Indonesian Political, Business & Finance News

Archive: 8 May 2007

7 articles found

Cepu oil production delayed for ten months

Hello I have just posted a message. May be you know the answer. I need the name of the human resources manager of PT Exxonmobil (Lubricant unit) in Jakarta. If not, phone number Ta

Indonesian shipbuilders receive orders worth US$220 mln

Jakarta (ANTARA News/Asia Pulse) - Shipping companies from the Netherlands, Britain and Germany will place orders for cargo ships and tankers worth US$220 million from Indonesian shipbuilding companies. PT Destini Marine and three state shipyards PT Dok & Perkapalan Kodja Bahari, PT Dok and Perkapalan Surabaya and PT Industri Perkapalan Indonesia, are scheduled to sign contracts with the foreign shipping companies in July, a company official said.

Modern VCO factory to be built in North Sulawesi

Manado, N Sulawesi (ANTARA News) - North Sulawesi will have a modern virgin coconut oil (VCO) factory which will be build at an investment value of Rp1.3 billion from provincial budget, an official has said. "Bid for a contract to build the factory will finish this year and the factory will be operated next year," North Sulawesi Plantation Office head Rene Hosang said here Tuesday.

RI`s economy will not change much, says observer

RI`s economy will not change much, says observer Jakarta (ANTARA News) - The Indonesian economy will not change much following the cabinet reshuffle announced on Monday as the government`s economic team has remained the same, economic observer Ichsanuddin Noorsy said here Monday.

Indonesia assures foreign investors

Kyoto (ANTARA News) - Indonesia assured foreign investors here on Monday that it had already made various reform efforts in the economic and financial fields, including in debt management which was now done transparently and with accountability.

Private Sector Compete in Guaranteeing Infrastructure Projects

TEMPO Interactive, Jakarta: Private sector and international financial institutions have stated their interest in guaranteeing infrastructure projects such as the monorail, toll roads, harbors, airports and electricity generating plants. “Many are interested,” said Mulia Nasution, Secretary General of the Finance Department, on Friday (4/5), at the Finance Department building, Jakarta.

Policies 'unfriendly to foreign investors'

agreed captain ... I dont understand people who can complain about the work ethic of somebody they are paying low wages to. I have some really good people in my company who work well. However the problem is that the government has over protected the workers of Indonesia. Companies are flocking to India, China and Vietnam because the manpower laws are fair to both employer and employee.