Indonesian Political, Business & Finance News

Archive: 3 August 2010

11 articles found

Manpower minister promises to rearrange outsourcing system

Minister of Manpower and Transmigration Muhaimin Iskandar promised on Monday to rearrange existing outsourcing work contract system because the system was considered to cause losses on the part of the workers.

Key political risks to watch in Indonesia

JAKARTA Aug 2 (Reuters) - Indonesia is attracting enormous emerging market investor interest, partly thanks to President Susilo Bambang Yudhoyono's market-friendly reforms.That trajectory, however, is imperilled by vested interests who stand to lose out if measures aimed at increasing transparency...

Japan to Build Biofuel Plant in East Java

TEMPO Interactive, Jakarta: Japan has pledged a US$16 million assistance in form of machinery, equipments, and working capital for Indonesia to develop biofuel production of byproducts from sugar industry in the country, the Industry Department said, which is expected to pave way for a similar...

Maluku Expo serves as investment gate

Ambon, Maluku (ANTARA News) - The Maluku Expo 2010 will benefit Maluku province and could serve as a gate for the entry of investment for its economic development, a vice minister said."The presence of 169 handicraft product stands in the Maluku Expo arena is proof the rapid growth of...

Lampung`s seaweed exports down

Bandarlampung (ANTARA News) - Lampung province`s seaweed exports over the past six months were recorded at US$6,225 only with a volume of 34.86 tons."The seaweed exports declined both in term of values or volumes respectively by 94.12 percent and 59.

Bali exports 7.1 tons of coffee

Sunday, August 1, 2010 16:20 WIB | Economic & Business | | Viewed 448 time(s)Denpasar, Bali (ANTARA News) - The Indonesian tourist resort province of Bali exported 7.1 tons of coffee worth US$58,645 in the five period of January-May 2010, a regional government spokesman said.

Indonesia exports down 2.87 pct in June

Jakarta (ANTARA News) - Indonesia`s exports in June 2010 fell 2.87 percent to US$12.29 billion from a month ago on a decline in oil and gas exports, the Central Statistics Agency (BPS) said.However, compared to the same period last year, Indonesia`s exports in June 2010 rose 31.

Tourist arrivals up 14 pct

Jakarta (ANTARA News) - More than 3.38 million foreign tourists visited Indonesia in the first half of 2010, up 14 percent from the same period last year, the Central Statistics Agency (BPS) said.In June 2010 alone, more than 613.4 thousand foreign tourists visited the country, an 11.

Auto industry grows 26.15 pct in second quarter

Jakarta (ANTARA News) - Indonesia`s auto industry grew 26.15 percent in the second quarter oF 2010 compared to the first quarter, according to the Central Bureau of Statistics (BPS).The auto industry`s growth in the second quarter of 2010 was higher than the average growth of medium and big...

Rupiah Blamed for Slowdown In Exports

The country’s exports for June slowed partly as a result of the stronger rupiah and a fall in some commodity prices, analysts have said.The Central Statistics Agency (BPS) announced on Monday that exports for June were worth $12.29 billion, a 31 percent increase year-on-year.

Trade With Malaysia Bouncing Back To Pre-Crisis Levels, Minister Says

Jakarta. Indonesian Trade Minister Mari Elka Pangestu is optimistic two-way trade with Malaysia will rebound to $15 billion this year - its level before the global financial crisis - thanks to strong commodity prices and the improving economies of both countries.