ANTARA News - Business

govt supports farmers in producing palm oil

Sun, 27 May 2012 10:21:42 +0700

Indonesian Agriculture Minister Suswono said the government supported farmers in cultivating oil palm plantation while stressing the importance of sustainability principle in increasing their palm oil production.

38 foreign businessmen investing in W Sulawesi

Sun, 27 May 2012 00:23:58 +0700

Head of One Door Integrated Service (PTSP) and the Electronic Information Service and Investment Licensing (SIPISE) of the West Sulawesi Capital Investment Coordinating Agency (BKPMD) Ir.Surung Katta said that investments had been increasing with 38 foreign businessmen investing in West ...

Japan, India, China North Sumatra`s main export destinations

Sun, 27 May 2012 00:10:08 +0700

Japan, India and China remained North Sumatra`s main export destinations in the first quarter.

Indonesia confident it can withstand European crisis

Sat, 26 May 2012 23:59:01 +0700

Indonesian finance minister Agus Martowardojo said he was confident Indonesia could withstand the impact of the current economic crisis in Europe.

Imports of horticultural products to be monitoring

Sat, 26 May 2012 23:55:15 +0700

Finance minister Agus Martowardojo said the government had to continue monitoring imports of horticultural products to prevent the economy from overheating.

Indonesia`s economy remains safe

Sat, 26 May 2012 21:04:55 +0700

Vice finance minister Anny Ratnawati said Indonesia`s economic conditions remain safe and interesting for foreign investment.

British Petroleum to develop geothermal energy in indonesia: president

Sat, 26 May 2012 03:46:47 +0700

British Petroleum has agreed to participate in the development of geothermal energy in Indonesia, President Susilo Bambang Yudhoyono said here on Friday.

RI promotes batik in Japan `global green` exhibition

Sat, 26 May 2012 03:45:33 +0700

Indonesia in its participation in the Global Green exhibition in Shizuoka, Japan on May 16 through 23, 2012 among others promoted batiks, traditional clothes, jewelery and handicrafts, the trade ministry in its statement said.

Industry is pillar of economic growth

Sat, 26 May 2012 03:44:23 +0700

The government must be able to increase the competitive edge of national industry because industry is the pillar of the economic growth in the face of stiff global competition, a senior industrial official said.

Three factors to protect economic growth: finance ministry

Sat, 26 May 2012 03:35:55 +0700

Vice Minister for Finance Anny Ratnawati has identified three main factors that can protect Indonesia`s economic growth in the face of the European crisis: protecting public consumption, boosting investment, and accelerating government expenditure.

Garuda Indonesia reopens flight route to Taipei

Fri, 25 May 2012 22:02:23 +0700

National flag carrier Garuda Indonesia has reopened the Jakarta-Taipei flight route as of Thursday to increase trade and tourism.�Garuda used to fly to Taipei until 2004.

Garuda Indonesia reopens flight route to Taipei

Fri, 25 May 2012 21:46:33 +0700

National flag carrier Garuda Indonesia has reopened the Jakarta-Taipei flight route as of Thursday to increase trade and tourism.

PLN suffers Rp500 mln in losses due to flood

Fri, 25 May 2012 21:03:51 +0700

State electricity company PT Perusahaan Listrik Negara (PLN)`s office in Balikpapan, East Kalimantan, suffered an estimated Rp500 million in material losses due to flood and landslide on Thursday.

Borobudur interhash to help boost tourism in C Java

Fri, 25 May 2012 20:58:08 +0700

Tourism and Creative Economic Minister Marie Elka Pangestu said the Borobudur International Hash (InterHash) 2012 was expected to promote Central Java as a tourist destination.

Balinese bamboo handicraft sales increase by 12.97%

Fri, 25 May 2012 20:42:41 +0700

Bali has succeeded in generating foreign exchange gains of up to US$1.64 million from the sale of bamboo handicrafts in the two-month period of January-February 2012 - an increase of 12.97 percent from the corresponding figure of US$1.41 million generated during the same period last year.

MP3EI includes four potential investment areas in W Kalimantan

Fri, 25 May 2012 20:39:54 +0700

The Indonesian Economic Development Acceleration and Expansion Master Plan (MP3EI) has included in its programs four potential investment areas in West Kalimantan.

Investment to replace consumption as main driver of growth

Fri, 25 May 2012 20:30:44 +0700

Finance Minister Agus Martowardojo said investment will replace public consumption as the main driver of economic growth next year.

Bolivia offers its oil/gas block management to Indonesia

Fri, 25 May 2012 20:07:22 +0700

A Bolivian oil and gas company, Yacimientos Petrol-feros Fiscales Bolivianos (YPFB), has offered the Indonesian state oil company PT Pertamina and other companies the opportunity to manage some oil and gas blocks in the Latin American country.

N Sumatra suffers deficit in trade with Malaysia

Fri, 25 May 2012 19:27:40 +0700

North Sumatra suffered a deficit of US$10.909 million in its trade with Malaysia in the first quarter driven by declining exports from the region.

Finance minister: revision of taxation law likely

Fri, 25 May 2012 01:05:43 +0700

Finance Minister Agus Martowardojo said he did not rule out the possibility that the taxation law may be revised to raise the country`s tax ratio to up to 16 percent.