Indonesian Political, Business & Finance News

Archive: 25 November 2006

11 articles found

ADB to assist Indonesia with US$428 mln for infrastructure

Manila (ANTARA News/Asia Pulse) - The Asian Development Bank will assist Indonesia in implementing vital reforms to develop its infrastructure and boost economic growth.The Manila-based multilateral lender is to help the country improve its policies, laws and institutions to lure large scale...

Brokers worried about current unfair competition

Jakarta (ANTARA News) - Property brokers expressed concern over the unfair competition here on Friday and called on the government to immediately improve the situation."We wish the government would immediately issue a certification regulation which applies to property brokers in the country,"...

BI Optimistic on Rupiah's Improvement

TEMPO Interactive, Jakarta: Bank Indonesia (BI) is optimistic that the rupiah exchange rate will improve and be stable next year at the level of between 9,000 and 9,200 per US dollar. “The rupiah will be stable at this range.

Import Duty of Malaysian Cars Decrease

TEMPO Interactive, Jakarta: The government has decreased import duty of Malaysian automotive products. The duty of a completely built up (CBU) car is decreased from 20 percent to five percent. However, the government did not decrease completely knock-down (KCD) car. It remains 0 percent.

Blackout to Last a Long Time

TEMPO Interactive, Jakarta: The blackout in the Java and Bali electrical systems which has been happening in shifts possibly will continue due to the explosion of a gas pipe belonging to PT Pertamina under the mud dike on the southern side of Porong-Gempol, Sidoarjo, East Java toll road.

ADB moves to help RI's reform program

The Asian Development Bank (ADB) will provide US$428 million in loans to support Indonesia in its efforts to implement the critical reforms needed to develop its infrastructure and spur economic growth.

Indonesia earns $110 mln from tea exports

Denpasar, Bali (ANTARA News) - Indonesia`s tea exports earn US$110 million in foreign exchange annually and contribute Rp1.2 trillion to the gross domestic product (GDP)."Indonesia is the world's fifth biggest exporting country of tea.

BRR Preparing foreign investment in Aceh

they're dreaming. nobody is going to seriously invest in Aceh until the problems there are well and truly sorted out, in particular large capital projects.

BRR Preparing foreign investment in Aceh

Are they going to eliminate the practise of Sharia law first? I mean Aceh is hardly Oil Rich Saudi where it is possible to put up with Sharia Law due to the high returns....

End-of-Year Inflation May Be Under 6 Percent

TEMPO Interactive, Jakarta: Bank Indonesia (BI) has estimated that the inflation rate by the end of the year will be under six percent, which is better than the target of seven plus minus one percent.“It can be under six percent if inflation in November and December of this year follows the...

BRR Preparing foreign investment in Aceh

Banda Aceh, NAD (ANTARA News) - The Aceh-Nias Rehabilitation and Reconstruction Agency (BRR) has started preparing an Investor Outreach Office (IOO) in a bid to facilitate foreign investors to come to Aceh, a spokesman said.