Indonesian Political, Business & Finance News

Archive: 26 November 2008

7 articles found

Govt may ban imports of used machinery

The government is planning to scrap permits for the import of secondhand machinery in a move aimed at supporting locally made machinery and to help save energy, an Industry Ministry senior official says.

Heavy equipment sales to drop

The credit squeeze will reduce heavy equipment sales by 40 percent next year, a business player says.The sales of heavy equipment will decrease to around 6,000 units in 2009 from 10,000 units this year, Gidion Hasan, director of finance at the heavy equipment company PT United Tractors told...

Domestic Investments Decline By 54 Percent

Tuesday, 25 November, 2008 | 18:39 WIBTEMPO Interactive, Surakarta:Domestic investments up to September 2008 has declined by 54 percent compared to last year. The government is urging public agencies providing services to investors to improve their performance.

Japan to Increase Investment in West Java

Wednesday, 26 November, 2008 | 01:06 WIBTEMPO Interactive, Bandung: Several of investors from Japan are committed to increase their investments in West Java.West Java Governor Ahmad Heryawan said that Japan was asking for confirmation about the setting up of a special economy zone in the province.

Indonesia tourism industry still waiting to rebound

Jakarta (ANTARA News) - Indonesia, a vast archipelago nation with the world's second-longest shoreline, has consistently underachieved in the tourism sector and 2008 is proving no exception."The global economic crisis has started to have an impact," said Sapta Nirwandar, director-general...

Indonesia gets tough with foreign drug companies

Originally Posted By: Polisi CepekAfter Bakrie, she must be the most embarrassing serving minister. Not content with excluding foreign doctors because they're too good and hence create unfair competition with clueless local specimens, she now wants to deny Indonesians decent drugs.

Palm Oil's Environmental Cost

As my recent traipsing about to several of the biggest palm oil expansion provinces has convinced me, this article is spot on. Except for the bit about NGOs just now spotting the RSPO as bullshit, they've been saying that for a couple of years.