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Mon, 31 Jul 2006
Govt told to limit oil contracts with foreign firms
Govt told to limit oil contracts with foreign firmsThe Jakarta Post, JakartaLocal companies grouped under the National Oil and Gas Caucus have asked the government to limit oil and gas cooperation contracts with foreign firms to one contract period.
Mon, 31 Jul 2006
Australians need not be wary about doing business here: IABC executive
Australians need not be wary about doing business here: IABC executiveDuncan Graham, The Jakarta Post, SurabayaIt would be an error to assume all the Caucasians seen at any meeting of the East Java branch of the Indonesia-Australia Business Council (IABC) are Australian.Some are British nationals.
Mon, 31 Jul 2006
Indonesian economy continues to lose altitude
Indonesian economy continues to lose altitudeThe Jakarta Post, JakartaIf Indonesia's economy was a jumbo jet, it would be flying on the single engine of exports at the moment, with the other engines of private consumption, investment and government spending having stalled out.
Sat, 29 Jul 2006
Promoting biofuel as a way of alleviate poverty
Promoting biofuel as a way of alleviate povertyBenget Simbolon Tnb., The Jakarta Post, JakartaThe government has stated that it will pursue the development of biofuels -- alternatives to oil-based fuels -- as a way of alleviating poverty in Indonesia.
Fri, 28 Jul 2006
Advertising Expenditures for First Half of 2006 Decline
Advertising Expenditures for First Half of 2006 DeclineFriday, 28 July, 2006 | 16:31 WIBTEMPO Interactive, Jakarta: Advertising expenditures for the electronic and printed media for the first half of this year have decreased to Rp13.6 trillion.
Fri, 28 Jul 2006
Natrindo Invests US$200 Million for Celluar Phone Network
Natrindo Invests US$200 Million for Celluar Phone NetworkFriday, 28 July, 2006 | 17:04 WIBTEMPO Interactive, Jakarta: PT Natrindo Telepon Seluler has prepared US$200 million or around Rp1.8 trillion for building the third generation cellular phone network (3G) in Jakarta.
Fri, 28 Jul 2006
Singapore receives record visitors in June, RI the biggest source
Singapore receives record visitors in June, RI the biggest sourceSingapore (ANTARA News) - Singapore's visitor arrivals in June rose 5.3 percent from a year earlier to a record 787,704, the tourism board said Thursday.
Fri, 28 Jul 2006
Serviced apartments up pressure on hotels
Serviced apartments up pressure on hotelsAnissa S. Febrina, The Jakarta Post, JakartaFor Jakarta's hoteliers, competition these days comes not only in the form of other hotels, but also from serviced apartments.
Thu, 27 Jul 2006
Islamic bank to finance energy projects in Indonesia
Islamic bank to finance energy projects in IndonesiaThe Islamic Development Bank (IDB) would finance electricity projects in Indonesia that could be valued at 30 billion U.S. dollars, IDB Vice President Amadou Boubacar Cisse said here Thursday.
Thu, 27 Jul 2006
Indonesia Government To Offer 41 New Oil, Gas Blocks In Aug
Indonesia Government To Offer 41 New Oil, Gas Blocks In Aug07-26-06 05:49 AM ESTJAKARTA -(Dow Jones)- The Indonesian government will next month offer 41 new oil and gas blocks to local and foreign oil companies, Oil and Gas director general at the Energy and Mineral Resources Ministry Luluk...
Thu, 27 Jul 2006
Standard and Poor's upgrades Indonesia ratings
Wednesday July 26, 2:16 PMStandard and Poor's upgrades Indonesia ratingsInternational ratings agency Standard and Poor's raised Indonesia's long-term foreign and local currency ratings on the country's improving fiscal and external performance.
Thu, 27 Jul 2006
Ayda Sulianti: From the Rag Trade to Freight Forwarding
Wednesday, July 26, 2006AYDA SULIANTIFROM THE RAG TRADE TO FREIGHT FORWARDING© Duncan Graham 2006Transplanting Western business values and management systems into Indonesia is no simple task, as many foreign experts have found.
Wed, 26 Jul 2006
Japanese Investors Complain About Manpower Law
Japanese Investors Complain About Manpower LawWednesday, 26 July, 2006 | 18:20 WIBTEMPO Interactive, Jakarta: Japanese investors consider that manpower policies in Indonesia are not fair.It is expected that this will to lower the potential of Japanese investment in Indonesia in the future.
Wed, 26 Jul 2006
15 Investors Interested in Biofuel Project
15 Investors Interested in Biofuel ProjectWednesday, 26 July, 2006 | 16:02 WIBTEMPO Interactive, Jakarta: As many as 15 investors have stated their interest in investing in the biofuel project that will require funding of Rp200 trillion.
