Indonesian Political, Business & Finance News

Archive: 19 February 2009

6 articles found

Talks explore free trade agreement with Indonesia

The Trade Minister, Simon Crean, will today meet Indonesian officials in a bid to open up trade between the two countries.Mr Crean says he's concerned by the increasing number of countries moving towards protectionism.

Furniture Makers Want Cash, Not Tax Cuts

A leader of Indonesia’s furniture and craft industry, one of the world’s biggest, complained on Wednesday that the government’s plan to provide the industry with tax incentives would not be effective, saying instead that most of the companies involved needed direct cash infusions if they were...

Indonesia reopens peatland to palm oil plantation

• Government says tighter controls on peatland permits have been set• Campaigners warn of rise in greenhouse gas emissions from land clearanceIndonesia today acknowledged it had quietly lifted a year-long freeze on the use of peat land for palm oil plantations, fuelling fears of a rise in...

Chevron to decide big investment in 2011

US-based energy giant Chevron Corp. may come up with the final investment decision to develop Indonesia's first deep-water gas project off East Kalimantan as early as 2011.Meanwhile the government hints that this expensive project may get privileged exemption from the regulation which requires all...

2009 Infrastructure: Time to press the accelerator pedal

Andhika Suryadharma, Analyst The Indonesian Investment Coordinating Board recently stated there are three industries expected to be the prime driving force behind investment in 2009: Agriculture, energy and infrastructure.

RI CPO exporters seek to comply with EU certification rules

The Jakarta Post, Jakarta Indonesia's crude palm oil (CPO) exporters are preparing themselves to have their products meet the "sustainable certification" requirement.This requirement is soon to be applied in international markets, and Indonesian exporters need to comply so as not to lose...