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Sun, 28 Feb 2010
The Threat to Indonesian Energy Development
Evita Legowo, the director general of oil and gas in the Ministry of Mines and Energy said recently that the implementation of a new Environmental Law could reduce oil and gas production by up to 50 percent because of the requirement to reduce the temperature of waste water from their oil and gas...
Sun, 28 Feb 2010
C Kalimantan`s CPO production expected to reach 2.5 million tons
Palangkaraya (ANTARA News) - Central Kalimantan expects its crude palm oil production this year to reach 2.5 million tons with big private plantations having increased their cultivated areas."Several plantations are starting to harvest this year to increase annual production by around 400,000...
Fri, 26 Feb 2010
Indonesia's new law a blow to oil and gas
JAKARTA, Feb. 25 (UPI) -- Indonesia's new environmental law could result in a 40 percent drop in the country's oil and gas production.The law, passed last year, requires businesses to secure environmental permits before launching their operations.
Fri, 26 Feb 2010
Govt to reopen telecommunications towers to foreign investment
Investment Coordinating Board chairman Gita Wirjawan revealed here on Thursday that the government would push ahead with its plan to open the telecommunications towers to foreign investment to help the telecommunications industry grow faster to keep up with soaring demand.
Fri, 26 Feb 2010
Healthcare, education to be open for more foreign investment
Indonesia is inviting more foreign investment into the healthcare and education sectors in a bid to improve services as well as the quality of Indonesian human resources, according to Investment Coordinating Board chairman Gita Wirjawan.Speaking before U.S. businesspeople in Washington D.C.
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
“One time, I was asked to wait by one of the ministers, and I waited for one and a half hours. And I dared to wait."My hero! :swoon:
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
Mr. Gita "Propellor Head" Wirjawan goes to Washington.one-stop-shop? yeah, right. i have literally heard this same story nearly every single year since 1998.
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
Money talks: Indonesian Investment Coordinating Board chairman Gita Wirjawan (second right) addresses a seminar at the World Bank headquarters in Washington, DC on Tuesday. Gita updated a World Bank panel of experts on the latest situation on Indonesia’s economic reforms, including in the areas...
Thu, 25 Feb 2010
Europe Questions Indonesian Standards on Tires
TEMPO Interactive, Jakarta:European countries are still questioning the Indonesian National Standard (SNI) for tires which has impeded European tires from entering Indonesia.The National Standardization Agency chief, Bambang Setiadi explained that the road condition and the climate in Indonesia was...
Thu, 25 Feb 2010
Singapore`s Wilmar plans US$400 mln CPO complex in E. Java
Jakarta (ANTARA News/Asia Pulse) - Singapore-based Wilmar International Ltd (SGX:KD3), one of the world's largest producers of crude palm oil (CPO) hopes to start the operation of a US$400 million project in Gresik, East Java in the middle of this year.
Thu, 25 Feb 2010
Environment law may cause 50-pct drop in oil, gas production
Jakarta (ANTARA News) - Energy and Mineral Resources Ministry officials said Indonesia`s oil and gas production could drop by up to 50 percent if the industry had to comply with standard environmental quality requirements stipulated in a new environment protection law.
Thu, 25 Feb 2010
ACFTA could prompt acceleration of bureaucratic reform: observer
Jakarta (ANTARA News) - Indonesia`s competitiveness problem in facing the ASEAN-China Free Trade Area could be a "shock therapy" that would prompt the acceleration of bureaucratic reform, an academic observer said.
Thu, 25 Feb 2010
Unilever stops buying palm oil from Indonesian planter
KUALA LUMPUR (Reuters) - Consumer goods giant Unilever has told dealers not to source palm oil from Indonesian planter Duta Palma on concerns over rainforest destruction, an Indonesian industry official said on Wednesday.
Wed, 24 Feb 2010
Take No Pride in Palm Oil Output, Green Group Says
A leading non-governmental organization has urged Indonesia not to take pride in being the world’s biggest producer of crude palm oil because the production process has yet to meet standards for environmental sustainability.
Wed, 24 Feb 2010
Dispute With Astro Must Be Settled in Indonesia: First Media
Multimedia company PT First Media said on Tuesday that its legal dispute with media giant Astro Malaysia over a failed pay-television joint venture must be settled under Indonesian jurisdiction.“The Indonesian courts are the only courts that have jurisdiction to settle the matter, not Singapore.
Wed, 24 Feb 2010
Indonesia Says Obama Visit Will Spur Trade
The government plans to capitalize on US President Barack Obama’s visit to Indonesia in March by signing a number of bilateral agreements, Coordinating Minister for the Economy Hatta Rajasa said on Tuesday.
Wed, 24 Feb 2010
Bali still the Main Tourism Destination
TEMPO Interactive, Jakarta:Vincent Jemadu, the Culture and Tourism Ministry Development Director, has said that Bali is still the main tourism destination in every international market.“Almost every market in the world always put Bali as the tourist destination in Indonesia,” said Vincent at...
