Indonesian Political, Business & Finance News

Archive: 23 June 2009

6 articles found

Emaar and Indonesian Government extend JV to develop The Lombok Project by six months

Quoting: Jungle George In a perverted sort of way, this Lombok Project fits perfectly the Arabs and the Indonesians. Both are Muslims, both like to pretend they lead a life according to the Koran, and both like to find a safe place to get away and drink, party and monger with pretty girls. One mongs iron. One mongs fish. Does one mong girls? (No, deaf girls don't count - you know who you are.)

Emaar and Indonesian Government extend JV to develop The Lombok Project by six months

In a perverted sort of way, this Lombok Project fits perfectly the Arabs and the Indonesians. Both are Muslims, both like to pretend they lead a life according to the Koran, and both like to find a safe place to get away and drink, party and monger with pretty girls. What a better place that some obscure corner of a secluded island in Indonesia? The government controls over 2000 hectare - so no problem acquiring the land.

Emaar and Indonesian Government extend JV to develop The Lombok Project by six months

1. Follows meeting of Government and Emaar International representatives in Dubai 2. The Lombok Project is a mixed-use resort-style development The Indonesian Government has extended the joint venture between Emaar Indonesia and PT Pengembangan Pariwisata Bali (Persero), a government entity, to develop The Lombok Project by six months. This followed a meeting between the representatives of the Indonesian Government and Emaar International in Dubai.

Number of taxpayers jump to 14m in May

Aditya Suharmoko, The Jakarta Post, Jakarta The number of taxpayers stood at 14.1 million in May, a jump from 10.6 million at the end of 2008, indicating an increasing awareness of people to pay tax, according to the tax office. The tax office has provided incentive and disincentives to taxpayers in order to attract new taxpayers, tax office chief Darmin Nasution said Monday.

Cool response seen to new Indonesia CPO contract

JAKARTA, June 22 (Reuters) - Indonesia is due to launch on Tuesday a physical crude palm oil contract, but low volumes and a lack of transparency will crimp the move to establish a new benchmark in the world's top producer, traders said. The new contract on the Jakarta Futures Exchange will have to compete with entrenched Malaysian palm oil futures and CPO cash prices in Rotterdam, Europe's vegetable oils market.

Indonesia`s CPO exports down 54 percent: Greenomics

Jakarta (ANTARA News) - Indonesia`s crude palm oil exports dropped 54.02 percent in the first three months of 2009, compared with the same period last year. The executive director of Greenomics Indonesia. Elfian Effendi, said in a press statement received here on Monday that the country`s income from CPO exports continued to drop by US$1.07 billion. In terms of volume however the CPO exports only declined 11.2 percent, he said.