Indonesian Political, Business & Finance News

Archive: 21 June 2009

5 articles found

Jalan Tengah Economy

Middle Path sometimes is considered equivocal, undecided, in doubt or deliberately deceptive. But Middle Path is also considered the wisdom of Confucius. As Mencius so aptly says, "Confucius did not go to the extremes." Anthony Giddens calls it "third way". In Indonesia, president candidate SBY calls it jalan tengah to counter the attacks of neoliberalism label classified by Giddens as "second way".

Transport Association Condemns Private Villa Transport

Transport Association Chief Says Unless Government Takes Action Against Illegal Tourist Transport His Members May Stop Renewing their Vehicle Permits. (6/20/2009) The Chief of the Tourism Transport Association (Pawiba), Bagus Soediana, told BisnisBali that he deeply regretted the growing fleet of unlicensed vehicles serving hotels and commercial villas in Bali.

Bali Braces for Higher Electricity Rates

New Electricity Regulations Will See People Paying More for Electricity in Java and Bali than in Other areas of Indonesia. (6/20/2009) Electricity rates for customers on the Indonesian islands of Java and Bali are likely to be higher than elsewhere in the Republic if current plans to introduce regional electrical tariffs are enacted by the government.

August may see implementation of new regulations

Alfian, The Jakarta Post, JAKARTA The Energy and Mineral Resources Ministry said Friday it expects to submit a draft on the implementing regulations of the new mining law for final approval from the president in August. Bambang Gatot Ariyono, director for coal and minerals utilization for the ministry, said the draft had been finalized and was currently being evaluated by related government departments, particularly the Finance Ministry and Forestry Ministry.

Beefing about Indonesia

Duncan Graham In the slightly less polluted suburbs of Jakarta and other big Indonesian cities, restaurants specialising in beef dishes are doing well, particularly those serving steaks from New Zealand and Australia. It’s another sign of the growing prosperity of the middle classes, their discriminatory palates and smart marketing; the flashing signs outside the eateries are usually in English (for snob value) and often stress the breed of beast customers will allegedly consume.