Indonesian Political, Business & Finance News

Archive: 3 June 2007

7 articles found

Nusa Dua Reporting Record Occupancies

Improved Business at BTDC Attributed to Increase in Meetings and Conferences in Bali.Bali News: Nusa Dua Reporting Record Occupancies(6/2/2007) The Indonesian-language BisnisBali reports that meeting and conference bookings to Bali are the cause of record occupancy levels in the hotels found within...

Plastics industry seeks government support against imported products

More than a decade after its heyday, the plastics industry is struggling to survive as it deals with a decline in raw materials and a lack of government support, the Indonesian Olefin and Plastic Industry Association (Inaplas) said Wednesday.

New Economic Policy Package Being Prepared

TEMPO Interactive, Jakarta: The government will cut the time it takes to issue a business license to 30 days from the previous 197 days.This decision is one of the policies included in a new economic package that will be launched in a few days’ time.

On holydays

I love holidays. But I never like the way the Government (here and elsewhere) assigns national holidays. The Coordinating Minister of Social Welfare just announced the national holidays and joint leave ('cuti bersama') days schedule for 2008. The total number of days is 23.

Shortage of skilled workers hits oil and gas companies

Local oil and gas companies have begun to suffer from a shortage of skilled workers because many local professionals prefer to work overseas, an oil drilling executive says."The shortage of professionals in the oil and gas industry is getting worse, as most of the existing companies need more...

RNI develops jatropha estates to meet fuel needs

PT Rajawali Nusantara Indonesia (RNI) is developing jatropha plantations to meet its fuel needs of about 16 million liters a year, the company's senior director says.RNI is a holding company of state enterprises engaged in plantations and the pharmaceutical industry.Noegroho D.

Podomoro plans apartment tower aimed at South Jakarta women

With high-rise residences popping up all over Jakarta, Agung Podomoro Group, one of the country's major property developers, will soon start the construction of its 17th apartment building in Tebet, South Jakarta.The Lavande, as it is called, will be the first apartment building on Jl. Supomo.