Indonesian Political, Business & Finance News

Archive: 25 August 2009

8 articles found

Indonesia to lift tax revenue

JAKARTA - INDONESIA'S new tax chief said on Monday he would take a tough stance against tax-dodgers in order to raise tax revenues, adding that the largest tax case in Southeast Asia's biggest economy will come to court soon.

‘Demand yet to come into full swing in RI’

The Jakarta Post, SINGAPORE Equinix, a global data management centre provider, is expanding its business in Asia due to the rapid growth of information technology.The US-based company has established Singapore as its IT hub for companies in Southeast Asia to connect regionally and globally.

Indonesia and Korea Discuss Trade and Investment

TEMPO Interactive, Jakarta: The Indonesian Trade Minister, Mari Elka Pangestu, held a bilateral meeting with Korean Trade Minister, Kim Jong Hoon, to discuss bilateral, regional, and multilateral issues.

Bharat Looks to Bulldoze Rivals With Lower Prices

The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bharat Earth Movers, which has set up an operation in Balikpapan, East Kalimantan.Bharat’s total investment, including a basic assembly plant and after-sales service network, is expected to...

Chinese investors to pour in $200 million

Funding the future: Industry Minister Fahmi Idris (right) with a delegation from China’s Henan province led by Governor Guo Gengmao at a meeting at the Industry Ministry in Jakarta. Six agreements worth US$200 million were signed. JP/R.

Finance Minister Warns Government Over Slumping Investment

TEMPO Interactive, Jakarta: Finance Department told lawmakers on Monday that the government should raise its concern and alert over the latest investment data released by the State Statistics Agency. In a hearing at the parliament's office on Monday, Finance Minister Sri Mulyani said actual...

New bill allows local governments to issue power licenses

The new electricity bill will give full authority to regional administrations whose regions are outside state power company PT PLN's current service areas to issue licenses to local companies to provide electricity, The Jakarta Post reported.

Govt. names eight BWA operators

The Communications and Information Minister on Wednesday named eight operators of broadband wireless access (BWA) in 15 zones across the country, Asia Pulse reported.Development of high speed BWA is expected to result in lower internet tariffs, deputy chairman of the Indonesian Chamber of Commerce...