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100 articles.
Wednesday, 16 January, 2008 | 17:51 WIBTEMPO Interactive, Jakarta: The government has stated that the delay in establishing the Batam, Bintan and Karimun Free Trade Zones Council was because so far the Special Economic Zone Development National Team (KEKI) has not yet held any meetings.
An alliance of entrepreneurs and workers groups has established a bipartite forum to help settle industrial labor disputes and problems.
The government plans to scrap electricity subsidies for middle and upper-income households to ease pressure on the state budget.Should the House of Representatives clear the proposal, state power firm PT Perusahaan Listrik Negara (PLN) would apply the policy in July.
Join Indonesia's Leaders in Finance and Investment in Bali May 21-22, 2008.Bali News: The Indonesian Investment Conference in Bali(5/3/2008) A major investment conference involving Indonesia's key economic architects from the Ministry of Finance, the Central Bank and business leaders from ...
Denpasar, Bali (ANTARA News) - Bali province in the first eleven months of 2007 exported US$461.9 million worth of non-oil/non-gas commodities, exceeding its target of US$458.7 million for the year.
Unemployment in Indonesia fell to 9.1% in August 2007 from 10.3% a year before, Dow Jones reported Wednesday (2/1/08).The Central Statistics Agency (BPS) said the number of jobless dropped to 10.01 million people in August from 10.93 million a year before.
PT Trada Maritime, a subsidiary of Trada International trading and shipping company, signed an agreement to form a joint venture with the Japanese-owned Asahi Tanker on Tuesday in Jakarta.
Meeting and Conference Business from Australia Expected to Return to Bali in 2008.Bali News: 2008: A Bumper Year for Meetings in Bali(1/12/2008) The hospitality industry in Bali is optimistic of more MICE (Meetings, Incentives, Conferences and Exhibitions) business from Australia following the ...
Friday, 09 May, 2008 | 16:15 WIBTEMPO Interactive, Jakarta: Chairman of the Microsoft Corporation Bill Gates offered free computer software for improving the information technology capability of junior and senior high school students in Indonesia.
Mumbai (ANTARA News/Thomson Financial) - Power Trading Co. India Ltd. (PTC) plans tospend 3 billion rupees buying coal mines in Indonesia over the next year, said the Daily News and Analysis newspaper, citing PTC chairman and managing director Tantra Narayan Thakur.
Beijing (ANTARA News) - China will become an important and strategic country for Indonesia, which has become apparent in view of the fact that many Indonesian high-ranking government officials had been visiting China to expand cooperation in many sectors.
Magelang, Central Java (ANTARA News) - Defence Minister Juwono Sudarsono said President Susilo Bambang Yudhoyono has called on members of the younger generation to use their brains in the current world developments full of competition.
JAKARTA - Indonesia, the world's biggest palm oil producer, plans to take firm measures aimed at ensuring palm oil firms meet stringent standards before labelling their products as eco-friendly, an industry watchdog said on Wednesday.
Magelang, Central Java (ANTARA) - Defense Minister Juwono Sudarsono said Indonesia`s natural resources which were stolen each year reached a total value of US$16 billion.
The government is slated to begin construction next year of the country's longest and most expensive bridge, linking Sumatra and Java islands, a year ahead of schedule.Lampung Governor Sjachroedin Z.P.
Beijing (ANTARA News/XFN-Asia) - The Chinese government may encourage domestic companies to buy farmland abroad, particularly in Africa and South America, to help guarantee food security, the Financial Times reported.
Beijing (ANTARA News) - China will become an important and strategic country for Indonesia, which has become apparent in view of the fact that many Indonesian high-ranking government officials had been visiting China to expand cooperation in many sectors.
The fight against corruption has slowed over the last four years because forces linked with Soeharto's New Order regime remain in power, a seminar here heard Thursday.
Novia D. Rulistia and Rendi Akhmad Witular, The Jakarta Post, Jakarta While most publicly listed food processing companies have enjoyed hefty first-quarter profits, rising global food crop and energy prices are likely to squeeze earnings in the coming months.
A preliminary deal between the government and India's state-run National Aluminum Co Ltd on Friday (11/1/08) for a $3.2 billion project to build an aluminum smelter and power plant in Sumatra promises the start of a strong year for growth in Indonesia.
Nagoya (ANTARA News/Asia Pulse) - Toyota Motor Corp. (TSE:7203) said Wednesday that it will begin importing compact commercial vehicles produced in Indonesia and selling them in Japan.Production of its fully remodelled Townace/Liteace vans and trucks, to be rolled out in Japan on Feb.
