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Fri, 30 Apr 2010
Two hundred Indians leave Batam
Probably because we don't say that you can pakistani on a deal. You have spellcheck on Jakchat? That's just paranoid...
Fri, 30 Apr 2010
Two hundred Indians leave Batam
Quoting: bishopslipsPS I'm Indian and I live in Batam It's true. He can do the accent and everything.
Fri, 30 Apr 2010
The tough task of boosting RI-NZ trade
When I took up the appointment in 2007 I wasn’t given any specific objectives, other than maintaining the good relations that have marked our 50 years presence in Wellington, and improving Indonesia’s profile.I decided the embassy had to be active, like a corporation out to make a profit.
Fri, 30 Apr 2010
Indonesia Losing Luster for Oil & Gas Investors: Survey
The “shine” is wearing off of Indonesia as an investment destination for international energy companies, despite the global energy rush and the country’s massive reserves of oil and natural gas, according to a survey released by PricewaterhouseCoopers on Thursday.
Thu, 29 Apr 2010
Indonesia Urged to Cut Red Tape to Meet Geothermal Goal
The government needs to speed up its approval process and introduce measures to limit investor risk if it wants to accelerate the development of Indonesia’s massive geothermal energy reserves, power producers said.
Thu, 29 Apr 2010
Indonesia Vs. The Volcano: A $12 Billion Geothermal Dream
Visit any of Indonesia’s islands, and chances are a day trip to one of this massive archipelago’s volcanoes will be on your itinerary. Many of them are still active, beguiling you with their surreal landscapes, with guides enticing you to smear the steamy, grey volcanic mud on your face for a...
Thu, 29 Apr 2010
Two hundred Indians leave Batam
Indians apologize over Batam riot through bannersThe Jakarta Post, Batam Two banners stating an Indians’ apology over last week’s clash at shipbuilding company PT Drydock World Graha dockyard in Tanjung Uncang, Batam, Riau Island, were placed Sunday along a road leading to the dockyard.Kompas.
Thu, 29 Apr 2010
Almost 300 tax officers sanctioned
The Directorate General of Taxation has handed down sanctions, ranging from reprimand to dismissal, to 290 of its officers in the first semester of the year for violating internal regulations.Tax office chief Mochammad Tjiptardjo said Wednesday the directorate general took the punitive measures to...
Thu, 29 Apr 2010
Telecommunication industry worth Rp 30t in investment
The country’s telecommunication industry is worth up to Rp 30 trillion (US$3.6 billion) in investment within the next two years, a minister says.Communication and Information Technology Minister Tifatul Sembiring said Wednesday undersea cable and cellular phone manufacturing would emerge as the...
Thu, 29 Apr 2010
Indonesian Businesses Want Everyone to Shoulder Power Burden
The government’s reduction of its proposed electricity price hike from 15 percent to 10 percent was not enough to satisfy business leaders, who on Wednesday said that lower-income consumers should not be shielded from the tariff hike.
Thu, 29 Apr 2010
Rattan handicraft goods still dominate Cirebon`s exports
Sumber (ANTARA News) - Rattan handicraft articles still dominated Cirebon`s export commodities, although many of the raw materials of the products had been replaced with wood and plastic, an official of the local industry and trade agency said.
Thu, 29 Apr 2010
Indonesia Late in Adopting Inverter Tech
VIVAnews - Compared to such neighboring countries as Malaysia, Vietnam, and Singapore, Indonesia is considered late in adopting the inverter technology on air conditioners.The inverter-planted AC is able to save power in considerable percentage during usage.
Wed, 28 Apr 2010
Confusion over 10 percent Tax on Food and Beverages
the only "confusion" over this issue is with the YLKI, who tried to make an issue without fully understanding what they were talking about.then you get amateurs taking up the story in the Jakarta Globe.yes, PPn has been removed.but alas, been replaced with the provincial tax.end of story.
Wed, 28 Apr 2010
Confusion over 10 percent Tax on Food and Beverages
<I>Interesting... Because this is still on the site.</I>Eating out just got cheaper. The 10 percent value-added tax on food and beverages has been abolished by the government and should not be paid, consumer protection groups said on Tuesday. The industry, however, thinks differently.
Wed, 28 Apr 2010
Indonesia's Shoddy Infrastructure Threatens Exports of Fruits and Vegetables
Poor infrastructure is eroding Indonesia’s competitiveness in exporting fresh produce and needs to be addressed before the Asean Economic Community single market becomes a reality in 2015, horticultural leaders said on Tuesday.
Wed, 28 Apr 2010
Confusion over 10 percent Tax on Food and Beverages
the Globule finally admits they were wrong, and that the restaurant VAT story was a non-story ...Consumers Break Even in Confusion Over Vallue Added TaxCall it the mystery of the value-added tax. Or the case of the tax break that wasn’t.
Tue, 27 Apr 2010
DPR Monitors Indian Products
TEMPO Interactive, Jakarta:The House of Representatives(DPR) is warning local businessmen to prepare themselves for the invasion of Indian products, as they will be low-priced, in line with the plan to ratify the ASEAN–India free-trade agreement.
