Indonesian Political, Business & Finance News

Archive: 31 March 2008

6 articles found

Threat of Carbon Emission Sales Agreement with Singapore Being Canceled

Monday, 31 March, 2008 | 16:59 WIB TEMPO Interactive, Jakarta: There is a threat that the agreement for the sale of carbon emissions with several Singaporean companies in the chocolate farming in West Papua will be canceled. This statement was made by Coordinating Minister for People's Welfare Aburizal Bakrie on Saturday (30/3) in Jakarta.

Indonesia feels the pinch as oil, commodity prices surge

Last week I paid IDR 8450 per liter for Shell Super Extra, damn that is as much as the boneheads in the States are paying and I have always paid less than they have. Wife is paying IDR 8250 for Shell Diesel.......

Metro supermarket close after five-year decline

 Originally Posted By: KuKuKaChu "The supermarket business has been really slow in the last five years due to a decrease in the number of consumers," MTSM director Arief Amin said in a report to the Indonesia Stock Exchange on Friday. what utter crap! the supermarket business in indonesia has been booming for the past 5 years, and will continue to boom for some time yet! what MTSM is perhaps trying to say is that Metro are a badly managed business that does not provide value to consumers.

Kadin calls for food sustainability measures

The Indonesian Chamber of Commerce and Industry (Kadin) held its first-ever National Food Coordination meeting on Saturday, aiming to formulate recommendations for the government to improve food security amid rising global food prices. "The government must place food sustainability on top of its priority list, higher than the need to pursue energy availability or to improve the quality of infrastructure," Kadin chairman Mohammad Hidayat said.

Metro supermarket close after five-year decline

PT Metro Supermarket Realty Tbk (MTSM) has closed down its trading business due to a steady decline in customers over the last five years, a company official said Saturday. "The supermarket business has been really slow in the last five years due to a decrease in the number of consumers," MTSM director Arief Amin said in a report to the Indonesia Stock Exchange on Friday.

Indonesia feels the pinch as oil, commodity prices surge

Jakarta (ANTARA News) - With prices for key commodities at record highs, Indonesia -- Southeast Asia's biggest economy and a key exporter -- should, at first glance, be enjoying good times. But with high oil prices leading to a government fuel subsidy blowout and rising food prices hitting the poor, analysts say most Indonesians are being squeezed. Indonesia is the world's largest exporter of palm oil and a major exporter of coal and gas.