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Fri, 05 Feb 2010
Sail Banda projected to attract 6,000 tourists
Jakarta (ANTARA News) -The Maluku provincial administration has expressed optimism that the international marine event Sail Banda 2010 would attract around 6,000 tourists to the province."Our target is that around 5,000 up to 6,000 domestic as well as foreign tourists will come to Maluku...
Fri, 05 Feb 2010
Govt revokes 715 problematic bylaws
The government has revoked at least 715 regional bylaws which were considered to have hindered investment in Indonesia within the first 100 days of President Susilo Bambang Yudhoyono's second-term administration.
Fri, 05 Feb 2010
Industry minister to relax SNI certification procedures
Jakarta (ANTARA News) - Industry Minister MS Hidayat said he would relax the SNI standardization procedures as a means of protecting the country`s industries by conducting cooperation with private research institutions and assessment agencies.
Fri, 05 Feb 2010
Only serious investors permitted to invest in food estates
Jakarta (ANTARA News) - The government will not issue licenses to develop food estates in Merauke, Papau, to investors who will only sell the permits to others, Agriculture Minister Suswono said here on Thursday.
Fri, 05 Feb 2010
Singapore investor to invest Rp400 billion in dump site
Tangerang (ANTARA News) - A Singaporean investor will soon invest Rp400 billion in the construction of a dump site at Cipeucang, Serpong subdistrict, South Tangerang municipality, Banten province, an official said.
Fri, 05 Feb 2010
Hitachi intends to raise investment in Indonesia
Jakarta (ANTARA News) - Hitachi Asia Ltd. has an intention to expand its investment in Indonesia, Chief Executive & Chief Innovation Officer for Asia, Hitachi Ltd, Yasunori Taga, said here on Thursday.
Fri, 05 Feb 2010
SBY orders envoys to attract more foreign investment
Indonesian diplomacy should aim to attract more foreign investment to help reach economic growth of 7 percent in 2014, President Susilo Bambang Yudhoyono told around 200 Indonesian envoys.This growth level would help the country create more jobs and prosperity, Yudhoyono said when opening a...
Fri, 05 Feb 2010
President asks Indonesian diplomats to help attract investment
President Susilo Bambang Yudhoyono asked Indonesian diplomats Thursday to proactively help attract investment to the country in order to meet the Rp 2,000 trillion (US$214 billion) per year in investment funds target.
Fri, 05 Feb 2010
Race for food will get tougher, officials say
The country should get its act together and make several changes if it wants to keep feeding its people amid volatile commodity prices, climate change effects and an ever-increasing population, officials said Wednesday.
Fri, 05 Feb 2010
Indonesia on Logistics Reform Path to Greater Competitiveness
Reform actions need to be matched with greater capacity to outperform regional neighborsJakarta, January 15, 2010 – Indonesia is determined to become an important player in international trade markets, and is following through on the logistical front with a series of a positive reform measures.
Thu, 04 Feb 2010
Indonesia regards FTA strategic move to boost export, investment: official
JAKARTA, Feb. 3 (Xinhua) -- An Indonesian senior official said on Wednesday that Free Trade Agreement (FTA) is a strategic move to expand the country's export markets and a short cut to increase investment in the country amid the challenging global economic condition, local media reported here.
Thu, 04 Feb 2010
RI not ready yet to compete with Chinese products
Indonesia’s steel makers are not ready to compete with cheaper products from China, which areexpected to flood the local steel market as a result of the Association of Southeast Asian Nations (ASEAN)-China Free Trade Agreement officiated early last month, an industry source said.
Thu, 04 Feb 2010
Riau Police Intensify Patrols to Overcome Smuggling
TEMPO Interactive, Batam:Riau Islands Police Chief, Brigadier General Puji Hartanto has said that the police have six long tail boats to use especially for patrols.Even though the boats are not sophisticated, they really help the police in the eradication of smuggling.
