Search Archive
Search Tips
You can use boolean operators in your search:
pugilist AND basketball- Both words must appearjakarta OR surabaya- Either word can appearjakarta NOT politics- Must have jakarta but not politics+jakarta -politics- Must have jakarta, must not have politics"exact phrase"- Search for exact phrasebasket*- Wildcard (matches basketball, basket, etc.)
Tue, 16 Jan 2007
PGN blames management, technical problems for pipeline delays
State gas company PT PGN has blamed a six-month delay in the opening of a key US$1.1 billion pipeline -- which sent its shares tumbling by 23 percent last week -- on management and technical problems.The pipeline will span a total of 1,106 kilometers and link South Sumatra and West Java, and have...
Tue, 16 Jan 2007
BI drafting policy to limit number of foreign bankers
Bank Indonesia says foreign nationals will only be allowed to work as top-level executives at foreign-owned banks in the country.The central bank's deputy governor for banking affairs, Muliaman D Hadad, also said they hoped to accelerate the "transfer of knowledge" at these banks.
Sun, 14 Jan 2007
Pertamina imports 9m barrels of fuel
State oil and gas firm Pertamina will import nine million barrels of Premium and diesel fuel this January, or about the same amount it imported in December.Pertamina fuel division head Djaelani Sutomo said Friday that Pertamina would import 4.5 million barrels of Premium fuel and 3.
Sun, 14 Jan 2007
Rajawali Group eyes stake in debt-ridden Garuda Indonesia
Widely diversified local company the Rajawali Group has expressed interest in buying a stake in the ailing national carrier Garuda Indonesia, one of state firms on the goverment's privatization list.The Rajawali Group, owned by business tycoon Peter Sondakh, has sent a letter to the State Ministry...
Sun, 14 Jan 2007
RI businesses hail ASEAN pacts
Indonesian businesspeople warmly welcomed the signing of two sub-regional agreements by four members of the Association of Southeast Asian Nations during the ASEAN Summit here Friday.The first sub-regional pact creates an East ASEAN Growth Area covering Brunei, Indonesia's Kalimantan and North...
Sun, 14 Jan 2007
BKPM: Investors are Leaving ?
TEMPO Interactive, Jakarta: The Capital Investment Coordinating Agency (BKPM) acknowledged that it is yet to recognize foreign investors that left the Indonesian Special Economic Zones. “We absolutely do not know anything about the investors who are leaving.
Sun, 14 Jan 2007
Government Analyzes Oil Production Decline
"crude oil production from all refineries is around 1.04 million barrels per day. Out of that number, after being processed, only 700 barrels of fuel oil per day results. “However, fuel oil demand is 1.3 million barrels per day.
Sat, 13 Jan 2007
Indonesian reform, economy at crossroads
JAKARTA - Indonesia is on the upswing, with strong export and economic growth combining to drive the Jakarta Stock Exchange Index up by more than 55%, accounting for the world's third-best stock-market performance in 2006.
Sat, 13 Jan 2007
Data to determine government's gas policy to be issued soon
Long-awaited projections of the country's long-term gas supply and needs will be issued later this month, providing the government with reliable figures on whether or not it should go ahead with its liquefied natural gas (LNG) export policy and interisland gas pipeline projects.
Sat, 13 Jan 2007
80% Of ASEAN products exempted from tariffs
The Association of the Southeast Asian Nations (ASEAN) is moving rapidly towards a more integrated economy, with some 80 percent of total products in the region having been exempted from all tariffs since Jan 1, an official says.
Sat, 13 Jan 2007
Government Analyzes Oil Production Decline
TEMPO Interactive, Jakarta: The Energy and Mineral Resources Department analyzed the national oil production decline. Every year there is a production decrease of between five and ten percent.The Director General of Oil and Natural Gas, Luluk Sumiarso, said based on the analysis, most oil...
Sat, 13 Jan 2007
Bankers Urge BI to Relax Credit Regulation
TEMPO Interactive, Jakarta: Bankers are advising that Bank Indonesia (BI) relax the regulation on credit disbursement to the real sector. With this disbursement, the real sector, that so far has been stagnant, can grow in the future.
Fri, 12 Jan 2007
Minister to bring about bureaucratic improvements in investment sector
Jakarta (ANTARA News) - Minister for State Administrative Reforms Taufiq Effendi said that his office would improve the performance of the Capital Investment Coordinating Board (BKPM) in order to attract more foreign investors into Indonesia.
Fri, 12 Jan 2007
Trend for 3G Telephone Sales to Increase
Originally posted by: DilliAll they need to do is have someone offer full 3G service then! details details ...ProXL are geared up. they will possibly end up being the standard bearer for 3G in indonesia. thanks, of course, to malaysian money and acumen.
Fri, 12 Jan 2007
Trend for 3G Telephone Sales to Increase
All they need to do is have someone offer full 3G service then!
Fri, 12 Jan 2007
Focus on labor-intensive industries, govt told
The government needs to formulate and implement policies that promote the speedy growth of the real sector, and labor-intensive industries in particular, to help tackle Indonesia's "economic paradox", a discussion forum concluded Wednesday.
