Indonesian Political, Business & Finance News

Archive: 28 July 2009

7 articles found

Investors in Jababeka opt to stay despite recent bomb blasts

Foreign and local investors at the Jababeka industrial complex in Cikarang, just outside Jakarta, opted to remain in Indonesia despite the recent bomb blasts in Jakarta that killed nine people and injured more than 50."There is no investor exodus from Jababeka.

Tjiptardjo picked to continue tax office reform

Rendi A. Witular and Aditya Suharmoko, The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono has appointed Mochamad Tjiptardjo, the director of investigation and intelligence at the directorate general of taxation, as the new tax chief.

Jakarta govt to raid illegal electronics

Jakarta (ANTARA News) - The Jakarta administration will conduct a raid on illegal electronics sold at electronic shops and outlets in the capital, an official said.The raid was aimed at protecting domestic electronics producers and importers that pay taxes, head of the Jakarta cooperatives, micro...

Minister: "I Love Indonesia" campaign not protectionism

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said the "I Love Indonesia" campaign launched by the government was not a form of protectionism but a means to promote domestic consumption."This campaign is not a protectionist ploy at all .

RI`s export performance improving

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said that Indonesia`s export performance was improving following the increase in commodity prices and in demand for Indonesian commodities overseas."It can be better than the previous prediction.

Indonesia Sees Significant Rise in ’09 Export Outlook

Rising demand and prices for primary commodities have led the Ministry of Trade to raise its 2009 export projections from a 30 percent contraction to a 15 percent year-on-year decline.Trade Minister Mari Pangestu on Monday said that the recent rise in commodity prices and the impact of economic...

HSBC commits to support Indonesia's SMBs

JAKARTA, July 28 (Xinhua) -- The Hong Kong and Shanghai Banking Corp. Ltd. (HSBC), the world's third-largest bank, is committed to support small and medium business (SMBs) in Indonesia, providing credit to the sector more than requirement of the Bank Indonesia (BI), the central bank, an official...