Thu, 04 Feb 2010
Riau Police Intensify Patrols to Overcome Smuggling
TEMPO Interactive, Batam:Riau Islands Police Chief, Brigadier General Puji Hartanto has said that the police have six long tail boats to use especially for patrols.Even though the boats are not sophisticated, they really help the police in the eradication of smuggling.
Thu, 04 Feb 2010
Balikpapan to Hold an Industrial Exhibition
TEMPO Interactive, Balikpapan:The Balikpapan Chamber of Commerce and Industry (Kadin) will organize an international mining, oil and gas exhibition.The event titled “The Second Kalimantan Mining Oil and Gas Seminar” will showcase the latest mining, oil and gas industries in the world.
Thu, 04 Feb 2010
Balikpapan to Hold an Industrial Exhibition
TEMPO Interactive, Balikpapan:The Balikpapan Chamber of Commerce and Industry (Kadin) will organize an international mining, oil and gas exhibition.The event titled “The Second Kalimantan Mining Oil and Gas Seminar” will showcase the latest mining, oil and gas industries in the world.
Thu, 04 Feb 2010
FTA is strategy to expand exports, accelerate investment: Official
Jakarta (ANTARA News) - The Free Trade Area (FTA) is a strategy for expansion of exports and acceleration of investment development in the face of tighter and dynamic global competition, a senior economic official said.
Wed, 03 Feb 2010
Court to Study Request For Review Laws Managing Indonesia's Coasts
The Constitutional Court will conduct a preliminary hearing today to examine a request for a judicial review of the Coastal Zone and Small Island Management law of 2007, which traditional communities claim could threaten their economic livelihoods and the sustainable management of coastal areas.
Wed, 03 Feb 2010
Recovery in Indonesian Mining Sector Expected To Boost Sales, United Tractors Says
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year thanks to rising demand from the mining sector.“We have seen a recovery in the mining business.
Wed, 03 Feb 2010
RI becomes Toshiba production hub for Asia
Japanese electronics giant Toshiba has chosen Indonesia as the company’s regional production hub for liquid crystal display (LCD) television sets and has relocated its Vietnamese factory to Indonesia.
Wed, 03 Feb 2010
Hopes up for condo market liberalization
Property analysts expect the condominium market to benefit this year from a revision to government regulations that will allow an extension of foreign ownership from 25 years to 70 years.The expectation follows a statement from Public Housing Minister Suharso Monoarfa earlier last month, promising...
Wed, 03 Feb 2010
Ministry seek to tighten optical disc import
The Industry Ministry plans to employ tighter regulation for the import of blank optical discs and also machines, tools and ingredients needed in the discs production, a director general said Wednesday.
Wed, 03 Feb 2010
Exports expected to recover in 2010 : minister
Jakarta (ANTARA News) - Finance Minister Sir Mulynai Indrawati said there were indications that the trade sector, particularly exports, would recover along with the general economic recovery this year."The latest figures show indications of recovery in the export sector," the minister...
Wed, 03 Feb 2010
Staff: Acfta mere legalizing smuggled products from China
Jakarta (ANTARA News) - A finance minister`s expert staff, Chatib Basri, said the implementation of the Asean-China Free Trade Agreement (ACFTA) should not cause fear as what would happen is the smuggled products from China is legalized.
Wed, 03 Feb 2010
Govt told to immediately deal with Chinese products
Jakarta (ANTARA News) - Economic observer Farial Anwar said the government has been asked to immediately overcome the entry of Chinese products into Indonesia by issuing new policies, and the situation was one of the impacts of the China-Asean free trade cooperation agreement of January 1, 2010.
Wed, 03 Feb 2010
Bureaucratic Reforms to be Completed by 2025
TEMPO Interactive, Jakarta:The government has targeted bureaucratic reforms in all ministries and state departments to be completed by 2011. Meanwhile, reforms in all provincial governments are expected to be completed by 2025.
