Press October 2013

  • Youngsters Population Boost IT Investment

    Head of Indonesia Investment Coordinating Board (BKPM), Mahendra Siregar said that the increase of IT investment it just a matter of time, investment in IT will be as big as other sector like manufacturer and consumer goods. Mahendra pointed that Indonesia has many advantages that will attract IT investment from overseas, such as; big market, demographic that dominated by young people, fast growing middle class, and high economic growth. READ MORE
  • Tony Fernandes: Government Connectivity is Important

    As one of the points discussed in APEC meeting, connectivity is really important, especially in ASEAN. As explained by Tony Fernandez, the CEO of Air Asia, connectivity was more than an open sky. Moreover, government and bureaucracy also needed connectivity, because ASEAN should create its own market, became one market, so China and India would negotiate with ASEAN. READ MORE
  • APEC CEO Summit: A View From Indonesia

    APEC CEO Summit: A View From Indonesia Beyond reporting the news that matters most to our readers and providing financial information and data via the Bloomberg Professional service, our goal is to prompt debate and facilitate dialogue at the highest levels. READ MORE
  • Rusal CEO: We Love to Invest in Indonesia

    APEC Summit is attended by many CEOs from many countries. One of them is Oleg Deripaska, CEO of En+Group and also a CEO from UC RUSAL, a Russian mining company, is the 16th most richest man in Russia and the 131st richest man in the world according to Forbes, with total asset of US$ 5.8 billion. Oleg shows his interest to invest in the mining sector in Indonesia. READ MORE
  • Foxconn’s handset operation in Indonesia to start next year

    Foxconn’s handset operation in Indonesia to start next year Taiwan's Foxconn Technology Group wants to jump-start a new manufacturing operation in Indonesia next year, potentially bringing in more smartphones to the country. Since last year, the company has been in exploratory talks with Indonesian officials about setting up operations in one of Asia's largest nations, which has almost 250 million people. READ MORE
  • Disputes Cloud Asia-Pacific Summit Focus on Trade

    Asia-Pacific leaders vowed Tuesday to cooperate on stabilizing a global economic recovery threatened by resource scarcity and bottlenecks to growth. Leaders of the 21-member Asia-Pacific Economic Cooperation forum wrapped up their annual summit with a pledge to protect security of food, energy and water from threats posed by climate change and population growth. READ MORE
  • U.S. trade official says to seek TPP deal by year-end

    U.S. trade official says to seek TPP deal by year-end The United States maintained it hopes to seal an ambitious trade pact on schedule by year-end despite resistance in some countries and the absence of President Barack Obama from a regional summit that is ironing out differences on the pact. U.S. Trade Representative Michael Froman said on Tuesday that world trade ministers may discuss the U.S.-proposed Trans-Pacific Partnership (TPP) on the sidelines of a World Trade Organization meeting that starts on December 3, with a goal of reaching a deal by year-end. READ MORE
  • Tidbits: RI hands over chairmanship to China

    Indonesia officially handed over on Monday the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum to China, which will host the forum’s summit in Beijing next year. READ MORE
  • China Inspired by Indonesia in Holding APEC Summit

    The Chinese delegates were impressed with the facilities and services for delegates as well as the media. Zhao Huimin, Director General of Foreign Affairs Beijing, further commented that Indonesia’s detailed services is exemplary for other nations that would be hosting similar multilateral events such as the APEC Summit. READ MORE
  • ABAC Gives 5 Recommendations

    The APEC Business Advisory Council (ABAC) has closed its event with five recommendations to the 21 APEC member nations. READ MORE