Indonesian Political, Business & Finance News

Archive: 25 February 2008

8 articles found

Governments must promote earning of livelihoods

Whether or not the retail operations of large corporations will have a negative impact on small traders is a debatable point. However, it is beyond debate that the most significant threats to small traders come from government obstruction, corrupt public officials, and poor infrastructure.

Gates Seeks Closer Ties With Indonesia

JAKARTA, Indonesia (Map, News) - The United States is working to broaden its ties with Indonesia as the island nation emerges as a leader in the Asia-Pacific region, U.S. officials said Monday as Defense Secretary Robert Gates arrived here.

Singapore`s Temasek Holdings may sell BII stake - report

Singapore (ANTARA News) - Singapore's Temasek Holdings Pte Ltd may decide to sell its stake in Bank International Indonesia (BII), Indonesia's sixth-largest bank, instead of merging it with PT Bank Danamon Indonesia, the Asian Wall Street Journal reported Monday, citing unnamed sources.

Jakarta to provide US$2.2 bln for railway infrastructure

Jakarta (ANTARA News/Asia Pulse) - The Indonesian government plans to provide Rp20 trillion (US$2.2 billion) to build infrastructure for railway mass transport under the state-owned railway company PT Kereta Api in the next four years.

The informal sector: Jakarta's survival strategy

What a BS. Paying Rp10.000 for lunch from street vendor can cost you Rp10M in expenses following costly treatment of Typhoid. Beside, these people don't pay taxes thus, they are no benefit to the Indonesian economy, just a cost because they use and abuse all the facilities.

Tax office aims to boost number of taxpayers

JAKARTA (JP): Indonesia has huge untapped tax potential with lessthan 3 percent of the nation's 220 million people in possessionof tax identification numbers (NPWP), a tax office official saidover the weekend.

Lampung imports pedigree cows worth US$116.5 million

Bandarlampung (ANTARA News) - Lampung imported pedigree cows worth US$116.5 million from Australia in 2007 in an effort to increase its cow population, an industry official said.Lampung Industry Service Head Suparmo said here on Saturday, with US$116.

Govt allocates Rp7.2 trillion for sugar mill revitalization

Yogyakarta (ANTARA News) - The government has allocated Rp7.2 trillion to revitalize around 52 sugar mills across Indonesia, Indonesian Sugar Experts Association (IAGI) chairman Bambang Prijono Basoeki said here on Saturday.