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Thu, 30 Sep 2010
"Rubber Time" unacceptable at Japanese companies
Well don't the Japanese often spark out on the job because they work so hard? Indonesia represents the other end of the spectrum. In the West people increasingly work flexi-time which is progress I'd say.
Thu, 30 Sep 2010
"Rubber Time" unacceptable at Japanese companies
most indonesians would consider japanese employers as "tidak manusiawi" for their demands that people behave like robots, or as little cogs in humungous wheels. they might have a point, you know.
Thu, 30 Sep 2010
"Rubber Time" unacceptable at Japanese companies
Quoting: biznews"Many Indonesian employees had a "cultural shock" when working with a Japanese company and facing difficulties in adaptations, especially fresh graduates," Takuji Motooka said.Heh heh. Yes I'll bet. I'm sure it's the shock of their fuckin' lives.
Thu, 30 Sep 2010
"Rubber Time" unacceptable at Japanese companies
Jakarta (ANTARA News) - The habit of always being late (rubber time) is unacceptable at business companies in Japan, President Director of PT. Itochu Indonesia Takuji Motooka said.He made the remarks in a seminar on "Work Ethics at Japanese Companies and Its Culture Background," held here...
Thu, 30 Sep 2010
BKPM to cooperate with PHRI to promote investment
Jakarta (ANTARA News) - The Capital Investment Coordinating Board (BKPM) and the Indonesia Restaurant and Hotel Association (IRHA) have agreed to cooperate in promoting their common visions and missions to increase investment at home.
Thu, 30 Sep 2010
Batam now has capital market information center
Batam (ANTARA News) - Batam in Riau Islands has now a Capital Market Information Center as the only second level autonomous representative of PT Bursa Efek Indonesia (Indonesian stock exchange) in Indonesia.
Thu, 30 Sep 2010
Problems hindering intra-asean investment : deputy minister
Jakart (ANTARA News) - Several problems are hindering efforts to increase investment among members of the Association of Southeast Asian Nations (Asean), Deputy Trade Minister Mahendra Siregar said."The first problem is how to implement agreements made at Asean level at the national...
Thu, 30 Sep 2010
Indonesia on an upward trajectory
When will the ride end for the Jakarta Composite Index? It enjoyed another record-breaking day on Wednesday, rising 0.7 per cent, flirting with the 3,500 mark and breaking fresh records for a fourth successive day.On Monday, the index surged 2.
Wed, 29 Sep 2010
World Bank: Indonesia`s economic fundamentals strong
Jakarta (ANTARA News) - Indonesia`s economic fundementals are now strong enabling the government to shift its policy focus from short-term uncertainty to investment achievement, especially in the infrastructure sector, a World Bank economist said.
Wed, 29 Sep 2010
China offers soft loans for railway infrastructure development
Makassar, South Sulawesi (ANTARA News) - The Chinese government through Tangsahan Railway Vehicle Co. Ltd. has offered a soft loan to the provincial government of South Sulawesi for the development of railway infrastructure in the region.Vice General Manager of Tangsahan Railway Vehicle Co. Ltd.
Wed, 29 Sep 2010
Govt asks Kadin to help revitalize industry
Jakarta (ANTARA News) - Chief Economic Minister Hatta Rajasa asked the Indonesian Chamber of Commerce and Industry (Kadin) to help revitalize the manufacturing industry in the country."I hope that we can work together to revitalize the country`s manufacturing industries," the minister...
Wed, 29 Sep 2010
Fiber Optic Network Installation Hindered
TEMPO Interactive, Bandung:The Minister of Communication and Information Technology has said that fiber optic installation faces administrative problems, especially since a letter from the Department of Home Affairs demanding to stop the project temporarily has been issued.
Wed, 29 Sep 2010
Indonesia Key to DBS Plan to Expand in Southeast Asia
Singapore’s DBS Group, one of Asia’s largest financial services providers, is planning to ramp up its business in Indonesia and the rest of Southeast Asia, its executives said on Tuesday.Though it has typically looked to home and Hong Kong as its primary sources of revenue, DBS - which operates...
