Indonesian Political, Business & Finance News

Archive: 19 March 2009

13 articles found

Honda to make minivan in Indonesia

What an ironic name given that Jakartan drivers of the "Freed" will instead be trapping themselves in a little metal tin for up to a fifth of their waking lives.

Honda to make minivan in Indonesia

Hmm -- I wonder what they will price this little beast at? I wonder if it will be around the same price as the APV? If it is then I may think about a little swap

Government May Drop Taxes To Spur Refinery Construction

Indonesia, Southeast Asia’s biggest oil importer, is searching for ways to persuade investors to build oil refineries to process the country’s crude supplies, including cutting taxes to zero on construction inputs and income, Energy Minister Purnomo Yusgiantoro said on Wednesday.

Govt to require civil servants to use domestic products

Jakarta (ANTARA News) - The Indonesian government will soon make it obligatory for civil servants, military and police personnel to use domestic products in an effort to improve the performance of national industries.

Mari Pangestu: automotive exports hit hardest

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said Indonesia`s automotive exports had been hit by the current global economic crisis."Exposure of the electronic industry is not too big. Automotive exports will likely be hit the hardest.

Dark times in taxation sector now over, president says

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono asked all sides to let the dark times of taxation in the past be bygones and to enter an era where taxation is managed through a modern administration system.

Honda to make minivan in Indonesia

Japan’s second-largest automaker Honda Motor will make and sell the Freed minivan in Indonesia from June, the model’s first overseas foray, Bloomberg reported.The company also plans to export the Freed from Indonesia to other countries in Southeast Asia by the end of this year, Honda said...

Hutchison to build 3,000 new BTS units

PT Hutchison CP Telecom (HCPT) Indonesia plans to build 3,000 new units of base transceiver station (BTS) bringing the number of its BTS to 9,000 units by the end of this year, Investor Daily reported Saturday.

Obama, Yudhoyono discuss economic crisis

you can just imagine the conversation can't you?SBY: Well we are a poor country and need lots of money to ensure we can continue to be a "moderate" muslim nation. Obama: How much do you needSBY: How much have you got?

Biznet to invest Rp300B in fiber optics

An internet service provider and operator of fiber optic networks Biznet Network said it will invest up to Rp300 billion to build new fiber optic networks in the country this year.Biznet President Adi Kusma said the company will build a total of 500 km of fiber optic networks in Jakarta, Surabaya...

Sinar Mas to build new cooking oil factory

Sinar Mas Group said it will have a new cooking oil factory to start operation in Bekasi in July this year with a capacity to produce 1,000 tons per day, Bisnis Indonesia reported Friday.The new factory will increase the daily production capacity of Sinar Mas to 3,200 tons of cooking oil with crude...

Semen Tonasa to build fifth cement plant

Cement producer PT Semen Tonasa will start construction of its fifth production facility with an annual production capacity of 2.3 million tons in April, Investor Daily reported on Tuesday.The subsidiary of state cement producer PT Semen Gresik now has four factories.

Obama, Yudhoyono discuss economic crisis

US President Barack Obama on Friday spoke to President Susilo Bambang Yudhoyono about the global economic crisis, underscoring warming relations between the two countries.Few details of the telephone call were released but Indonesia recently asked US Secretary of State Hillary Clinton for stand-by...