Archive: 18 September 2008
24 articles found
Thu, 18 Sep 2008
PLN, PGN, Pertamina to build gas receiving terminal
Yes isn't it great that twenty of the most recently posted articles on any given day are along these lines? I wouldn't know what to chat about in the warung without these current affairs snippets.
Thu, 18 Sep 2008
Asian Agri to start operation of new bio-diesel plant
The Asian Agri Group said it will commission a new bio-diesel factory with a capacity of 400,000 tons a year next week, Asia Pulse reported.The Rp350 billion ($37 million) factory built in Dumai, Riau, will use crude palm oil (CPO) as the feedstock, company director Semion Tarigan said.
Thu, 18 Sep 2008
VAT on imported textile machinery abolished
The finance ministry has officially abolished the value added tax (VAT) on textile machine imports as part of the country's restructuring program in the textile industry, Asia Pulse reported.The abolition of the VAT was in reply to a request by the Indonesian textile association (API) late last...
Thu, 18 Sep 2008
Govt. to reduce port overloads
In addition to accelerating its inspection process, the government is looking to reduce overloading and delays at Jakarta’s Tanjung Priok port by penalizing traders who fail to remove goods that clear customs, The Jakarta Post reported.
Thu, 18 Sep 2008
Quantum to build bio-ethanol plant in Sumba
The regional administration of Sumba Barat Daya and Quantum Petroleum signed an agreement to invest $350 million in bio-ethanol industry in the regency, Asia Pulse reported.The subsidiary of Australia's Quantum Group said it has completed studies of the area where it will grow cassava to supply...
Thu, 18 Sep 2008
Govt. disputes investment climate ranking
The government has questioned a new report from the World Bank's investment arm, the International Finance Corporation (IFC), which says Indonesia has slipped two notches down its list for 2009 to 129 of 181 countries surveyed.
Thu, 18 Sep 2008
Investment up more than 10%: Minister
Investment in Indonesia should grow more than 10% this year despite global financial turmoil, Trade Minister Mari Pangestu said Wednesday, Agence France-Presse reported."We are still optimistic that investment in Indonesia will grow more than 10% even though the condition of global markets is...
Thu, 18 Sep 2008
August consumer confidence improves
Consumer confidence improved in August as the impact of fuel price rises subsided, but consumers were still largely pessimistic, expecting costs to increase in the near term, two surveys showed, Reuters reported.
Thu, 18 Sep 2008
Tougher tax stance pays off
Indonesian tax revenue in August, excluding the oil and gas sector, jumped 40.5% from a year ago, as tougher action by the authorities led to improved compliance, Director General for Tax Darmin Nasution said, Reuters reported.
Thu, 18 Sep 2008
Indonesia Trying to Get European Union to Accept Biodiesel
Wednesday, 17 September, 2008 | 13:35 WIBTEMPO Interactive, Jakarta: Together with Malaysia, Indonesia is trying to get the European Union to accept Indonesian palm oil as biodiesel.“We are still trying,” said Agricultural Minister Anton Apriantono.
Thu, 18 Sep 2008
Hundreds of millions of cash smuggled to Singapore daily
Cash worth hundreds of millions of rupiah is being smuggled to Singapor daily, the Indonesian Navy said during a raid in Batam on Wednesday.Based on the confession of the two perpetratos detained Wednesday, Batam naval base commander Col.
Thu, 18 Sep 2008
RI eyes benefits from India pact
Mustaqim Adamrah, The Jakarta Post, Jakarta Indonesia may see robust growth in exports to India following the conclusion of negotiations on a free trade agreement between India and members of ASEAN.The new pact, scheduled for signing in December, should benefit Indonesia as India has promised to...
Thu, 18 Sep 2008
Security hampers meetings business
Desy Nurhayati, The Jakarta Post, Depok, West JavaIndonesia has the potential to emerge as one of the world's leading destinations for meetings, incentive events, conventions and exhibitions (MICE), but must address lingering problems of security and accessibility to do so, a discussion heard.
Thu, 18 Sep 2008
Economic growth: The rise of the Indonesian middle class
Cyrillus Harinowo, Jakarta The Grand Indonesia Shopping Town is likely to be the latest addition to the string of Indonesian shopping malls. But this is not just an ordinary addition. The Grand Indonesia is currently the largest and most luxurious shopping mall in the country, if not in Southeast...
Thu, 18 Sep 2008
Our poor business climate
Mon, 09/15/2008 10:14 AM | OpinionEven though the government might have some legitimate questions to raise about the accuracy of the latest business climate survey of the International Finance Corporation, the blunt fact remains: our business climate is really poor and worse than that of most ASEAN...
Thu, 18 Sep 2008
PLN, PGN, Pertamina to build gas receiving terminal Alfian , The Jakarta Post , Jakarta | Wed, 09/17/2008 10:30
Alfian, The Jakarta Post, Jakarta State power utility company PT Perusahaan Listrik Negara (PLN) plans to build a gas-receiving terminal worth US$500 million in a bid to secure gas fuel for its power plants.
Thu, 18 Sep 2008
PLN, PGN, Pertamina to build gas receiving terminal
Alfian, The Jakarta Post, Jakarta State power utility company PT Perusahaan Listrik Negara (PLN) plans to build a gas-receiving terminal worth US$500 million in a bid to secure gas fuel for its power plants.
Thu, 18 Sep 2008
RI's tourism sector: Missing the boat again
Andry Asmoro, AnalystInterestingly, with the third quarter of 2008 almost out of the way we have seen some major highlights in macroeconomic indicators but only little attention in the way of the government's national program: Visit Indonesia Year 2008.
Thu, 18 Sep 2008
Business associations urge govt to ease value-added tax
Additional goods and services should be exempted in the upcoming amendment to the luxury and value-added tax (VAT) law, a trade association says.Among the services proposed by the group are food catering, money transfers via the post office, parking fees and public phones, while goods included...
Thu, 18 Sep 2008
Working for the Yankee Dollar Bali's Burgeoning Tourism Industry is Playing a Role in the Loss of the Island's Agric
Bali's Burgeoning Tourism Industry is Playing a Role in the Loss of the Island's Agricultural Roots.(9/15/2008) The Indonesian Daily Kompas recently carried a report relating the plight of women in Bali trying to eek out a living working as coolies at local markets and the role tourism is playing...
Thu, 18 Sep 2008
Making Up the Rules as You Go Along in Bali's North. Growing Controversy Over Villa Projects on Bali's North Coast U
Growing Controversy Over Villa Projects on Bali's North Coast Underlines the Vagaries Awaiting Foreigners Buying Land in Bali.(9/15/2008) Bali Post reports that Bali's northern coast, stretching some 144 kilometers, is under threat of submerging below a continuous strip of commercial and private...
Thu, 18 Sep 2008
Indonesia Starts to Strangle on Success Print E-mail Tag it: Delicious Furl it! Mister.Wong NewsVine R
Our Correspondent 16 September 2008Infrastructure development, always a concern, can’t keep up with economic growthIndonesia, with its economy growing at its healthiest pace since the 1997-98 Asian financial crisis, is starting to burst at the seams from a serious lack of infrastructure...
Thu, 18 Sep 2008
South Korea to develop marine resources in indonesia
Seoul (ANTARA News) - South Korea has signed a deal with Indonesia to lease 25,000 hectares of coastal waters to cultivate seaweed that can be processed to produce bio-ethanol fuel, the government said Wednesday.