Cides: Invite foreign investors to develop agricultural sector

Jakarta (ANTARA News) - Director of the Center for Information and Development Studies Umar Juoro said the government should endeavor in improving agricultural production to address the problem of the currently rising food prices. "If necessary, foreign investors should be...

3/4 of a Point - Did the Fed Overreact?

"The market is based as much on perceptions as it is on fundamentals. Good feelings fueled the twin rises in equities (stocks) and real estate. Many were riding such a high that they could not see or even think about a bottom. The roller coaster was going up and everyone was...

Globalisation: sleepwalking to disaster

"Globalisation: sleepwalking to disaster Ann Pettifor The scale of global debt reflects a broken financial and commercial system that is doing immense damage to the planet and to public life, says Ann Pettifor. 11 - 12 - 2007 On 9 August 2007, globalisation's rickety...

US, Canada franchisors seeking Master Franchisee in Singapore

"The Franchising and Licensing Association of Singapore (FLA) certifies the upward progress of the franchise industry in Singapore. According to Ms. Terry Wong, General Manager for FLA, Singapore's reputation as a strategic entry point to Asia has attracted the attention of...

Work contracts with foeign investors must be renegotiated: Amien

"Amen took as example the work contract with PT Freeport in Papua which, he said, was robbing the country`s wealth."Every hour, from morning till afternoon, the American mining company is taking out tons of gold, tin and copper concentrate without supervision from the central...

Indonesia now Japan`s eighth investment destination

""The latest survey is like the best New Year`s present for Indonesia," Economic Affairs Coordinator at the Indonesian Embassy in Japan, M Abas Ridwan said on Friday.The subject was raised at a year-end meeting between the Indonesian Embassy`s economic team with JBIC...

Aceh increasingly attractive to foreign investors

""Foreign investment is expected to increase in 2008 as the security situation in the province has significantly improved," the governor said.He said that in 2007 the provincial administration signed tens of Memoranda of Understanding (MoUs) on investment with foreign...

PepsiCo to webcast conference call and slides on q4 earnings

"PepsiCo (NYSE: PEP) is one of the world's largest food and beverage companies, with 2006 annual revenues of more than $35 billion. The company employs approximately 168,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses...

Gold recaptures $800 on bargain hunting; dollar eyed

""If the U.S. dollar comes under downward pressure in coming weeks, you could see the gold price spike higher. Probably quite sharply higher, back above $820 an ounce," said David Moore, a commodity analyst at the Commonwealth Bank of Australia."Although perhaps the upside...

RI plans to give incentives to environment-friendly investors

""We need to seek a solution. On one hand investors are needed to help eradicate poverty, while on the other they are also held responsible for the environment. In the past, we gave incentives to make Indonesia competitive and now we are planning to give incentives to make...

Indonesian shares outlook - Flat as investors await Fed`s rate decision

Jakarta (ANTARA News) - Indonesian shares are expected to open flat on Monday as investors mark time ahead of the Federal Reserve's decision on interest rates tomorrow. "The market may be quiet but I think the main index could move into positive direction," said Prayoga...

Jambi has 500 million tons of exploitable coal deposits

"Jambi`s calculated and exploitable coal potential with calories of 4,500 to 5,400 kkal/kg reached 500 million tons.This vast energy potential needs to be exploited and used for economic development, especially electric energy generation, Jambi Governor H Zulkifli Nurdin said...