Archive: 25 March 2008
21 articles found
Tue, 25 Mar 2008
Government raises CPO export tax by 20 pct
Jakarta (ANTARA News) - The government has raised crude palm oil (CPO) export tax from 10 to 20 percent for April shipment because the CPO price in the world market in March has reached a record high, Trade Minister Mari Elka Pangestu said.
Tue, 25 Mar 2008
Local governments are hurting more than making things better
Decentralizing power, by shifting control from the central government to smaller local governments, is the will of the local population and can only be deemed progressive in a new democracy like Indonesia.But it is a new system fraught with problems.
Tue, 25 Mar 2008
Govt plans to slap excise on more goods
The cash-strapped government plans to broaden categories of goods subject to excise duty in response to an expanding state budget deficit and an intense campaign to reduce environmental hazards.A proposal to expand the list of goods subject to excise is under discussion in the House of...
Tue, 25 Mar 2008
Cement manufactureres expect 6% rise in domestic market
Agustina Wayansari, The Jakarta Post Leading cement manufacturers expect demand for cement to grow at least 6 percent on the back of an improving economy and many large construction projects in regions this year.
Tue, 25 Mar 2008
RI may miss benefits from ASEAN-EU FTA deal
Indonesia stands to lose out on benefits from the planned free trade agreement (FTA) between the EU and ASEAN unless it improves its negotiation capacity and coordination, an official says.The Trade Ministry's director general for regional trade cooperation, Iman Pambagyo, said the lack of...
Tue, 25 Mar 2008
Govt set to secure loans for shipping sector
In a bid to expand the country's shipping industry, the government is set to wrap up a loan agreement worth around US$150 million from Japan Bank for International Cooperation (JBIC)."The funding is expected to be disbursed between 2008 and 2009," the Transportation Ministry's director general of...
Tue, 25 Mar 2008
Local shipping sector left in need of loans
The local shipping industry requested more bank loans Monday to support the anticipated rise in shipping demand caused by a government policy banning foreign vessels from transporting goods between local ports.
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
you mean, he's like bakrie?? or worse?
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
May as well be, he is a well known rip-off merchant and also has (under the wings off his many companies) thousands of underpaid and ill treated Asian's working for him in the UAE.Not a nice man!
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
Originally Posted By: DilliMohammed Ali Alabbar, dodgy bastard.... any relation to Ali Baba?
Tue, 25 Mar 2008
Pertamina introduces cheap fuel product
they seem to have enough problems supplying the busway with gas, much less the general public.and Rp12m for a conversion kit is clearly a rip off.
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
Mohammed Ali Alabbar, dodgy bastard....
Tue, 25 Mar 2008
Pertamina introduces cheap fuel product
I know it's a better, cleaner option, but...Who the fuck in Jakarta is going to shell out 12 Million for the conversion kit, and more to the point, are they aware that Petrol Stations will require complete "re-vamps" to handle the transfer of the LPG.
Tue, 25 Mar 2008
Pertamina introduces cheap fuel product
State-run oil and gas firm Pertamina on Monday (17/3/08) introduced liquefied petroleum gas (LPG) fuel products for Rp3,600 ($0.39) per liter, Xinhua reported.Called Vigas, the fuel product is available at three Pertamina fuel outlets in Jakarta and the number will be increased to nine by the end...
Tue, 25 Mar 2008
Hutchison Telecom sells assets in $500M deal
Hong Kong's Hutchison Telecommunications International Ltd said a majority-owned unit agreed to sell certain telecommunication assets in Indonesia in a deal worth $500 million, Thomson Financial reported Tuesday (18/3/08).
Tue, 25 Mar 2008
Boost planned for coffee
The Agriculture Ministry wants to make Indonesia a leading prime coffee producer in the world by 2025, the ministry's plantation affairs director, Achmad Mangga Barani, said Wednesday (19/3/08), Antara reported.
Tue, 25 Mar 2008
Daimler may expand bus capacity
Daimler AG, the world's largest maker of commercial vehicles, may raise its production capacity for buses in Indonesia as much as 15-fold, Bloomberg reported Tuesday (18/3/08).The company may invest 10 million euros ($16 million) to expand capacity at its factory in Bogor, West Java, Rudi...
Tue, 25 Mar 2008
Korindo Group to build new pulp plant
The South Korean Korindo Group said it plans to build a new pulp factory in the country, to cost $350 million in 2009, Asia Pulse reported Monday (17/3/08).The company already has three pulp plants with a total production capacity of 800,000 tons a year and a newsprint factory, which has exported...
Tue, 25 Mar 2008
FDI up 19.6% in January
Approvals of foreign investment proposals rose 19.6% on year in January, Thomson Financial reported.They hit $1.40 billion from $1.17 billion a year earlier, data from the National Investment Coordinating Board (BKPM) showed Wednesday (19/3/08).
Tue, 25 Mar 2008
Min: GDP growth could be below 6.4% target
Economic growth this year could be below the government's 6.4% target due to rising uncertainties in the global economy, Finance Minister Sri Mulyani Indrawati said Monday (17/3/08), Dow Jones reported.
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
President Susilo Bambang Yudhoyono wound up his 10-day overseas trip with commitments of $3.5 billion in investment commitments from businessmen in Dubai, the United Arab Emirates.President Yudhoyono returned to Indonesia on Friday (21/3/08), Antara reported, after a tour which took in Iran, where...