Indonesian Political, Business & Finance News

Canada business awards

| Source: JP

Canada business awards

JAKARTA (JP): The Indonesian-Canada Chamber of Commerce will
award several Indonesian companies for their great contribution
to improving bilateral economic relations at a gala dinner at the
Regent Hotel on July 1.

The chamber said yesterday the awards would be given to
companies engaged in trade and manufacturing, investment and
service sectors.

Another award would be given to a small and medium-sized
enterprise which had contributed significantly to bilateral
economic ties.

According to the Central Bureau of Statistics, Indonesia-
Canada trade dropped by 10 percent to US$1.05 billion last year
from $1.17 billion in 1995. Trade was in Canada's favor totaling
$417.53 million last year, down from $451.66 million in 1995.
(rid)

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