Fri, 12 Jan 2007
Investors’ Warnings to Government
TEMPO Interactive, Jakarta: Several investors and would-be of investors in special economic zones (SEZs) have said they feel uneasy since the government's promised to grant various investment incentives are yet to materialize.
Fri, 12 Jan 2007
Trend for 3G Telephone Sales to Increase
TEMPO Interactive, Jakarta: The sales trend of third generation (3G) technology-based cellular phones is predicted to continue to increase this year.Based on Tempo monitoring at the largest telephone sales center ITC Roxy Mas, West Jakarta, and at Ambassador Mall, Kuningan, South Jakarta, 3G...
Thu, 11 Jan 2007
Five years after regional autonomy, dissatisfaction rising in resource-rich
When the government launched the regional autonomy policy in 2001, the reaction in Bali was positive and hopeful.With many Balinese seeing their island as Jakarta's cash cow, it was hoped that regional autonomy would stop the central government's heavy control of the resort island's income.
Thu, 11 Jan 2007
Govt finally sees light at end of the economic tunnel
Out of the tunnel and into the light, the government appears confident that 2007 will see higher growth resulting from the revival of real sector and the maintenance of the country's hard-earned macroeconomic stability.
Thu, 11 Jan 2007
Banks Start Looking at Bio-Fuel Business
TEMPO Interactive, Jakarta: The bio-fuel development program has begun to gain the attention of the banking sector.Several banks in Indonesia have started to get involved in financing bio-fuel businesses.
Thu, 11 Jan 2007
Indonesian-Malaysian jv to build palm oil center in Maluku
Jakarta (ANTARA News/Asia Pulse) - PT Indomal Usahasama, a joint venture between Indonesian and Malaysian investors, says it plans to build a US$1 billion Palm Oil Center on the island of Mangole in North Maluku.
Thu, 11 Jan 2007
CPO price may increase in 2007
Jakarta (ANTARA News) - Crude palm oil price in 2007 will likely rise on account of a high demand for the commodity in the world market when all the while its production capacity is not on par with the demand, an official said.
Thu, 11 Jan 2007
Jamsostek to finance low-cost housing, soft loans for SMEs
Ridwan Max Sijabat and Apriadi Gunawan, The Jakarta Post, MedanThe government will issue a new regulation allowing state-owned insurance provider PT Jamsostek to invest a part of its assets in the construction of housing for low-income workers and in labor intensive small and medium enterprises...
Thu, 11 Jan 2007
Expressways still in the slow lane despite urgent need
Last year, we finally witnessed the second Indonesia infrastructure conference being held in November, after being postponed several times.However, it is still too early to tell whether the projects put on the table during the summit will progress rapidly or end up like those from the first...
Thu, 11 Jan 2007
RI moving fast on biofuel development
Indonesia is laying the foundations to become one of the world's top biofuel producers in the coming years, with 59 energy firms and institutions inking 58 agreements Tuesday as their preliminary commitments to investing US$12.4 billion in the renewable energy sector.
Thu, 11 Jan 2007
Panic at JSX
The nice thing about the JSX is you can almost bet your house that tomorrow will be a nice rally, so it's a great day to BUY, BUY BUY, especially PGAS
Thu, 11 Jan 2007
Panic at JSX
BLACK WEDNESDAY!!!I'm down about 10 million rupiah so far as the afternoon session opens. Here's a translated article.Rabu, 10 Januari 2007 13:01:19StockWatch (Jakarta) - The Jakarta Composite Index (JCI) was down sharply in the first session today (10/1) near level 1,700 at 1,712.
Thu, 11 Jan 2007
Pertamina Seeks Project Partners
State oil company Pertamina is seeking overseas partners to join it in $18 billion of projects aimed at raising production and fuel refining, Pertamina president director Ari Soemarno said.Pertamina, which is expected to have earned a record Rp23 trillion, or $2.
Thu, 11 Jan 2007
Regulation Soon on Nuclear Power
The government will soon issue a regulation on the licensing of nuclear reactors, paving the way for the construction of a nuclear power plant by 2010, an official said."The State Secretariat has verbally informed us of the regulation and will soon issue it," head of the Nuclear Energy Control...
Thu, 11 Jan 2007
Sun in New Deal on Cellular Content
Media company Sun Business Network (SBN), which reached an agreement to buy Maestro Mind International last month, has struck a new deal to purchase the holding company which owns 95% of PT Monstermob Indonesia, a leading mobile media service provider in Indonesia, Singapore’s Business Times...
Thu, 11 Jan 2007
Water Takeover Approved
Jakarta Governor Sutiyoso has approved the acquisition of tap water operator PT Thames Pam Jaya (TPJ) by Singaporean consortium Acuatico Ltd. after the committee assessing the acquisition process approved the takeover, The Jakarta Post reported.
