Indonesian Political, Business & Finance News

Search Archive

Search Tips

You can use boolean operators in your search:

  • pugilist AND basketball - Both words must appear
  • jakarta OR surabaya - Either word can appear
  • jakarta NOT politics - Must have jakarta but not politics
  • +jakarta -politics - Must have jakarta, must not have politics
  • "exact phrase" - Search for exact phrase
  • basket* - Wildcard (matches basketball, basket, etc.)

Found 204 articles

Threat of Carbon Emission Sales Agreement with Singapore Being Canceled

Monday, 31 March, 2008 | 16:59 WIBTEMPO Interactive, Jakarta: There is a threat that the agreement for the sale of carbon emissions with several Singaporean companies in the chocolate farming in West Papua will be canceled.

Indonesia feels the pinch as oil, commodity prices surge

Last week I paid IDR 8450 per liter for Shell Super Extra, damn that is as much as the boneheads in the States are paying and I have always paid less than they have. Wife is paying IDR 8250 for Shell Diesel.......

Metro supermarket close after five-year decline

 Originally Posted By: KuKuKaChu"The supermarket business has been really slow in the last five years due to a decrease in the number of consumers," MTSM director Arief Amin said in a report to the Indonesia Stock Exchange on Friday.

Kadin calls for food sustainability measures

The Indonesian Chamber of Commerce and Industry (Kadin) held its first-ever National Food Coordination meeting on Saturday, aiming to formulate recommendations for the government to improve food security amid rising global food prices.

Metro supermarket close after five-year decline

PT Metro Supermarket Realty Tbk (MTSM) has closed down its trading business due to a steady decline in customers over the last five years, a company official said Saturday."The supermarket business has been really slow in the last five years due to a decrease in the number of consumers," MTSM...

Indonesia feels the pinch as oil, commodity prices surge

Jakarta (ANTARA News) - With prices for key commodities at record highs, Indonesia -- Southeast Asia's biggest economy and a key exporter -- should, at first glance, be enjoying good times.But with high oil prices leading to a government fuel subsidy blowout and rising food prices hitting the poor,...

Indonesia`s food security program facing challenges, minister

 Originally Posted By: KuKuKaChui was thinking of pasturing dairy goats in the paddock between jaksa and sabang.That paddock, once a communal dump and makeshift vegetable garden/park - is now being developed into something distinctly non-paddock like, no?

Indonesia`s food security program facing challenges, minister

 Originally Posted By: Dilli Quote:i am thinking that this could be a good time to start investing in agricultural landIn Jaksa? What grows there apart from ignorance, pestilence and doom? i was thinking of pasturing dairy goats in the paddock between jaksa and sabang.

Indonesia`s food security program facing challenges, minister

 Quote:i am thinking that this could be a good time to start investing in agricultural landIn Jaksa? What grows there apart from ignorance, pestilence and doom?

Indonesia`s food security program facing challenges, minister

of course, the looming world grain crisis is good news for countries like australia. if they can overcome the effects of global warming.i am thinking that this could be a good time to start investing in agricultural land.

Indonesia`s food security program facing challenges, minister

If the thought of food shortages (and unaffordability of food) had crossed the "powers that be" minds instead of dollars crossing their palms maybe they would reconsider the currents thoughts on exporting rice and rather keep the precious grain here for their own people at an affordable price.......

Indonesia`s food security program facing challenges, minister

Jakarta (ANTARA News) - The government`s food security program is facing various challenges, including the shrinkage of farm land due to development of residential areas, a minister said."This is a logical consequence of population growth which requires housing as one of the basic needs,"...

President warns employers against lay-offs

 Originally Posted By: chewwyUK"The President urged businesspeople to instead open up dialogues to solve workplace disputes.Yudhoyono said he was concerned about news reports of companies dismissing their employees.

An Island Over-Saturated by Development

Former Minister of Tourism Ardika Calls for a Stock-Taking Between Business and Tourism Interests to Keep Bali Sustainable.Bali News: An Island Over-Saturated by Development(3/29/2008) Indonesia's former Minister of Tourism, Gde Ardika, is quoted by Tempo Interaktif as saying that Bali's tourism...

Survey finds govt offices lack integrity

 Quote:Ironically, the Justice and Human Rights Ministry ranked last with a score of 4.15.The Ministry of "Justice" and Human Rights includes the Immigration Office and Companies Registrar; offices that foreigners are often required to deal with, directly or indirectly.

