Indonesian Political, Business & Finance News

Archive: 21 January 2008

9 articles found

Visa-Free Facility Proposed for 10 Countries

oh it looks so good on paper .... Lets hope the red tape men don't stand in the way. Tourism is the best way this country can ensure at least some re-distribution of wealth. Open things up, encourage the "eco-tourists" and backpackers and get them buying loads of tat in remote parts of Indonesia.

Jakarta Airport Service Charge to Increase?

"100 years of the nation's awakening" - ahhh! Yawn ! nyum nyum!Rp.150,000 please. Thankyou very much Mr. - Now what's for fuckin' breakfast?

Bali's Bitter Cup to Drink

Over Development Threatening Bali's Subterranean Fresh Water Supply.(1/19/2008) Badung Regency and Denpasar officials have issued a warning that uncontrolled use of wells are resulting in the intrusion of salt water into the Island's precious water table.

Visa-Free Facility Proposed for 10 Countries

Ministry of Culture and Tourism Seeks Inter-Departmental Support in Order to Achieve 7 Million Foreign Visitors in 2008.(1/19/2008) Travel Trade Gazette's (TTG) Mimi Hudoyo reports that the Indonesian Department of Culture and Tourism is seeking agreement to change current visa regulations to...

Jakarta Airport Service Charge to Increase?

If Approved, Jakarta International Passengers will Pay Rp. 150,000 and Domestic Passengers Rp. 45.000 in Departure Tax.(1/19/2008) Angkasa Pura I - the government-owned operating authorities for all Indonesian airports is seeking government approval to increase passenger service charges by 50% for...

RI coal producers want market-based pricing system

Ika Krismantari, The Jakarta Post, JakartaTo prevent illegal coal trading due to the introduction of the proposed domestic market obligation (DMO) policy, producers have urged the government to introduce a market-based pricing system.

RI must move beyond "hands off" approach

Hendri Saparini and Binny Buchori, JakartaSo the year 2007 is over, which much praise rained on the President's economic team for their achievements in improving Indonesia's fiscal status. But just how true their claims?The rise in unemployment and the increasing incidence of illness due to...

Rupiah weaker vs dollar on fund outflow, central bank intervenes

Jakarta (ANTARA News) - The Indonesian rupiah was weaker against the US dollar in midmorning trade Friday on increased fund outflows following recent selloffs in the stock market.At 10:05 am, the rupiah was trading at 9,475/9,480 to the dollar, down 0.4 percent from late Thursday.

New Regulations Promised for Foreign Land Ownership

Government Officials and Head of Bali's Notary Association Warns that Foreign Land Ownership is a Threat to National Security. (1/19/2008) The Indonesia Government is calling on notaries to exercise more caution in the issuance of property deeds of transfer in order to safeguard the nation against...