Indonesian Political, Business & Finance News

Archive: 5 December 2007

10 articles found

HSBC to Fund Indosat Satellite

HSBC to Fund Indosat SatelliteSecond-largest mobile phone company PT Indosat has signed a $228.5 million financing agreement with HSBC to acquire a new satellite, Reuters reported.The Palapa-D satellite will replace Palapa-C2 which will come to the end of its service in the first quarter of 2011.

Astra to Expand Oil Palm Plantations

PT Astra Agro Lestari will increase the size of its oil palm plantations by 13% to meet demand from India and China and provide for the use of palm oil as an alternate fuel, the International Herald Tribune reported on Monday (26/11/07).

President calls for efforts to achieve food self-sufficiency

Bandar Lampung (ANTARA News) - President Susilo Bambang Yudhoyono called on the people and those in the government to make every possible effort to enable the country to achieve food self-sufficiency."Holding protests (against food imports) and blaming each other are not enough if we all agree we...

Indonesia`s ecotourism needs serious management, expert says

Tokyo (ANTARA News) - Indonesia`s ecotoursim needs to be managed in a serious way so that it will attract foreign tourists as this archipelagic country has great potentials in the sector, a Japanese ecotourism expert said.

Monsanto to invest US$5 million in Indonesian seed industry

December 4, 2007Source: Asia Pulse Pty Ltd via CheckbiotechMultinational company PT Monsanto has expressed readiness to invest around US$5 million in the development of a seed industry in Indonesia, said an Agriculture Ministry official.

Coal clouds over climate change talks

SINGAPORE - As industrialists, environmentalists and government officials open discussions in Bali, Indonesia, about the importance of combating global climate change, there is still clearly a long way to go before the rhetoric translates into substantial change in carbon-intensive energy...

The love-hate relationship in the mining sector

An investor-focused environment is needed before Indonesia can make the most out of its natural resources.A few weeks ago, I attended a panel discussion about the development of mining in emerging economies. The keynote speaker was a director of a major Brazilian mining company.

Government to limit coal exports until 2025: Official

The government's policy of limiting coal exports to about 150 million tons a year will last until 2025 in order to meet the surging demand from domestic buyers, a senior official at the Energy and Mineral Resources Ministry says.

Buried wealth is the key to Indonesia's prosperity

The world is undergoing an unprecedented mining boom powered, by the explosive growth of the Chinese and Indian economies. In 2005 the highly regarded Fraser Institute Annual Mining Survey ranked Indonesia as, overall, the most prospective country in world.

Close Up on Building Rules in Bali

The Bali Land Grab: A Practical Guide to "Set Back" Rules for Building Along Beach or River Fronts.(12/1/2007) As an assistance to property buyers in Bali, here's a few highlight from Bali's Zoning Regulations of 2005 (Peraturan Daerah Provinsi Bali Nomor 3 Tahun 2005);Set Back Rules from Ocean...