Archive: 24 December 2008
8 articles found
Wed, 24 Dec 2008
Kadin says domestic market must be given priority
Jakarta (ANTARA News) - Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for Monetary and Fiscal Committee, Bambang Soesatyo said efforts must be made to increase the absorption capacity of domestic market in facing the impact of global economic crisis.
Wed, 24 Dec 2008
Firms invest less on weak demand
Ika Krismantari, Jakarta Post, Jakarta In a clear sign of a slowdown, investment in the country's industrial sector is forecast to drop by 18 percent this year, from a year earlier, with a further decline expected next year as the impact of the global economic downturn peaks.
Wed, 24 Dec 2008
Oil and gas companies to spend big in 2009
Alfian, The Jakarta Post, Jakarta Oil and gas contractors have proposed to the regulator to spend up to US$13.15 billion on investment in exploration and production in 2009.These investment plans were submitted to BPMigas through the companies' 2009's working and budget programs, BPMigas's chairman...
Wed, 24 Dec 2008
Coal demand for next year: Probably not so hot anymore
Katherine Hermawan, AnalystThe recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers. Based on this factor, going forward, we expect weaker coal prices in line with the downtrend in oil prices, while higher...
Wed, 24 Dec 2008
Look high or low for tourism flow: Hit or miss?
Which number would you like to have for next year's total tourism visit projection? Would it be 6.2 million, 6.4, 6.5, or even 8 million? These are the choices you get when the government sets a target for expected visitors to the country in 2009.
Wed, 24 Dec 2008
Lutfi Sees Drop in Investment Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutf
Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutfi, the chairman of the country’s investment board said, lower than an earlier target of around $20 billion due to the global economic crisis.
Wed, 24 Dec 2008
Bahana Opening Mutual Fund To Finance Kalimantan Port
State-owned PT Bahana TCW Investment Management is offering a limited-placement mutual fund aimed at raising Rp 325 billion ($29.9 million) to finance the development of an East Kalimantan supply base for mining logistics. Dwina S.
Wed, 24 Dec 2008
Government Aims to Speed Trade Activities, Cut Graft With Updated Online System
Muhamad Al AzhariAs parts of its effort to boost international trade efficiency, the government on Tuesday launched the third phase of the “National Single Window” program, or NSW, an online system which may enable traders to submit necessary documents and obtain clearance from a wider array of...