Indonesian Political, Business & Finance News

Archive: 20 August 2008

11 articles found

INKINDO Suggests Standards for Foreign Trading Companies

Wednesday, 20 August, 2008 | 11:51 WIBTEMPO Interactive, Jakarta: The National Association of Indonesian Consultants (INKINDO) has suggested that provincial governments arrange trading company and skill standards for foreign consultants working in Indonesia.

African Company Interested in Managing Indonesian Coal Liquefaction

Wednesday, 20 August, 2008 | 11:53 WIBTEMPO Interactive, Jakarta: South Africa Synthetic Oil Liquefaction (SASOL) Synfuels International, a synthetic fuel company from South Africa, is interested in managing coal liquefaction in South Sumatra.

Hutchinson invests $1B in telecom facilities

correct. small annoucement last week (http://jakchat.com/forums/ubbthreads.php/topics/84344/ANT_Hutchinson_invests_US_1_bl#Post84344)this article from the ministry of trade adds details to that story.

Golden Agri 2Q profit more than doubles

Golden Agri-Resources Ltd., a unit of Indonesia's largest oil-palm grower, Sinar Mas Group, said second-quarter profit more than doubled as prices and production gained, Bloomberg reported.Net income rose to $582 million in the three months to June 30, or 6 cents a share, compared with $228...

Hutchinson invests $1B in telecom facilities

PT Hutchinson CP Telecom Indonesia, operator of the '3' brand cellular service, has invested $1 billion in the development of its telecommunications facilities in Indonesia, Asia Pulse reported."We plan to become the biggest operator in Indonesia next year," marketing director of...

Indonesia may produce 1M tons cocoa by 2013

Indonesia may be able to double its current annual cocoa production to 1 million metric tons in the next five years as steps are taken to rejuvenate existing plantations, a senior industry official said, Dow Jones reported.

Rush to invest in shoe industry

South Korean, Vietnamese and Chinese shoemakers are reported to be planning to set up shop in Indonesia, boosting an industry that already makes some $400 million in export earnings."All the companies have already obtained principle licenses from the Investment Coordinating Board," Eddy...

GDP growth can be maintained: Minister

The growth rate of the economy, which the Central Agency of Statistics (BPS) said reached 6.39% in the second quarter, can be maintained throughout the year, Coordinating Minister for Economic Affairs Sri Mulyani Indrawati told a press conference on Friday.

Govt's ambitious customs system hits snag on available manpower

exactly. which asks the question: do indonesians *really* want their country to be just like the west? isn't that what many of us here in jakchat were trying to escape from?

Govt's ambitious customs system hits snag on available manpower

you're way too optimistic. culture underlies much behaviour, and elements of indonesian culture itself supports and maintains what westerners view as corruption.creating a "clean", merit-based bureaucracy in indonesia requires a culture shift.

Govt's ambitious customs system hits snag on available manpower

Bring it on ..... Hire a very good change management team to train and develop the people. Sure there will be the currupt people who will take no notice but there will also be a few who are as tired of the curruption as most other people.