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Tue, 25 Mar 2008
Boost planned for coffee
The Agriculture Ministry wants to make Indonesia a leading prime coffee producer in the world by 2025, the ministry's plantation affairs director, Achmad Mangga Barani, said Wednesday (19/3/08), Antara reported.
Tue, 25 Mar 2008
Daimler may expand bus capacity
Daimler AG, the world's largest maker of commercial vehicles, may raise its production capacity for buses in Indonesia as much as 15-fold, Bloomberg reported Tuesday (18/3/08).The company may invest 10 million euros ($16 million) to expand capacity at its factory in Bogor, West Java, Rudi...
Tue, 25 Mar 2008
Korindo Group to build new pulp plant
The South Korean Korindo Group said it plans to build a new pulp factory in the country, to cost $350 million in 2009, Asia Pulse reported Monday (17/3/08).The company already has three pulp plants with a total production capacity of 800,000 tons a year and a newsprint factory, which has exported...
Tue, 25 Mar 2008
FDI up 19.6% in January
Approvals of foreign investment proposals rose 19.6% on year in January, Thomson Financial reported.They hit $1.40 billion from $1.17 billion a year earlier, data from the National Investment Coordinating Board (BKPM) showed Wednesday (19/3/08).
Tue, 25 Mar 2008
Min: GDP growth could be below 6.4% target
Economic growth this year could be below the government's 6.4% target due to rising uncertainties in the global economy, Finance Minister Sri Mulyani Indrawati said Monday (17/3/08), Dow Jones reported.
Tue, 25 Mar 2008
President wins $3.5B in investment commitments
President Susilo Bambang Yudhoyono wound up his 10-day overseas trip with commitments of $3.5 billion in investment commitments from businessmen in Dubai, the United Arab Emirates.President Yudhoyono returned to Indonesia on Friday (21/3/08), Antara reported, after a tour which took in Iran, where...
Mon, 24 Mar 2008
Indonesian plantation firm to stage IPO in April
Jakarta (ANTARA News/Asia Pulse) - PT Gozco Plantations has said it will sell 1.5 billion shares or 30 per cent of its shares in an initial public offering (IPO) to be held next month.The company said it hoped to secure approval from the capital market and financial agency watchdog Bapepam in the...
Mon, 24 Mar 2008
Minister pledges to resolve labor regulation problems
The Jakarta Post, JakartaThe country's messy labor regulations and bureaucracies have not only discouraged foreign investors from setting up much needed labor-intensive businesses here but have also undermined efforts to send more local workers overseas.
Mon, 24 Mar 2008
International Paper to invest $4b in pulp factory
A giant U.S.-based paper and pulp company, International Paper, plans to invest more than US$4 billion in a pulp factory and industrial forest.Director general for forest product management at the Forestry Ministry, Hadi S. Pasaribu, said the pulp factory would have the capacity to produce 1.
Sun, 23 Mar 2008
Asmindo oprimistic 2008 furniture, handicraft exports to reach US$3 bln
Shenzhen (ANTARA News) - The Indonesian Funiture and Handicraft Industries Association (Asmindo) is optimistic Indonesia will achieve its target of earning three billion US dollars from furniture and handicraft product exports in 2008 despite strong competition from other countries.
Sun, 23 Mar 2008
Govt to boost supervision over labor outsourcing
The government is intensifying supervision of outsourced contract labor in response to indications that companies are misusing contract labor to avoid rigid labor regulations, an official says.Manpower and Transmigration Minister Erman Suparno told The Jakarta Post recently the government would set...
Sun, 23 Mar 2008
Indonesia to open furniture showroom in Shanghai
Shenzhen (ANTARA News) - Indonesia in May 2008 will have a showroom for furniture products in Shanghai, China, in order to promote Indonesian furniture among Chinese people on a continuous basis."We will build a permanent showroom in Shanghai to promote furniture and handicraft products in Shanghai...
Fri, 21 Mar 2008
Asmindo eyes US$60 million from furniture exports to China
Shenzhen (ANTARA News) - The Indonesian Furniture and Handicraft Industry Association (Asmindo) has set a target of furniture exports worth US$60 million to China this year, or an increase by ten percent if compared with those in the previous year, Asmindo chairman Ambar Tjahyono said here on...
Fri, 21 Mar 2008
Indonesia lacks agribusiness players, minister says
Jakarta (ANTARA News) - Agriculture Minister Anton Apriyantono said Indonesia lacked agribusiness players despite the fact that it is a big agrarian country."The number of people willing to do agribusiness in Indonesia is even smaller than that of Singapore which has a large number of agribusiness...
Fri, 21 Mar 2008
Emaar signs $600 million Indonesian mega-project
Emaar Properties and the Bali Tourism Development Corporation (BTDC) have inked a joint venture deal to create a mega-tourism and mixed-use project on Lombok.The residential and resort community will sprawl across 1175 hectares, including the pristine Kuta and Tanjung beaches.
