Indonesian Political, Business & Finance News

Archive: 12 October 2006

15 articles found

'Agricultural development must intensify': SBY

PRESIDENT DIALOGUED WITH FARMER IN JEMBER: AGRICULTURE DEVELOPMENT HAS TO BE MORE INTENSIVE Food demand is an absolute need, hence it is an important priority in the national development, said President at an interview with farmers and Small and Medium Enterprises (UKM) in Rejo Agung Village,...

'Electrics for a better life': SBY

PRESIDENT IN PLTU PAITON: ELECTRICS FOR A BETTER LIFE Electrics for a better life. With sufficient electrics, progress of a nation will be totally able to be reached better, said President when he evaluated Electrics Generator of Steam Power/ PLTU Paiton, in Probolinggo, on Monday (9/10) noon.

Smuggled textiles dominating Jakarta’s retail market

Smuggled textiles dominating in Jakarta’s retail marketJAKARTA: Smuggled textiles and garments are dominating in Jakarta’s Tanah Abang and Mangga Dua retail market; sources said here on October 10.Illegally imported textiles and garments have been flooding the retail markets either through...

JSX again warns Texmaco Jaya of possible delisting

JSX again warns Texmaco Jaya of possible delistingJakarta (ANTARA News) - The Jakarta Stock Exchange (JSX) has once again threatened to delist the shares of publicly-listed textile company PT Texmaco Jaya (TEJA) if it fails to table a corporate plan to the bourse in one month, a spokesperson said.

Pertamina Asks Lapindo to Finance Relocation of Gas Pi

Pertamina Asks Lapindo to Finance Relocation of Gas PipelinesWednesday, 11 October, 2006 | 14:31 WIBTEMPO Interactive, Jakarta: PT Pertamina (Persero) is asking that Lapindo Brantas Inc cover all costs for relocating pipelines that channel gas to hundreds of industries in Surabaya, Sidoarjo and...

Government Offers Projects Worth US$4.5 Billion

Government Offers Projects Worth US$4.5 BillionWednesday, 11 October, 2006 | 16:00 WIBTEMPO Interactive, Jakarta: The government will offer 10 infrastructure projects at the Indonesia Infrastructure Summit II in November.The total of the project value reach US$4.5 billion or around Rp40.5 trillion.

Foreign Exchange from Sale of Wild Animals Very Low

Foreign Exchange from Sale of Wild Animals Very LowWednesday, 11 October, 2006 | 16:15 WIBTEMPO Interactive, Jakarta: The state's revenue from the sale of wild animal is very low, last year only reaching US$16.7 million.

Australian Company to Build Explosives Factory

Australian Company to Build Explosives Factory in BontangWednesday, 11 October, 2006 | 13:45 WIBTEMPO Interactive, Jakarta: Orica Ltd, an Australian chemical company, will build an ammonium nitrate explosives factory with an investment value of US$200 billion.

Govt says Exxon's Natuna D-Alpha contract has expired

games, non-stop games ...

Govt says Exxon's Natuna D-Alpha contract has expired

Govt says Exxon's Natuna D-Alpha contract has expiredJakarta (ANTARA News) - Exxon Mobil Corp's contract at the Natuna D-Alpha oil and gas block has expired, Energy and Mineral Resources Minister Purnomo Yusgiantoro said.

Consumer confidence up: Danareksa

Consumer confidence up: DanareksaUrip Hudiono, The Jakarta Post, JakartaConsumer confidence dipped in September as the seasonal drought and Ramadhan fasting month nudged up food prices and affected the job market, the latest survey from Danareksa Research Institute (DRI) shows.

Chinese products dominate Indonesia's electronic market

Chinese products dominate Indonesia's electronic marketJakarta (ANTARA News) - Some 45 different brands of electronic products made in China dominate Indonesian market, along with those of Japanese and Korean brands."Many Chinese products are available in Indonesia.

Indonesia optimistic Taiwanese investment to increase

Indonesia optimistic Taiwanese investment to increaseJakarta (ANTARA News) - Indonesia intensified its luring Taiwanese investors to come to Indonesia, because their number has been decreasing since they preferred operating in China.

Foreign Property Ownership Proposed to Be 70 Years

Foreign Property Ownership Proposed to Be 70 YearsWednesday, 11 October, 2006 | 12:33 WIBTEMPO Interactive, Jakarta: The Public Housing Ministry has proposed that foreign parties’ right of use on properties in Indonesia be extended from the current 25 years to 70 years.

BPK Still Cannot Audit Data of Taxpayers

BPK Still Cannot Audit Data of TaxpayersWednesday, 11 October, 2006 | 11:40 WIBTEMPO Interactive, Jakarta: The Directorate General of Taxes has refused the request of the Supreme Audit Agency (BPK) to provide access to data of taxpayers.