Archive: 12 February 2010
11 articles found
Fri, 12 Feb 2010, 21:51 WIB
Indonesia Issues Regulations To Allow Mining Licensing -Official
JAKARTA -(Dow Jones)- Indonesia has issued two regulations that will allow investors to start applying for mining permits and for the government to tender mining areas under the Mining Law passed in December 2008, a government official said Friday.
Fri, 12 Feb 2010, 21:50 WIB
Indonesia Gives Tax Incentives For Renewable Energy Investment
JAKARTA -(Dow Jones)- Indonesia introduced tax incentives to attract investment in renewable energy as the former member of the Organization of Petroleum Exporting Countries seeks to reduce reliance on fossil fuels, the Finance Ministry said Friday.
Fri, 12 Feb 2010, 21:50 WIB
Sriboga threatens to relocate to Australia
Flour producer PT Sriboga Raturaya has threatened the government that it may relocate to Australia because of a prolonged decision to impose punitive tariffs on Turkey flour despite the completion of dumping investigations.
Fri, 12 Feb 2010, 14:48 WIB
Indonesia’s old guard stalls Yudhoyono’s reforms
Susilo Bambang Yudhoyono, the Indonesian leader, should be riding high after victories for himself and his party in last year’s presidential and legislative elections and sustained economic growth through the global financial crisis.
Fri, 12 Feb 2010, 14:46 WIB
‘Bureaucracy’ Behind Indonesian Police Closure ITM Coal Mine in Kalimantan
Indonesian police have temporarily shut down the Jorong coal mine in South Kalimantan, which is owned by PT Indo Tambangraya Megah, the country’s fourth-biggest coal miner, since late last week because it does not have a valid permit.
Fri, 12 Feb 2010, 14:45 WIB
PT Subsea Services Indonesia Open for Business in SE Asia
The parent company of Offshore Joint Services (OJS), Subsea Services International, has formed a new Indonesian subsidiary. The new company, PT Subsea Services Indonesia will house OJS's operations in Indonesia as well as those of other future group companies.
Fri, 12 Feb 2010, 14:44 WIB
Turkey is Potential Export Market
TEMPO Interactive, Jakarta:Aip Syarifudin, the Turkish Indonesian Trade Associations (TITA) co-chairman, said the export potential for Indonesia’s oil and gas as well as non-oil and gas industry to Turkey is open wide.
Fri, 12 Feb 2010, 14:43 WIB
The half-baked policies
The promulgation of government regulations on the security of coal and natural gas supplies for domestic needs was one of the programs on the agenda for the administration’s first 100 days in office - which ended late last month. The program was carried out well.
Fri, 12 Feb 2010, 14:35 WIB
Jamsostek Plans to Give Indonesia ‘Workers Bank’ With New Unit
Social security provider PT Jaminan Sosial Tenaga Kerja said on Thursday that it plans to transform a Shariah unit of PT Bank Bukopin into a bank catering to its 8.4 million members after its acquisition of a majority stake in the bank is completed this year.
Fri, 12 Feb 2010, 14:34 WIB
External Factors Seen as Threats to Indonesia's GDP Growth
External factors still pose a threat to growth despite the country’s robust economic performance through the global downturn, Finance Minister Sri Mulyani Indrawati warned on Thursday. Sri Mulyani said the government had no immediate plans to revise its 5.5 percent growth forecast for this year.
Fri, 12 Feb 2010, 14:33 WIB
Stop-Gap Measure to Provide Indonesia With Electricity
State electricity company PT Perusahaan Listrik Negara will rent hundreds of diesel and oil-powered electricity generators to alleviate power shortages in some outlying provinces. Renting the generators was an “emergency measure” to help quickly resolve the shortages, PLN president director...