseas, the company's chief executive says.

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