Tue, 23 Feb 2010
Minister: US to Sign Investment Deals During Obama Indonesia Visit
TEMPO Interactive, Jakarta: Indonesian and US government will sign about six economic cooperation agreements during the visit of President Barack Obama late nexth month, official said on Tuesday (23/2).
Tue, 23 Feb 2010
Indonesia invites countries to rent land for food production
EXCERPTS:JAKARTA - Following Brazil's trail, Indonesia is encouraging foreign and local investors to lease huge swathes of fertile countryside and help make the country a major food producer."Feed Indonesia, then feed the world," was the recent call from President Susilo Bambang Yudhoyono...
Tue, 23 Feb 2010
Indonesia Court Overturns Carrefour Monopoly Ruling
Of DOW JONES NEWSWIRESJAKARTA (Dow Jones)--An Indonesian court Wednesday overturned a regulatory body finding that the local unit of Carrefour S.A. (CRERY) violated anti-monopoly laws, and reversed the commission's ruling that the retail giant must sell its majority stake in a local retailer.
Tue, 23 Feb 2010
A targeted approach to tax holidays
One question that constantly confronts Indonesia’s Investment Coordinating Board (BKPM) is whether or how to use fiscal incentives to encourage investment. While a broad array of options are at BKPM’s disposal, such as accelerated depreciation, matching grants and payments in kind, the most...
Tue, 23 Feb 2010
Tax Office to Prepare 15 International Intelligence Agents
TEMPO Interactive, Jakarta:The Tax Directorate General has prepared 15 international tax intelligence agents who will be placed in several tax haven countries.Tax Director General Mochamad Tjiptardjo said that a tax officer’s job is like an egg farmer’s.
Tue, 23 Feb 2010
Foreign investors confused over Bank Century case : Australian observer
Jakarta (ANTARA News) - An Australian observer of Indonesian economic affairs, Hal Hill, said foreign investors were confused by the fact that the Bank Century case had become an issue being handled by Indonesia`s House of Representatives (DPR).
Tue, 23 Feb 2010
CAFTA bearable if SNI enforced : business leader
Semarang, C Java, (ANTARA News) - A business leader said here on Monday that the impact of the China-Asean Free Trade Agreement could be dealt with by the enforcement of Indonesian National Standards (SNI) requirements.
Mon, 22 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
the saga continues ...From http://www.balidiscovery.com/messages/message.asp?Id=5827Open Season in Bali on Blue Colored BirdsBlue Bird Bali Taxi Controversy Escalates.Bali News: Open Season in Bali on Blue Colored Birds(2/20/2010) Demonstrations and demands by competing drivers from Bali taxi...
Mon, 22 Feb 2010
Governors get wider powers on permits
Governors have been given more administrative powers in supervising regents and mayors in their day-to-day activities including in settling disputes over overlapping mining areas, Home Minister Gamawan Fauzi has said.
Mon, 22 Feb 2010
Natural resource exploitation is a short way
As reported by the media, coal mining activities in Kalimantan have created complex environmental and social problems. Green forests have become dry lands. Chemicals have contaminated rice fields and residential areas have been flooded.
Mon, 22 Feb 2010
Investment in SE Sulawesi`s mining sector up significantly
Kendari, SE Sulawesi (ANTARA News) - The governor of Southeast Sulawesi, Nur Alam, said investment in the province`s mining sector had increased significantly."In 2009 the number of companies that was making or have made an investment in the region was recorded at 10 out of hundreds already...
Mon, 22 Feb 2010
Getting a Visa to Stand in Line
Long Visa Lines at Bali's Airport Prompt Calls for Urgent Change from Law Makers and Tourism Leaders.(2/20/2010) Bisnis Bali reports that despite a total of 26 visa on arrival counters at Bali's Ngurah Rai International Airport, long delays of as much as two hours are being encountered by those...
Mon, 22 Feb 2010
Foreign Investor Proposal Angers Indonesian Telecom Players
Several telecommunication stakeholders on Sunday rejected the government’s plan to ease the negative investment list next month, particularly on ownership of telecom towers.Southeast Asia’s largest telecom, Singapore Telecommunications, may be one of the foreign investors to take advantage of...
Wed, 17 Feb 2010
Bali's Blue Bird of Happiness Threatened with Extinction
things are now becoming clearer: thug taxi drivers in bali want bluebird shut down because they can't cheat and steal from bules any more.Bali Blue Bird taxi drivers seek police protectionDrivers of Bali Blue Bird taxis have asked protection from Denpasar Police following protests and violence by...
Wed, 17 Feb 2010
Indonesian gov't to focus on labor intensive industries
JAKARTA, Feb. 15 (Xinhua) -- Indonesian government has promised to provide more attention on reviving manufacturing, service sectors, among the hardest hit by the global crisis last year so as to provide more employment, the Jakarta Post reported here on Monday.
Wed, 17 Feb 2010
Indonesia bans hospitals on using name of international
JAKARTA, Feb. 17 (Xinhua) -- Indonesian Health Ministry has banned hospital on using the name of "international" before having been accredited by the Joint Commission International, a senior official said here on Wednesday.Director General for Public Health Services of the ministry Farid.
