Indonesian Political, Business & Finance News

Archive: 22 January 2008

15 articles found

Bajaj expanding business

 Originally Posted By: KuKuKaChuBajaj expanding business"In few years to come, we'll be focusing on brand building, service network and distribution to tap Indonesia's sport motorcycle market," he said. They should make a sports Bajaj with Carlos Fandango Superwide wheels

Indonesia, India studying possible free-trade deal

The Indonesian and Indian governments are exploring the possibility of establishing free trade cooperation with the fixed target of increasing the value of their bilateral trade to $10 billion by 2010, Asia Pulse reported Wednesday (16/1/08).

Ciputra to build $747M Jakarta property project

Publicly listed property company PT Ciputra Property plans to invest Rp7 trillion ($747.36 million) in an integrated shopping mall, hotel and apartment project in Jakarta, Asia Pulse reported Wednesday (16/1/08).

Container terminal set for expansion

The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57% to 55,000 ton equivalent units (TEUs), The Jakarta Post reported Thursday (17/1/08).

FDI in Batam up 56% in 2007

Foreign investment inflows to Batam Island in Riau Islands province last year jumped 56% to $288.52 million from $184.99 million a year earlier, the Batam Authority said in a statement on January 11, Asia Pulse reported. In 2007, the government licensed 79 new foreign investment projects worth $288.

Consumer confidence at 3-month low on prices

Consumer confidence index fell to a three-month low on concern fewer jobs and the possibility of higher food prices will erode incomes, a central bank survey said, Bloomberg reported Monday (14/1/08). The index dropped to 99.1 last month from 101.

Poor planning may hamper ambitious tourism program

Agustina Wayansari, The Jakarta Post, JakartaBusiness players and local authorities are concerned that inadequate government planning for this year's international Visit Indonesia tourist campaign has left them without enough time to prepare.

Bajaj expanding business

The Jakarta Post, JakartaMotorcycle maker PT Bajaj Auto Indonesia is trying to increase its sales of sports motorcycles in Indonesia by launching new products this year, with an intention of establishing a new production plant next year.Sales and marketing director Dharmesh K.

Biofuel committee seeks mandatory use of biofuels

The National Biofuel Development Committee will propose legislation on mandatory use of biofuel in industry before its tenure ends in August, the chairman said.Alhilal Hamdi told The Jakarta Post on Monday the committee was coordinating with the government to determine what level of consumption...

RI has to fix its dysfunctional legal system

Hans W. Vriens, SingaporeIndonesia's transition in the last ten years since the country was hit by the Asia's financial crisis has been such a remarkable success that some people see the emergence of a "democratic Indonesian tiger".

Import duty on soybeans removed

The government has scrapped the 10 percent import duty on soybeans to help curb the rising price of the commodity in the local market."The decision, effective Monday, is part of the government's short-term policy to overcome the surging soybean prices," said the deputy minister for agriculture and...

US Recession Threatens Domestic Industries

Monday, 21 January, 2008 | 17:19 WIBTEMPO Interactive, Jakarta: M. Lutfhi, Head of the Investment Coordination Agency (BKPM), has said he is concerned that the economic recession in the United States will threaten the continuity of domestic industries, especially machine-based manufacturing...

Visa-Free Facility Proposed for 10 Countries

 Originally Posted By: Magpie Originally Posted By: KuKuKaChu "Other efforts include increasing immigration counters at Soekarno-Hatta Jakarta and Ngurah Rai Bali airports; sceptical at it may seem, but does more immigration officers possibly mean more grizzly faced immigration officers...

Visa-Free Facility Proposed for 10 Countries

Questionable over-stay fines Opinion News - Monday, January 21, 2008 I together with my family have returned to Singapore from a wonderful trip to West Sumatra. We are a German family residing in Singapore for the last seven years. It was our first trip to West Sumatra.

Visa-Free Facility Proposed for 10 Countries

 Originally Posted By: KuKuKaChu "Other efforts include increasing immigration counters at Soekarno-Hatta Jakarta and Ngurah Rai Bali airports; sceptical at it may seem, but does more immigration officers possibly mean more grizzly faced immigration officers looking for bribes?