Indonesian Political, Business & Finance News

Archive: 18 November 2009

6 articles found

Lawmakers grill Mari over feasibility of planned FTAs

Lawmakers have demanded that Trade Minister Mari Elka Pangestu make available the feasibility studies on the proposed free trade agreements (FTAs) following business community concerns that losses may outweigh gains.

Sutanto spearheads BIN’s economic focus

In addition to defense and security matters, the State Intelligence Agency (BIN) has created a new position, an economic deputy, to advise the agency on potential economic threats.Newly appointed BIN chief Gen.

Indonesian Gas Woes Block Fertilizer Investment

Fertilizer firms need more than $6.2 billion from the private sector to upgrade their aging factories but cannot attract the money because of the problems they face in securing a reliable supply of natural gas to keep the factories running, the head of a state fertilizer firm said this week.

Textile Association Hails Extended Hours at Ports

The Indonesian Textile Association on Tuesday hailed the government’s plan to require four major seaports to operate around the clock as part of its commitment to boost trade this year.Ade Sudradjat, deputy chairman of the association, known as the API, said the plan would speed up the flow of...

Indonesia’s Small-Scale Palm Oil Farmers Finding Green Certification Costly

Indonesia’s small-scale palm oil farmers are not acquiring certifications as environmentally friendly producers because it is expensive and certified palm oil does not command a premium on world markets.

Investment may reach Rp2,000 trillion: BKPM

Jakarta (ANTARA News) - Investment in the country may reach Rp2,000 trillion so that the average economic growth target of 7 percent in the coming five years is achievable, the investment chief said."It is not easy to attract an investment of Rp2,000 trillion but it is neither impossible.