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
jaksa is in the early stages of gentrification, dear capt.
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Originally Posted By: KuKuKaChuhe may have been, i don't know. last i spoke to him in jaksa a few months ago he didn't mention anything about that, and he still has long term plans for batam.of course, none of this has anything much to do with south bangka 'ores.
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
he may have been, i don't know. last i spoke to him in jaksa a few months ago he didn't mention anything about that, and he still has long term plans for batam.of course, none of this has anything much to do with south bangka 'ores.
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Oar. And I thought Evan was trying to sell it a few years ago.
Fri, 21 Mar 2008
Indonesia pours its money into property instead of productivity
“Indonesia’s fourth quarter Gross Domestic Product numbers paint a picture of sustainable investment-led growth. Discuss.” The “sustainable” part of that picture is true-to-life. The investment-spending is putting no serious strain on the country’s finances.
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Originally Posted By: Dilli275,288.05 "ores"? anyone here been to the batam 'ore house?
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Originally Posted By: Dilli275,288.05 "ores"? Sounds like a quote from the Blok....
Fri, 21 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Originally Posted By: KuKuKaChuno, not 275,000 ha, not 276,000 ha, but 275,288.05 ha. the South Bangka Regency is very careful about counting these kinds of things. Hey when you are getting your cigarette........
Thu, 20 Mar 2008
Dubai investors to invest US$3.5 billion in Indonesia
Dubai (ANTARA News) - A number of investors from Duba, the United Arab Emirate (UAE), have expressed commitment to investing US$3.5 billion in Indonesia, President Susilo Bambang Yudhoyono said before concluding his working visit here on Thursday.
Thu, 20 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
no, not 275,000 ha, not 276,000 ha, but 275,288.05 ha. the South Bangka Regency is very careful about counting these kinds of things.
Thu, 20 Mar 2008
South Bangka holds 275,288.05 hectares of tin ore deposits
Toboali, South Bangka (ANTARA News) - This year South Bangka Regency in Bangka Belitung (Babel) Islands Province has a total of 275,288.05 hectares of tin ore deposits, Head of the South Bangka industry, trade, cooperatives, and investment agency Endang S. Hermansyah said here on Wednesday.
Thu, 20 Mar 2008
RI resolved to become leading coffee producer by 2025
I like the kalosi toraja coffee.Oh I didn't know Vietnam produced coffee!
Thu, 20 Mar 2008
President Yudhoyono meets 75 Dubai businessmen
Dubai (ANTARA News) - President Susilo Bambang Yudhoyono on Wednesday morning held a meeting with 75 businessmen from 37 companies during his working visit in the United Arab Emirates (UAE).The president and his entourage arrived at Dubai`s Royal Air Wing international airport at 7.
Thu, 20 Mar 2008
RI resolved to become leading coffee producer by 2025
Jakarta (ANTARA News) - The Agriculture Ministry is resolved to make Indonesia a leading prime coffee and coffee product producer in the world by 2025, the ministry`s plantation affairs director, Achmad Mangga Barani, said here Wednesday.
Thu, 20 Mar 2008
Entrepreneurs Urging Government to Increase Fuel Prices
Wednesday, 19 March, 2008 | 17:11 WIBTEMPO Interactive, Jakarta: Entrepreneurs are urging the government to immediately save the budget by increasing fuel prices and electricity tariffs.It is considered that the government’s unclear policies will only reduce the general public’s purchasing...
Thu, 20 Mar 2008
Criticism over Regulation for Integrated Cellular Towers
Wednesday, 19 March, 2008 | 17:14 WIBTEMPO Interactive, Jakarta: There has been criticism about the issuing of a ministerial regulation about integrated cellular towers, especially about international investment limitations.
Wed, 19 Mar 2008
Krakatau, Pertamina to become non-listed public cos
The government said it will change the status of steel maker PT Krakatau Steel and oil and gas company PT Pertamina into non-listed public companies this year, Asia Pulse reported Tuesday (11/3/08).Under the new status, the two state companies will be required to report their business operations to...
Wed, 19 Mar 2008
Govt. to announce tax incentives for industries soon
The government said it will soon announce tax incentives for select industries in a move to boost investment, Asia Pulse reported Wednesday (12/3/08).A number of related ministers will meet to finalize the plan and to determine industries entitled to tax incentives, Coordinating Minister for...
Wed, 19 Mar 2008
Accor Group to open new hotels
The Accor Group will open five new hotels in Indonesia and four in Malaysia this year, its regional vice president Gerrard Guillouet said, Asia Pulse reported Thursday (13/3/08).The five hotels to be opened in the country this year are the Ibis in Solo and Semarang, the Grand Mercure Suite in...
