Indonesian Political, Business & Finance News

Archive: 19 September 2008

7 articles found

Global liquidity crisis having small impact on Indonesia

Jakarta (ANTARA News) - Vice President Jusuf Kalla said Friday the current global liquidity crisis has only led to a 0.1 percent drop in Indonesia`s gross domestic product (GDP)."Indonesia is one of the Asian countries recording the lowest declines in GDP," he told the press after Friday...

RI`s exports to U.S expected to fall 20%

Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) has predicted Indonesia`s exports to the United States in the fourth quarter of 2008 may fall up to 20 percent from the previous quarter as a result of financial crisis."Exports to the US may fall 20 percent.

Manufacturing sector slowing down

The country's manufacturing sector grew by an estimated 3.85 percent to 4 percent in the third quarter of this year.The figure in the July-September period was lower than the 4.43 percent growth recorded in the second quarter.

Minister lobbies EU over palm oil restrictions

Indonesia, the world's largest palm oil producer, has sent Agriculture Minister Anton Apriyantono to lobby the European Union (EU), over concerns the group were planning a policy that would limit imports of the commodity.

Kadin demands protection amid flourishing trade deals

The Indonesian Chambers of Commerce and Industry (Kadin) says Indonesia needs clear-cut strategies to protect local products amid a mushrooming number of bilateral and regional free trade agreements.Such protection could be in the form of incentives or policies that favor local businesses, Kadin's...

New Country Partnership Strategy Supports Indonesia’s Development Priorities

The World Bank aims to partner with Indonesia in strengthening its institutions to translate valuable resources into better development outcomesPress Release No:2009/076/ EAPWashington DC, September 11, 2008 – The World Bank’s Board of Executive Directors today endorsed a new Country...

Govt urged to empower local retail traders

Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) has urged the government to strengthen local retail traders so that they would not be run over by foreign interests operating modern marketplaces.