Wed, 26 Jul 2006
Foreign investors want fairer manpower regulations
Foreign investors want fairer manpower regulationsJakarta (ANTARA News) - Foreign investors have demanded that the Indonesian government issue fairer manpower regulations in which a distinction is made between deserving and undeserving workers in the matter of severance pay, a spokesman said.
Tue, 25 Jul 2006
Bio-fuel Development To Receive Fiscal Incentives
Bio-fuel Development To Receive Fiscal IncentivesTuesday, 25 July, 2006 | 17:53 WIBTEMPO Interactive, Jakarta: The government will officially form the national team for bio-fuel energy development. The components of this alternative energy team were decided at a limited meeting of the energy sector...
Tue, 25 Jul 2006
Batam to be ‘Shop Window’ of Indonesia's Economy
Batam to be ‘Shop Window’ of Indonesia's EconomyTuesday, 25 July, 2006 | 13:58 WIBTEMPO Interactive, Jakarta: Muhammad Luthfi, Head of the Investment Coordinating Board (BKPM), said by setting up Batam, Bintan and Karimun as Special Economic Zones (SEZ) under the one-roof system, that Batam...
Tue, 25 Jul 2006
Govt allocates big chunk of land for biofuel projects
Govt allocates big chunk of land for biofuel projectsRendi Akhmad Witular, The Jakarta Post, JakartaAs part of its commitment to boost the use of alternative energy, the government has set aside huge swathes of land across the archipelago for the crops needed for raw materials for producing...
Tue, 25 Jul 2006
Government to Invite Investors for High Speed Train in 2008
Government to Invite Investors for High Speed Train in 2008Monday, 24 July, 2006 | 19:37 WIBTEMPO Interactive, Jakarta: The government is to invite local and foreign investors to invest in the Jakarta-Surabaya and Jakarta-Bandung high speed train projects in 2008.
Mon, 24 Jul 2006
Boediono assures foreign investors of equal treatment
I hear the banking sector needs to fix up its BI platforms (or put them in!!!)....
Mon, 24 Jul 2006
Boediono assures foreign investors of equal treatment
I am thinking of extending my involvenment in indonesia, however i have a potential in Thailand. What is an honest, no Bs assesment of the JKT economy?
Mon, 24 Jul 2006
Pertamina to Evaluate Oil-Based Fuel Prices
Now *there's* a radical idea: "Let's price our products so that we don't make a loss". Whoa. Radical thinking. Go Pertamina!
Mon, 24 Jul 2006
Pertamina to Evaluate Oil-Based Fuel Prices
Pertamina to Evaluate Oil-Based Fuel PricesMonday, 24 July, 2006 | 14:46 WIBTEMPO Interactive, Jakarta: The continuing rise of the world's crude oil prices has resulted in PT Pertamina's (Persero) evaluating its oil-based fuel prices.
Mon, 24 Jul 2006
Boediono assures foreign investors of equal treatment
I've been hearing about the "proposed new investment law" that's "about to be implemented" for the past 7 years. Even now, they are still talking in terms of the law being passed next year -- which will actually turn into the year after. This is the Indonesian "sense of urgency" in action.
Mon, 24 Jul 2006
Boediono assures foreign investors of equal treatment
Boediono assures foreign investors of equal treatmentThe Jakarta Post, Urip Hudiono, JakartaProviding a level playing field for investors will be the government's main focus in the government-sponsored new investment bill, although certain business sectors will still be closed to foreign investors.
Mon, 24 Jul 2006
Bank Mandiri sees increasing loan from CPO sector
Bank Mandiri sees increasing loan from CPO sectorJakarta (ANTARA News) - PT Bank Mandiri expects loan demand from the oil palm plantation and crude palm oil (CPO) sector to continue to increase in line with the government`s commitment to stimulate development of biodiesel fuel in the country, a...
Sun, 23 Jul 2006
Consumer Confidence Index Drops Due to Yogya Earthquake
Indonesian economy always looks like a Drexel Junk Bond issue. It has high ceilings but no foundations….
Sun, 23 Jul 2006
Consumer Confidence Index Drops Due to Yogya Earthquake
you're probably right, but indonesia seems to be taking a battering from these series natural disasters, never mind the disasters it brings on itself.
Sat, 22 Jul 2006
Incentives For Investment Excluded From Bill
Incentives For Investment Excluded From BillFriday, 21 July, 2006 | 16:41 WIBTEMPO Interactive, Jakarta: Boediono, the Minister for the Economy, said that incentives for investment will not be attached to the Investment Bill which is now being prepared.
Sat, 22 Jul 2006
Politics and business mix in Indonesia
Politics and business mix in IndonesiaBy Bill GuerinJAKARTA - On taking office, Indonesian President Susilo Bambang Yudhoyono advised his officials to divest their personal business interests to avoid any allegations of conflict of interest hounding his reform-oriented government.
