Indonesian Political, Business & Finance News

Archive: 7 April 2008

7 articles found

Saipem spends Rp 2.5t for largest fabrication yard in Karimun, Riau

Italian-based turnkey oil and gas contractor Saipem International has begun construction of a massive fabrication yard in Karimun, Riau Islands, with a total project investment of Rp 2.5 trillion (US$271 million).

Indonesian, Norwegian employers to train local entrepreneurs

Two leading employers associations in Indonesia and Norway will conduct brand leadership training for small and medium scale entrepreneurs and facilitate exports of their products to Scandinavian countries.

Another miner going nowhere in Indonesia

LONDON - According to the local tourist literature, the clear blue waters off the soft and sandy beaches of the Lembeh Strait in the Molucca Sea have some of the best muck diving (exploration of low-visibility waters) on the planet as home to the colorful Ambon Scorpionfish, the Orangutan Crab and...

Indonesian society still permissive toward corrupt acts

Medan (ANTARA News) - In the view of the Corruption Eradication Commission (KPK), Indonesian society is still permissive in its attidude toward corruption cases happening in the national capital and the regions, a KPK official said."Our people are still permissive.

Tax revenue soars on back of higher corporate income

The Ministry of Finance's Directorate General of Taxation announced Friday a 42.7 percent jump in tax revenue during the first quarter of 2008 on the back of strong corporate sector income growth and a vibrant economy.Tax revenue from the non-oil and gas sector rose to Rp 113.53 trillion (US$12.

Govt to activate aging fields under new regulation

Novia D.Rulistia, The Jakarta Post, Jakarta To optimize the country's crude oil production, the government will activate 5,000 aging fields under the newly issued 2008 Minister Regulation, says an official.

Indonesia planning to export rice

"Coordinating Minister for People's Welfare Aburizal Bakrie" .. Not sure if it makes me laugh or cry every time i see this. Indonesia's wealthiest man in charge of peoples welfare! Give me a fucking break ..