Wed, 17 Feb 2010
Govt to continue campaign to promote domestic products
Bogor (ANTARA News) - The Indonesian government will continue campaigning for increased use of domestic products to maintain their leading position in the country, a spokesman said,To that end, the government had asked all cabinet ministers to also appreciate and prefer to use domestic products,...
Wed, 17 Feb 2010
Indonesia to tighten standard requirements on imported products
Jakarta (ANTARA News) - Indonesia will tighten the implementation of SNI standard requirements to prevent the inflow of cheap and low quality products following the implementation of the Asean-China Free Trade Agreement (ACFTA), a minister said.
Wed, 17 Feb 2010
Bad infrastructure in RI hampers investment: Japan
Japan said Tuesday it would be ready to increase investment here should the Indonesian government remove obstacles hampering economic growth, including power problems and bad roads.The statement was made at a meeting between the Japan Bank for International Cooperation (JBIC) and the government,...
Wed, 17 Feb 2010
Indonesia to offer infrastructure projects worth $5 billion
Indonesia will host an Asia-Pacific ministerial conference from Apr. 14 to Apr.17, offering infrastructure projects worth at least US$5 billion, officials say.The 2010 Asia-Pacific Ministerial Conference on Public-Private Partnerships (PPP) for Infrastructure Development will be held at the Jakarta...
Wed, 17 Feb 2010
OZ and NZ ‘panicky’ over RI’s food resilience program
Australia and New Zealand are reacting to Indonesia’s plans to improve the output of four food commodities through the new “food resilience” programs, Agriculture Minister Suswono says.“Self-resilience programs are yet to start but New Zealand and Australia are already panicking,” Suswono...
Tue, 16 Feb 2010
Palm estate is forest, says ministry
The Forestry Ministry is drafting a decree to include oil palm plantations in the forest sector to comply with international standards in mitigating climate change.The ministry said it believed the policy would not lead to massive forest conversion into palm oil plantations as many critics feared.
Tue, 16 Feb 2010
Police to Establish Bureaucracy Reform Secretariat
TEMPO Interactive, Jakarta:The National Police will establish a Bureaucracy Reform Secretariat.This will be in the national police follow-up plan in 2010.“Later, the secretariat will be available from the central to the regional levels,” said Inspector general Imam Soejarwo, Head of the Police...
Tue, 16 Feb 2010
Govt optimizing geothermal energy development in East Java
Surabaya (ANTARA News) - The government, in this case the East Java Investment Agency (BPM) is optimizing the geothermal energy rate in the province, in line with its renewable natural resource potential.
Tue, 16 Feb 2010
Coal industry`s revenue may drop : association chairman
Jakarta (ANTARA News) - The income of coal companies may drop by Rp17 trillion this year due to the implementation of Law Number 26 of 2007, Bob Kamandanu said here on Monday.The chairman of the Association of Indonesian Coal Miners (APBI) said if the law on spatial arrangement was implemented the...
Tue, 16 Feb 2010
W Sumatra to offer its investment prospects to Turkish investors
Padang (ANTARA News) - Regencies and cities in West Sumatra will have the opportunity to offer their investment prospects to 60 Turkish businessmen in a business forum to be held in Jakarta from March 3 to 5, 2010.
Mon, 15 Feb 2010
Indonesian Coal Suffers Setback as Sumatra Rail Line Held Up Again
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project is likely to rise by more than 10 percent, a source close to the project told the Jakarta Globe.
Mon, 15 Feb 2010
Mining law to be revised
Pangkalpinang (ANTARA News) - Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (DPRD) to the Ministry of Law and Human Rights.
Sat, 13 Feb 2010
Rules May Free $10b Of Mining Projects in Indonesia
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the development of $10 billion worth of projects that have been stalled because of the slow legislation.
Sat, 13 Feb 2010
Foul Winds Blow at Bali's Breezes Resort
Local Bali Businessman Trying to Oust Management Team from Bali's Breezes Resort and Spa.Bali News: Foul Winds Blow at Bali's Breezes Resort(2/8/2010) An ongoing dispute between an international hotel management company and a Balinese businessman has put the future operation of the 130-room Breezes...
Sat, 13 Feb 2010
Trade Ministry questions legal permits for 7-Eleven
The Trade Ministry has insisted that Japanese convenience store giant 7-Eleven may have violated regulations despite the fact that it just opened its third outlet in Jakarta on Friday.The Trade Ministry's director general for domestic trade, Subagjo, said Friday that in order to open an operation...
Fri, 12 Feb 2010
Indonesia Issues Regulations To Allow Mining Licensing -Official
JAKARTA -(Dow Jones)- Indonesia has issued two regulations that will allow investors to start applying for mining permits and for the government to tender mining areas under the Mining Law passed in December 2008, a government official said Friday.
Fri, 12 Feb 2010
Indonesia Gives Tax Incentives For Renewable Energy Investment
JAKARTA -(Dow Jones)- Indonesia introduced tax incentives to attract investment in renewable energy as the former member of the Organization of Petroleum Exporting Countries seeks to reduce reliance on fossil fuels, the Finance Ministry said Friday.