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PT Dirgantara Indonesia can build amphibious planes

ANTARA : Economy: 1 hour ago
State aircraft industry PT Dirgantara Indonesia (PT DI) has the capacity to build amphibious planes, member of Commission I of the House of Representatives Al Muzammil Yusuf said Thursday. ...read article

Senen market fire causes Rp8.5 billion loss

ANTARA : Economy: 1 hour ago
A fire that ravaged the Senen market in Central Jakarta in the wee hours of Thursday caused an estimated material loss of Rp8.5 billion, a spokesman said. ...read article

Govt may grant duty-free facility to four other industries

ANTARA : Economy: 1 hour ago
The government is looking into the possibility of granting government-borne import duties to four other industries. ...read article

RI economy predicted to keep growing until 2011

ANTARA : Economy: 1 hour ago
Bank Indonesia (BI) predicts Indonesia`s economy will grow 5.5 to 6.0 percent in 2010 and continue to grow 6.0 to 6.5 percent in 2011. ...read article

Sri Lanka inks US$290 mln in railway, airport loans from China

ANTARA : Economy: 1 hour ago
Sri Lanka has signed up US$290 million in financing from China\'s Exim Bank to build an airport in the south of the island and expand railways, the foreign ministry said. ...read article

Vice President opens Agrinex International Expo 2010

ANTARA : Economy: 1 hour ago
Vice President Boediono on Friday morning opened Agrinex International Exhibition 2010 at the Jakarta Convention Center. ...read article

Cathay Pacific swings to US$605 mln profit for 2009

ANTARA : Economy: 1 day ago
Hong Kong\'s Cathay Pacific Group has announced an attributable profit of HK$4,694 million (US$605 million) in 2009 despite what it termed \"extremely challenging business conditions\", compared to a loss of HK$8,696 million the previous ... ...read article

China`s car sales in Feb up 45.88% on year: CAAM

ANTARA : Economy: 1 day ago
China\'s car sales reached 623,100 units in February, down 33.02 per cent from the previous month but up 45.88 per cent from a year earlier, according to the latest statistics released by the China Association of Automobile Manufacturers (CAAM). ...read article

Australian firms to invest US$1 billion in Indonesia

ANTARA : Economy: 1 day ago
Five large Australian companies will increase their investment up to US$1 billion to expand their business in Indonesia, Investment Coordinating Board (BKPM) chief Gita Wirjawan said. ...read article

Power rate hike to trigger inflation : observer

ANTARA : Economy: 1 day ago
The government`s plan to raise the basic power rate (TDL) will boost inflation and reduce the competitive edge of domestic products, an observer said. ...read article

Q1 economic growth expected to reach over 5 pct

ANTARA : Economy: 1 day ago
Finance Minister Sri Mulyani Indrawati said the country`s economic growth in the first quarter of this year was believed to reach over five percent. ...read article

Govt to issue presidential regulation on extractive industries

ANTARA : Economy: 2 days ago
The government will immediately issue a presidential regulation on extractive industries in an effort to make the management of oil profit-sharing funds more transparent. ...read article

PTBA considering purchase of 9.36 pct of Freeport shares

ANTARA : Economy: 2 days ago
President Director of state coal mining company PT Batubara Bukit Asam Tbk (PTBA) Sukrisno said he was considering a purchase 9.36 percent of the shares of PT Freeport Indonesia. ...read article

Construction of two PLN powerhouses started

ANTARA : Economy: 2 days ago
The construction of two main powerhouses in South Bengkulu and North Bengkulu regencies has been started raising each capacity by 1 megawatts (MW) to meet the power needs in the two regencies. ...read article

Sinochem inks US$2.3 bln deal for fertilizer projects in Ningxia

ANTARA : Economy: 2 days ago
Sinochem Group, one of China's leading fertilizer makers, has inked a 16-billion-yuan (US$2.3 billion) deal on Tuesday to build two nitrogenous fertilizer projects in China's northwestern Ningxia Hui Autonomous Region. ...read article

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