Indonesian Political, Business & Finance News

Archive: 27 April 2006

6 articles found

Mazda Announces Plans To Reenter Indonesian Market -Kyodo

Mazda Announces Plans To Reenter Indonesian Market -Kyodo Thursday April 27, 3:23 AM EDT TOKYO, Japan -(Dow Jones)- Mazda Motor Corp. (7261.TO) on Thursday officially announced plans to renter the Indonesian market through the establishment of a wholly owned sales company, PT Mazda Motor Indonesia, Kyodo News reported. PT Mazda Motor Indonesia is scheduled to begin operations in the third quarter of 2006, Mazda said in a press release, according to Kyodo.

Medco buys 50% of gas field

Medco buys 50% of gas field JAKARTA - Publicly traded energy company PT Medco Energi Internasional said its wholly owned subsidiary Medco Far East Limited has acquired a 50 per cent stake in Block A gas field in Aceh. Medco Far East in cooperation with its working partners Japan Petroleum Exploration Co Ltd (Japex) and Premier Oil Natuna Sea BV (Premier) acquired the entire shares of Mobil Block A Limited, which has a 50% interest in the Block A Production Sharing Contract (KPS Block A).

Rp1.2 Trillion Funding for Goods Trains

Rp1.2 Trillion Funding for Goods Trains Wednesday, 26 April, 2006 | 15:30 WIB TEMPO Interactive, Jakarta: Next year the government will allocate Rp1.2 trillion in funding to develop goods trains infrastructure in Java. This infrastructure is extremely necessary in order to reduce the loads on main roads.

Labor pains in Indonesia

From The Jakarta Eye http://www.jakartaeye.org/ Wednesday, April 26, 2006 LABOR PAINS AND HYPNOTISED CHICKENS I was somewhat impressed that my latest filing for the Asia Times attracted comment from Melody Kemp. I remember Melody, at least in print, from as far back as 1993 when she exposed the appalling working conditions in Indonesian industry.

Labor pains in Indonesia

Labor pains in Indonesia By Bill Guerin JAKARTA - Up in arms over a government proposal to amend the national labor law, Indonesia's powerful unions have threatened to stage a nationwide general strike next Monday that could cast another dark cloud over the country's already dimming investment environment. The Federation of the All-Indonesian Workers Union (KSPSI), Indonesia's largest union, has nearly 500,000 members representing 250 unions nationwide.

BKPM reveals drop in actual FDI figures

BKPM reveals drop in actual FDI figures Urip Hudiono, The Jakarta Post, Jakarta Hard work still lies ahead for the government despite its expectations of higher growth this year on more investments, with official figures showing actual overseas investment slowing down and a decline in proposals during this year's first quarter.