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 [...]
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 [...]
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 [...]
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 [...]
Shirley Christie Trade Expo Indonesia, the country’s largest trade exhibition for emerging countries in Asia, the Middle East and Africa, may generate $380 million in transactions, an official said on Monday. Transactions will be up by 2.9 percent from 2010, Hesti Indah Kresnarini, director general of the National Export Agency (BPEN), said at a press [...]
Nusa Dua, Bali (ANTARA News) – The Investment Coordinating Board (BKPM) has predicted investment in Indonesia will grow by 16.6 percent to Rp280 trillion next year from Rp240 trillion this year. With the increase in investment, the Indonesian economic growth would remain stable, BKPM Chief Gita Wirjawan said after addressing a seminar on New Asia [...]
The Jakarta Post, The West Nusa Tenggara administration officially opened, on Saturday, Lombok International Airport in a move to boost tourism in Lombok, an island next to Bali which is becoming popular among both local and foreign tourists. The new airport is located in Pujut district in Central Lombok regency, about 40 kilometers to the [...]
TEMPO Interactive, Jakarta:Investment Coordinating Board (BKPM) chief Gita Wirjawan, says PT Unilever is ready to increase investments by US$ 600 million for Indonesia. This was stated after he joined President Susilo Bambang Yudhoyono in a meeting with PT Unilever CEO Paul Polman, in Jakarta yesterday. Unilever plans to expand three of its factories in Java. [...]
Crude Palm Oil Jimmy Hitipeuw JAKARTA, KOMPAS.com – Indonesia likely posted a wider trade surplus in August than in July on resilient demand for its commodities globally, economists said. The median forecast of ten economists polled by Dow Jones Newswires was for a $1.87 billion surplus in August, slightly higher than July’s $1.36 billion. “Export [...]
London (ANTARA News) – Indonesia still has foreign investor confidence for making investments in the country, Capital Investment Coordinating Agency (BKPM) chairman Gita Wirjawan said. Especially with an economic growth rate estimated to reach 6.5 pct in 2011, Gita Wirjawan said at Indonesian Business Day held at Haus der Commerzbank in Berlin, Counsellor for information, [...]
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