Indonesian Political, Business & Finance News

Archive: 31 October 2008

5 articles found

European investors view on Indonesia investment condition

Jakarta (ANTARA News) - Managing Director of Indonesian Netherlands Association, Elmar Bouma delivered his remarks on the policies application of investment service in Indonesia from European investors` perspectives in a national seminar entitled "Regional Administration Strategies in...

Zero percent tax on CPO exports not to raise cooking oil prices

Jakarta (ANTARA news) - The zero percent tax on crude palm oil (CPO) exports will not raise domestic cooking oil prices, an official said."I think it will not (raise cooking oil prices) because our system is like that.

Jakarta property feels the pinch from global financial crisis

Utami Prastiana, Consultant It is now almost certain the global economy is mired in a recession due to the devastating impact of the United States financial crisis which has spread to Europe, setting off negative sentiment while unleashing tremendous downward pressures on Asian financial markets.

Crisis may delay footwear investment

Investors planning to invest US$200 million to build new footwear factories, or expand existing ones, may put their plans on hold, due to global financial uncertainties.The concern was revealed Wednesday evening during a meeting between ministry officials concerned with the industry, led by...

Indonesia: Economically Shaken but Not Stirred - Yet

Wednesday, 29 October 2008The archipelago nation seems to be doing some things rightCould the clouds over China’s Pearl River Delta have a silver lining for Indonesia? It is one of several unknowns facing an Indonesian economy battered, like most others, by the sudden change in global fortunes.