Wed, 29 Sep 2010
Indonesia’s near-term risks have diminished but policy challenges remain
Jakarta, September 28, 2010 – The latest Indonesia Economic Quarterly released today by the World Bank reports that Indonesia’s economy continues to record robust growth, unlike many of the world’s major economies.
Tue, 28 Sep 2010
Infrastructure Developments Sets Its Sights on Indonesia and East Timor
HERNDON, VA, Sep 27, 2010 (MARKETWIRE via COMTEX) -- Infrastructure Developments Corp. announced today that its subsidiary, Intelspec LLC (Thailand), is expanding its presence in Indonesia and East Timor.
Tue, 28 Sep 2010
Indonesian Agency Accuses Pfizer of Monopoly Breach
JAKARTA - Indonesia's antitrust agency, KPPU, said Tuesday it has found U.S.-based Pfizer Inc., four of its units and a local firm guilty of breaching monopoly regulations on their anti-hypertensive products.
Tue, 28 Sep 2010
China’s steel company to relocate production plant to Indonesia
China’s state-owned steel company Guo Feng Iron Steel plans to relocate in the near future its production plant in Tang Shan, China, to Indonesia with a total investment of US$1 billion, a government official said on Monday evening.
Sun, 26 Sep 2010
New chairman expected to energize subzero-growth industries
Jakarta (ANTARA News) - The newly elected chairman of the Indonesian Chamber of Commerce and Industry (Kadin) should be able to energize domestic industries which have for years seen negative growth, a businessmen`s association leader said.
Sun, 26 Sep 2010
All imported goods must bear Bahasa Indonesia labels
Pontianak, W Kalimantan (ANTARA News) - All imported goods must be provided with Bahasa Indonesia labels before entering the Indonesian market, a trade official said here Saturday.Trade Ministry official Very Anggrijono said the requirement was one of the ways to prevent the free circulation of...
Sat, 25 Sep 2010
Indonesia Should Do More to Encourage Home-Grown Entrepreneurs: Experts
Jakarta. As Indonesia’s economy enjoys surging growth and makes strides to become a more featured player on the global stage, business experts say the country suffers from an alarmingly low rate of entrepreneurship.
Sat, 25 Sep 2010
E Lampung needs investors
Sukadana, Lampung (ANTARA News) - East Lampung district, Lampung province, needs investors to develop its seaweed cultivation potentials as the business was now mostly run by locals with small capital who were unable to meet market demand, a local investment official said.
Fri, 24 Sep 2010
RIM Urged to Build Servers in Indonesia
VIVAnews - In August this year, the Ministry of Communication and Information notified Research in Motion, Canada-based manufacturer of BlackBerry, to build some servers in Indonesia.The Indonesian government through the Ministry of Communication and Information is still hampered to push RIM...
Fri, 24 Sep 2010
Indonesia, Coal Heaven
VIVAnews - Indonesia is much benefited by the existence of millions of tons of mining materials such as coal, copper, gold, or lead.Mimika and West Sumbawa are places of abundant reserve of gold.Based on data of the Association of Indonesia Coal Mining, total coal production in Indonesia in 2009...
Fri, 24 Sep 2010
Tax Court to Move to Elite Business District
TEMPO Interactive, Jakarta:The Finance Minister plans to relocate the Tax Court away from the Finance Ministry complex. The Finance Ministry’s Secretary General Mulia Nasution said they are planning to move it to SCBD business area in central Jakarta.
Fri, 24 Sep 2010
Korea to Construct Bio-ethanol Plant
TEMPO Interactive, Brebes:A Korean investor plans to build a bio-ethanol plant worth US$ 500 million in Brebes, Central Java. The Brebes Regional Secretary Assistant, Muhammad Supriyono, said the request for a license to build a plant fueled from cassava was filed last August.