Tue, 27 Apr 2010
Confusion over 10 percent Tax on Food and Beverages
jakarta globe should do their research. sure, the central govt has erased 10% PPn on restaurant food and drink, but it has been replace with "pajak daerah", which is ... wait for it ... 10%.
Tue, 27 Apr 2010
Confusion over 10 percent Tax on Food and Beverages
Though the government officially abolished the 10 percent value-added tax of food and beverages on April 1, businesses are still continuing to impose the additional charge, the Indonesian Consumer Protection Foundation warned on Tuesday.
Tue, 27 Apr 2010
Manpower ministry to improve outsourcing regulation
Jakarta (ANTARA News) - Manpower and Transmigration Minister Muhaimin Iskandar said his office, in coordination with various other parties, including trade unions, would improve the country`s manpower regulations, especially on outsourcing.
Tue, 27 Apr 2010
RI, Iceland agree to develop clean energy
Jakarta (ANTARA News) - Indonesia and Iceland have agreed to cooperate in the development of geothermal energy to really contribute to the development of clean energy in the world."President Yudhoyono and President Olafur agreed Indonesia and Iceland would develop cooperation in the field of...
Tue, 27 Apr 2010
Indonesia to take lead on geothermal energy: president
President Susilo Bambang Yudhoyono pledged Monday to make Indonesia the world's biggest user of clean, renewable geothermal energy, and urged private investors to back him.The archipelago of 234 million people and more than 200 volcanoes is estimated to possess around 40 percent of the world's...
Tue, 27 Apr 2010
Small-Scale Indonesian Garment Factories Among Biggest Losers in Free Trade With China
Mufardi Rusli’s neighbors hunch over tables covered in brightly colored fabric, the whirring of their sewing machines echoing across this Jakarta neighborhood. For Mufardi, the sound is a bitter reminder of the $2 line of jackets that bankrupted him, costing him a garment business it took 15...
Tue, 27 Apr 2010
Indonesia's Ambitious Geothermal Goals Seen Requiring Big Changes
President Susilo Bambang Yudhoyono on Monday declared that Indonesia would surpass the United States and the Philippines to become the world’s largest user of geothermal energy by 2025 - a goal experts said was achievable but would require some changes in the way the government operates.
Tue, 27 Apr 2010
North Sulawesi to dominate ASEAN market
Manado, N Sulawesi (ANTARA News) - North Sulawesi province is on target to dominate the export markets in the Asean countries in the free trade era."The commodities produced by the farmers and fishermen in North Sulawesi are needed by Asean countries and therefore we will make every effort to...
Tue, 27 Apr 2010
Lampung`s jelly fish in great demand in 4 countries
Bandarlampung (ANTARA News) - Lampung province`s jelly fish and sea cucumbers had been selling well on the world market, especially in Canada, Singapore, South Korea and the United States.Head of the Lampung industry and trade agency Suparmo said here Monday that these commodities had been...
Mon, 26 Apr 2010
Tax Holiday Negotiation Unsettled: Investment Board
TEMPO Interactive, Jakarta: The Investment Coordinating Board clarified statement made by Industry Minister MS Hidayat last week that the Finance Department had agreed with the agency to impose tax holiday.
Mon, 26 Apr 2010
Business implications of the freedom of information law
The entry into force of the Freedom of Information (FoI) Law in Indonesia will have significant impact not only on government operation but also business. Business could either benefit, or in another circumstances, be harmed, by information disclosure through the FoI regime.
Mon, 26 Apr 2010
Indonesia hosts world's biggest Geothermal energy forum
The Anak Krakatau erupts in Indonesia. Photo: November 2007Indonesia wants to use the energy created by its volcanoesIndonesia is hosting what is being called the world's biggest Geothermal energy conference.
Sun, 25 Apr 2010
Cellsafe to expand biotech activities in Indonesia
Kuala Lumpur (ANTARA News/Bernama) - Cellsafe International Group, a regional stem cell biotechnology company, is to expand its biotechnology business and research and development activities in Indonesia following a strategic partnership with PT Kimia Farma TBK (Kimia Farma).
Sun, 25 Apr 2010
BKPM approves 20 foreign investment projects in Batam
Batam (ANTARA News) - The Capital Investment Coordinating Board (BKPM) has approved in the first quarter this year 20 new foreign investment projects worth US$16.9 million in Batam, Riau Islands province.
Sun, 25 Apr 2010
The labor unrest in Batam
Seen from the speed in which the riot spread, there should have been more than a mere racist remark made by an Indian supervisor that triggered the labor unrest at one of the three shipyards of PT Drydocks World Graha on Batam Island, near Singapore, on Thursday morning.
Sat, 24 Apr 2010
Two hundred Indians leave Batam
Batam, Riau Islands,(ANTARA News) - About 200 ethnic Indians have evacuated to Singapore following Thsursday`s riot which was fueled by a racist remark by an Indian worker at Drydocks World Graha, an Indian community leader said.