Thu, 11 Jan 2007
Consumers Optimistic: Poll
Most Indonesian consumers are optimistic about 2007, with the further improvement of key economic indicators continuing to brighten prospects for jobs and personal finances, a survey revealed.The survey by AC Nielsen found that 68% of Indonesians have a good perception of where their personal...
Thu, 11 Jan 2007
Imports Rise in November
Official data issued Tuesday (2/1/07) indicated an increase in imports of raw material and capital goods, usually a sign that manufacturing industries are gearing up for higher production, Reuters reported.The country's trade surplus narrowed to $3.06 billion in November from $4.
Thu, 11 Jan 2007
Exports Hit New High
Exports grew 2.3% to a record high of $8.92 billion in November, according to data from the Central Statistics Bureau (BPS), while an increase in imports of raw material and capital goods indicated optimism among manufacturing industry.While the country's trade surplus narrowed to $3.
Thu, 11 Jan 2007
Indonesian, Chinese firms sign bio-fuel deal
A Chinese oil firm signed an agreement to develop a 5.5-billion-dollar bio-fuel project in Indonesia where conservationists have expressed concern over the threat to one of the world's largest remaining areas of pristine rain forest.
Thu, 11 Jan 2007
Oil Co's not enthusiastic about Indonesia
[Balibob] it's really quietened down in the last year though[Balibob] but it's more (or was) liberal than most small cities[Balibob] not so many bules now[Polar Bear] Why fewer bules BB?[Balibob] well Unocal as U know sold out to Chevron last year[Balibob] and Unocal had many Bules in...
Wed, 10 Jan 2007
SBY Asked to Take Over Oil and Gas Management
TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono has been asked to take over oil and natural gas management so that national oil production does not sharply decrease. The government has also been asked to evaluate and to audit the Upstream Oil and Gas Executive Body (BP Migas) and the...
Wed, 10 Jan 2007
Govt will urge regions to spend on development
A minister says the government will help the regions secure the more expeditious approval of their budgets from their local councils, and is devising policies to ensure that development funds are actually spent on time, rather then being parked in central bank treasury bills.
Wed, 10 Jan 2007
Mining bill could be delayed for another year
The House of Representatives is set to miss its target of passing the much-awaited mining bill by March 2007 as the committee handling it has only managed to discuss 84 of the total of 414 articles listed in the draft.
Wed, 10 Jan 2007
New rule on tankers may raise palm oil transportation tariffs
JAKARTA (JP): The Indonesian Palm Oil Businessmen Association (Gapki) has feared that new rule on the use of tankers with double-wall holds would raise the palm oil transportation tariffs by 20 percent.
Tue, 09 Jan 2007
House Speaker : Micro economy not encouraging
Jakarta (ANTARA News) - House of Representatives (DPR) Speaker Agung Laksono has said unlike the macro economic growth, the micro economic development has not been encouraging forcing the micro economic team to work harder.
Tue, 09 Jan 2007
Rubbish? That's just chicken feed, and big business too
Foreigners often face difficulties starting a business in Indonesia. But the faults aren't all with this country.Last May bureaucrats and potential investors in East Java were awaiting the first results from an important local lab analysis: Would chicken food made from Surabaya's waste turn out to...
Tue, 09 Jan 2007
Consumer confidence continues to creep upward on improved economy
The Jakarta Post, JakartaA survey from Australian research firm Roy Morgan has found that most Indonesian consumers are predicting better economic prospects for 2007.A total of 6,312 people were interviewed for the July-September 2006 quarter.
Tue, 09 Jan 2007
Telkomsel to invest $1.5 billion this year to enhance network
The country's largest mobile phone operator, PT Telkomsel, plans to expand its network by building 5,000 new Base Transceiver Stations (BTS) this year at a cost of about US$1.5 billion.With the new stations, Telkomsel hopes to penetrate every subdistrict in Kalimantan and up to 70 percent of all...
Mon, 08 Jan 2007
25 companies in competition to provide 400,000 gas stoves
A total of 25 major companies have satisfied the pre-qualification requirements in the government tender to provide 400,000 gas stoves for low-income households in Jakarta and Banten.Among the 25 companies, which specialize in the manufacturing of kitchen appliances, are PT Star Cosmos, PT Sanken...
Mon, 08 Jan 2007
E-tendering will improve transparency, official says
As part of the effort to strengthen transparency in the procurement of goods and services, State Minister for National Development Planning (Bappenas) Paskah Suzetta launched the first stage of an internet-based procurement system Friday that will eventually cover all government projects,Paskah...
Sun, 07 Jan 2007
Cell-phone users may reach 80m this year
The number of cellular telephone users is expected to reach 80 million this year, up 25 percent from 64 million in 2006, thanks to an increase in the number of operators and the launch of high-speed 3G services.
Sun, 07 Jan 2007
Pertamina delays Semarang, Gresik gas pipeline project
State oil and gas firm PT Pertamina has delayed the construction of the US$179.7 million gas pipeline linking Semarang in Central Java and Gresik, East Java, due to a lack of gas supplies.Pertamina president director Ari Sumarno said Friday that his company was still awaiting gas supplies from the...