Samsung keen to invest US$1.63 bln in Indonesian biodiesel project
Jakarta (ANTARA News/Asia Pulse) - South Korea's Samsung Corp. (KSE:000830) wants to invest up to US$1.63 billion to build a biodiesel plant and establish oil palm plantations in Riau, an official said. The Korean giant has already acquired...

Korea`s Leading Investment is 1st to offer algorithmic trading
Singapore, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - Progress Software Corporation (Nasdaq: PRGS), a provider of application infrastructure software to develop, deploy, integrate and manage business applications, today announced that...

Korea, ASEAN resume free trade talks
Korea and the Association of Southeast Nations will begin their 23rd round of talks regarding a free trade agreement in Bangkok today, the Ministry of Foreign Affairs and Trade in Seoul said. The two sides are expected to focus on...

Sultan looks to Saemaeul movement
YOGYAKARTA, Indonesia - When it comes to investment opportunities and tourism from Korea, Yogyakarta is seldom explored as a viable option. When looking at the province deeper one finds a gem of possibilities. "The main advantage of...

RI must still work hard to attract seven million tourists
Jakarta (ANTARA News) - Indonesia which in January addressed an invitation to people around the world by proclaiming 2008 as "Visit-Indonesia Year" still has to work hard to achieve its target of attracting seven million foreign tourists...

Bali bounces back from bomb blasts
BALI, Indonesia - The island of Bali has become a vacation hotspot for Koreans looking for something a bit different while at the same time enjoy the full pleasure the island has to offer. Even after the terrorist attacks in 2002 and 2005,...

Walking around globe for Indonesian youth
At first glance, Herman Wenas doesn`t look like much of a walker, much less one who just completed a month-long trek of Korea. The 39-year-old Indonesian is not skinny, nor does he look disheveled or worn down by the elements. He wears the...

South Korea seeks subs-for-aircraft deal with Indonesia
Seoul (ANTARA News) - South Korea is seeking a deal to trade its 1,300-ton diesel-electric attack submarines for Indonesian-built patrol aircraft, military officials said Tuesday.The deal will be discussed when arms procurement officials...

Despite recession American tourist flow to Bali increasing
Denpasar (ANTARA News) - The economic recession currently hitting the Americas seems not to have discouraged people in those countries to spend vacations in Bali, provincial tourism data show.The number of American tourists who came to...

S. Korea, Japan need over 1,100 caregivers from Indonesia
Makassar (ANTARA News) - South Korea and Japan want to recruit at least 1,116 caregivers from Indonesia in the interest of their senior citizens, a local social services official said."Our workfoce must seize this opportunity. For this...

ASEAN plans textile production hub
The Jakarta Post ,  Jakarta   Asean textile producers have come together to create a blueprint for a regional global production hub to compete with China and India. The making of the blueprint, under the umbrella of the...

Seoul, Jakarta to Hold Defense Talks
Working-level defense officials from South Korea and Indonesia will meet in Seoul Thursday for talks on cooperation in the defense industry, the Ministry of National Defense said. The one-day meeting, the first of its kind between the two...

Yudhoyono to officially kick off Bali cultural fiesta
Denpasar (ANTARA News) - President Susilo Bambang Yudhoyono is scheduled to officially kick off the 30th Bali Cultural Fiesta (PKB) on June 14, 2008."The head of state to be accompanied by a number of ministers will watch cultural...

Indonesia, South Korea May inflation soars, raising fears of Asia monetary
Singapore (ANTARA News) - Inflation in Indonesia and South Korea continued to rise in May as oil prices hit fresh record highs above $135 a barrel, raising concerns that central banks in Asia might either raise domestic interest rates or...

1.8 million tourists visits Indonesia in January-April
Jakarta (ANTARA News) - The number of foreign tourists visiting Indonesia in the first four months of 2008 rose 12.71 percent to 1,864,585 from 1,654,351 in the same period last year, the Central Bureau of Statistics (BPS) said."The...

Bali invites 12 foreign ambassadors to watch cultural attractions
Denpasar, Bali (ANTARA News) - Bali`s provincial government has invited the ambassadors of 12 countries to watch cultural attractions before the opening of the 30th Bali Arts Festival on June 14."The 12 ambassadors are from countries which...

Koreans Eye US$300 MLN Investment in Indonesia's Pulp Industry
JAKARTA, May 30, 2008 - A number of South Korean investors are keen to invest in pulp industry in Indonesia with an investment of US$300 million, a Korean official said. ANTARA -Asia Pulse reported (05/30/08). The fund will include for the...


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