Indonesian Political, Business & Finance News

Archive: 23 October 2008

6 articles found

Kadin, govt aim to fight global woes

I don't mind the taxi drivers, it's the arsehole airport security that piss me off. Upon arrival I like to go straight upstairs to the departures level, catch a tarif bawah taxi that's just dropped someone off - save the poor bastards a fare-less trip back to town, and save me the outrageous 10,000...

Credit crunch may hit RI mining investment

The stock market slowdown and drying up of banking liquidity may force mining firms to reduce their spending on exploration, causing commodity scarcity during the next four to five years, an official and a business association said on Wednesday.

Manufacturing industry starts cutting production

Manufacturing companies in all industrial estates in Indonesia, especially in Java, have begun to cut production as a result of the global financial crisis that has begun weakening domestic and international demand, Antara reported.

Govt to centralize entry points for certain foreign-made goods

Jakarta (ANTARA News) - The government intends to centralize the points of entry of foreign-made goods susceptible to smuggling in order to simplify their supervision under the impact of the global financial crisis, Finance Minister Sri Mulyani said.

US companies ready to invest In Indonesia

Jakarta (ANTARA News) - Twenty five American companies were planning to make investments in Indonesia in spite of the current financial crisis facing their country, it was learned from a meeting between a US-ASEAN Business Council delegation and the Indonesian minister of industry Fahmi Idris here...

Indonesian palm oil producers ready to use biodiesel

Pekanbaru (ANTARA News) - Most Indonesian palm oil producers are ready to use biodiesel fuel to increase the use of crude palm oil while the price of the commodity in the world market has dropped."After inspecting a number of regions including Riau, I conclude that many palm oil factories were...