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Recent News
JICT Signs Loan Deal to Fund Expansion
Date: 14 December 2009
The Jakarta International Container Terminal (JICT) has signed a US$70-million loan deal from the International Finance Corporation (IFC), the World Bank’s investing arm, to partially fund a $160-million expansion plan at Tanjung Priok Port.
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To Copenhagen with Hope to Save Planet Earth
Date: 14 December 2009
Jakarta - "Copenhagen is our time to seize the once-in-a-lifetime opportunity to launch the post-2012 climate agreement," President Susilo Bambang Yudhoyono once said.
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President: Democracy and Development Must Go Together
Date: 11 December 2009
Nusa Dua - President Susilo Bambang Yudhoyono said democracy and development must be boosted together because the two are a prerequisite for achieving justice and prosperity.
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President: Indonesia Needs Rp2,000 Trillion in Foreign Investment Annually
Date: 11 December 2009
Nusadua, Bali - President Susilo Bambang Yudhoyono has said Indonesia needs foreign investment totaling Rp2,000 trillion annually with half of the amount expected to come from Japan.
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Thirteen Companies Interested in Building Sugar mills
Date: 11 December 2009
Jakarta - Thirteen companies are considering the building of sugar mills to support the national sugar industry revitalization program towards self-sufficiency.
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Pertamina Exceeds 2009 Oil and Gas Production Target
Date: 11 December 2009
Jakarta - PT Pertamina EP`s oil and gas production exceeded the target the government had set for 2009 at 125,500 barrels per day, the company`s operations director, Bagus Sudaryanto, said.
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BKPM to Announce Negative Investment List
Date: 11 December 2009
Jakarta - Head of the Capital Investment Coordinating Board (BKPM) Gita Wirjawan said his office would announce the negative investment list (DNI) early in 2010.
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Projected Economic Growth Figure to Boost Investment in 2010
Date: 11 December 2009
Jakarta - Finance Minister Sri Mulyani Indrawati said that the economic growth projection of 5 - 5.5 percent in 2020 would boost investment in the country.
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BKPM Projects Investment Growth at 10-15% For 2010
Date: 11 December 2009
Jakarta - The Investment Coordinating Board (BKPM) has targeted investment approvals in the country next year to grow 10-15 percent from this year.
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South Korea Asks Indonesia to Develop Forest Industrial Areas
Date: 11 December 2009
Jakarta - South Korean businesses have asked the Indonesian government to develop a special forestry industrial area as a breakthrough to overcome various problems in the forestry sector, a South Korean executive said.
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