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.)
Wed, 14 Oct 2009
House to revise oil, gas law
Jakarta (ANTARA News) - The House of Representatives (DPR) for the 2009 - 2014 term is planning to revise Law No. 22 / 2001 on Oil and Natural Gas because it is viewed to be no longer suitable in light of latest developments in the oil and gas industry.
Wed, 14 Oct 2009
Govt expects investment to begin increasing in Q3
Jakarta (ANTARA News) - The government predicts that investment in the country will begin to increase in the third quarter of 2009 and play a role in national economic growth, a cabinet minister said."Investment is expected to increase but it is likely not more than five percent," Acting...
Tue, 13 Oct 2009
RI targets 7 million foreign tourists next year
Indonesian government targets 7 million of foreign tourists in 2010, an increase from this year's estimation of 6.4 million, an official said on Tuesday.Ministry of Culture and Tourism's Director General of Marketing Sapta Nirwandar said that the government also targeted US$7.
Tue, 13 Oct 2009
Tangerang to Inspect Foreign Workers
TEMPO Interactive, Jakarta: Tangerang Immigration office said it will conduct inspection and checks on foreign workers in the region to put their presence in order in line with the regulation, suggesting foreign workers to renew their expired or nearly expired working license.
Tue, 13 Oct 2009
New SBY govt seeks to break the infrastructure logjam
The government has repeatedly said building infrastructure will be key to its new economic policy when President Susilo Bambang Yudhoyono begins his second five-year term in office next week. But what else is new, one might validly ask.
Tue, 13 Oct 2009
Single account and submission ready early 2010
The government will start to implement a single sign-on and a single submission for businessmen with real time data early next year.NSW technical team chief Susiwiyono Mugiharso said Monday the single sign-on and single submission systems were part of the next government’s first 100 days of work.
Tue, 13 Oct 2009
Government to Increase Textile Exports
TEMPO Interactive, Jakarta:Indonesia is planning to double textile exports to Japan. “Increase in export values is expected to be achieved within five years,” said Metal, Machinery, and Textile director-general, Ansari Bukhari, last week.
Tue, 13 Oct 2009
Blitz Urges Action Against Indonesian Cinema ‘Monopoly’
Cinema operator Blitzmegaplex on Monday urged the Business Competition Supervisory Commission to take further action in response to a report Blitz submitted in June alleging that cinema giant Group 21 had monopoly control of domestic film distribution.
Tue, 13 Oct 2009
Indonesia Facing Numerous Hurdles on Road to Development
The Ministry of Industry expects sectors excluding tourism and oil and gas to increase their contribution to gross domestic product to 28.6 percent in 2015 and to 31.2 percent by 2020, up from 25.7 percent forecast for this year. But the way forward will have to be supported by sweeping changes.
Tue, 13 Oct 2009
Laying the Groundwork to Boost Investment in Infrastructure
Investors have long complained about the numerous obstacles to investing in infrastructure projects in Indonesia. Bambang Susantono, a deputy minister in charge of infrastructure development at the Coordinating Ministry for Economic Affairs, spoke with the Jakarta Globe about plans to attract...
Mon, 12 Oct 2009
Selective Enforcement of the Law: Closed Business Owner in Kuta Threaten to Re-Open his Business
Selective Enforcement of the LawClosed Business Owner in Kuta Threaten to Re-Open his Close Business if Badung Officials Do Not Enforce the Law Equally.NusaBali carries the story that the closure of at least four entertainment and accommodation venues by the Badung regency's enforcement agency...
Mon, 12 Oct 2009
No Need for Bali to be Kept in the Dark
Sometime the best ideas come to you in dark. I think this was the case the other evening when I sat in the dark for four hours in what was my first of what promises to be the first of many power blackout evenings expected to stretch until early December. As reported on balidiscovery.
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
the word "will" appears 8 times in that article.in indonesia, don't believe anything until you see it. and even then, remain sceptical.
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
So does that mean importing a MOGE will be cheaper? Anybody know what's the going rate now anyway?
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
JAKARTA, Indonesia - The Indonesian government has announced it will reduce import tariffs on vehicles next year. The government sees this as the final cut in MFN (most favored nation) tariff rates as required under World Trade Organization regulations.
Mon, 12 Oct 2009
CIC to Use Bumi for Indonesia Investment
JAKARTA -- China's sovereign wealth fund is looking to make natural resource investments in Indonesia through a partnership with PT Bumi Resources, the nation's largest coal mining company by output, Bumi said Friday.China Investment Corp. last month agreed to lend $1.
Mon, 12 Oct 2009
Medco plans wood pellet production
Benget Besalicto Tnb., The Jakarta Post, Jakarta Indonesia’s largest private energy firm Medco Group will expand its forestry business by producing renewable energy wood pellets, for which it sees a rising demand on the international market, a senior government official said.
Sun, 11 Oct 2009
Greenpeace attacks New Zealand company for 'climate crime'
Seven activists of the international Greenpeace environment organization were arrested Sunday after painting a protest slogan on the side of an Indonesian ship unloading palm-kernel animal feed at the New Zealand port of New Plymouth.
