Indonesian Political, Business & Finance News

Archive: 17 January 2008

7 articles found

Soybean debacle highlights government mismanagement

At the start of his presidential term four years ago, Susilo Bambang Yudhoyono promised to put the agriculture sector at the top of his agenda with the aim of reaching self-sufficiency in producing strategic commodities.

SBY hasn't set deadline for issuing the severance law

A favorite topic of mine this one! Unless Indonesia makes some very drastic changes very quickly to the manpower laws they will see a mass reduction in Manufacturing as the MNC head to India, China and Vietman.While it may seem Indonesia has cheap labor ..

Indonesias Top Priorities of Increasing Oil Production and Market Liberalization

Indonesia's top lawmakers are now starting to face the reality of the nation's Production Sharing Contracts system, which have been unable to stop the steady decline in Indonesia's crude production.Putting the archipelago's oil production on the road to recovery remains the key issue among...

Govt may increase number of soybean importers

Jakarta (ANTARA News) - Coordinating Minister for Economic Affairs Boediono said the government may increase the number of soybean importers as part of its short-term measure to curb the upward trend in the price of the commodity.

Govt urges importers to release soybean stocks

Jakarta (ANTARA News) - The government called on importers on Wednesday to release their soybean stocks to the market in order to help stabilize the commodity`s price.Director General for Processing and Marketing of Agricultural Products Djoko Said Damardjati said his office had held talks with the...

Container terminal set for massive expansion

JAKARTA (JP): The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57 percent to 55,000 twenty-foot equivalent units (TEUs), president director Bambang Bhakti said Wednesday.

SBY hasn't set deadline for issuing the severance law

JAKARTA (JP): President Susilo Bambang Yudhoyono refused Wednesday to set a deadline for the issuance of the controversial government regulation on dismissal benefits."I haven't set a date ... but it will be issued soon," he told a press conference after chairing a cabinet meeting at the Ministry...