Indonesian Political, Business & Finance News

Archive: 25 September 2009

6 articles found

Jakarta policies reveal pitfalls of fuel subsidies

When Susilo Bambang Yudhoyono, the Indonesian president, opens a Group of 20 summit discussion on how to reduce fuel subsidies while protecting the poor, he will have first-hand experience to draw on.In October 2005 and May 2008 he increased subsidised fuel prices by 126 per cent and 29 per cent...

Is economic terrorism a threat to S.E. Asia?

SINGAPORE, Sept 24 - If the suicide bombers who targeted two luxury hotels in Jakarta this year hoped their attacks would strike a significant long-term blow against Indonesia's economy, the reaction of financial markets suggests they were wrong.

House to Strip Mandatory Halal Certification From Bill After Strong Protests

Abill being deliberated by the House of Representatives looks set to be stripped of contentious provisions that would have required halal certification of consumer products by the Religious Affairs Ministry, after strenuous protests by the business community and the Indonesian Council of Ulema...

Government Approve Halal Guidelines Distribution By Council of Clerics

TEMPO Interactive, Jakarta: The Indonesian Council of Clerics have been given the green light to distribute halal certification guidelines for importer located outside Indonesia, to tackle the absence of halal certification agency, the Coordinating Ministry for the Economy said on Thursday.

Ceramic Industry Seek Delay For Higher Electricity Tariff

TEMPO Interactive, Jakarta: The government's plan to hike electricity tariffs next year has drew more response from industries, with the latest came on Thursday from the Indonesian Ceramic Industry Association.

S Sulawesi, S Korea discuss future trade cooperation

Makassar, South Sulawesi (ANTARA News) - Some 28 entrepreneurs from South Korea had a talk with South Sulawesi`s authority about cooperation in trade sector, South Sulawesi Governor Syahrul Yasin Limpo, stated here on Thursday.