Archive: 22 August 2009
5 articles found
Sat, 22 Aug 2009
Costly Local Autonomy Has Few Plusses
The central government has again urged a halt to the carving out of new regions throughout the country, warning that the process significantly weighed on the national budget while doing little to improve social welfare standards.
Sat, 22 Aug 2009
Indonesian Government Reveals $9.36b Infrastructure Plans
With the country’s woefully inadequate roads, railways and ports becoming creakier by the day, the government says it wants to spend Rp 93.9 trillion ($9.36 billion) next year on an array of priority projects to address the yawning infrastructure deficit.
Sat, 22 Aug 2009
Alcohol-soaked Bali is running out of booze!
Indonesia News.NetFriday 21st August, 2009 (ANI)Sydney, Aug 21 : In an unusual instance, a British-owned hotel in Bali has reportedly requested its guests to bring in some extra alcohol.After the re-election of Susilo Bambang Yudhoyono as Indonesian president last month, the nation's liquor...
Sat, 22 Aug 2009
Investor protection key under new bill
A planned amendment to the Capital Market Law aims to provide greater protection to investors by, among other reforms, requiring securities firms to separate out any business other than managing investor's funds and promoting the establishment of an insurance fund to help cover investor's risks.
Sat, 22 Aug 2009
Pelindo I inks $500m port development project
State shipping company PT Pelabuhan Indonesia (Pelindo) I inked a joint commitment with private firms and local governments on Thursday on a port development program estimated to be worth US$500 million in total investment.