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ANTARA - Economic & Business News
Latest Stories from ANTARA News



RI economy predicted to keep growing until 2011 (Mar 11)
Bank Indonesia (BI) predicts Indonesia`s economy will grow 5.5 to 6.0 percent in 2010 and continue to grow 6.0 to 6.5 percent in 2011.


Govt may grant duty-free facility to four other industries (Mar 11)
The government is looking into the possibility of granting government-borne import duties to four other industries.


Senen market fire causes Rp8.5 billion loss (Mar 11)
A fire that ravaged the Senen market in Central Jakarta in the wee hours of Thursday caused an estimated material loss of Rp8.5 billion, a spokesman said.


PT Dirgantara Indonesia can build amphibious planes (Mar 11)
State aircraft industry PT Dirgantara Indonesia (PT DI) has the capacity to build amphibious planes, member of Commission I of the House of Representatives Al Muzammil Yusuf said Thursday.


Australian firms to invest US$1 billion in Indonesia (Mar 11)
Five large Australian companies will increase their investment up to US$1 billion to expand their business in Indonesia, Investment Coordinating Board (BKPM) chief Gita Wirjawan said.


China`s car sales in Feb up 45.88% on year: CAAM (Mar 11)
China\'s car sales reached 623,100 units in February, down 33.02 per cent from the previous month but up 45.88 per cent from a year earlier, according to the latest statistics released by the China Association of Automobile Manufacturers (CAAM).


Cathay Pacific swings to US$605 mln profit for 2009 (Mar 11)
Hong Kong\'s Cathay Pacific Group has announced an attributable profit of HK$4,694 million (US$605 million) in 2009 despite what it termed \"extremely challenging business conditions\", compared to a loss of HK$8,696 million the previous year.


Q1 economic growth expected to reach over 5 pct (Mar 10)
Finance Minister Sri Mulyani Indrawati said the country`s economic growth in the first quarter of this year was believed to reach over five percent.


Power rate hike to trigger inflation : observer (Mar 10)
The government`s plan to raise the basic power rate (TDL) will boost inflation and reduce the competitive edge of domestic products, an observer said.


Thai bath weakens on market concerns over applying security act (Mar 10)

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