Infrastructure: How Would You Spend $1.6 Trillion?

"“China spends 9 percent of its gross domestic product (GDP) on infrastructure and India budgets 3.5 percent … while aiming to increase its allocation to 8 percent. By comparison, the United States budgets $112.9 billion or just 0.93 percent of its GDP, and sidesteps the...

Broadband improvements to be explored

"A new advisory group has been set up to look at how Ireland's broadband infrastructure can be improved in the coming years. The International Advisory Forum on Next Generation Broadband Networks will look at how Ireland can get faster broadband speeds at lower costs. The...

I-35W bridge downed by design flaw; infrastructure issues fade from headlines

"The flaw: Undersized gusset plates. So, case closed? It wasn’t a portentous sign of a failing national infrastructure after all? Just a sad, tragic miscalculation by an engineer four decades ago? Nope..."

Google debuts knowledge project

"Google has kicked off a project to create an authoritative store of information about any and every topic. The search giant has already started inviting people to write about the subject on which they are known to be an expert. Google said it would not act as editor for the...

Bank DKI gets $38.5 M syndicated loan

Jakarta (ANTARA News) - The Jakarta administration-owned Bank DKI has obtained a syndicated loan of US$38.5 million from six banks. Bank DKI signed a loan agreement with the six banks on Friday in the presence of Jakarta Governor Fauzi Bowo. The loan payable in three years...

Indonesian govt cancels tender for telecom infrastructure work in remote areas

Jakarta (ANTARA News) - The Indonesian government has canceled a tender to build telecommunications infrastructure in remote areas, saying neither of the two final bidders met the qualifications, the Information Ministry said Friday. "The tender is declared to have failed and...

Development policy loans amounting to US$ 800 mln for Indonesia - World Bank

Bangalore (ANTARA News) - The World Bank said it has approved two development policy loans (DPLs) to Indonesia amounting to 800 mln usd to add momentum to the country's reform programme in services for the poor, improving the investment climate, public financial management...

World Bank helps Indonesia`s reform and infrastructure

"The US$600 million Fourth Development Policy Loan and the US$200 million First Infrastructure Development Policy Loan bring together the Asian Development Bank (ADB), the Japanese government and the World Bank (WB) on a common platform to support Indonesia`s growing reform...

VP Jusuf Kalla upbeat on economy

"Southeast Asia's biggest economy is set to expand 6.3 percent this year, its fastest growth in 11 years, but still lags far behind China, which is set to grow 11.5 percent this year, and India, which is heading for 9 percent growth in its fiscal year."We can achieve that"...

The upcoming Traffic Jam on Internet

"Consumer demand for bandwidth could see the internet running out of capacity as early as 2010, a new study warns. US analyst firm Nemertes Research predicted a drastic slowdown as the network struggles to cope with the amount of data being carried on it. Such gridlock would...