Indonesian Political, Business & Finance News

Archive: 1 April 2006

10 articles found

US complains about handicaps in trade with Indonesia

Apr 01 18:18 US complains about handicaps in trade with Indonesia New York (ANTARA News) - The United States government has complained about a number of problems and handicaps in its foreign trade with Indonesia, a US Trade Representative (USTR) office said.

Govt told to live up to trade rules

join the queue of complainants ... customs, like many other government depts, operates under its own rules, almost independent of any outside control including the minister. the rentier mentality seems to be deeply embedded within the indonesian psyche.

Govt told to live up to trade rules

Wish that they would do something on Import Duties for Oil Field equipment. Some of it is specified as duty free, but to get it out of customs we invariably need to pay duty. If we dont pay, its sits for a long time and we incurr liquidated damages from - guess what - government companies.

Govt told to live up to trade rules

Govt told to live up to trade rules The Jakarta Post, Jakarta Although the government is pledging simpler, shorter and more clear-cut procedures for prospective foreign traders, businesspeople warn they could end up as empty promises without diligent implementation. "The revised regulations look good, but only on the condition they are properly implemented," Indonesian Retail Merchants Association head Handaka Santosa said Friday of revisions to eight regulations introduced Wednesday.

Indonesian exporters wrong-footed as quarantine stymies footwear exports

Indonesian exporters wrong-footed as quarantine stymies footwear exports The Jakarta Post, Jakarta Indonesia's slow bureaucratic processes once again appear to be preventing an industry from achieving its full potential in the global market.

Baked goods gaining popularity in Indonesia

we always bring weet bix for my father in law.He call it " arfemud" dont know the meaning, could be a hakka word. Actually he can buy at supermarket in plaza indo, but he is one of those who believe they have repackaged inferior product just for him lol.

Baked goods gaining popularity in Indonesia

Baked goods gaining popularity in Indonesia By Dominique Patton 30/03/2006 - Sales of crackers, c0okies and breakfast cereals are rising fast in Indonesia thanks to higher incomes and the large and growing population. An influx of Western manufacturers in recent years with big investments into top brands has also helped drive double-digit growth.

Indonesia, Malaysia to team up in crude palm oil venture

Indonesia, Malaysia to team up in crude palm oil venture Rendi Akhmad Witular, The Jakarta Post, Kuala Lumpur Indonesia and Malaysia have agreed to form a strategic alliance to produce, market and export crude palm oil (CPO), with business players assuming the collaborative effort as an attempt to form a cartel and thereby control the price of the commodity on the international market.

Malaysian business wants certainty in RI investments

Malaysian business wants certainty in RI investments Rendi Akhmad Witular, The Jakarta Post, Kuala Lumpur While interest is high in investing in Indonesian turnpike and plantation projects, Malaysian businesspeople are held back by concerns about uncertainty surrounding their enterprises.

Indonesia reappears on investors' radar screen

Indonesia reappears on investors' radar screen Bali played host to the Second Indonesian Investment Forum last week, which brought together 700 foreign and local investors, and executives from international finance agencies to look at investment opportunities in Indonesia. To learn how foreign investors view the country, The Jakarta Post's Rita A. Widiadana spoke with Sheldon Trainor, head of Asia Investment Banking for Merrill Lynch. The following are excerpts of the interview.