Tue, 02 Feb 2010
Tourism Industry Suffered Last Year as Visitors Spent Less and Curtailed Stays
I wonder have they considered the long-term consequences of all the scumbags trying to rip you off at every turn on return visitors?
Tue, 02 Feb 2010
Indonesia's Palm Oil Industry Seeks New Standards
The palm oil industry, which is regularly accused of being a major contributor to climate change, wants to develop a universally accepted measurement of the environmental impact of palm oil production.Witjaksono Darmosarkoro, director of the state-run Indonesian Oil Palm Research centre (PPKS),...
Tue, 02 Feb 2010
Tourism Industry Suffered Last Year as Visitors Spent Less and Curtailed Stays
The global financial crisis made life tough for the tourism industry last year, with visitors spending less money and staying for fewer days even though the overall number of tourist arrivals increased slightly.
Tue, 02 Feb 2010
Five political risks to watch in Indonesia
JAKARTA, Feb 1 (Reuters) - Indonesia's improved economic outlook prompted a sovereign ratings upgrade by Fitch last week to one notch below investment grade, but the risk that reforms are stifled by powerful vested interests may hit markets.
Mon, 01 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
Exactly. This one smells massively of fish. All the other cab companies must have had a whip round in order to bribe a few local scum bags holding the reins of power.
Mon, 01 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
indeed you are correct, mr. marmz. one of the best-run companies in Indonesia, operating the best taxi service at a reasonable cost with the least amount of driver hassle/stupidity, and the local political hoons are out to close them down.
Mon, 01 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
Victory for the "TRANSPORT meester!" scumbags. Certainly not depending on those assholes.
Mon, 01 Feb 2010
Indonesia's Big Rail Plans
Indonesia is either about to get the most advanced high-speed rail operation in the world -- or it isn't. On Jan. 7, the Ministry of Transportation announced in Jakarta that following a 90 day feasibility study, work will begin this year to build a US$3 billion high-speed 357-km railway connecting...
Mon, 01 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
Permit Anomalies at Bali's Blue Bird Taxi Threaten to Close Down 500 Car Fleet.(1/30/2010) Bali's Transportation, Information and Communication Department (Dishubinfokom) is not prepared to make comment regarding widely publicized allegations in island's press that the well known Blue Bird taxi...
Mon, 01 Feb 2010
Scaled-back expectations in Indonesia
JAKARTA - An estimated 7,000 to 10,000 people gathered across Jakarta on Thursday to mark the 100th day of President Susilo Bambang Yudhoyono's second term in office. Waving banners and shouting into bullhorns, students, workers and activists lashed out against the former general's failure to curb...
Mon, 01 Feb 2010
Investment for Cepu, Senoro, Tangguh more than doubles
Skyrocketing 2008 oil prices caused a big increase in the investments needed for the Cepu, Senoro and Tangguh oil and gas projects, doubling initial costs, upstream oil and gas regulator BPMigas reported recently.
Mon, 01 Feb 2010
Investment for Cepu, Senoro, Tangguh more than doubles
Skyrocketing 2008 oil prices caused a big increase in the investments needed for the Cepu, Senoro and Tangguh oil and gas projects, doubling initial costs, upstream oil and gas regulator BPMigas reported recently.
Mon, 01 Feb 2010
Investment Predicted to Increase at least Rp. 13 Trillion
TEMPO Interactive, Klaten:Investment Coordinating Board (BKPM) chairman, Gita Wirjawan is optimistic that Indonesian investment value increase from 10 to 15 percent this year. The reason cited was the enactment of the one-door integrated service, which will simplify the process of capital...
Mon, 01 Feb 2010
Investment Predicted to Increase at least Rp. 13 Trillion
TEMPO Interactive, Klaten:Investment Coordinating Board (BKPM) chairman, Gita Wirjawan is optimistic that Indonesian investment value increase from 10 to 15 percent this year. The reason cited was the enactment of the one-door integrated service, which will simplify the process of capital...