Indonesian Political, Business & Finance News

Archive: 26 December 2007

4 articles found

Electronics sales higher in November

With a surge in sales during November and likely this month, electronics traders are hopeful a 15 percent sales target for television, DVD players and other audio devices can be achieved.Electronics Marketer Club (EMC) spokesman Handojo Soetanto also said the sales of televisions had increased...

Passage of mining bill likely to be delayed

The mining bill cannot be endorsed as scheduled as the government and legislators are still at loggerheads over the transitional arrangements, a source close to the negotiations says.The transition period is a period granted to the holders of existing contracts of work (CoW) in order to allow them...

Internet charges may drop by half in 4 years

The telecommunications regulatory body is preparing a number of policies in order to gradually lower Internet charges, currently among the highest in the world, by 50 percent within four years."Compared to other countries, our Internet connection charges are too high.

Kadin urges focus on labor-intensive industries

The government needs to place more focus on the development of labor-intensive manufacturing industries, and the agricultural and mining sectors in order to maintain sustainable growth and reduce the country's high unemployment, the Indonesian Chamber of Commerce and Industry says.