Just Economic Info

Indonesia is ready to rival Thailand as an automotive production base, the president director of PT Astra Internasional (ASI), Prijono Sugiarto, said here on Saturday."This year is the year of automotive for Indonesia as a number of supporting indicators grow positively," he said.Compared to Thailand, Indonesia was now better in terms of...

Indonesia hopes investment from China will increase and more of its products can be sold in that country following President Susilo Bambang Yudhoyono`s upcoming meeting with Chinese businessmen."The meeting with the Chinese businessmen in Shanghai is expected to be able to boost Chinese investment in Indonesia and expand the country`s products`...

US proposals that countries set targets to reduce trade imbalances appeared to be running into opposition at the G20 meeting of leading economies.US Treasury Secretary Timothy Geithner wrote to G20 members on Friday suggesting limiting surpluses and deficits to a percentage of output.But Japan, Germany and Russia expressed opposition to what...

The Cuban government has outlined the taxes that will have to be paid by the country's growing number of self-employed workers.It is the latest stage of President Raul Castro's reforms to move Cuba away from a solely state-run economy.Self-employed workers will have to pay 10% income tax, while those who take on staff will pay more.It comes...

Investors from Vietnam have explored a location in Bangka Selatan district in Bangka-Belitung (Babel) province to invest in the fisheries sector. "The investors from Vietnam intended to invest in the fisheries sector and have visited Bangka Selatan district to obtain first hand information about suitable locations for their investment,"...

Indonesia is one of the big three projector market in Asia Pacific after China and India, a senior sales manager of PT NEC Indonesia said."This indicates the big chance for businesses to tap projector market in Indonesia," Ferry Faried Badjeber, senior sales manager and business development division of PT NEC Indonesia, said in a NEC Media...

State-owned PT Aneka Tambang`s revenue grew above 10 percent until September this year from Rp6.26 trillion recorded in September 2009."The revenue growth is driven by mining commodity price hikes in the market," the company`s president director Alwinsyah Loebis said here on Thursday.He said the net profit was still being audited. "It is all still being audited. What is clear is our income has risen double-digit or above 10 percent...