Indonesian Political, Business & Finance News

Archive: 26 July 2006

3 articles found

Japanese Investors Complain About Manpower Law

Japanese Investors Complain About Manpower Law Wednesday, 26 July, 2006 | 18:20 WIB TEMPO Interactive, Jakarta: Japanese investors consider that manpower policies in Indonesia are not fair. It is expected that this will to lower the potential of Japanese investment in Indonesia in the future. The unfair policies, according to Yoshihiro Kobi, Head of the Jakarta Japan Club, include Article 158 of the State Decree No.13/2003 on Manpower.

15 Investors Interested in Biofuel Project

15 Investors Interested in Biofuel Project Wednesday, 26 July, 2006 | 16:02 WIB TEMPO Interactive, Jakarta: As many as 15 investors have stated their interest in investing in the biofuel project that will require funding of Rp200 trillion. Al Hilal Hamdi, Head of the National Team for Developing Vegetable-Based Fuels, has explained that one of the investors is Itochu, a Japanese company, which has prepared to process ethanol from sugarcane in Lampung with a total investment of US$25 million.

Foreign investors want fairer manpower regulations

Foreign investors want fairer manpower regulations Jakarta (ANTARA News) - Foreign investors have demanded that the Indonesian government issue fairer manpower regulations in which a distinction is made between deserving and undeserving workers in the matter of severance pay, a spokesman said.