Indonesian Political, Business & Finance News

Archive: 29 March 2011

12 articles found

Local computer producers demand fair deal

Local computer manufacturers have urged the government to scrap import duties on IT components, as they are competing against imported finished products from countries that have free-trade agreements with Indonesia, particularly China.

Australian Firms Ready to Bring Mining Expertise to Indonesia

As part of its commitment to its comprehensive economic partnership with Indonesia, Australia is set to share its expertise in the mining sector during the two-day Ozmine conference, which starts on Tuesday.

Planning Bali's Future by the Rules

Bali Governor Poised to Implement and Enforce the 2009 Zoning Law.Despite resistance and refusals from regents and mayors in Bali to his 2009 Zoning Law (RTRW), governor Made Mangku Pastika has reaffirmed that he will soon be consistently and rigorously implementing the law.

Polyester Producer Pledges Billions in Push to Diversify

By Camelia Pasandaran Thailand-based polyester producer Indorama Ventures plans to invest as much as $5.2 billion in the energy sector and establish a new factory in Indonesia, its chief executive said on Monday.“We want to make a new investment in Indonesia.

French firms eyeing USD 10 billion of investment in Indonesia

It is reported that Indonesia could see upwards of USD 10 billion in investment from an unexpected source as French companies expressed interest in participating in infrastructure and energy projects. French investment only played a minor role in the country in recent years.

Govt to Probe into RIM's Alleged Tax Case

"If they have not paid any tax, we'll ask for its collection"VIVAnews - Indonesian Finance Minister Agus Martowardojo said in a statement that he would probe allegations that Blackberry producer Research in Motion (RIM) did not pay tax to the Indonesian government.

Indonesia Develops Wind-generated Electricity

TEMPO Interactive, Jakarta:State electricity company PT PLN will optimize wind power to be the energy source of power plants. This year, PLN is targeting alternative power development in three areas. “The areas are Singkil, Sumba, and Sukabumi," said Nasri Sebayang, PLN’s planning and...

Govt needs Rp 10 trillion investment in drinking water

Jakarta (ANTARA News) - The government is preparing two million house connections of drinking water with an investment of Rp10 trillion in 2011, Drinking Water Development Director of Urban Directorate General of the Public Works Ministry Danny Sutjiono said here Tuesday.

Australia to hold mining expo in Jakarta

Jakarta (ANTARA News) - Australia`s mining expertise will be on show at OZMINE 2011, Austrade`s largest international mining exhibition and conference in Asia, which will be held in Jakarta at the Shangri La Hotel on 29 - 30 March 2011.

President Yudhoyono supports sustainable palm oil business

Jakarta (ANTARA News) - Cabinet Secretary Dipo Alam said President Susilo Bambang Yudhoyono (SBY) strongly supported sustainable palm oil business operations."President SBY strongly supported palm oil business operations," Dipo Alam said in a press statement received here Friday.

RI`s per capita income 600 pct up in 10 years

RI`s per capita income 600 pct up in 10 yearsBrebes, C Java (ANTARA News) - Coordinating Minister for Economic Affairs Hatta Rajasa said here Friday per capita income in Indonesia has risen 600 percent in the last 10 years, noting that economic conditions had been much better these days.

N Sulawesi exports coconut flour to Australia

Manado, N. Sulawesi (ANTARA News) - North Sulawesi province would have exported 25 tons of coconut flour to Australia in March, a local government official said here Monday."The total worth of coconut flour export is expected to reach US$45,920," Head of North Sulawesi province`s foreign...