Thai company seeking to grab Tanojo’s assets

The deals are set to be another indication of increasing foreign interest in Southeast Asia’s biggest economy, which is attracting investors because of strong economic growth and a buoyant stock market. Siam Cement,… Continue reading

Iran is not an emerging country.. yet

The Indonesian Soccer Association (PSSI) is planning to lodge a protest with Iran’s Football Federation, the Asian Football Confederation (AFC), and FIFA, over the poor facilities given to the Indonesian national team prior… Continue reading

Here’s a rumour: India Eyeing Infrastructure Projects

An emerging market with a promising economic growth, Indonesia becomes the destination of foreign investors. This is mainly due to the worsening economic slowdown in the United States and Europe. Some investors from… Continue reading

RI govt: Idul Fitri date set at August 31

The Indonesian government has decided to set the date of Idul Fitri, the festivity marking the end of the fasting month of Ramadhan, at August 31. Religious Affairs Minister Suryadharma Ali made the… Continue reading

2 billion txt msgs xpectD 2B sent durin Lebaran

d Ministry of Coms n info predicts 2 billion txt msgs wl B sent 1 day b4 n 1 day aftr Lebaran or Idul Fitri (Aug 30-31). “We predict there will be a… Continue reading

Indonesia to become emerging economy

We have played an active role in contributing ideas for global economic order and solving global problems which could affect developing countries particularly in the food, energy and clean water security…   Jakarta… Continue reading

Foreign investors to shift funds to Asia

Economist Guntur S. Siboro predicted here on Tuesday that the current financial crisis in the US and Europe would encourage foreign investors to shift their funds to Asia. Thanks to its better economic… Continue reading

RI`s economy may grow 7 pct in 2012

Jakarta (ANTARA News) – The Indonesian economy in 2012 may grow faster than the government-set target of 6.7 percent thanks to the country`s strong economic fundamentals, a lawmaker said. “The government still has… Continue reading

80 pct discount for smes SMB’s?

Jakarta (ANTARA News) – State Minister for Cooperatives and Small and Medium Businesses Sjarifuddin Hasan said he would propose a 80 percent tax discount for small and medium entrepreneurs. “Looking ahead, small and… Continue reading

Steady growth for ASEAN

Jakarta (ANTARA News) – ASEAN economy has proven itself to be resilient, but there are lingering challenges and risks, including the sovereign debt crisis and fiscal problems in some developed markets, rising food… Continue reading

Planning ahead: Indonesia still importing rice for contingency

Tasikmalaya, West Java (ANTARA News) – Chief economic minister Hatta Rajasa said the government would continue to import rice as a contingency measure. “It is a signal for us to stand. We need… Continue reading

Tax receipts in 2012 up 16 pct

President Susilo Bambang Yudhoyono said that tax receipts in the 2012 Draft State Budget increased 16 percent to Rp1,019.3 trillion from Rp878.7 trillion in the 2011 revised state budget. “The government has the… Continue reading