Survey finds govt offices lack integrity

The country’s fight against graft has been dealt a big blow after a survey Friday found the public sector and the general public alike condoned corruption.Conducted by the Corruption Eradication Commission (KPK) between August and October last year, the integrity survey discovered 30 government...

Surfing and crashing in the Indonesian oil palm boom

environmental apocalypse

Surfing and crashing in the Indonesian oil palm boom

bloody disaster, is what it will be. there's been a huge "gold rush" for land by foreign and local investors in kalimantan, sumatra and sulawesi for the past 18 months. we all know where this will end ...

Surfing and crashing in the Indonesian oil palm boom

Interesting. It'll all end in tears.

Surfing and crashing in the Indonesian oil palm boom

John McCarthy, CanberraAs boom towns flicker to life across rural Indonesia, the relentless pursuit of oil palm wealth poses social and environmental problems for Indonesian policy makers.In India the rural poor ration every last drop of cooking oil.

President warns employers against lay-offs

"The President urged businesspeople to instead open up dialogues to solve workplace disputes.Yudhoyono said he was concerned about news reports of companies dismissing their employees.Every time massive layoffs occur, I cannot sleep, as many people gather outside the palace and a barrage of text...

President warns employers against lay-offs

President Susilo Bambang Yudhoyono warned employers across the country Wednesday against resorting to layoffs whenever disagreement arose between them and their workers.The President urged businesspeople to instead open up dialogues to solve workplace disputes.

PTPN VII aims to produce 174,500 tons of sugar this year

Bandarlampung, Lampung (ANTARA News) - State-owned plantation company PT Perkebunan Nusantara (PTPN) VII has set itself the target of producing 174,500 tons of sugar this year.The sugar production would originate from the company`s two business units, namely Bungamayang in North Lampung and...

Pertamina negotiating extension of gas contracts with Japan

Tokyo (ANTARA News) - State-run oil and gas company PT Pertamina is currently negotiating the extension of its natural gas supply contracts with a number of gas companies in Japan, its chief, Ari Soemarno, said here Wednesday."Pertamina`s vice president director is now in Osaka for the negotiations.

Maybank buys Indonesia`s BII in move to become regional player

Singapore (ANTARA News) - Malayan Banking Bhd, the largest bank in Malaysia, said Wednesday it has agreed to buy a 56 percent stake in Bank Internasional Indonesia (BII) from Singapore's state-linked Temasek Holdings Ltd and South Korea's Kookmin Bank, for 4.8 billion ringgit or about 1.

RI still has wide opportunities to export furniture

Beijing (ANTARA News) -Indonesia still have ample opportunities to export its furniture to China, trade attache at the Indonesian Embassy in Beijing, Imbang Listiyadi, said here on Wednesday."Indonesia still has an opportunity to export its Furniture to China and therefore as a furniture producer,...

Govt urged to issue decree slashing corporate tax

The President should issue a new decree slashing corporate tax if the House of Representatives refuses to pass the income tax bill, the chairman of the Indonesian Chamber of Commerce and Industry (Kadin) said Wednesday.

RI's biggest challenge is curbing inflation

Aditya Suharmoko , The Jakarta PostWhile the global economic slowdown is not expected to greatly affect Asian economies, Indonesia's biggest challenge lays in subduing its inflation rate to protect public purchasing power, a discussion concluded Wednesday.

Fewer people buying life insurance products: AAJI

The number of individuals and groups holding life insurance policies dropped 11 percent last year as people opted instead to pursue short-term profits and gain easier access to cash, an association said Wednesday.

Government to maintain conducive business climate : President

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said the government would continue to maintain a conducive business climate in the country so that business people could play a bigger role in efforts to solve problems faced by the nation.

Agriculture minister to attend first oil palm harvest in Buol

Tolitoli, Central Sulawesi (ANTARA News) - Agriculture Minister Anton Apriyantono is scheduled to attend the first harvest of Buol district`s oil palm plantations in Central Sulawesi on March 29, 2008, a local government official said.

World Bank plans to revise Indonesia`s growth rate

Jakarta (ANTARA News) - The World Bank plans to revise downward its Indonesian economic growth rate projection for 2008 to 6.0 percent from 6.4 percent due to the US economic slowdown but assures the move will not affect the government`s effort to achieve the target of reducing the poverty rate.

