Indonesian Political, Business & Finance News

Archive: 17 December 2008

11 articles found

Ministry to unload Rp 8t for port, navigation projects

The Jakarta Post, Jakarta In a bid to boost trade among regions, the Transportation Ministry is setting aside Rp 8 trillion (US$707 million) in the state budget to construct and develop ports and a shipping navigation system next year.

NZ free trade deal offers insufficient: Agriculture Minister

New Zealand's proposal for Indonesia to scrap tariffs on imported meat and dairy products will not benefit the development of Indonesia's dairy and meat industries, Agriculture Minister Anton Apriyantono says.

Investors reluctant to use Tanjung Wangi seaport

Investors in the Banyuwangi province in East Java have been reluctant to use Tanjung Wangi as an alternative seaport for exports and imports despite a efforts by the government to promote the port.Chairman of the East Java provincial branch of Indonesian Trade and Commerce (Kadin) Erlangga said the...

Import limitation to take place next month

No mention of Bali for beverages then?And I suppose Kalimantan does not import anything anyway!

Mita Valina Liem Miners Must Smelt Ore in Indonesia Under New Law

Mining firms operating in Indonesia will no longer be able to extract and directly export unprocessed ore, but instead will have to refine it locally before shipping it abroad, according to a provision of the mining law passed by the House of Representatives, or DPR, on Tuesday.

ASEAN tightens up to ride China's rise

CHIANG MAI - The 10-member Association of Southeast Asian Nations (ASEAN) launched a new joint charter on Monday that establishes mutual rules and commitments, moving the 41-year-old grouping one step closer to becoming a unified economic bloc.

Import limitation to take place next month

Trade Minister Mari Elka Pangestu bowed Monday to pressure for an immediate limitation on the entry of five categories of goods into certain ports and airports by issuing a revised policy that will take place on Jan. 1.

House digs deep to pass mining bill amid protest

Marred by protests and walkouts by several factions, legislators on Tuesday ended years of deliberation to endorse the contentious mining bill that includes provisions on revising the permit system and advocating a review of all existing contracts.

Airport Train Project Attracts Seven Potential Investors

TEMPO Interactive, Jakarta:Train Director-General Wendy Aritenang said seven domestic and international investors have submitted their proposal to take part in the 3.27 kilometer train project linking Jakarta to the Sukarno-Hatta- airport train.

Small, medium businesses provide 90 per cent of employee

Jakarta (ANTARA News) - Indonesian micro-, small-and medium-sized businesses (UMKMa) provide 99 percent of total employment in the country accomodating up to 90 percent of the country's workers, a national development planning official said.

Indonesia to open new trade promotion centers abroad

Jakarta (ANTARA News) - Indonesia plans to open 11 new Indonesian Trade Promotion Centers (ITPC) abroad at the end of this year, the head of the National Export Development Agency (BPEN), Bachrul Chairi, said here on Tuesday.