Indonesian Political, Business & Finance News

Archive: 12 July 2010

8 articles found

A Tale of Two Surveys: Polls On Economic Future Differ

Two surveys have given opposing pictures of Indonesian consumer sentiment, with one reporting growing optimism on the back of recent salary bonuses for civil servants, while another showed pessimism as rising food prices discouraged spending.

Indonesia to Change the Face of the World

VIVAnews - Vice President Boediono pointed out Indonesia’s crucial role in the next decades to the members of Muhammadiyah on Thursday. According to the economic professor from Universitas Gadjah Mada, Indonesia is in the center of historical movement.

Export Business May Apply Transfer Pricing

VIVAnews - The Directorate General of Taxes reveals that companies in Indonesia that administers export trade and controlled from overseas could potentially carry out transfer pricing. The businesses include automotive, mining and palm oil products.

Malaysia Interested in Water Factory

TEMPO Interactive, Surakarta:Malaysia plans to invest in building a bottled water factory in Surakarta. The Malaysian International Trade and Industry Committee said this on Wednesday night and they are ready to invest Rp200 billion.

Businessmen must calculate impact of electricity price hike

Jakarta (ANTARA News) - Trade minister Mari Elka Pangestu called on businessmen here on Friday to carefully calculate the direct impact of the recent power price hike. She said after attending a meeting on macro-economy led by vice president Boediono "if the average hike is ten percent and the...

Star-rated hotels in E Nusa Tenggara see 60.08% occupancy rate

Kupang, E Nusa Tenggara (ANTARA News) - Star-rated hotels in East Nusa Tenggara province saw a more than 4 percent increase in their occupancy rate to 60.08 percent in May from a month earlier. The occupancy rate of star-rated hotels in the province rose to 56.06 percent in March, 56.

Bank BNI to focus on favored industries

Jakarta (ANTARA News) - Bank BNI Director Gatot M Suwondo said his bank in the next two years would focus on the financing of favored industries in the regions. "We are now studying the conditions of selected industries in every region in the country that we believed could receive our facilities,"...

Bengkulu`s annual CPO production reaches 1.8 million tons

Bengkulu (ANTARA News) - The Sumatran province of Bengkulu is able to produce 1.8 million tons of crude palm oil (CPO) this year, an increase of 25.3 percent from that a year earlier, a regional official said.