Indonesian Political, Business & Finance News

Archive: 7 May 2008

7 articles found

New investments down on oil price, realization to grow 15%

Indonesian govt likes foreign Investor money, but doesn't like foreign investors. We've perfectly seen this with telco tower sharing issue. Lots of foreign investors started to put money into this (large sums), just to find out that few months later govt issued regulation forbidding foreign...

PT KA to form a new subsidiary for Greater Jakarta rail network

State railway operator PT Kereta Api (PT KA) is forming a new subsidiary to handle operations in Greater Jakarta, a company official said Monday.PT KA head of public relations Adi Suryatmini said the company was restructuring its business to become more efficient.

New investments down on oil price, realization to grow 15%

A year has passed since the House of Representatives amended the law on investment in March 2007, promising incentives and equal treatment for domestic and foreign investors. The amendment was only the first major step in a series of promised regulatory reforms targeted at improving the domestic...

Kadin: Help labor-intensive industries

Aditya Suharmoko and Rendi A. Witular, The Jakarta Post, JakartaWith the fuel prices hike imminent, the government should provide incentives to labor-intensive industries that will be the hardest hit by the policy, says the Indonesian Chamber of Commerce and Industry (Kadin).

SMEs able to adapt to higher fuel oil prices, minister says

Jakarta (ANTARA News) - Cooperatives, Small and Medium Scale Businesses Minister Suryadharma Ali said he was confident small- and medium-scale enterprises (SMEs) will be able to adapt themselves to increased fuel oil prices.

IRIF 2008 offers 200 projects in 75 districts and municipalities

Jakarta (ANTARA News) - Some 200 projects in 75 districts and municipalities will be offered in the Indonesian Regional Investment Forum (IRIF) to be held here on May 26 and 27.President Susilo Bambang Yudhoyono is scheduled to open the event jointly held by the Regional Representatives Council...

Bill Gates to Visit Indonesia This Thursday

I thought they already had been locked into Microsoft about two years ago....