Indonesian Political, Business & Finance News

Archive: 3 February 2010

9 articles found

Court to Study Request For Review Laws Managing Indonesia's Coasts

The Constitutional Court will conduct a preliminary hearing today to examine a request for a judicial review of the Coastal Zone and Small Island Management law of 2007, which traditional communities claim could threaten their economic livelihoods and the sustainable management of coastal areas.

Recovery in Indonesian Mining Sector Expected To Boost Sales, United Tractors Says

PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year thanks to rising demand from the mining sector. “We have seen a recovery in the mining business.

RI becomes Toshiba production hub for Asia

Japanese electronics giant Toshiba has chosen Indonesia as the company’s regional production hub for liquid crystal display (LCD) television sets and has relocated its Vietnamese factory to Indonesia.

Hopes up for condo market liberalization

Property analysts expect the condominium market to benefit this year from a revision to government regulations that will allow an extension of foreign ownership from 25 years to 70 years. The expectation follows a statement from Public Housing Minister Suharso Monoarfa earlier last month, promising...

Ministry seek to tighten optical disc import

The Industry Ministry plans to employ tighter regulation for the import of blank optical discs and also machines, tools and ingredients needed in the discs production, a director general said Wednesday.

Exports expected to recover in 2010 : minister

Jakarta (ANTARA News) - Finance Minister Sir Mulynai Indrawati said there were indications that the trade sector, particularly exports, would recover along with the general economic recovery this year. "The latest figures show indications of recovery in the export sector," the minister said at a...

Staff: Acfta mere legalizing smuggled products from China

Jakarta (ANTARA News) - A finance minister`s expert staff, Chatib Basri, said the implementation of the Asean-China Free Trade Agreement (ACFTA) should not cause fear as what would happen is the smuggled products from China is legalized.

Govt told to immediately deal with Chinese products

Jakarta (ANTARA News) - Economic observer Farial Anwar said the government has been asked to immediately overcome the entry of Chinese products into Indonesia by issuing new policies, and the situation was one of the impacts of the China-Asean free trade cooperation agreement of January 1, 2010.

Bureaucratic Reforms to be Completed by 2025

TEMPO Interactive, Jakarta:The government has targeted bureaucratic reforms in all ministries and state departments to be completed by 2011. Meanwhile, reforms in all provincial governments are expected to be completed by 2025.