World Bank slams govt onerous fuel subsidy

Aditya Suharmoko, The Jakarta PostThe World Bank has criticized the government's continuing refusal to cut the onerous fuel subsidy despite evidence the allocation has only benefited wealthy people."The fuel subsidy has been poorly targeted; it only promotes consumption and does not help the poor,"...

Pontianak to have 60MW power plant

Bank Bukopin and four regional development banks pledged Tuesday to syndicate a loan to PT Equator Manunggal Power for the construction of a 60 megawatt (MW) coal-fired power plant in Pontianak, West Kalimantan.The project, which will cost Rp 545 billion (US$59.

Timor-Leste seeks trade deal with East Java

Timor Leste is hoping to establish some kind of a trade deal with East Java, as the country is in dire need of affordable farming equipment and agricultural produce, a Timor Leste minister says.The country's visiting minister for farming, fisheries and forestry Mariano Assanami Sabino told The...

Government raises CPO export tax by 20 pct

Jakarta (ANTARA News) - The government has raised crude palm oil (CPO) export tax from 10 to 20 percent for April shipment because the CPO price in the world market in March has reached a record high, Trade Minister Mari Elka Pangestu said.

Local governments are hurting more than making things better

Decentralizing power, by shifting control from the central government to smaller local governments, is the will of the local population and can only be deemed progressive in a new democracy like Indonesia.But it is a new system fraught with problems.

Govt plans to slap excise on more goods

The cash-strapped government plans to broaden categories of goods subject to excise duty in response to an expanding state budget deficit and an intense campaign to reduce environmental hazards.A proposal to expand the list of goods subject to excise is under discussion in the House of...

Cement manufactureres expect 6% rise in domestic market

Agustina Wayansari, The Jakarta Post Leading cement manufacturers expect demand for cement to grow at least 6 percent on the back of an improving economy and many large construction projects in regions this year.

RI may miss benefits from ASEAN-EU FTA deal

Indonesia stands to lose out on benefits from the planned free trade agreement (FTA) between the EU and ASEAN unless it improves its negotiation capacity and coordination, an official says.The Trade Ministry's director general for regional trade cooperation, Iman Pambagyo, said the lack of...

Govt set to secure loans for shipping sector

In a bid to expand the country's shipping industry, the government is set to wrap up a loan agreement worth around US$150 million from Japan Bank for International Cooperation (JBIC)."The funding is expected to be disbursed between 2008 and 2009," the Transportation Ministry's director general of...

Local shipping sector left in need of loans

The local shipping industry requested more bank loans Monday to support the anticipated rise in shipping demand caused by a government policy banning foreign vessels from transporting goods between local ports.

President wins $3.5B in investment commitments

you mean, he's like bakrie?? or worse?

President wins $3.5B in investment commitments

May as well be, he is a well known rip-off merchant and also has (under the wings off his many companies) thousands of underpaid and ill treated Asian's working for him in the UAE.Not a nice man!

President wins $3.5B in investment commitments

 Originally Posted By: DilliMohammed Ali Alabbar, dodgy bastard.... any relation to Ali Baba?

Pertamina introduces cheap fuel product

they seem to have enough problems supplying the busway with gas, much less the general public.and Rp12m for a conversion kit is clearly a rip off.

President wins $3.5B in investment commitments

Mohammed Ali Alabbar, dodgy bastard....

Pertamina introduces cheap fuel product

I know it's a better, cleaner option, but...Who the fuck in Jakarta is going to shell out 12 Million for the conversion kit, and more to the point, are they aware that Petrol Stations will require complete "re-vamps" to handle the transfer of the LPG.

Pertamina introduces cheap fuel product

State-run oil and gas firm Pertamina on Monday (17/3/08) introduced liquefied petroleum gas (LPG) fuel products for Rp3,600 ($0.39) per liter, Xinhua reported.Called Vigas, the fuel product is available at three Pertamina fuel outlets in Jakarta and the number will be increased to nine by the end...

Hutchison Telecom sells assets in $500M deal

Hong Kong's Hutchison Telecommunications International Ltd said a majority-owned unit agreed to sell certain telecommunication assets in Indonesia in a deal worth $500 million, Thomson Financial reported Tuesday (18/3/08).