Fri, 21 Jul 2006
Consumer Confidence Index Drops Due to Yogya Earthquake
just a blip in the overall picture. Consumer confidence is trending sharply upward, and will continue to do so with the occasional blips due to quakes and other political shocks now and again. All the indicators for the next few months and years are positive and moving up, so I'd not put too much...
Fri, 21 Jul 2006
Consumer Confidence Index Drops Due to Yogya Earthquake
Consumer Confidence Index Drops Due to Yogya EarthquakeThursday, 20 July, 2006 | 20:16 WIBTEMPO Interactive, Jakarta: The consumer confidence index plunged again in June, after the earthquakes in Yogyakarta and Central Java.
Thu, 20 Jul 2006
Government set to build eight biofuel factories
Government set to build eight biofuel factoriesThe Jakarta Post, JakartaThe government is preparing to build eight biodiesel factories in the country in a move to provide an alternative to expensive fossil-based fuels.
Wed, 19 Jul 2006
Indonesia, Malaysia launch joint move to defend palm oil industry
Indonesia, Malaysia launch joint move to defend palm oil industryThe Jakarta Post, MedanIndonesia and Malaysia have agreed to allocate 500,000 euro (about US$394,000) to pay the fees of a consultant or joint spokesman to counter campaigns launched by non-governmental organizations against palm oil...
Wed, 19 Jul 2006
Bio-Solar Marketing to be Extended
Bio-Solar Marketing to be ExtendedWednesday, 19 July, 2006 | 16:16 WIBTEMPO Interactive, Jakarta: PT Pertamina (Persero), the state oil and gas company, will extend its marketing of bio-solar (automotive diesel oil) in Jakarta.
Wed, 19 Jul 2006
RI to spend Rp 200t by 2010 to promote biofuels
you could have a point. but i'm still putting all my cash into Pangandaran real estate.
Wed, 19 Jul 2006
RI to spend Rp 200t by 2010 to promote biofuels
Buy UNSP stocks! It is the Bakrie family plantations unit (regardless of what one thinks him and his ilk, 'business is business') and already has plans to build the largest bio-diesel factory in the world.
Thu, 13 Jul 2006
RI to spend Rp 200t by 2010 to promote biofuels
RI to spend Rp 200t by 2010 to promote biofuelsJAKARTA (Bloomberg): Indonesia plans to invest Rp 200 trillion (Rp$22 billion) over the next five years to promote the use of alternative fuels using crops such as palm oil, Energy Minister Purnomo Yusgiantoro said.
Tue, 11 Jul 2006
DPR passes new citizenship bill into law
DPR passes new citizenship bill into lawJakarta (ANTARA News) - All political party factions in the House of Representatives (DPR) here Tuesday agreed to pass a new citizneship bill into law.The approval was expressed in a DPR plenary meeting, which was led by DPR Deputy Speaker Soetardjo...
Tue, 11 Jul 2006
New bill threatens corruptors with annulment of citizenship
in the old law that could not happen
Tue, 11 Jul 2006
New bill threatens corruptors with annulment of citizenship
if the Indonesian Gal marries a bule and moves to his country and is over the age of 18 then the President at HIS discretian can take away her Indo Citizenship
Tue, 11 Jul 2006
New bill threatens corruptors with annulment of citizenship
Then how different is the new law in respect of the old one, in this area, which is to say how would the loss occur?
Tue, 11 Jul 2006
New bill threatens corruptors with annulment of citizenship
Does it also threaten Indonesian women who marry foreigners with loss of citizenship?
Tue, 11 Jul 2006
Has the corruption battle gone too far?
The economic development in INA still should looking by holistic perspective which means, every economic development for success should be plan for prosperity and people justice. It means welfare economy which set aside for wage and proper social security should be maintenance, beside strongly...
Tue, 11 Jul 2006
Has the corruption battle gone too far?
Quote:Originally posted by KuKuKaChu: From The Jakarta PostHas the corruption battle gone too far?Leonard Ginocchi, Washington D.C....(anti-corruption environment) could be adversely affecting the country's economy and national development.......
Mon, 10 Jul 2006
Has the corruption battle gone too far?
Has the corruption battle gone too far?Leonard Ginocchi, Washington D.C.There appears to be a growing debate concerning Indonesia's robust anti-corruption campaign. Views are beginning to emerge that the anti-corruption campaign may have gone too far and could be adversely affecting the country's...
Mon, 10 Jul 2006
Government to draft law on special economic zones
Government to draft law on special economic zonesThe Jakarta Post, JakartaThe government is planning a new law to legalize the creation of special economic zones (SEZs) in the country, Coordinating Minister for the Economy Boediono said during the weekend.