News Archive

Indonesia, China sign $3.2B energy deals: Minister
2009-01-01
Indonesian and Chinese companies Monday signed energy deals worth a total $3.2 billion

2009 investment target revised down
2009-01-01
Indonesia's total investment is expected to be around $17 billion in 2009, the chairman of the country's investment board said on Monday, lower than an earlier target of around $20 billion due to the global economic crisis

Govt to spend $ 9.2 billion on infrastructure in 2009
2009-01-01
The government plans to spend Rp100 trillion ($9.2 billion) on infrastructure projects next year in a bid to sustain growth amid a global economic slowdown

Govt announces moves to speed up trade administration, cut costs
2009-01-01
The finance minister on Tuesday announced measures to speed up and reduce costs for imports at two of the country's key ports, using a centralized electronic system to obtain government approvals

BI predicts 2009 economic growth at 4.9%
2008-12-25
Bank Indonesia (BI) predicts that Indonesia’s economic growth will reach 4.9% in 2009, higher than the World Bank’s prediction of 4.4%

Investment to grow 10.7% in 2009: BKPM
2008-12-25
Investment in 2009 will only grow by around 10.7%, 8% lower compared to growth this year of 19%

World Bank heads move to address impact of global crisis
2008-12-25
The World Bank is working with Australia, Japan and the Asian Development Bank on a financing package to deal with Indonesia’s effort to address impact of global financial crisis that could reach up to $6 billion

Govt. lowers growth forecast
2008-12-02
The government has slashed its 2009 growth forecast to between 4.5% and 5%, Finance Minister Sri Mulyani Indrawati said