Jakarta (ANTARA News) – Indonesia expects investment in the country to increase by 15 percent to Rp240 trillion this year. The Capital Coordinating Board (BKPM) in its press statement here on Tuesday said until the first quarter of this year investment had reached Rp53.6 trillion. The total consists of Rp14.1 trillion in domestic investment and [...]
Jakarta (ANTARA News) – Bank Indonesia (BI) Governor Darmin Nasution said he was optimistic Indonesia would soon gain investment grade status. “I still believe we will soon be lifted up to investment grade and we should be grateful for that because the trend in other countries even goes downward while we are going upward,” he [...]
Mustafa Abubakar Jakarta (ANTARA News) – The investment made on 19 projects in the framework of the Master Plan for Acceleration and Expansion of Indonesia`s Economic Development (MP3EI) in the first semester of 2011 was recorded at Rp55.01 trillion, a minister said. “Up to June 2011, a total of 19 projects have entered the ground [...]
Yogyakarta (ANTARA News) – Investment in Indonesia nationally increased significantly in 2010 compared to the previous year, the Director of Application Service of the Investment Coordinating Board (BKPM), Suhardi, said. “The total realization of foreign and domestic investment in 2010 reached Rp208 trillion, up by around 54.2 percent, compared to that of 2009 which was [...]
Dion Bisara & Muhamad Al Azhari, Jakarta Globe Indonesia may see its sovereign ratings upgraded to investment grade in less than 12 months, a top executive from Fitch Ratings announced on Thursday. Fitch raised the country’s BB+ ratings outlook from positive to stable in February, citing its economic growth and a lower public debt ratio. [...]
TEMPO Interactive, Jakarta:Budi Dharmadi, the Director General of Technology Based-Industry at the Industry Ministry, has targeted an investment of US$ 1 billion in heavy equipment for the next 4-5 years. The investment is expected to bring about 8 to 9 percent of industrial growth per year. There are at least five potential investors with US$ [...]
TEMPO Interactive, Jakarta:Indonesian economy could grow up to 7.6 percent from 2011-2014 if the government increases its spending for transportation infrastructure by 20 percent each a year. Another requirement is that private sector participation should be increased to 50 percent. “This is a logical scenario,” said Standard Chartered Bank Economist, Eric Alexander Sugandi, during a [...]
Jakarta (ANTARA News) – Moody`s Investor Service has raised Indonesia`s rating and the bonds it issues to Ba1 from Ba2 earlier due to the country`s economic resilience and sustainable macro-economic balance. Moody`s Vice President-Senior Analyst of Sovereign Risk Group Aninda S Mitra said in a press statement received here on Monday that the higher rating [...]
(Indonesia Stock Exchange’s Trading Closing for Year 2010) SK Zainuddin & Francezka Nangoy, Jakarta Globe The Jakarta Composite Index was the best performer in the Asia-Pacific region, outpacing even the Shanghai Composite Index and the Hang Seng. The benchmark JCI closed out 2010 at 3,703.51, up 46 percent for the year. Fuad Rahmany, head of [...]
Jakarta (ANTARA News) – Investments in the mineral and coal mining sector in 2010 reached US$2.282 billion, according to the ministry of energy and mineral resources. The ministry`s director general of minerals and coal, Bambang Setiawan, said here on Wednesday the realization was above the target set at US$2.119 billion.”General mining investments show a good [...]
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