Tag Archives: Indonesia Business News
Hatta Rajasa : Indonesia Stock Fall, Investors Do not Panic
Indonesia Now Spot news about Hatta Rajasa : Indonesia Stock Fall, Investors Do not Panic. The government warned investors that falling stock price index (CSPI) on the Indonesia Stock Exchange up to six percent today not to be taken with panic. Indonesia has three reasons that should not make investors panic.
First, according to Hatta, the fundamental conditions of economic and capital market performance of Indonesia is quite good. Upheavals that there is a global phenomenon, as concerns over the possibility of decreased growth.
Bali exports almost USD 50.8 million to USA
Indonesia now spot news about Bali exports almost USD 50.8 million to USA. A trade official stated that Bali`s exports to United States for January – June 2011 period with small 35 industrial, handicraft, agricultural and plantation products with totaled US$50.8 million.
Putu Bagiada, the Head of the Exports Section of Bali`s Trade and Industry Office said that the export value to USA has boosted around of 6.9 percent after in the same period in 2010 which stood at US$47.3 million.
Baginda also stated that even though the USA`s economic growth was not significant good, it was predicted only 2.9% during 2010, but present days the United States is still the biggest importer of Bali`s exports. They (US) commonly bought non-knitted garments, wood-based handicraft products, various crafts of patchwork and processed meat and fish.
Adhikarya – GoldStar win Pertamina`s project
Indonesia Now Spot News – Adhikarya – GoldStar Indonesia win Pertamina`s project. PT Adhi Karya collaborates with Goldstar Co Ltd (ADHI-GS JO) is the winner on worth US931.48 million dollars Pertamina’s Refinery Project. This projects are including of the Engineering, Procurement and Construction (EPC) of Pertamina`s Residual Fluid Catalytic Cracking (RFCC) project in Cilacap, Central Java.
