Indonesian Political, Business & Finance News

Archive: 8 March 2011

7 articles found

Miners Say Value-Added Law Will Hurt in the Long Run

Government plans to require miners to give added value to their exported commodities could end up costing the country income, a mining association official said on Monday.Priyo Pribadi Sumarno, an executive director at the Indonesian Mining Association, said the domestic market for minerals such as...

Aussie Minister: Indonesia Our Top Market

VIVAnews - Indonesia is the largest market for several Australian agricultural and dairy products. In order to extend the bilateral trade, the Australian Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig, is visiting Indonesia today.

Finance minister to discuss FTZ with businessmen

Tanjungpinang, Riau Islands (ANTARA News) - Finance Minister Agus Martowardojo is scheduled to meet with businessmen and local government officials here on Monday to discuss problems arising from the implementation of Batam, Bintan and Karimun free trade and free port zones.

Minister calls for improvement of free trade zone system

"We want to make the areas to become economic zones focusing on industry and exports." Batam, Riau Islands (ANTARA News) - Finance Minister Agus DW Martowardojo has called for the improvement of the system and concept of the country`s Free Trade Zone (FTZ).

Emerging Indonesia: lessons for middle-income countries

World Bank Managing Director, Sri Mulyani Indrawati, opened the two-week "Emerging Indonesia" series at the World Bank Headquarter, Washington, DCPresentations from the event * Indonesia: Partnering with a Middle Income Client * Common Disasters and Uncommon Responses * Leveraging World...

The Extractive Industries Transparency Initiative (EITI) implementation in Indonesia

The EITI's long term benefits may include increased investment in the oil and gas sector which will lead to greater energy security for Indonesia * The Extractive Industries Transparency Initiative (EITI) is an internationally developed standard that promotes oil, gas and mining revenue...

Boom, Bust and Up Again? Evolution, Drivers and Impact of Commodity Prices: Implications for Indonesia

KEY MESSAGES FROM THE REPORT * The main driver of the food price increases from 2002 to 2008 was the increased demand for biofuels and the consequent pressure on grain stocks, large land-use shifts, speculative activity and export bans.