City eyes opportunities with Indonesia

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

View the original article here

City eyes opportunities with Indonesia

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

View the original article here

City eyes opportunities with Indonesia

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

City and economic development officials will travel to Chicago and meet with top officials from two Indonesian provinces in early March to discuss trade relations and other business opportunities.

Mayor Sal Garza and Global Strategies Director Gary Camarano will meet with Sutanto Soelhodho, deputy governor of the Jakarta Province, on March 7. A week later, on March 15, city officials will meet with Alex Noerdin, governor of South Sumatra.

“There is a lot to discuss with our Indonesian friends,” Garza said in a news release. “Obviously trade and business opportunities will be at the forefront, as that will be an economic plus for the region, but there are also cultural exchanges we can explore.”

The cultural endeavors could include expanding student exchange opportunities, which Garza said in the release could bolster commerce between the city and the two provinces.

The Jakarta Province includes Indonesia’s capital city and its surrounding region. The South Sumatra Province is located on the Sumatra island of the country. Both Indonesian officials will be in Chicago to talk about expanding trade relations, foreign direct investment, and the Sister Cities International program, which is a nonprofit group in Washington, D.C., that develops partnerships between U.S. cities and international communities.

City officials are hopeful that attending these meetings could strengthen a relationship with Indonesia that started last year when Indonesian Consul General Benny Banadewha visited Galesburg.

“These conversations represent a real opportunity for us to talk with a rapidly growing marketplace,” Camarano said in the news release. “They need some of the products we make here, and are eager to establish solid trade relations. I am very excited about the opportunity to meet with these gentlemen.”

Indonesian’s top exports are oil, electrical appliances and textiles. The country’s top imports are machinery, equipment and fuels, according to the CIA World Factbook.

sdibenedetto@register-mail.com

View the original article here

Viking looks for opportunity in Indonesia - Jakarta Post

The Jakarta Post | Wed, 02/29/2012 10:55 AM

JAKARTA: Canadian aircraft maker Viking Air Ltd., producer of the Twin Otter 400 series, is looking for more business opportunities in the Indonesian market this year, an executive said in Jakarta on Tuesday.

“Chartered flight business is growing in Indonesia, and we are pleased to offer aircraft that can operate in the world’s harshest environments,” Robert Mauracher, Viking’s vice president for business development and general manager MRO, said on the sidelines of demonstration flights in Halim Perdanakusumah Airport, East Jakarta.

He said that Viking has received orders from several countries, including the Government of Peru, and a second major purchase agreement for four Viking Series 400 Twin Otters has been executed with PT Airfast Indonesia. Each aircraft costs US$6 million.

The aircraft are scheduled for delivery in 2012 and 2014, and will be configured for land operations as Airfast Indonesia aims to expand its current fleet of three legacy Twin Otters used on charter in the mining industry.

“This summer, we are going to start certification with your regulator,” he said.

The aircraft will also be made available for viewing by commercial, military and government organizations in Surabaya on March 1.  (nfo)

View the original article here

Business : BIMB Still Eyeing Expansion Opportunities In Indonesia

February 10, 2012 17:47 PM

BIMB Still Eyeing Expansion Opportunities In Indonesia

KUALA LUMPUR, Feb 10 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) is still eyeing for opportunities to expand in Indonesia, preferably via a strategic tie-ups with bigger network rather than on acquiring a smaller bank.

Its managing director, Datuk Seri Zukri Samat, said BIMB was currently in preliminary discussion with shareholders.

"We still harbour the intention to go to Indonesia.

"The process will take time because there are so many parties involved.

"We hope to see it happen as soon as possible," he told a media briefing after signing a memorandum of understanding (MOU) with Koperasi Pembiayaan Syariah Angkasa Bhd (Kopsya) here today.

He said BIMB was also looking for opportunities in Bangladesh but the plan for Indonesia was more advanced.

On its third initial public offering (IPO), Zukri said, the bank has received the Securities Commission's (SC) nod and was waiting for the right time for the launch.

BIMB is the only commercial bank approved by the SC to act as principal adviser to undertake corporate finance work such as IPOs and advisory services for mergers and acquisitions.

Under the MOU with Kopsya, BIMB will extend its entire range of syariah-based financial services to the former, giving it access to the latest banking products and facilities.

They include the provision of corporate investment banking, treasury and cash management services.

BIMB will make available the deposit service to Kopsya's account via counter services at all BIMB branches nationwide, cash deposit machines, standing instructions, Internet banking and mobile banking.

The bank will embark on the modernisation of Kopsya payment management via e-commerce and terminal.

Both parties will build a platform to create a co-branded credit and debit card.

-- BERNAMA

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news coverage in our Newswire service.

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