RI to record highest economic growth in Asia by 2011, says chief minister

"Bandarlampung (ANTARA News) - People`s Welfare Coordinating Minister Aburizal Bakrie said the highest economic growth in Asia in 2011 may prevail in Indonesia. "In his meeting with Vice President Yusuf Kalla, Bakrie said Indonesia may reach the highest economic growth in...

Three Indonesian firms plan $164 mln 1st quarter bond issues

"Three Indonesian companies said on Wednesday they plan to raise a total of 1.55 trillion rupiah ($164.1 million) via bond issues in the first quarter to support business expansion and repay debt.The largest proposed issuance is by shipping company PT Arpeni Pratama Ocean...

President Yudhoyono receives Iranian vice president

"President Susilo Bambang Yudhoyono received Iranian Vice President/Environment Minister Fatemeh Vaiz Javadi at the Four Seasons Hotel in Bali on Thursday morning. Fatemeh`s 30-minute meeting with the Indonesian leader took place on the sidelines of the 13th Conference of...

Local administration able to handle impact of quake in NTB - senior minister

"A strong earthquake hit Bima and Dompu, West Nusa Tenggara (NTB) Province, early Monday, killing at least three persons, injuring tens of residents, and destroying hundreds of houses. The earthquake measuring 6.7 on the Richter scale was felt by the Dompu residents at...

Indonesia coal producer Bumi says 9-month net jumps

"The firm, controlled by the family of Indonesia's chief social welfare minister Aburizal Bakrie, made a net profit of $800 million in the January-September period, up from $153 million a year ago, Reuters reported. Bumi agreed in March to sell stakes in two of its biggest...