Indonesian Political, Business & Finance News

Archive: 15 October 2009

7 articles found

Offices set to spearhead rebound in property

A recovery in the fairly depressed property sector, which was hit this year by the global financial downturn, will be spearheaded by the office market next year, a survey by a property consultant shows.

Next govt faces plenty of homework

Economic ministers held their last meeting Wednesday and left plenty of homework for their successors, with unresolved problems ranging from boosting infrastructure, reform of the bureaucracy, to revitalizing the real sector.

That old song: Infrastructure

President-elect Susilo Bambang Yudhoyono’s decision to include basic infrastructure development as key programs of action for the first 100 days of his government is a strategic move given our huge infrastructure deficit.

Indonesia to Revise Oil, Gas Law in Light of Industry Changes

The House of Representatives (DPR) for the 2009 - 2014 term is planning to revise Law No. 22 / 2001 on Oil and Natural Gas because it is viewed to be no longer suitable in light of latest developments in the oil and gas industry.

Carrefour insists not monopoly despite KPPU ruling

French-based retail giant Carrefour has questioned the results of a Business Competition Supervisory Commission's (KPPU) study one month before the commission issues a verdict on the firm’s alleged monopolistic practices.

Opportunities to Start Supermarkets Still Open

– The opportunity for investors to launch new supermarkets in Surakarta is still open. “If they want to open supermarkets in the northern area, we can still grant them permits,” said Surakarta Mayor, Joko Widodo, yesterday.

Govt to limit coal exports to 150 million tons/year

Jakarta (ANTARA News) - The government plans to limit coal exports to 150 million tons per year in order to ensure fulfillment of increasing domestic demand, a minister said here on Wednesday.Energy and Mineral Resources Minister Purnomo Yusgiantoro said domestic need for coal following the...