Indonesian Political, Business & Finance News

Archive: 1 February 2011

11 articles found

Govt ready to open 2 million hectares of farm land

Jakarta (ANTARA News) - The government is ready to open two million hectares of farm land in anticipation of declining food production due to global climate change and extreme climate, a minister said.Agriculture Minister Suswono said here on Friday food-producing countries had of late seen a...

VP optimistic Indonesia economy to improve

Jakarta (ANTARA News) - Vice President Boediono has expressed optimism that the Indonesian economy would get better in 2011 than in the previous years."In spite of the global economic turmoil, I am certain that national economic development this year will get even better than before," the...

VP Boediono calls on officials, bizmen to abide by rules

Jakarta (ANTARA News) - Vice President Boediono said the case of former tax official Gayus Tambunan should become an eye opener for all officials and businessmen on the importance of abiding by existing rules.

World businessmen still unfamiliar with Indonesia's products: president

Zurich (ANTARA News) - Businessmen are still unfamiliar with Indonesian products, President Susilo Bambang Yudhoyono said here Saturday (29/1) evening, before leaving Zurich International Airport for Jakarta.

Bali produces 150,000 tons of seaweed in 2010

Denpasar (ANTARA News) - The Indonesian island resort of Bali has been able to produce 150,000 tons of seaweed in 2010 or increased by 42.8 percent from 105,000 tons in the previous year."The 150,000 tons of seaweed were harvested from a cultivation area of 707.

Govt ready to open 2 million hectares of farm land

Jakarta (ANTARA News) - The government is ready to open two million hectares of farm land in anticipation of declining food production due to global climate change and extreme climate, a minister said.Agriculture Minister Suswono said here on Friday food-producing countries had of late seen a...

One Door Licensing Still Corrupt

TEMPO Interactive, Jakarta:The Transparency International Indonesia (TII) said that the Indonesian business licensing system is still prone to corruption. “The method used includes bribes, special connections ,” said TII researcher, Putut Ariyo Saputro, in his presentation in Jakarta yesterday.

Government is Confident It can Manage Food Crisis

TEMPO Interactive, Jakarta:Agriculture Minister Suswono is confident that Indonesia can face the food security crisis by creating food-resilence, assuring the availability, accessibility and equitability of distribution.

State plantation firm to build CPO factories in Kalimantan

A state plantation company says it has allocated Rp 120 billion (US$ 12.9 billion) to build two factories to process crude palm oil (CPO) in Modang and Petangis districts, East Kalimantan.The construction of the two factories will start this year and next year, and is expected to be complete within...

China’s eight pillars: A business model for Indonesia

The year 2011 in the Chinese calendar is the Year of the Rabbit, which begins on Feb. 3, 2011, and concludes on Jan. 22, 2012. Understanding the yearly horoscope, with its wide span of predictions related to economic and socio-political affairs, is typical, not only in Chinese society, but also in...

Indonesia Inflation Accelerates, Adding Pressure to Raise Rate

Feb. 1 (Bloomberg) -- Indonesia’s inflation accelerated in January, putting pressure on policy makers to consider raising the benchmark interest rate from a record low in coming months even as they may avoid an increase when they meet on Feb. 4.