Indonesian Political, Business & Finance News

Archive: 23 April 2009

11 articles found

Government re-launches Love Indonesia program

I have already bought the T-shirt.

Indonesia attracted $2 bln in foreign capital in Q1

Jakarta (ANTARA News) - As much as US$2 billion in foreign capital funds flowed into Indonesia during the first quarter of 2009, reflecting a recovery of investors` confidence in the country, a minister said.

Indian Firm Seeks to Buy More Indonesian Oil Palm Plantations

Singapore. KS Oils, one of India’s major edible oil companies, is considering the purchase of more oil palm plantations in Indonesia as part of its strategy to secure crude palm oil supplies for its fast-growing market, a company official said on Tuesday.

Government re-launches Love Indonesia program

The government has re-launched "Cinta Indonesia" (Love Indonesia) program to induce people on using more Indonesia -made products."Many Indonesian, especially the upper class people, are reluctant to buy Indonesia products because they think the products have less quality than...

Investment in railways is like a train that is nearly always late

Andhika Suryadharma, Research Analyst Mass rapid transportation facilities in Indonesia remain undoubtedly inadequate and underutilized.Recently, a friend told me about a trip to Surabaya when he was forced to make a stop in Semarang station in order to use the bathroom as the toilet on the train...

RI to hold Indonesian products exhibition

Mustaqim Adamrah, The Jakarta Post, Jakarta The government will hold an exhibition of a wide range of Indonesian products on May 13 through 17.The exhibiton, organized by the Industry Ministry, will display, among others, capital goods and heavy equipment, the ministry's secretary-general Agus...

Handicraft exports down eight percent on sluggish demand

The Jakarta Post, Jakarta The total value of handicraft exports dropped by eight percent last year due to a slowdown in global demand for Indonesian products, Trade Ministry says.Trade Minister Mari Eka Pangestu said in Jakarta Wednesday that the handicrafts export in 2008 had plummeted to US$ 570...

ITS develops alternative fuel from waste, tides

Surabaya's 10 November Institute of Technology (ITS) will focus on developing alternative fuels from the marine sector in an effort to anticipate the energy crisis in Indonesia.Besides developing biofuel from Jatropha and rubber seeds, ITS will also process banana and plastic waste into ethanol as...

Dreaming of Cheap Cars

And Tempo editorializes that putting more cars on the streets would be a dumb idea.Cheap Cars For What?EditorialTempo Magazine No. 34/IX | April 21-27, 2009Given the current state of the infrastructure, cheap cars are the last thing we need. Public transport is more important.

Dreaming of Cheap Cars

Originally Posted By: TempoUnfortunately, local investors are not yet interested in producing such cheap cars. “We’ve approached them…It seems they’re concerned about the risks, because car manufacturing requires large investments,” said Budi.

Dreaming of Cheap Cars

Dreaming of Cheap Cars for the WorldTempo Magazine No. 34/IXApril 21-27, 2009The government wants to turn Indonesia into the world’s cheap-car production base. Incentives will be provided, but there will be several constraints.