Indonesian Political, Business & Finance News

Archive: 30 April 2008

5 articles found

Government sets target of all areas in RI having broadband access in 2015

Jakarta (ANTARA News) - The government has set itself the target of making all areas in Indonesia have broadband access for connection to universal internet in 2015, a minister has said."At a meeting in Bangkok last week, APEC telecommunications and industry ministers set a target of making all...

Govt needs to issue transparency standards for oil and gas companies

Jakarta (ANTARA News) - The Indonesian International Transparency (TII) non-governmental organization (NG) and the Publish What You Pay coalition had urged the government to issue rulings and standards impelling oil and gas companies operating in Indonesia to carry out their business activities...

Govt should include training in education system: Apindo

Despite a high number of job seekers here, businesses are still finding it difficult to hire reliable competent workers, says a business group.Nina Tursinah, deputy chairwoman of the Indonesian Employers Association (Apindo), said to help overcome the problem, the government needed to improve the...

Rio Tinto secures deal with govt on tax system for massive project

Rio Tinto, the world's second largest mining company, announced Monday it reached an agreement with the government over a tax privilege for its planned US$1.5 billion nickel project in Sulawesi.The tax facility would be given based on a combination of fixed and prevailing rates, the company said in...

Govt may again revise industrial growth target on oil prices

Novia D. Rulistia, The Jakarta Post, Jakarta The government may again reduce its industrial output growth target for this year as soaring oil prices push up production costs and inflation."The revision is automatic. The government also revised its state budget and reduced its growth target from 6.