Indonesian Political, Business & Finance News

Archive: 16 October 2009

5 articles found

Investment up 400 percent under Yudhoyono

Under President Susilo Bambang Yudhoyono’s watch, the total capital expenditure of state firms reached Rp 128 trillion, nearly a 400 percent increase compared to the previous government leadership, and is expected to continue growing.

National oil management reforms imperative

There are at least three reasons why the structure of the national oil industry today requires reform by improving or substituting the 2001 Law on Oil and Gas.First, the application of this oil and gas law has proven to be highly unprofitable for the state.

Kadin wants postponement of RI-Australia FTA`s signing

Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) has asked the government to postpone the signing of a free trade agreement (FTA) with Australia until domestic industries were in a stronger bargaining position.

Businessmen demand Batam administration remove regulation on newcomers

The Riau branch of the Indonesian Employers Association (Apindo) has demanded the Batam administration remove a regulation limiting the number of newcomers claiming it will restrict the number of qualified workers needed on the island.

Fruit Growers Say Indonesia's New Rules Costly

Fruit growers say they are opposed to the Agriculture Ministry’s plan to introduce new rules next month to control the quality of fresh agricultural produce, arguing the move is unrealistic given current conditions in Indonesia’s agribusiness sector.