Fri, 24 Sep 2010
Bank Indonesia: 82 Percent of Villagers Ignorant about Savings
TEMPO Interactive, Jakarta:Bank Indonesia declared that the majority of Indonesians living in villages do not have access to banks. “Around 82 percent of the villagers do not have bank accounts,” said Adam K.
Fri, 24 Sep 2010
US companies explore investment in RI
Jakarta (ANTARA News) - Several companies of western US were set to explore cooperation and investment in Indonesia.Indonesia`s improved economic condition appeared to become a strong attraction to foreign investment to operate in the country.
Fri, 24 Sep 2010
Business world asked to glance at business potential from GDP
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked business world to glance at business potential from gross domestic product (GDP) rather than from the state budget only.Speaking at a function to open the 6th national conference of Indonesian Chamber of Commerce and Industry...
Thu, 23 Sep 2010
Australia’s Exergen Plans to Turn Bad Coal Into Good With Indonesian Plant
In response to growing demand for high-quality coal, Australia’s Exergen has made plans to open a facility in Indonesia that could produce up to 12 million metric tons of high-quality coal annually from poor-grade local material.
Thu, 23 Sep 2010
Manufacturing industry in Indonesia declining : minister
Gorontalo, (ANTARA News) - Maritime Affairs and Fisheries Minister Fadel Muhammad said the manufacturing industry in Indonesia was declining from year to year."In 2008, this sector contributed 27.9 percent to the national economy but in 2009 its contribution dropped to 26.
Thu, 23 Sep 2010
Bali`s tuna production earns US$53 million in forex
Denpasar (ANTARA News) - Bali`s tuna production had been increasing despite bad weather, head of export division of the Bali Trade and Industry Agency Putu Bagiada said here on Wednesday.He said Bali`s tuna exports in the January-July 2010 period reached US$53.
Thu, 23 Sep 2010
Foreign investment in RI comparatively still low
Jakarta (ANTARA News) - Foreign investment made in the country`s domestic market is still smaller compared with that in other Asian countries like Vietnam and Thailand, an observer said.Stock market analyst Dwi Setiawan said here on Wednesday that the small investment was due to the fact that the...
Thu, 23 Sep 2010
RI, Thailand to step up trade, investment
Jakarta (ANTARA News) - Indonesia and Thailand are to step up their bilateral trade and investment relations as the business climate and opportunities in both countries are fast improving, Thailand`s chief diplomat here said.
Thu, 23 Sep 2010
France biggest European importer of Balinese handicrafts
Denpasar, Bali (ANTARA News) - France was Europe`s biggest importer of handicrafts and non-oil/non-gas commodities from Bali in the January-July period in 2010 with the imports reaching a total value of 30.1 million US dollars, a local trade official said.
Thu, 23 Sep 2010
StratoComm starts Indonesian company
StratoComm Corp., a telecommunications products developer in Albany, New York, is moving into the Asian market and will form a joint company with SIMS, an Indonesia-based broadband services provider.StratoComm sells telecommunications equipment and services to primarily developing countries.
Thu, 23 Sep 2010
Indonesia to create best financial management system in ASEAN: minister
JAKARTA (Xinhua) - Indonesia intends to create the best financial management system in the Association of Southeast Asia Nations (ASEAN) ahead of the realization of ASEAN Community by 2015, a minister said here on Wednesday.
Tue, 21 Sep 2010
Nissan Sees Indonesia as Possible Export Base
Nissan, Japan’s third-largest automaker, believes Indonesia has the potential to become an export base as the company moves production from Japan to counter a strong yen.Nissan is investing more than $20 million at a plant in Indonesia to double capacity in the country to 100,000 vehicles a year...
Tue, 21 Sep 2010
Japan and Indonesia share an intimate bond
At the foot of the Argopuro mountain range in Indonesia, construction has started on a $1.2bn thermal power plant that will supply electricity to some of the most densely populated islands on Earth. PT Paiton Energy, partly owned by Mitsui & Co and the Tokyo Electric Power Company, is building...