Wed, 19 Mar 2008
Major groups to expand palm plantations
Two major groups announced plans last week to pump a total of $345 million into oil palm plantation expansion.PT Charindo Palma Plantations (CPP), a unit of Thailand’s Charoen Pokphand group, plans to invest $280 million after starting the planting of seedlings in its new plantations, Asia Pulse...
Wed, 19 Mar 2008
AILKI exporting 20% more lights this year
The Association of Lighting and Electrical Industries (AILKI), predicts exports of tubular lamps and light bulbs will increase by up to 20 percent this year.The association, which covers around 60 percent of the nation's total lamp production, groups together PT Philips Indonesia, PT Osram...
Wed, 19 Mar 2008
The Vietnam property boom: Will Indonesia follow?
Over the past year we have seen many international property developers in the United States and Asia, including Indonesia, start to look to Vietnam for property investment.It was reported foreign investment in property in Vietnam had reached US$5 billion in 2007, contributing 24.
Wed, 19 Mar 2008
Taiwanese firms to invest in labor-intensive sectors
Hundreds of Taiwanese small and medium businesses could relocate their operations here if the government improves its labor regulations, the Indonesian Employers Association (Apindo) says.Apindo chairman Sofjan Wanandi said the firms were interested in Indonesia because China's new labor law, in...
Tue, 18 Mar 2008
Indonesia plays power catch-up
JAKARTA - Indonesia, one of Asia’s largest fuel exporters, now faces dire power shortages, threatening to hold back an economic recovery which at 6.3 % reached its fastest pace in a decade last year. Chronic underinvestment and fast-rising industrial and consumer power demand means Indonesia is...
Tue, 18 Mar 2008
Indonesia`s CPO exports expected to reach 13.95 million tons
Jakarta (ANTARA News) - Indonesia`s crude palm oil (CPO) exports are likely to reach 13.95 million tons this year as a result of an expected 9.6 percent rise in CPO production to 18.30 million tons, according to a World Oil report.Last year, Indonesia exported 12.40 million tons of CPO, down by 1.
Tue, 18 Mar 2008
Mercedes intending to make RI bus production base for three regions
Jakarta (ANTARA News) - German auto maker Mercedes Benz intends to make Indonesia a production base for its buses for markets in Southeast Asia, the Middle East and Africa, a company executive said."Our choice fell on Indonesia because we have experience in investing in this country and Indonesia...
Tue, 18 Mar 2008
S African investors interested in Indonesia
Pretoria (ANTARA News) - South African President Thabo Mbeki said that South African investors have recently expressed interest in doing business in Indonesia.This statement was made by President Mbeki in a press conference at the South African Presidential Office, Unions Buildings, in Pretoria on...
Tue, 18 Mar 2008
Green-Watch:Government, business need to help save planet
If the government of Indonesia is having trouble facilitating and making people to be aware of the needs of throwing rubbish where they suppose to be thrown to, I doubt if the above mentioned awareness can be made familiar to general public.
Tue, 18 Mar 2008
Green-Watch:Government, business need to help save planet
For centuries, the rich natural resources of the Indonesian archipelago have been exploited. During colonial rule and the Soeharto years, Indonesians had little say about how the assets of this great nation were managed.Today the nation's ecological health is hanging in the balance.
Tue, 18 Mar 2008
Airport users demand better service
A forum was recently held by the Indonesian Consumers Organization (YLKI) to air grievances over Soekarno-Hatta airport user facilities, with the airport operator promising to improve facilities such as toilets and a prayer room in the near future.
Mon, 17 Mar 2008
President asks private sector of New Zealand to invest in Indonesia
The truth is that Indonesia likes foreign investment money, but doesn't like foreigners. Just a few examples: $1600 spend each year on working visa, marriage with Indonesian wife does not grant you any right to work here to support your family, if you plan to leave Indonesia even for a short trip...
Mon, 17 Mar 2008
Lucrative labor business sets rift between officials
In what is really about looking out for their own interests in next year's general elections, Manpower and Transmigration Minister Erman Suparno and chairman of the migrant workers' agency Jumhur Hidayat have fallen into a heated feud with no end in sight.
Mon, 17 Mar 2008
Sampoerno Agro to spend Rp 600b to up output amid rising CPO prices
Riding the wave of soaring prices of crude palm oil, publicly listed palm oil producer PT Sampoerna Agro is setting aside up to Rp 600 billion (US$65.2 million) this year to boost production.Finance director Eddy Kurniawan said the money would be spent on new land, factories and supporting...
Mon, 17 Mar 2008
RI seeks more gas for domestic market
After securing a gas supply of 1.5 million tons from the Bontang field in East Kalimantan, the government is eying another 1 million tons from the Tangguh block in Papua to meet domestic market demand, an official says.