Indonesian Political, Business & Finance News

Archive: 11 February 2011

6 articles found

Indonesia: A Divine Mess

In the last two years Indonesia has been an investment darling, with its shares increasing 46% in 2010 alone, tops among the world's largest markets. Unlike many of its Asian neighbors, Indonesia lacks an export-driven economy or a massive global diaspora.

Indonesia to require utility PLN to buy geothermal power

JAKARTA Feb 10 (Reuters) - Indonesia's energy ministry said on Thursday it will issue a decree ordering state-owned utility PT Perusahaan Listrik Negara (PLN) to buy electricity generated from geothermal power plants at a ceiling price of 9.7 U.S. cents per kilowatt hour.

Food Containing Pork to Display Picture of Pig

TEMPO Interactive, Jakarta:The Food and Drug Monitoring Agency (BPOM) said that all food products containing pork or those which have been processed alongside pork products, must display a red square with a picture of a pig.

RI must become economic growth center : VP

Jakarta (ANTARA News) - Vice President Boediono said that Indonesia should be developed into a center for economic growth, not as a mere energy supplier for other countries because energy need at home had also continued to increase.

New tax chief to target big taxpayers

Jakarta (ANTARA News) - The new director general of taxation, Fuad Rahmany, said he would target big taxpayers to achieve the potential tax revenue of Rp708 trillion in 2011."Many big tax payers that have not paid tax fully.

Govt urged to control coal exports

Jakarta (ANTARA News) - The Indonesia Mining Community has called on the government to control coal exports to ansure fulfillment of domestic needs.The Chairman of the Presidium of the Indonesia Mining Community, Herman Afif Kusumo, said here on Thursday that coal must be seen as an energy...