Indonesian Political, Business & Finance News

Archive: 18 February 2009

11 articles found

Foreign firms renew orders for $990M shoe supplies

Five multinational companies have renewed orders for Indonesian shoemakers to supply shoes valued at $990 million until July this year, Asia Pulse reported on Friday. Fila, Adidas, Nike, Reebok and Diadora earlier cancelled the orders on global economic slowdown, Eddy Widjanarko, chairman of the...

Rp4T to be injected for new infrastructure body

The government, in concert with the World Bank and Asian Development Bank (ADB), plans to inject up to Rp4 trillion ($340 million) into a special body that will provide loans to investors interested in developing long-term infrastructure projects, a senior government official said on Tuesday, The...

Indonesia`s per capita income up 24% in 2008

Jakarta, (ANTARA News/Asia Pulse) - Indonesia's per capita income rose 24 per cent to US$2,271 in 2008 from US$1,942 in 2007 with Gross Domestic Product at Rp4,954 trillion (US$450 billion) based on current prices.Last year, the country's GDP based on constant prices of 2000 reached Rp2,082.

No, You Don’t Have to Buy Indonesian, But Please Do

Trade Minister Mari Elka Pangestu on Tuesday reassured reporters that the central government would not be issuing a decree forcing civil servants only to buy domestically made products. She is, however, pursuing a government-sanctioned campaign to encourage the use of Indonesian products.

Crisis-hit Indonesian malls have plenty of visitors, few sales

Crisis-hit Indonesian malls have plenty of visitors, few sales AFP/File – Visitors of a mall enjoy music at a café as part of its strategy to attract shoppers in Jakarta, on …JAKARTA (AFP) – With opulent attractions from children's rides and slippery slides to faux-European boulevards, the...

Monsanto starts India GM corn trials, eyes Indonesia

SINGAPORE - Monsanto (MON.N), the world's biggest seed company, has started field trials for genetically modified corn in India, but it could take a few years for the seeds to be ready for a commercial launch, company executives said on Tuesday.

/Chevron Mulls Deepwater Indonesia Gas Project

Chevron Corp will decide whether to move to the final design of the deepwater Kutai Basin natural gas project off Indonesia's East Kalimantan province by year-end, the U.S. major oil firm said on Tuesday.

Consumer sentiment remains strong but jobs need protection

Debnath Guharoy, Consultant Last week's update reported the relative calm in Indonesia's fast moving consumer goods industries.The basket of five "essentials" reflecting all-weather products are still faring well, though there is strong evidence of downtrading in some categories,...

Government offering 15 geothernal fields for power bids

The government is to soon offer 15 geothermal fields up for power development tenders expected to generate a total of about 1,500 MW (megawatts) of electricity requiring a total investment of US$ 4.5 billion.

Summary of Indonesia Import Trade Restrictions (Decree 56/2008)

English translation of import restrictions imposed by the Minister for Trade.Trade Decree 56, signed on 24 December 2008, supersedes Decree 44. Trade Decree 56 is similar to Decree 44 in terms of the introduction of new import procedures for five broad categories of products, namely: * Electronics*...

Tangerang To Go for Hydroponic Agrobusiness

Originally Posted By: KuKuKaChuyou could use external supports quite easily; guy wires, stakes, etc. also, hydroponic plants typically grow very shallow and fibrous roots. also, they could be "dwarfed" using hard pruning. Shut ya blud clart mout Kuku mon .]