Tue, 21 Sep 2010
Indonesian Trade Ministry Raises Export Target
Jakarta. After seeing non-oil-and-gas exports surge over the first seven months of the year, the Trade Ministry on Friday announced it was retargeting growth for the sector, placing it at between 16 and 18 percent for the year, well above February estimates of 7 to 8.5 percent.
Tue, 21 Sep 2010
Booming Demand in Indonesia for Serviced Offices
Jakarta. Jakarta’s serviced-office market is booming as more foreign companies enter Indonesia, attracting companies eager to invest in the sector.While still only a fraction of the market, the number of serviced offices on the market in central Jakarta has risen 50 percent in the past year and...
Tue, 21 Sep 2010
Investors most Interested in Food and Transportation Industries
TEMPO Interactive, Jakarta:Most investments in Indonesia are in transportation, service, food and beverages, machine industry and chemical industries.The Investment Coordinating Board records an investment of Rp6.164 trillion in the second quarter.This is the highest compared to other sectors.
Sun, 19 Sep 2010
Caterpillar wants to build US$500 mln plant in Indonesia
Jakarta (ANTARA News/Asia Pulse) - US heavy equipment maker Caterpillar Inc. wants to build a heavy equipment factory in Java with an investment of up to US$500 million, an Indonesian official said.It would be the first heavy equipment manufacturer in the country, Gita Wirjawan, head of the Capital...
Sun, 19 Sep 2010
BI: rupiah`s exchange rate still competitive
Jakarta (ANTARA News) - Bank Indonesia (BI) Governor Darmin Nasution said here on Friday that the present rupiah exchange rate was still competitive for the national economy compared to those of the currencies of neighbouring countries.
Wed, 08 Sep 2010
Indonesia plans to form state animal husbandry company
JAKARTA, Sept. 7 (Xinhua) -- Indonesian government plans to form a state-owned animal husbandry company to help achieve beef self-sufficient, detikcom online news quoted a minister as saying on Tuesday."A state-owned animal husbandry company is very important in the future.
Wed, 08 Sep 2010
CPO Export Should Not Be Hampered: Govt
VIVAnews - The Indonesian government is alleged of issuing permit to oil palm companies having no concerns over the environment.Coordinating Minister for the Economy Hatta Rajasa insisted that the government has never granted any permit to companies which destroy the economy.
Wed, 08 Sep 2010
India’s Story Offers Indonesia Lessons on Infrastructure
Indonesia’s efforts to modernize its infrastructure have lagged India’s slow-but-steady improvements, though Jakarta’s progress could be fast-tracked in the eyes of foreign investors with passage of a politically complicated land-acquisition bill.
Wed, 08 Sep 2010
Indonesian Government Plans New Tax Incentives to Lure Investors
Jakarta. The government plans to expand a tax incentives program for foreign investors to include additional downstream and “pioneering” sectors, as well as offer sweeteners for companies that invest more than $1 billion and create a certain number of jobs, the country’s investment chief said...
Wed, 08 Sep 2010
Tata Consortium Wins Geothermal Bid in Indonesia
A consortium comprising Tata Power, Origin Energy and Supraco Indonesia has won the bid for the Sorik Marapi geothermal project in Northern Sumatra, Indonesia.The Sorik Marapi project will include the development of about 240MW of geothermal generation capacity.
Tue, 07 Sep 2010
Govt urged to focus on infrastructure development
Jakarta (ANTARA News) - The government should focus on infrastructure development to improve domestic industrial competitiveness, Indonesian Chamber of Commerce and Industry (Kadin) cairman Adi Putra Tahir has said.
Fri, 03 Sep 2010
RIM faces battle over content in Indonesia
Indonesia’s technology minister has taken his battle against pornography to the maker of BlackBerry smart phones, ordering the Canadian company to block digital content in one of its key Asian markets.