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Found 221 articles

EuroCham interested in telecommunications sector

Jakarta (ANTARA News) - The European Chamber of Commerce and Industry (EuroCham) is interested in making investment in telecommunications and transportation sectors in Indonesia.Those sectors are still relatively new in Indonesia, so they have the potential to develop and look promising for...

SBY courts investors at infrastructure summit

Jakarta (ANTARA News) - Indonesia's president urged foreign and domestic investors Wednesday to stump up funds to boost the nation's flagging infrastructure sector, arguing that new laws would assure profitability.Some 111 projects worth 19.

Government Prepares Three Alternatives for Financing B

TEMPO Interactive, Jakarta: The government is considering three alternatives for funding biodiesel projects, said Wimpie S. Tjetjep, Head of the Coordination Team for Alternative Energy Supply and Utilization Program, after a coordinating meeting on the alternative energy program.

No Incentives for Infrastructure Projects

TEMPO Interactive, Jakarta: The government will not grant special incentives to several of the projects offered in the Infrastructure Conference and Exhibition 2006, Finance Minister Sri Mulyani Indrawati insisted yesterday (10/31).

MRT Cooperation to be Signed End of November

TEMPO Interactive, Jakarta: The Indonesian and Japanese governments will sign a cooperation agreement for the Jakarta mass rapid transportation (MRT) project by the end of November.The Japanese government is offering a loan of US$800 million, or around Rp7.

Toll Road Projects Will be Hard to Sell

TEMPO Interactive, Jakarta: Sofyan Wanandi, Head of the National Recovery Committee, said toll road construction projects will be the most difficult projects to be sold.This is because investors are not yet convinced that the government can provide legal certainty as regards land acquisition.

Can-Asia Negotiates for Gold Property

Can-Asia Minerals Inc said it completing lengthy negotiations to acquire a controlling interest in a gold resource property in West Java.The company said in a press release issued Thursday (26/10/06) that it expects to sign an agreement on the acquisition before November 30.

Mobile-8 to Expand Networks

Publicly-listed telecommunications company Mobile-8 will extend its network to Sumatra, East Kalimantan, West Kalimantan and Sulawesi, hoping to increase the number of its subscribers to 4 million by the end of 2007, director Hidajat Tjandrajaja said recently.

Malaysia Eyes Opportunity

Comments by Malaysian companies ahead of this week’s infrastructure conference suggest they will take a lead in developing projects in the country.Leading law firm Zaid Ibrahim & Co says it will be bringing more than 30 Malaysian companies to the conference, noted that the delegation will...

Indonesia to offer 111 projects worth $16.74 bln

in other words all talk and no action ... they can offer as many projects as they want but it's actual delivery that counts.

Indonesia to offer 111 projects worth $16.74 bln

Jakarta (ANTARA News) - The government will offer 111 projects worth 16.74 bln usd at a two-day infrastructure summit that starts today, deputy coordinating minister for infrastructure Suyono Dikun said.He said the main target is to offer 10 projects worth 4.51 bln usd.

Bapepam Investigates Inco’s Tender Offer

TEMPO Interactive, Jakarta: The Capital Market Supervisory Agency (Bapepam) has been examining the possibility of a tender offer from PT International Nickel Indonesia (Inco). That is regarding the acquisition process of Inco Indonesia’s holding company - Inco Limited (Canada) by Companhia Vale...

Indonesia facing 7 main economic development problems s

Jakarta (ANTARA News) - The Asian Development Bank (ADB) said Indonesia faced seven main problems in its economic development, poverty alleviation and reducing the unemployment, as projected in the National Medium-Term Development Plan, an official said.

Muara Enim power project: Chicken-and-egg situation

Reporters from major newspapers covering president Susilo Bambang Yudhoyono's visit to Shanghai, China wrote that China Huadian has eventually entered into a JV agreement with Indonesian partners to build the US$2.1 billion coal-fired power plant in Muara Enim, South Sumatra.

Infrastructure Project Depends on Minister

TEMPO Interactive, Jakarta: The Infrastructure Conference and Exhibition 2006 (IICE 2006) will offer a number of ready-to-build infrastructure projects. Chris Kanter, Head Organizer of IICE 2006, said that details on the projects will be offered by the technical department.

Jakarta shares end up in the morning

JAKARTA (Antara): Share prices closed the morning session higherafter a week-long holiday break, with gains in mining stocks suchas Aneka Tambang and INCO, lifting the composite index to a newintra-day high.

Japan to host Yudhoyono amid FTA hopes

TOKYO (AP): President Susilo Bambang Yudhoyono willvisit Japan in late November, Japan’s Foreign Ministry saidTuesday, as the two countries work toward reaching a free tradeagreement.Yudhoyono is expected to meet Japanese Emperor Akihito andEmpress Michiko, as well as Prime Minister Shinzo Abe...

The spat over the split

Neither the Indonesian government nor ExxonMobil will gain from a protracted spat over the status of the production-sharing contract for the development of the Natuna D-Alpha natural gas block in the East Natuna Sea.

Regions offer major investment projects

Domestic and foreign investors will have plenty of tempting opportunities laid out before them this week.On top of large, national-level projects that the central government plans to offer at the upcoming infrastructure conference, the regions are also lining up ventures for investors to put their...

Banks urged to lower lending rates

Andi Haswidi, The Jakarta Post, JakartaThe Association of Indonesian Retailers (Aprindo) has urged the country’s banks to lower their lending rates in line with the central bank’s benchmark rate so as to enable them to expand their businesses.

Govt selects 10 projects to serve as pilots

Urip Hudiono, The Jakarta Post, JakartaThe upcoming three-day “Indonesia Infrastructure Conference and Exhibition 2006” will not only showcase major investment opportunities, but also the government’s progress in improving the country’s investment climate.