
Jimmy Hitipeuw JAKARTA, KOMPAS.com – Investment is likely to remain the main engine of Indonesia’s economic growth in 2012 which is projected to reach 6.7 percent, a Finance Ministry official said. “Our focus in 2012 will be on spurring investment growth, either in the private or public sector by optimizing capital spending,” acting chief of [...]
February 9th, 2012 | Published in Economic,Investment | Read More »
Indonesians no longer need to go to London or Hong Kong to visit the Madame Tussaud Wax Museum because a branch of the famed institution will be opened in Ancol Beach City, Jakarta, in late July 2012. “The Madame Tussaud Museum to be set up in Ancol Beach City will be the largest in the [...]
January 5th, 2012 | Published in Tourism | Read More »

Syofiardi Bachyul Jb, The Jakarta Post, Padang Teluk Bayur Port in Padang, West Sumatra, will be renovated at a cost of Rp 1.7 trillion (US$185.8 million) in a bid to provide better services for both export and import activities. The renovation project, expected to run from 2011 to 2015, comes in response to a rising [...]
January 5th, 2012 | Published in Economic,Investment | Read More »

The Jakarta Post, Jakarta Indonesians will likely spend less and invest more next year, spurred by concerns over the global financial situation, a new Nielsen survey has found. “The volatility of the global economy and financial markets leave Indonesian consumers unconvinced about the future of the economy,” Nielsen Indonesia managing director Catherine Eddy said on [...]
November 10th, 2011 | Published in Economic,Investment | Read More »

People walk past fashion advertisements at a shopping mall in Jakarta on Nov. 1, 2011. Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and private investment. (Reuters Photo/Beawiharta) Aditya Suharmoko, Jakarta Globe Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and [...]
November 7th, 2011 | Published in Economic,Trade | Read More »

Bunaken sea (ANTARA/Basrul Haq) by Otniel Tamindael Jakarta (ANTARA News) – Known as “The Land of Smiling People”, rich in culture, culinary delights, and beautiful landscapes, North Sulawesi, its provincial capital of Manado in particular, is poised to host an ASEAN Tourism Forum (ATF-2012). To most of the would-be participants of ATF-2012, Manado is probably [...]
October 27th, 2011 | Published in Indonesia Nowadays,Tourism | Read More »

Coal produced by Berau Coal being loaded onto a ship in East Kalimantan last year. Moody’s says the future is bright for Indonesia’s coal mining industry, with demand rising in China and India. (Reuters Photo/Yusuf Ahmad) Francezka Nangoy, Jakarta Globe Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to [...]
October 26th, 2011 | Published in Economic,Trade | Read More »

Solo, Central Java (ANTARA News) – Indonesia is expecting eight million foreign tourist arrivals in 2012, Tourism and Creative Economy Deputy Minister Sapta Nirwandar said here on Saturday. The target for this year was seven million and until now 5.3 million foreign tourtists had come to the country, he said after opening a national meeting [...]
October 24th, 2011 | Published in Economic,Tourism | Read More »

Shirley Christie & Reuters Germany’s HeidelbergCement plans to invest $500 million to build a cement plant in Pati, Central Java, as its aims to boost production to meet growing demand in Indonesia, Trade Minister Gita Wirjawan said on Wednesday. “Today I met HeidelbergCement executives, and they said they would invest $500 million,” said Wirjawan, who [...]
October 20th, 2011 | Published in Economic,Investment | Read More »

JAKARTA, KOMPAS.com – Domestic and foreign companies spent IDR65 trillion ($7.4 billion) on projects in Indonesia during the third quarter of 2011, an on-year increase of 15.3%, a government official told Dow Jones Newswires Thursday. The official also said total investment by local and overseas interests over January to September rose 20.9% compared with the [...]
October 20th, 2011 | Published in Economic,Investment | Read More »