Denpasar (ANTARA News) - Tourism agents have expressed optimism that the number of foreign tourists visiting the resort island of Bali in the coming years will increase following the success of the United Nations Framework Convention on Climate Change (UNFCCC) in Nusa Dua.
Stakeholders said the local shipping industry would not be ready for the implementation of the cabotage principle, scheduled for 2011, without more incentives and regulatory reforms.
Padang, W Sumatra (ANTARA News) - State electricity company PT PLN will appoint China National Technical Import Corporation (CNTIC) to build a government-funded thermal power plant at Teluk Sirih in Padang, West Sumatra, at a cost of Rp2.5 trillion, a spokesman said.
Wednesday, 07 May, 2008 | 13:03 WIBTEMPO Interactive, Jakarta: Vice president Jusuf Kalla has he considers that the government’s performance under President Susilo Bambang Yudhoyono and himself has not been too bad.
Indonesia and Malaysia have signed a Memorandum of Understanding (MoU) on the establishment of a joint committee as an effort to increase two-way trade and investment.
As developing countries strive to achieve a better quality of life, there are some obvious lessons in the history of developed nations which leaders would do well to emulate. That should also include leaders in business, CEOs and managers alike.
Jakarta (ANTARA News) - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
Coal exports can still exceed 150 million tons this year due to higher supply, despite fears that the government may curb exports to protect domestic demand, a senior industry figure said Tuesday (8/1/08), Reuters reported.
This year there are less factors to cite which could reduce the price of natural rubber, with many signs pointing toward the commodity climbing up the chart.
Monday, 14 January, 2008 | 16:19 WIBTEMPO Interactive, Jakarta: Several groups that are members of the Nine Associations Alliance are complaining about the government's attitude as regards the legalization of a listing fee or administration fee for registering goods.
The Indonesian Retailers Association (Aprindo) has hailed a presidential decree on the retail sector as a breakthrough in the perceived disharmony between traditional and modern retail marketsAprindo chairman Handaka Santosa said Tuesday the decree covered the interests of both sides, allowing them ...
To curb the surging price of soybeans, legislators suggested Tuesday the government scrap its policy limiting the number of designated importers.The policy is considered a major factor for the skyrocketing prices.
A number of textile companies plan to build new garment factories with a total investment of Rp1.1 trillion ($122 million) this year, the Indonesian Textile Association (API) said, Asia Pulse reported Tuesday (8/1/08).
A number of Chinese financial companies and banks are expected to open more branches in Indonesia this year, paving the way for closer financial cooperation between the two countries, Indonesian Ambassador to China Sudrajat said Thursday (3/1/08), Asia Pulse reported.
State oil and gas company Pertamina on Tuesday raised the price of industrial fuels following depreciation of the local currency against the U.S. dollar early this month.The company raised the price of gasoline for industrial use by 6.7 percent to Rp 7,833 (84 U.S. cents) per liter.
A year has passed since the House of Representatives amended the law on investment in March 2007, promising incentives and equal treatment for domestic and foreign investors.
Andi Haswidi, The Jakarta Post, JakartaThe House of Representatives said Sunday the government may have to postpone its plan to introduce a tax holiday in a series of incentives proposed in the final draft of a presidential decree on industry development.
Rajawali Group said it will spend $200 million for expansion in the plantation sector, especially in oil palm plantations, Asia Pulse reported Tuesday (8/1/08).
The number of tourists visiting Indonesia jumped 14% in the first 11 months of 2007 compared to the same period a year ago, Central Bureau of Statistics data showed Wednesday (2/1/08), Agence France-Presse reported.The 4.
State railway operator PT Kereta Api (PT KA) is forming a new subsidiary to handle operations in Greater Jakarta, a company official said Monday.PT KA head of public relations Adi Suryatmini said the company was restructuring its business to become more efficient.
Aditya Suharmoko and Rendi A. Witular, The Jakarta Post, JakartaWith the fuel prices hike imminent, the government should provide incentives to labor-intensive industries that will be the hardest hit by the policy, says the Indonesian Chamber of Commerce and Industry (Kadin).
Jakarta (ANTARA News) - Cooperatives, Small and Medium Scale Businesses Minister Suryadharma Ali said he was confident small- and medium-scale enterprises (SMEs) will be able to adapt themselves to increased fuel oil prices.
