Indonesian Political, Business & Finance News

Archive: 2 March 2007

10 articles found

Arrivals of foreign tourists in Indonesia down 18.74 pct

Jakarta (ANTARA News) - The arrivals of foreign tourists in Indonesia in January 2007 fell 18.74 percent compared with those in the previous month of December, a statistics official said here on Thursday.

France biggest buyer of Bali handicraft products

Denpasar, Bali (ANTARA News) - France was the biggest buyer for Bali`s handicraft and other non-oil products with a total value of US$40.5 million in 2006, a report said on Wednesday."France has replaced Italy which was previously the biggest buyer of the product," the report from the local...

BI believes rupiah depreciation be temporary

Jakarta (ANTARA News) - Bank Indonesia believes current depreciation of the country`s currency, the rupiah, will be only temporary."As it is only temporary do not say that it will drag on," the the spokesman of the central bank, Budi Mulia, said here on Wednesday.

Indonesian exporters 'need to adapt to Australian standards'

Indonesian exporters to Australia may face difficulties in meeting that country's import requirements unless they keep abreast of the latest information.The growing variety of products exported to Australia means that the Australian authorities have to keep updating their import regulations, says...

Oil and gas sector: A better regulatory framework needed

Indonesia's crude oil production fell to 1.01 million barrels per day in 2006 from 1.06 million barrels in the previous year, much less than the government's budget target of 1.05 million barrels per day.

Auto industry sees doubling of SUV sales this year

Despite a slow start to the year, the automotive industry remains optimistic that sales will exceed its 20 percent growth target over the year, betting in part on a doubling of the sport utility vehicle (SUV) market.

Govt`s commitment to combatting corruption remains unchanged

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono affirmed that the government`s commitment to combatting corruption and all its respects, at central government level down to regional administration level would continue.

Indonesia Still Rated High for Corruption

Great, that means that we are still good at something!

Indonesia Still Rated High for Corruption

TEMPO Interactive, Jakarta: Indonesia is still ranked as one of the most corrupt countries in the world.Despite a slight improvement in the Corruption Perception Index, based on 2006 data from Transparency International, Indonesia was still ranked 135th out of 136 countries.

BKPM to be separated from trade ministry

JAKARTA (Antara): The government and the House ofRepresentatives' working committee (Panja) on drafting capital investment law have agreed to separate the Capital Investment Coordinating Board (BKPM) from the Trade Ministry and to make itfully responsible to the president.