Indonesian Political, Business & Finance News

Archive: 26 July 2010

11 articles found

Analysis: Indonesia: Energy on the boil

Indonesia is to tap into vast reserves of geothermal energy to help meet its power needs for coming decades, with plans to invest more than US$10 billion over the next 15 years in the renewable power source.

Five places to invest before you retire

While the start of this year was all about the misery of the PIIGS, the rest of the year is likely to focus on the mastery of the STINC. That would be Singapore, Thailand, Turkey, Indonesia and Chile, five under-appreciated corners of the earth unsullied by over-spending, over-confidence and...

Agriculture needs prompt adaptation

Recently, we witnessed an outcry from households in our country due to prices on some agricultural commodities, especially peppers reaching up to Rp 50,000 (around US$5) per kilogram. The astronomical price increase was caused, among others, by reduced supply due to crop failure as looming climate...

Indonesia to Produce Cheap Sedans

TEMPO Interactive, Jakarta:Trade Minister M.S. Hidayat has said that the government is conceiving the idea of producing cheap cars domestically. The sedan will be a low cost green car and will be marketed at the price of around Rp80 million.

VP: halal certification must not burden industries

VP Boediono. (ANTARA News) Jakarta (ANTARA News) - Vice President Boediono said halal certification of domestic products and services should not be burdensome or harmful to industries. "The awareness of products and services must belong to all parties and all stakeholders and therefore the halal...

VP: national automotive industry not yet competitive

Jakarta (ANTARA News) - Vice President Boediono said THE national automotive industry was not yet competitive compared to those in other countries. "We have been developing an automotive industry in the country for a long time but until now it remains unable to compete with similar industries...

Pulau Baai pier development needs Rp36.6 billion

Bengkulu (ANTARA News) - The construction of Nusantara I pier of Pulau Baai port of Bengkulu needs a fund of more than Rp36.6 billion, an official of the local port operator said. "The construction of the pier is expected to be completed late this month and operated in September," Manager of...

Govt urged to encourage renewable energy consumption

Jakarta (ANTARA News) - The Energy Care Society (MPE) urged on Sunday the government and the House of Representatives (DPR) to encourage the use of renewable energy as an alternative to fossil fuel. "The government and the DPR need to issue a regulation to lay a firm basis to change fossil fuel`s...

Demand for rattan-made products declining: YRI

Jakarta (ANTARA News) - Less directed rattan export policy and declining demand for rattan products in domestic and world markets are threatening the sustainability of the rattan business in the country, Indonesian Rattan Foundation (YRI) chairman Lisman Sumardjani said.

$600m Lombok Mega-Resort Tender Results Slated for May

...and on and on and on....

$600m Lombok Mega-Resort Tender Results Slated for May

From Jakarta Globe Lombok Resort Still on Track: Emaar Jakarta. Dubai-based property developer Emaar Properties has again been forced to deny it has pulled out of a $600 million resort project on the island of Lombok, which has been idle for years.