Indonesian Political, Business & Finance News

Archive: 27 February 2009

9 articles found

Government sets Rp 90 trillion to promote local products

Businesses may see Rp 90 trillion (US$7.5 billion) in extra demand for domestic products this year, as the government intensifies efforts to bolster the local market amid rapidly declining global demand.

Mining law digs up new doubts

Alfian, The Jakarta Post, JAKARTADespite the enactment of the new mining law, Indonesia will probably continue to suffer from a prolonged investment drought in the mining sector, a survey suggests.A recent survey by mining industry consultants PricewaterhouseCoopers (PwC) shows investors conclude...

New Idea to Boost Economy: Should Police Wear Batik? The Minister of Industry is sticking to his gu

And use local laptops - i forget the brand, jesus what a shocker.

New Idea to Boost Economy: Should Police Wear Batik? The Minister of Industry is sticking to his gu

They should also all be made to drive Indonesian cars and use Indonesian mobile phones.

Indonesia still on radar of Malaysian planters

It remains the choice location for oil palm cultivationPETALING JAYA: The current low crude palm oil (CPO) prices and global economic slowdown will not hinder most Malaysian plantation companies from acquiring additional green fields or existing oil palm plantations in Indonesia.

Indonesian Biofuels Subsidy Row

ImageThe world's biggest producer of palm oil can't get it together to make biofuelsThe Indonesian government, confronted with a collapse in demand for biofuels and resistance from the state energy company Pertamina to continue to sell biofuels at a loss, is attempting to push a proposal through...

National or Global Interest?

ImageIndonesia's macro performance doesn't look that bad – but keep protectionism at bayIndonesian Industry Minister Fahmi Idris and Trade Minister Mari Pangestu are having a row about shoes. Neither of them wants to be in the other one´s shoes but both are treading on each other's feet.

New Mining Law Making Straits Asia Suitors Skittish

Preliminary bids for a stake in Indonesia-focused coal miner Straits Asia Resources are due this week, but interest among buyers is ebbing as the deadline looms, deal makers said.Among the worries are questions about Indonesia’s new mining laws.

New Idea to Boost Economy: Should Police Wear Batik? The Minister of Industry is sticking to his gu

The Minister of Industry is sticking to his guns about a government policy that requires civil servants to wear Indonesian- made clothing and footwear, despite criticism that the scheme is unfair and unworkable.