Indonesian Political, Business & Finance News

Archive: 24 February 2009

8 articles found

Indonesia and The Netherlands to Cooperate in Legal Sector

TEMPO Interactive, Jakarta:Indonesia and the Netherlands have agreed to the signing of an MoU in the legal sector.The MoU was signed by Indonesian Justice and Human Rights Minister Andi Mattalata and the Netherlands’ Justice Minister E.M.H. Hirsch Ballin in Jakarta yesterday (23/2).

Banten Targets Rp10.8 Trillion Investment

TEMPO Interactive, Serang:The Banten Province is targeting Rp10.8 trillion in investments from foreign or national companies.Muhamamd Husni Hasan, Regional Investment Coordinating Board (BKPMD) chairman, said he was convinced that investors’ interest in the province was still high.

Japan Mulls Importing More Indonesian Textiles

Japan Mulls Importing More Indonesian Textilesby Dian AriffahmiJapan is looking to Indonesia to supply more textiles and clothes in an effort to reduce its dependence on Chinese exports, a senior Japanese official said on Monday.

Minister Expects Higher Mineral Output This Year

Indonesia is prepared to literally dig its way out of its fiscal problems, aiming to increase production of all its key mining products, including gold, copper and nickel, Energy and Mineral Resources Minister Purnomo Yusgiantoro told legislators on Monday.

PGE Going Geothermal in Lahendong

Lahendong, North Sulawesi. PT Pertamina’s geothermal subsidiary plans to invest $90 million in geothermal-fired power plants producing 40 megawatts of power in Lahendong, North Sulawesi Province, by 2012, Abadi Poernomo, the president director of PT Pertamina Geothermal Energy, or PGE, said on...

Indonesia clamps down on steel imports to protect local market

JAKARTA, Feb 20 (Reuters) - Indonesia has issued a regulation to protect its domestic steel industry from illegal steel imports, officials said on Friday, at a time when the government it promoting local goods to drive economic growth.

Pride and economic sustainability

When will Indonesia have a globally recognized internet and technology company? This is a difficult question to answer, because our governments have focused mostly on the natural resources sector. Many incentives and initiatives backed by the government are directed to the energy and agriculture...

Import duties varied to help real sector

Aditya Suharmoko, THE JAKARTA POST, JAKARTA The government has accelerated the planned revision of import duties for certain group of products to help protect Indonesia’s real sector from the negative impact of the global economic crisis, the Finance Ministry said in a statement Friday.