Sat, 10 Oct 2009
Provincial Governments' Business & Investment Luncheon (Jakarta, Tuesday 13 October)
Indonesia's 33 provinces invite you to participate in their inaugural Provincial Business Luncheon and Networking function at the Ballroom, Sultan Hotel Jakarta on13 October 2009.The event is hosted by two provincial associations, the ADP ESDM-LH PI and AIPMP representing:· Directors-General of...
Sat, 10 Oct 2009
Upstream oil and gas regulator gets new deputy from KPK
Alfian, The Jakarta Post, JakartaThe government has appointed a gratuities director at the Corruption Eradication Commission (KPK) as one of top officials at the upstream oil and gas regulator BPMigas.Lambok Hamonangan Hutauruk was sworn in as BPMigas's deputy for legal evaluation on Friday.
Sat, 10 Oct 2009
Papua plans to build first cement factory
Jakarta (ANTARA News/Asia Pulse) - Papua will build its first cement factory with an annual production capacity of 1 million tons in 2010, the Indonesian regional administration said.Papua Governor Barnabas Suebu said the project will cost Rp2.
Sat, 10 Oct 2009
S Sulawesi to present its investment prospects to foreign envoys
Makassar (ANTARA News) - The Ministry of Foreign Affairs has invited the South Sulawesi provincial administration to present investment opportunities in the region to 40 foreign ambassadors in Indonesia.
Sat, 10 Oct 2009
Government Urged to Stop Exporting Raw Materials
TEMPO Interactive, Semarang: Indonesian Businessmen Association (API) chairman, Sofyan Wanandi, called on the government to immediately stop exporting raw materials and, instead, let local companies produce these materials so they can contribute positively to the national economic development.
Sat, 10 Oct 2009
MFC Global Eyes Indonesian Currency
TEMPO Interactive, Singapore: Manulife Financial’s business unit, MFC Global Investment Management, announced their interest in investing in Rupiah and Singaporean Dollars.The two currencies were chosen since their values have been appreciating along with the acceleration of economic growth in...
Fri, 09 Oct 2009
Indonesia consumer confidence slips on price worries
JAKARTA, Oct 8 (Reuters) - Indonesian consumer confidence slipped in September, on concerns over rises in key prices including toll road fees and electricity tariffs, a central bank survey showed on Thursday.
Fri, 09 Oct 2009
Peabody Energy opens office in Indonesia
ST. LOUIS -- Coal company Peabody Energy Corp. said Thursday that it opened an Indonesian office to take advantage of coal sourcing opportunities and expand its presence in the marketplace."The Pacific markets are driving global demand for coal and are expected to achieve 5 to 10 percent...
Fri, 09 Oct 2009
Businesses Clamor for Currency Stability As Rupiah Continues Its Recent Surge
The recent rapid rise of the rupiah against the US dollar has drawn a mixed bag of responses from industrial players, but most of them agreed that currency stability was of paramount concern.Hidayat Triseputro, the executive director of the Indonesian Iron and Steel Industry Association, said the...
Fri, 09 Oct 2009
PLN Reveals $2.2b Power Plan to Link Sumatra and Java
State utility PT Perusahaan Listrik Negara plans to invest $2.2 billion in an electricity-transmission network in Sumatra, including an underwater link connecting the Sumatra and Java grids for the first time, a company official said on Thursday.
Fri, 09 Oct 2009
Investment in Indonesia’s Papua Province a Hard Sell
Despite the presence of heavyweight investors, many of those attending “Papua Investment Day” at the Four Seasons Hotel in Jakarta on Thursday said they didn’t expect too much to come out of the conference.
Thu, 08 Oct 2009
Mandiri hosts Papua investment day
State-owned bank PT Bank Mandiri hosted Papua Investment day on Thursday as part of efforts to persuade businessmen to invest in Papua and West Papua provinces.The two-day-event, which will conclude on Friday, is attended by 60 investors, 11 state enterprises, and Papua and West Papua governments.
Thu, 08 Oct 2009
Dingxin, Bintangdelapan set up nickel joint venture
Stainless steel producer Dingxin Group of China and nickel mining company PT. Bintangdelapan Mineral of Indonesia have agreed to form a joint venture company in Central Sulawesi to mine and process nickel.
Thu, 08 Oct 2009
Kadin calls for incentives for investors in Papua
Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) said that businesses which wanted to invest in Papua should be given incentives such as tax holidays in order to accelerate growth in the region.
Thu, 08 Oct 2009
Entrepreneurs Asked to Help in Eradicating Corruption
TEMPO Interactive, Jakarta: Entrepreneurs are being asked to play an active role in eradicating corruption. According to Transparency International, the funds found in corruption cases come from the private sector.
