Indonesian Political, Business & Finance News

Archive: 17 January 2007

10 articles found

Sofyan: Open Source Hampers Government's Activity

TEMPO Interactive, Jakarta: Information and Communication Minister Sofyan Djalil said that the use of open source as software on state-owned computers is yet to be implemented today. The reason is that it may halt government's activities.Sofyan explained that there were three reasons.

Market Disappointed at State Gas Company

TEMPO Interactive, Jakarta: Players and analysts of the capital market acknowledged being dissatisfied over the explanation of PT Perusahaan Gas Negara Ybk (State Gas Company). The management was viewed as not transparent enough when giving a statement on the company's share price decrease by 23.

Disorganized Data: Officials Appointment Hindered

TEMPO Interactive, Jakarta: The appointment of hundreds of civil servant is still hampered by disorganized data between the central and regional governments. According to the State Employment Agency (BKN) Head, Prapto Hadi, there are currently 367,000 civil servant documents which have problems and...

President asks oil companies to improve corporate governance

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked state-owned oil and gas companies to improve their coporate governance, carry out transparency and follow the capital market rules in order to win the market confidence.

Women growing segment of motorcycle market

More bad news for the macho male Indonesian. Of the 35 million motorcycle riders around the country, almost one in four are women. And that figure will continue to grow in the coming years.As recently as two years ago, motorcycle manufacturers refused to recognize women as potential customers,...

PGN suspended from trading - JSX

Jakarta (ANTARA News) - The Jakarta Stock Exchange (JSX) has suspended PT Perusahaan Gas Negara (PGN) from trading to allow investors to get more information about the delayed operation of the firm's gas pipeline, JSX president Erry Firmansyah said.

Arrival of imported sugar may be late

Surabaya, East Java (ANTARA News) - The arrival of imported sugar scheduled in the middle of this month was expected to be slightly late due to the drastically-changing weather in the past two weeks, Associate Corporate Secretary of state plantation company PT Perkebunan Nusantara XI, Adig Suwandi,...

Exports of built-up cars increase by 70%

Jakarta (ANTARA News) - Indonesia`s exports of completely built-up (CBU) cars in 2006 increased by 70 percent to 30 thousand units from 17 thousand units in 2005, Director General for Telematics and Transportation Equipment Industries, Budi Darmadi, said here on Monday.

BI Calls on Banks to Take Risks

TEMPO Interactive, Jakarta: Bank Indonesia (BI) has called on banks to dare to take risks in disbursing loans to non-consumer sectors.So far, banks have tended to disburse loans to consumer sectors because they are considered as having minimum risks.

Electricity Project Hoping for Funds from UN

TEMPO Interactive, Denpasar: A garbage-powered electricity generating plant project that is being built in Denpasar is hoping for funds from Clean Development Management of the United Nations.“The project helps reducing poisonous gas emitions which is in line with the mission of the...