Archive: 30 October 2007
12 articles found
Tue, 30 Oct 2007
New mining bill fails to tempt: Industry group
The Indonesian Mining Association (IMA) wants incentives for mining firms that under a new mining bill will be required to set up integrated, downstream-to-upstream business operations.Under the mining bill, whose deliberation at the House of Representatives is nearing completion, new mining...
Tue, 30 Oct 2007
WiFi and phone lines for the masses
Modern telecommunications thanks to fiber-optic networks would see some 40,000 villages nationally enjoy telephone and Internet connections, but only if the government's tender is answered.Information and communication minister Muhammad Nuh said Monday the government would open for tender the...
Tue, 30 Oct 2007
Future for Creative Industries: Minister
Indonesia wants to more than double the creative industries’ contribution to the national economy in the next few years through aggressive development of the country’s rich, but largely untapped, artistic traditions and cultural heritage.
Tue, 30 Oct 2007
Govt. to Scrap Electronics Luxury Sales Tax
The government has decided to abolish the luxury sales tax on 11 electronic products next month, an official said.The decision came after a tariff team of the Finance Department and the Industry Department reached an agreement on tariff synchronization, Transport Equipment Industry Director General...
Tue, 30 Oct 2007
AGU to Build More Palm Oil Factories
PT Antang Ganda Utama (AGU) PIR Butong plans to build more processing factories to produce crude palm oil and palm kernel oil in its plantation area in North Barito regency, Central Kalimantan province, Antara reported on Monday (22/10/07).
Tue, 30 Oct 2007
‘New Era’ for Exports - Minister
The country is set to enter the "next stage" of its export recovery, 10 years after the 1997 Asian financial crisis, Trade Minister Mari Pangestu said.In an interview with Agence France-Presse last week as a major trade fair was launched aiming to lure cashed-up buyers from abroad, Pangestu said...
Tue, 30 Oct 2007
Commodity Exports to be Boosted - Report
Indonesia will boost exports of plantation and mining commodities to ensure stable economic growth should soaring crude oil prices prompt a global economic slowdown, according to a report in Bisnis Indonesia Thursday (25/10/07).
Tue, 30 Oct 2007
Krakatau Steel seeking strategic alliance
Jakarta (ANTARA News) - State-owned steel company PT Krakatau Steel is considering a strategic alliance with a number of world steel companies to improve its performance particularly in supplying iron ore.
Tue, 30 Oct 2007
ADB to provide loan for building highway from Penang to Medan
Medan (ANTARA News) - The Asian Development Bank (ADB) is planning to provide a loan for the construction of infrastructure including a highway from Penang in Malaysia and Songkla in Thailand to Medan in Indonesia to improve the growth triangle cooperation.
Tue, 30 Oct 2007
KADIN calls for speedy improvement of sea-port facilities
Nanning, China (ANTARA News) - The Indonesian Chamber of Commerce and Industry (KADIN) has urged the government to soon improve facilities at Indonesian seaports as they were no longer adequate, thus often causing delays in the delivery of Indonesian exports.
Tue, 30 Oct 2007
Minister invites Chinese bizmen to invest in Indonesia
Nanning, China (ANTARA News) - Transportation Minister Jusman Syafii Djamal here on Monday invited Chinese businessmen to invest in Indonesia."I invite you (Chinese businessmen) to invest in Indonesia. There are still many investment opportunities and natural resources that can be developed in...
Tue, 30 Oct 2007
RI exports to Europe increasing by 10-12 pct
Jakarta (ANTARA News) - Indonesia`s exports to Europe had been predicted to remain increasing by 10-12 percent, despite the strengthening of the europ exchange rate against the US dollar."Yes, it has really enhanced the competitiveness of Indonesia`s exports to the European market," Minister of...