Thu, 08 Oct 2009
Furniture Makers Eye China’s EU Markets
Eco-labeling and better quality control have put Indonesian furniture makers in position to grab some of China’s share of the European Union market, the industry association said on Wednesday.All members of the Indonesian Furniture Industry and Handicrafts Association (Asmindo) that export to...
Thu, 08 Oct 2009
New Restrictions Set to Affect Indonesia’s Commercial Farms
The Agriculture Ministry is considering a plan to issue restrictions affecting commercial farms, including a provision that could limit crop exports, a senior official said on Wednesday. The move is to protect domestic food security.
Thu, 08 Oct 2009
Norway’s Hydro Considering $4b Investment in Indonesia
Giant Norwegian aluminium producer Hydro could invest up to $4 billion in a proposed alumina plant with state miner PT Aneka Tambang in Tayan, West Kalimantan, if Russia’s United Company Rusal decides to pull out of an earlier partnership agreement, a senior government official said on Wednesday.
Thu, 08 Oct 2009
RI economy may expand 5.9 percent
Indonesia's economy may expand more than 5.9 percent next year if the government pushes efforts to support the tradable sector that produces goods, economist Faisal Basri said Wednesday."The economy may expand 5.9 percent without the government doing anything (significant).
Thu, 08 Oct 2009
TI: 60 percent of Indonesian businesspeople pay bribes
Most business players in the country tend to pay bribes to public officers, including government officials, to smooth their business, a survey conducted by the Transparency International (TI) reveals.TI found in its latest survey that corruption remained unchecked in Indonesia, involving up to 60...
Thu, 08 Oct 2009
Mining to attract $6b: BKPM
Alfian, The Jakarta Post, Jakarta Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part because of a greater degree of certainty following the enactment of the mining law, theInvestment Coordinating Board (BKPM) says.
Thu, 08 Oct 2009
Govt imposes safeguard on nails
Mustaqim Adamrah, The Jakarta Post, Jakarta The government has imposed a safeguard measure to protect local producers of nails and wire against a spike in imports from China and Malaysia, by introducing additional fees on imported goods of this type.
Thu, 08 Oct 2009
House hits at foreign oil firms
Two days before the end of its five-year tenure on Sept. 30, the House of Representatives took a final shot at foreign oil companies, urging the government to submit a new bill to replace Law No. 22/2001 on oil and gas, arguing the present law is far too loaded in favor of foreign contractors.
Thu, 08 Oct 2009
Faisal Basri Offers Five Strategic Development Targets in His New Book
TEMPO Interactive, Jakarta: An economist from the University of Indonesia, Faisal Basri, is recommending five strategic targets to the next government in order to achieve the acceleration of equal and fair economic growth.
Thu, 08 Oct 2009
Indonesia`s petrochemical industry needs US$22.6 bln in new investment
Jakarta (ANTARA News/Asia Pulse) - Indonesia's petrochemical industry needs an additional investment of U$22.6 billion in the upstream sector in the next five years to support the downstream sector of the industry, PT Tuban Petrochemical Industries said.
Thu, 08 Oct 2009
President to launch Palapa ring project
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono is scheduled to officially launch the physical construction of the Palapa Ring project on October 12, 2009.Communication and Information Ministry spokesman Gatot S.
Wed, 07 Oct 2009
Indonesian Government’s Failure To Balance Books Hurting Reforms
In a democratic nation, transparent financial reporting is a crucial tool for citizens to use in monitoring the way the government spends their money.The Indonesian government, however, is regularly criticized for the low quality of its financial reports and the lack of competency within its...
Wed, 07 Oct 2009
Furniture Exports to Fall 18% This Year
Even as furniture makers target new markets, overall furniture exports are expected to decline 18 percent this year as demand in Europe and the United States sags because of the recession.In contrast, domestic handicraft makers are expected to be largely unaffected by the crisis.
Wed, 07 Oct 2009
US-Indonesia Bilateral Agreement May Spur Trade Liberalization
The US-Indonesia bilateral partnership agreement to be signed at the end of this year could lead to the removal of tariffs on some Indonesian products such as textiles, said representatives of the business community.
Wed, 07 Oct 2009
Chinese Bank May Pull Out Of Sumatra Coal Railway
The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned coal miner PT Tambang Batubara Bukit Asam because the scheme has yet to receive the necessary permit from the Transportation Ministry, Bukit Asam’s top executive said on Tuesday.
Wed, 07 Oct 2009
Indonesia facilitates investments from China
Indonesian foreign investment coordinating agency of BKPM (Badan Koordinasi Penanaman Modal) has set up a particular service desk aimed at facilitating investors from giant economies like China to do business and pump more investments in Indonesia, BKPM minister Muhammad Lutfi said on Tuesday.
Wed, 07 Oct 2009
Alternate power blackout in Bali imminent
The Denpasar branch of state owned electricity company PLN will apply alternate power blackouts in Bali for 56 days starting Oct. 10.Kompas.com reported Wednesday that the blackout would be inevitable as gas-fired power plant (PLTG) Gilimanuk will undergo maintenance, which will decrease the power...