The economic turmoil has started taking its toll worldwide and has started affecting operations of a majority of countries in the business of exports of textile and clothing. But the one country to beat this trend seems to be Indonesia which has a booming garment export industry and which accounts for 60 percent of all shipments from the textile sector.
HONG KONG, Dec 12 - Indonesia has picked seven investment banks as advisers for a funding programme of up to $4 billion next year, a source with direct knowledge of the plans said on Friday....
KUALA LUMPUR, Dec 10 - Islamic insurer Takaful Malaysia said on Wednesday it is seeking a strategic partner in Indonesia to tap opportunities in the world's most populous Muslim country. Takaful wants to increase its...
BANGKOK, Dec 4 - Thai sugar exports to Indonesia could fall significantly in 2009 because of the postponement of a Southeast Asian summit this month, which means a trade agreement between the two countries may...
BANGKOK, Dec 2 - The world's top rubber-producing countries are to meet next week in Indonesia to look for ways to support prices, rescheduling a Bangkok meeting that had to be cancelled after anti-government protests...
JAKARTA, Dec 2 - Indonesia may issue foreign currency bonds in the second half of 2009 if conditions improve, Anggito Abimanyu, head of fiscal policy at the finance ministry, said on Tuesday....
JAKARTA, Nov 27 - Indonesia is considering permitting imports of beef products from Brazil to help reduce dependence on a few exporting countries, Agriculture Minister Anton Apriyantono told Reuters on Thursday. Last year, Indonesia consumed...
JAKARTA, Nov 26 - Indonesia, the world's top exporter of thermal coal, is discussing plans to require coal producers to set aside about 28 percent of annual output for the domestic market from 2009, a...
CANBERRA, Nov 26 - Australia has been approached by Indonesia for a loan to help it fund vital infrastructure projects in the global economic downturn, Treasurer Wayne Swan said on Wednesday. "It is the case...
Nov 20 - When Indonesia shifted power from Jakarta, to its regions, investors had to start dealing with a confusing patchwork of districts, some business-friendly, others...