Indonesian Political, Business & Finance News

Archive: 16 February 2006

3 articles found

Dutch port operator backs RI hub port development

Dutch port operator backs RI hub port development The Jakarta Post, Jakarta For a country with great export potential such as Indonesia, putting in place a hub port -- which enables direct shipping of goods -- is crucial to support its economic development, say experts from the Port of Rotterdam in the Netherlands.

It's a hard knocks life for business in RI

It's a hard knocks life for business in RI For industrialists in Indonesia today, it's like being the loser in a boxing match. First, the swift hard jab of the government's decision that industry must pay market prices for oil-based fuels -- more than double the previous subsidized prices -- starting July last year. Then, PLN gets in a good right hand in September 2005 by raising prices and imposing penalties on power used by industrial consumers during peak hours -- between 5 p.m. and 10 p.m.

Govt vows to improve investment climate

Govt vows to improve investment climate The Jakarta Post Jakarta The government is planning a new policy package that aims to improve the domestic investment climate, according to Coordinating Minister for the Economy Boediono. He said that higher investment was crucial to help boost economic growth and create employment. "There will be a new policy package to improve the investment climate," he was quoted by Antara on Thursday. He did not elaborate.