Indonesian Political, Business & Finance News

Archive: 14 May 2008

12 articles found

YLKI urges government to improve market surveillance

The Indonesian Consumers Foundation (YLKI) has urged the government to improve market surveillance in order to increase product standardization and protect consumer and producer rights."Product standardization is important for consumers as it guarantees quality products and for producers to...

Increasing national food production? Easier said than done

Achmad Syafriel, AnalystMany problems need to be solved before Indonesia can increase food production and mitigate food prices.Many believe the era of cheap food prices has come to an end. Over the last two years, soft commodity prices have surged, continually breaking records.

Govt goes all out for Visit Indonesia Year

Mariani Dewi, The Jakarta Post, JakartaWhat do the Balinese do with deceased royals? How can you see a flower show without splashing out for a flight to Pasadena, California? Where can you test your athletic endurance in a triathlon?Indonesia provides the answers to all these questions during this...

Honda bike sales forecast to surge 40% in Indonesian market

Jakarta (ANTARA News/Asia Pulse) - Sales of Honda motorcycles in Indonesian are forecast to shoot up 40 per cent to 1.2 million units in the first half of this year from 921,990 units in the same period last year.Until April this year, sales already reached 897,037 units or 50.

Fuel price hike will stunt Indonesian auto sales: industry head

Jakarta (ANTARA News) - Indonesian government plans to raise the price of fuel at the pump will force down auto sales in Southeast Asia's biggest economy, the head of the automotive industry association said Wednesday.

Government believes economy remains prospective despite global slowdown

Jakarta (ANTARA News) - The government believes the Indonesian economy will remain prospective in the next two years despite a global economic slowdown, a Finance Ministry official said."The Indonesian economy will remain prospective in the 2008-2009 period in which it will expand by a range of 6-6.

RI asks Australia, New Zealand to open their textile markets

Jakarta (ANTARA News) - Indonesia has asked Australia and New Zealand to open their textile and textile product markets under a free trade arrangement (FTA) with ASEAN."We are asking that textiles whose import tariffs are between 3.5 and 17.

RI oil production may exceed 1 million BPD at year end

Jakarta (ANTARA News) - Indonesia`s oil production could exceed one million barrels per day (bpd) at the end of this year, Head of the Upstream Oil and Gas Regulating Body (BP Migas), R Priyono, said.He said the prediction that the one-million bpd production level day could be exceeded was based on...

Indonesian consumer confidence falls to 29-month low in April

Jakarta (ANTARA News) - Indonesian consumer confidence dropped for the fifth straight month in April to a 29-month low as more respondents expressed pessimism about current economic conditions and the economic outlook for Indonesia, according to a central bank survey released Tuesday.

Wrong response aggravates Asia food crisis: ADB report

Manila (ANTARA News) - Asia's response to tightening global grain supplies has aggravated food price inflation and uncertainty, according to an Asian Development Bank report released here Friday.Export bans and price floors imposed by grain exporters including China, Pakistan, Vietnam and India...

Industrial Relations Court Decision - A Win for Employers

jakartass. indonesian version would be good. we need to ensue that indonesians themselves are part of any discourse that may develop.

Industrial Relations Court Decision - A Win for Employers

KuKuKaChu.If you can post it, I'll get HukumOnline to forward the Indonesian version to you.Naturally, I have a copy of the judgement if you want to copy it.And this is my version: http://jakartass.blogspot.com/2008/05/blow-against-labour-following-was.html.