Jakarta (ANTARA News) - Some 200 projects in 75 districts and municipalities will be offered in the Indonesian Regional Investment Forum (IRIF) to be held here on May 26 and 27.
Jakarta (ANTARA News) - Vice President Jusuf Kalla has signaled that the domestic fuel prices would rise by 30 percent.
The Jakarta Post , JakartaDubai-based real estate giant Emaar Properties plans to build a landmark tower in Jakarta, which would be the tallest skyscraper in Southeast Asia, a presidential envoy says.
Tuesday, 06 May, 2008 | 16:06 WIBTEMPO Interactive, Jakarta: The founder of Microsoft, Bill Gates, will come to Indonesia on Thursday this week.He is scheduled to give a speech at the annual Asia Pacific government leaders forum.
What a difference a day can make. Traveling the United States of America this week, one cannot escape the constant headlines drawing attention to the fortunes of Barack Obama. The incendiary remarks of a Rev.
The Jakarta Post , Jakarta Publicly listed PT Holcim Indonesia, the nation's third largest cement producer, plans to build a new plant worth US$400 million with an annual production capacity of 3.5 million tons in Tuban, East Java, by the end of 2009.
Aditya Suharmoko, The Jakarta Post, JakartaThe economy grew at a lesser rate in the first quarter of 2008, compared to in last year's fourth quarter, on a slower growth in investment and consumption amid rising inflation and a global economic slowdown, Bank Indonesia (BI) said Monday.
Semarang, C Java (ANTARA News) - The government needs to consider its plan of importing sugar, because such decision would only benefit sugar speculators in the country.
Jakarta (ANTARA News) - The government would lower the soybean import duty to lower the domestic price of soybean, Trade Minister Mari Elka Pangestu said here, Monday."One concrete move that we can take is to lower the import duty from 10 percent to five or zero percent.
Australia's explorer APAC Coal Ltd is looking to raise $15 million through an initial public offering to fund the development of a thermal coal mine in Indonesia, Australian Associated Press reported.APAC Coal's flagship project is located in East Kalimantan, and contains a resource of 5.
India’s Reliance Power Ltd. plans to invest $650 million to develop an Indonesian coal mine to ensure supplies as prices rise to a record, Bloomberg reported Tuesday.
The government is considering cutting coal royalty to be paid by coal contractors to the government from 13.5% to 7.5% Asia Pulse reported Tuesday.
German motorcycle maker Sachs Fahrzeug-und Motorentechnik Gmbh wants to grab a share in the Indonesia's fast growing but tightly competitive market, Asia Pulse reported.
US Trade Representative Susan Schwab was to discuss ways to boost trade with Southeast Asia and wrap up long-running world trade talks in meetings beginning on Thursday in Bali, according to a statement reported by Reuters.
Aditya Suharmoko, The Jakarta Post, Jakarta The government will prioritize the development of port and railway infrastructure this year to ease the flow of goods and reduce high transportation costs in the country, a minister says.
The Jakarta Post, Jakarta The Indonesian real estate association (REI) is to construct 86 subsidized low-cost apartment towers, with 600 units per tower, and 120,000 low-cost houses this year for low-income households.
Due to the rising price of crude palm oil (CPO), state oil and gas company PT Pertamina says it will cut the content of the commodity in its "BioSolar" product from 2.5 percent to 1 percent.
Owais Parray, Jakarta Is Indonesia back in the fast lane of economic growth? Indicators from the latter half of last year may seem to suggest so, but the global economy is likely to slow as a result of rising oil prices and a near recession in the U.S.
Environmental group Greenpeace has echoed calls by consumer goods giant Unilever to impose a moratorium on deforestation in Indonesia in support for the company's pledge to purchase only certified sustainable palm oil.
Hong Kong (ANTARA News) - The Indonesian Embassy in Beijing projected the number of Chinese tourists coming to Indonesia this year at 300,000, for which promotions are being conducted.
Jakarta (ANTARA News) - Indonesia, like some other countries, believed that the Islamic countries in the world whose population is one-fifth of the world total, are playing a strategic role.
Beijing (ANTARA News) - A number of toy producers from Hong Kong was scheduled to visit Indonesia in June this year to explore investment possibilities in cooperation with local toy makers, a diplomat said."It was planned that a number of Hong Kong toy producers will come to Indonesia in June.
20% Increase in Bali's Foreign Workers Reported by Badung Regency.Bali News: Documented Foreign Workers in Bali on the Rise.(5/3/2008) BisnisBali reports that the number of foreign workers holding "legal" work permits has increased +20.
