Archive: 14 August 2007
13 articles found
Tue, 14 Aug 2007
Indonesia's Supermarket Boom Offers New Opportunity for Traditional Markets
Taken at Senayan only 15 minutes ago.
Tue, 14 Aug 2007
Indonesia's Supermarket Boom Offers New Opportunity for Traditional Markets
These findings are part of a report Horticultural Producers and Supermarket Development in Indonesia released by the World Bank in Jakarta today.Report HighlightsAmong the main findings of the report is the comparative disadvantage of traditional wholesale markets in competing with suppliers of...
Tue, 14 Aug 2007
Telkom Set to Expand Broadband
State telecommunications company PT Telkom will invest more in high-speed Internet services to counter market share gains by new entrants in the cellular industry, including Hong Kong billionaire Li Ka-shing.
Tue, 14 Aug 2007
Consumer Confidence Moves Upward
The consumer confidence index increased slightly to 96.3 points in July from 95.8 in June, largely due to a drop in the number of respondents pessimistic about job creation prospects in the next six months, a Bank Indonesia (BI) survey showed.
Tue, 14 Aug 2007
Another year of economic growth, but whom has it benefited?
In a few days from now, Indonesia will be celebrating another year of independence. There are reasons for every citizen to feel good. Around four out of five people believe that "democracy is working" and three out of four are confident of the country's economic future.
Tue, 14 Aug 2007
Consultancy to help RI firms in export standards
The establishment of a new private consultancy means Indonesian exporters will now have more help navigating the myriad export standards imposed by foreign countries, especially Australia.Australia's Senior Trade Commissioner to Indonesia, Rod Morehouse, said in press release sent to The Jakarta...
Tue, 14 Aug 2007
Poor bureaucracy, low compliance holding back tax collection efforts
If there are hotter seats in the government than the tax service, there can't be many of them.While expectations have been high, the tax office's efforts to collect tax revenue have been constantly hampered by a combination of poor bureaucracy, low compliance and rising demands for tax incentives,...
Tue, 14 Aug 2007
Indonesia has improved its investment climate : Japan
Tokyo (ANTARA News) - The Japanese government acknowledges that Indonesia has made progress in improving its investment climate so that Japanese Prime Minister Shinzo Abe will bring 150 top Japanese business executives in his visit to Jakarta next week, a Japanese official said here on Tuesday.
Tue, 14 Aug 2007
Rupiah plunges in early trade on dollar buying by local traders
They have a nice little real-time chart here:http://www.forexdirectory.net/idr.html
Tue, 14 Aug 2007
Rupiah plunges in early trade on dollar buying by local traders
Wouldn't be surprised if all the BI execs and their family members -- who knew the exact time of the injection -- Immediately used Rupiah from their personal accounts to buy dollars when it spiked at 9200.
Tue, 14 Aug 2007
Rupiah plunges in early trade on dollar buying by local traders
Check this 5-day chart from yahoo finance. It's quite clear there on Monday mid-morning that the BI injected a couple billion dollars of its reserves to buy Rupiah, but the price just popped right back to the pre-injection level later in the day.
Tue, 14 Aug 2007
Rupiah plunges in early trade on dollar buying by local traders
I have now moved nearly every Rp. I own in to a USD account. While the USD doesn't seem to be in great shape at the moment I have not been sleeping well at night with thoughts of the IDR becoming worthless again! This thread is to blame for this panic move ..
Tue, 14 Aug 2007
Rupiah plunges in early trade on dollar buying by local traders
If it breaks 11,000 there will be a lot of serious money moved - shame about the interest rates though , at the moment I am making two grand a month interest in the UK and I have to weigh up any gain against the loss of interest.Nice to know that Okusi is worth robbing........