Indonesian Political, Business & Finance News

Archive: 10 February 2007

7 articles found

Sumitomo clinches geothermal order in Indonesia

Tokyo (ANTARA News/Asia Pulse) - Sumitomo Corp. (TSE:8053) has received a 14 billion yen (US$116.2 million) order for geothermal power equipment made by Fuji Electric Systems Co. for a private operator in Indonesia.

Floods discourage investors, says economic analyst

Jakarta (ANTARA News) - Economic observer of the Econit Institute, Hendri Saparini, said the floods that had hit Jakarta over the past seven days have reduced investors` interest in operating in Indonesia.

Indonesia, Switzerland agree to avoid double taxation

Jakarta (ANTARA News)- Indonesia and Switzerland agreed here to avoid double taxation by signing an amendement of the document on protocol for avoiding double taxation."This agreement is an important step to increase economic relations between the two countries especially to create a more conducive...

Govt to revitalize two million hectares of land for plantations

Samarinda (ANTARA News) - The government has set a target in plantation by means of revitalizing two million hectares of land in 20 provinces of Indonesia for this sector as a way to increase production of such commodities as oil palm fruit, rubber and cocoa.

WB blacklists 40 Indonesian firms

Still , there was something good to come out of - they fucked over some Russian and Chinese.

WB blacklists 40 Indonesian firms

There should be an expense on the Balance Sheet (Neraca Laba?) called Bribery Expense (cost of doing business). Only fair.

Bakrie Telkom to invest Rp 2t on expansion

PT Bakrie Telecom Tbk (BTEL), a business unit of Bakrie Brothers, will allocate Rp 2 trillion (about US$222 million) in capital expenditure to finance the company's expansion this year."The money will be raised from financial institutions and internal sources," the company's president director,...