Sat, 24 Apr 2010
Indonesia develops new growth centers outside Java
Denpasar (ANTARA News) - Indonesia is developing new economic growth centers outside the country`s most populous island of Java to support national economic growth, a minister said."The development of growth centers puts emphasis on local resource-based manufacturing industries," State...
Sat, 24 Apr 2010
A Top Indonesian Lawyer May Be Honest to a Fault
JAKARTA, IndonesiaHOTMAN PARIS HUTAPEA is, by his own reckoning, the freest lawyer in Indonesia.In a country where bribes play an integral part in the legal system, where attorneys and judges usually hide part of their wealth to deflect unwanted attention, Mr.
Fri, 23 Apr 2010
Indonesian Real Estate Sector Ready for Takeoff: Bakrieland Exec
there are those who claim land is devalued as a result of going from hak milik to HGB. but in practice, I feel it doesn't really affect it that much. there is in fact a process to convert it back to hak milik, should there be such a desire, and in fact this often happens just before the expiry of...
Fri, 23 Apr 2010
Govt sets up fact-finding team to investigate Batam rioting
I'm sure all we Jakchatters have indeed "learn[ed] local customs and good ways of communicating with local workers to avoid recurrence."
Fri, 23 Apr 2010
Indonesian Real Estate Sector Ready for Takeoff: Bakrieland Exec
So, does land under a HGB or HGU trade for the same price as freehold land? Isn't it a sort of hot potato which no-one wnats to be holding when the time runs out?
Fri, 23 Apr 2010
Govt sets up fact-finding team to investigate Batam rioting
From the shoutbox:Sammy Jankis: Not news: An Indian allegedly says that "Indonesians are stupid".Sammy Jankis: News: 5000 Indonesians prove that statement true by burning multiple cars, burning buildings and nearly killing the Indian.
Fri, 23 Apr 2010
SBY’s Tampaksiring Strategy needs broadband to succeed
SBY’s “Tampaksiring Strategy”, announced from Bali this week, is the most significant initiative so far in the President’s five-year tenure.The plan is a new game-changer in two ways: First, it departs from the dreadful GDP boosterism of Indonesia’s past, in which few looked closely at...
Fri, 23 Apr 2010
Indonesia Prepared to Offer ‘Tax Holiday’ to Some Investors: Industry Minister
Industry Minister MS Hidayat said on Thursday that the government has agreed to offer investors further tax incentives to help achieve its ambitious target of attracting Rp 10,000 trillion ($1.1 trillion) in new investments by 2014.
Fri, 23 Apr 2010
Government Targeting Investment of Rp10,000 Trillion over Five Years
TEMPO Interactive, Gianyar:The Government in targeting incoming investment of Rp10,000 trillion for the next five years.Half of the investment is expected to come from the private sector.“The action plan is Rp10,000 trillion in five years.
Fri, 23 Apr 2010
Govt sets up fact-finding team to investigate Batam rioting
Jakarta (ANTARA News) - The ministry of manpower has set up a fact-finding team to be sent to PT Drydock World Graha in Batam following rioting at the company on Thursday."I have ordered the setting up of a fact-finding team to be immediately dispatched to the field and immediately settle the...
Fri, 23 Apr 2010
Indonesian Real Estate Sector Ready for Takeoff: Bakrieland Exec
Quoting: Polisi CepekHmm, how would it work if foreigners could own property but just for 90 years? Surely that's not ownership, but rental?all property owned by companies in indonesia is in fact not in perpetuity (ie, freehold).
Thu, 22 Apr 2010
Indonesian Real Estate Sector Ready for Takeoff: Bakrieland Exec
Hmm, how would it work if foreigners could own property but just for 90 years? Surely that's not ownership, but rental? With whom would the actual title lie - the person who sold it to them? Could the foreigner sell the land to an Indonesian who would then own the land without the time limit?
Thu, 22 Apr 2010
Current decentralization system the right thing, says president
Tampak Siring (ANTARA News) - President Susilo Bambang Yudhoyono said the current decentralization system of the government is correct so that the development activities of central government and regional administrations had been running well.
Thu, 22 Apr 2010
Farm Estate Investors Need Local Permits, Ministry Says
ors in food-crop production will be required to get local-government permission before developing farms or estates, Agriculture Ministry spokesman Suprahtomo said on Wednesday, adding that the move aims to prevent land disputes.
Thu, 22 Apr 2010
‘Indonesia Inc.’ Hits the Road in Search of New Investors
In a bid to promote Indonesia as an investment destination, 10 state-owned companies will go on a non-deal road show next week in Hong Kong and Singapore.The road show will include the eight biggest publicly listed state-owned companies as well as two companies that have initial public offerings in...
Thu, 22 Apr 2010
Indonesian Vehicle Sales Soar in Q1 as Economy Improves
Vehicle sales surged during the first quarter of 2010, rising 73 percent from the same quarter last year, as the economic recovery gained momentum and consumers and businesses found themselves with more money and improved confidence in the future.