Indonesian Political, Business & Finance News

Archive: 17 March 2007

6 articles found

Kadin asks govt to pay more attention to long-established investors

Jakarta (ANTARA News) - The government should not only favor new invstors but also pay attention to old investors with good track records in Indonensia so that they will continue to expand their operations in the country, a senior Indonesian Chamber of Commerce and Industry (Kadin) executive said.

Bank Mandiri to allocate Rp 11 trillion for plantation credit

JAKARTA (Antara): PT Bank Mandiri is preparing a credit scheme worth Rp 11 trillion (US$1.2 billion) to help finance investment in the plantation sector in the 2007-2010 period, a Bank Mandiri director said on Friday.

SMEs to get easier access to new loans

Bank Indonesia will relax its lending requirements so as to encourage the extending of more loans to the real sector, particularly to small and medium enterprises (SMEs), says Bank Indonesia Governor Burhanuddin Abdullah.

MoU with Microsoft Goes On

TEMPO Interactive, Jakarta: The Information and Communication Minister, Sofyan Djalil, said that the delay of the government’s computer census will not disturb the Memorandum of Understanding (MoU) with PT Microsoft Indonesia.

British Entrepreneurs Ask Removal of Investment Obstructions

TEMPO Interactive, Jakarta: British entrepreneurs said they hoped that the government would solve matters on legal and capital investment obstruction in the Draft Bill on Capital Investment, now being prepared by the House of Representatives (DPR).

Four Facilities of Income Tax for New Investor

TEMPO Interactive, Jakarta: The government keeps pushing investment. Yesterday (03/15), the Finance Minister Sri Mulyani Indrawati has announced the granting of four facilities of Income Tax for new investors of a certain business and/or region.