Indonesian Political, Business & Finance News

Archive: 3 June 2010

8 articles found

Bali is Bursting at the Seams

Quoting: biznews Kirmanto also promised that the Serangan bridge project and Simpang Siur overpass would be seriously examined by his office. ♬ We're in the money ♫

Bali is Bursting at the Seams

Bali's Governor: Island's Infrastructure Under Intense Strain. Bali is drowning in its own popularity. Traffic jams, virtually unheard of 10 years ago, are an increasingly common facet of daily life on the island. As reported by The Jakarta Globe, Bali's governor used a recent visit by Vice-President Boediono to ask for more funding to repair and supplement Bali's sagging road transportation system. Pastika said: "The infrastructure we currently have in place is insufficient.

Cruise Ship Abandons East Bali Anchorages

Authorities Failure to Address Complaint of Insufficient Draft for Ships' Tender Operations in Karangasem Cause Cruise Ship to Shift Bali Operations to Benoa Harbor Anchorage. Karangasem regency is expected to suffer a loss of Rp. 200 million (US$21,800) each month from its tourism economy due to a decision by Costa Cruise Lines to bypass anchoring at Labuan Amuk in favor of anchoring outside Benoa Harbor on the island's south.

Bali New Zoning Laws in a Sate of Confusion

Bali's Regencies Resist Governor's Efforts to Bring Order and Regulation to the Island's Zoning Practice. Although Bali has approved a new and comprehensive Provincial Zoning Plan (RTRWP), violations of the new rules are rife due to resistance by island officials to relinquish their personal power to grant exemptions or, at the very least, ensure the stated rules are selectively enforced.

Two Foreign Nationals Facing Prison for Involvement in Bali Property Fraud

(6/1/2010) Christopher James Forbes and Angus Knowles Jackson, accused on involvement in a US$195,000 fraudulent property deal are facing the possibility of 2.5 years in prison if prosecutors sentencing demands are met by the Denpasar Court. Radar Bali says that the sentencing demands by prosecutors before the panel of judges on Thursday, May 27, 2010, declared that the two men had been proven to have jointly committed property fraud and, as such, should spend 2.5 years behind bars.

Microsoft: Indonesia Is Better Than China

Chinese intellectual piracy is driving out foreign business. Last week Steve Ballmer said his company saw less potential in China than either in Indonesia or India. Why? The piracy of software. "There are two things that make a country interesting," said the Microsoft chief executive. "One is it buys a lot of PCs, the other is they pay for the software that gets used on those PCs." Said Ballmer about China: "There is no software market to speak of." Of course there isn't.

VP launches "oil palm for people"

Yogyakarta (ANTARA News) - Vice President Boediono here on Wednesday launched an Oil Palm for the People Program designed to improve the oil palm industry`s structure from upstream to downstream. The vice president made the declaration by granting palm oil prime seedlings to representatives of farmers from Aceh and Bengkulu provinces on the sidelines of the International Oil Palm Conference 2010 (IOPC 2010).

Indonesia in Top 3 of Asia’s Most Inefficient Bureaucracies

Singapore. Indonesia, India and the Philippines have Asia’s most inefficient bureaucracies, with red tape a blight to citizens and a deterrent to foreign investment, a new survey has said. Regional financial centers Singapore and Hong Kong had the most efficient bureaucracies, according to a survey of expatriate business executives released by the Political and Economic Risk Consultancy on Wednesday.