Indonesian Political, Business & Finance News

Archive: 1 December 2008

4 articles found

Kadin challenges company law in court

A number of business groupings have filed for a judicial review on the 2007 Law on Limited Liability Companies with the Constitutional Court, arguing the law contradicts other laws and creates legal uncertainty.

Batam ports to use new IT system

Yuli Tri Suwarni, The Jakarta Post, Bandung All ports on Batam Island will soon introduce a new information and technology (IT) system in a bid to curb income leaks, an official says.Head of Batam Port Office's Commercial Unit Heri Kafianto said the new system, to be implemented by 2009, would...

Astra Agro Sets Long-Term Goals Amid CPO Weakness

PT Astra Agro Lestari Tbk, the country’s biggest producer of crude palm oil, on Friday confirmed its readiness to face the global economic downturn.Santosa, the company’s director of finance, said Astra Agro would survive the current CPO market volatility, “even if crude palm oil prices...

Crisis Opens Opportunity for Local Products

Crisis Opens Opportunity for Local ProductsThe government should focus on the domestic market to maintain economic growth during the global financial crisis, respected economist Emil Salim said late on Friday, adding that the recent depreciation of the rupiah should be seen as an opportunity to...