Pesawat NC 235-110 menyisihkan pesaing dari Spanyol, Amerika, dan Israel.

Seoul — PT Dirgantara Indonesia menang dalam tender pengadaan empat pesawat penjaga pantai untuk Korea Selatan senilai US$ 94,5 juta. Direktur Utama PT Dirgantara Indonesia Budi Santoso dan pemerintah Korea Selatan menandatangani kontrak jual-beli tersebut di Seoul kemarin. Read the rest of this entry »

Newsweek

Indonesia As the New India

This stable democracy with a hot market economy resembles another Asian giant in the 1990s.

George Wehrfritz
NEWSWEEK
From the magazine issue dated Oct 20, 2008

Jakarta today could be any of Asia’s 21st-century boomtowns. The malls buzz, traffic snarls and modern office towers dominate the skyline. It all feels profoundly normal—but that’s big progress in a place that, barely ten years ago, seemed destined for ruin. Following the fall of longtime strongman Suharto, and with Indonesia reeling from the 1997-98 Asian financial crisis, many analysts feared that Asia’s third-biggest country (population: 235 million) would go the way of Yugoslavia. Instead, it has become a cohesive, robust and exuberantly democratic moderate Muslim nation. Things are so buoyant that Indonesia invites comparison to another Asian giant: India. Read the rest of this entry »

Mustaqim Adamrah ,  The Jakarta Post ,  Jakarta   |  Mon, 10/06/2008 9:58 AM  |  Business

Several local firms will conduct tests on Indonesian-brand vehicles before launching the models to tap the country’s car market, which is dominated by Japanese firms.

State-owned train manufacturer PT Industri Kereta Api (Inka) will produce a car under brand name Gea (a girl’s name in Indonesia), while Semarang State University (Unnes) is teaming up with local administrations to manufacture a car model named Arina.

An unnamed Serang-based company will also join in the race by producing a car called Tawon, which means “bee” in local dialect. Read the rest of this entry »

Business News - Wednesday, September 24, 2008The Jakarta Post, Jakarta

Publicly listed PT Indofood Sukses Makmur, the world’s largest instant noodle maker, is expanding into the dairy industry by acquiring the parent company of dairy producer PT Indolakto for US$350 million.

In its statement to the Indonesia Stock Exchange (IDX) on Tuesday, Indofood said it had signed a conditional sale-and-purchase agreement with Pastilla Investment Ltd. to buy 100 percent of Singapore-based Drayton Pte. Ltd, which owns 68.57 percent of Indolakto. Read the rest of this entry »

Pacitan, E Java (ANTARA News) - Indonesia`s textile and textile product exports in the first seven months of 2008 rose 6.17 percent to US$6.06 billion from US$5.71 billion in the same period last year, an Industry Ministry official said.

Textile and textile product exports contributed 22.38 percent of the country`s non-oil/non-gas exports and 14.45 percent of industrial product exports over the period, the ministry`s director of industrial and mining product exports, Hartojo Agus Tjahjono said here on Friday. Read the rest of this entry »