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Thu, 06 Apr 2006
Manufacture of Machinery for Agriculture to be Prioritized
Manufacture of Machinery for Agriculture to be PrioritizedWednesday, 05 April, 2006 | 17:21 WIBTEMPO Interactive, Jakarta: The Department of Industry is to prioritize the development of manufacturing machinery for agricultural process products, including equipment for palm oil and sugar processing,...
Thu, 06 Apr 2006
Canada intensifies its investment in Indonesia's infrastructure sector
Apr 06 01:44Canada intensifies its investment in Indonesia's infrastructure sector Jakarta (ANTARA News) - Indonesia and Canada agreed to intensify their economic cooperation through the private sector in a bid to enhance investment in Indonesia, especially in the infrastructure sector.
Thu, 06 Apr 2006
Australia-RI rift 'must not spill over into economy'
Australia-RI rift 'must not spill over into economy'Benget Simbolon Tnb., The Jakarta Post, JakartaWith tension still high between Indonesia and Australia, a number of business figures have urged the government not to let it spill over into the economy as this would only do more harm than good.
Thu, 06 Apr 2006
Bakrie launches major new development
Bakrie launches major new developmentPT Bakrie Development Tbk is planning to develop an integrated business district on 44.7 hectares of land in Kuningan, South Jakarta.The company's president, Marudi Surachman, said in Jakarta on Wednesday that the development of the business district, to be...
Thu, 06 Apr 2006
Government to revise decree on public procurements
Government to revise decree on public procurementsThe government is currently in the process of drafting a revised presidential decree on public procurements in an effort to reduce rampant corruption in the bureaucracy that has led to an inordinately high cost of doing business here, Vice President...
Thu, 06 Apr 2006
RI economic growth in first quarter 2006 predicted to reach 4.58%
Apr 06 01:17RI economic growth in first quarter 2006 predicted to reach 4.58% Jakarta (ANTARA News) - Indonesia`s economic growth in the first quarter of 2006 will be 4.58 % or slightly higher than the 4.
Thu, 06 Apr 2006
RI foreign exchange reserves reach record high of US$41.1 billion
Apr 06 01:20RI foreign exchange reserves reach record high of US$41.1 billion Jakarta (ANTARA News) - Indonesia`s foreign exchange reserves during the first three months this year reached US$41.1 billion, a figure never recorded before, Bank Indonesia (BI) Governor Burhanuddin Abdullah said.
Wed, 05 Apr 2006
RI, US to revive trade investment forum
Apr 04 21:56RI, US to revive trade investment forum Jakarta (ANTARA News) - The Indonesian and US governments as well as private parties have agreed to revive the US-Indonesia Trade and Investment Forum (USITIF) for discussing various trade opportunities, obstacles and investment, Trade Minster...
Wed, 05 Apr 2006
US, Indonesia eye future free trade agreement
US, Indonesia eye future free trade agreementBy Doug Palmer Tue Apr 4, 6:14 PM ETWASHINGTON (Reuters) - The United States and Indonesia launched talks on Tuesday to curb illegal logging that threatens the Southeast Asian country's rain forests and advanced other initiatives that could lead to a...
Wed, 05 Apr 2006
Robust rupiah pierces important 9,000 level, closes at 16-month high
Robust rupiah pierces important 9,000 level, closes at 16-month highUrip Hudiono, The Jakarta Post, JakartaThe rupiah continued to strengthen Tuesday, reaching a 16-month high as easing inflation and a stable interest rate outlook boosted investor confidence in the country's economy.It ended 0.
Tue, 04 Apr 2006
Tourist arrivals down in February
Tourist arrivals down in FebruaryThe Jakarta Post, JakartaForeign tourist arrivals in the first two months of this year declined by nearly 15 percent compared to the same period last year amid the bird-flu scare and anti-Western demonstrations here following the controversial publication of...
Tue, 04 Apr 2006
Minister annoyed by costly procedures, vows change
Minister annoyed by costly procedures, vows changeRidwan Max Sijabat, The Jakarta Post, JakartaNewly appointed Manpower and Transmigration Minister Erman Suparno says he is shocked at the mass of red tape employers here have to wade through to hire expatriates and has pledged to quickly review the...
Tue, 04 Apr 2006
Employers want red tape slashed for expatriate workers
Employers want red tape slashed for expatriate workersRidwan Max Sijabat, The Jakarta Post, JakartaThe complicated and time-consuming immigration system for employing expatriates is turning off investors and needs urgent reform, employers say.
Tue, 04 Apr 2006
Money talks for smooth processing of work, stay permits
Money talks for smooth processing of work, stay permitsRidwan Max Sijabat, The Jakarta Post, JakartaStop by Floor M of the Manpower and Transmigration Ministry on Jl. Gatot Subroto in South Jakarta to witness a finely honed bureaucratic process in full working order.
Mon, 03 Apr 2006
Investment-hungry Indonesia must fight corporate locusts
Investment-hungry Indonesia must fight corporate locustsBudi Widianarko, SemarangI took pleasure in reading Ong Hock Chuan's column in this newspaper (March 24, 2006) that commented sympathetically on the Indonesian Chamber of Commerce and Industry's statement defending the interests of foreign...
Mon, 03 Apr 2006
Baked goods gaining popularity in Indonesia
weet bix can br bought at several places in jakarta, though they often disappear from the shelves for weeks at a time ("can't figure it out; people keep buying them"). and they are imported directly from oz ...
Mon, 03 Apr 2006
Foreign F&B chains flourish amid changing tastes
Foreign F&B chains flourish amid changing tastesAry Hermawan, The Jakarta Post, JakartaDoni Danika Putera was eager to open a Starbucks coffee shop in Balikpapan, East Kalimantan. "The number of expats working for foreign companies in Balikpapan has increased significantly.
Sat, 01 Apr 2006
US complains about handicaps in trade with Indonesia
Apr 01 18:18US complains about handicaps in trade with Indonesia New York (ANTARA News) - The United States government has complained about a number of problems and handicaps in its foreign trade with Indonesia, a US Trade Representative (USTR) office said.
Sat, 01 Apr 2006
Govt told to live up to trade rules
join the queue of complainants ... customs, like many other government depts, operates under its own rules, almost independent of any outside control including the minister. the rentier mentality seems to be deeply embedded within the indonesian psyche.
Sat, 01 Apr 2006
Govt told to live up to trade rules
Wish that they would do something on Import Duties for Oil Field equipment. Some of it is specified as duty free, but to get it out of customs we invariably need to pay duty. If we dont pay, its sits for a long time and we incurr liquidated damages from - guess what - government companies.
Sat, 01 Apr 2006
Govt told to live up to trade rules
Govt told to live up to trade rulesThe Jakarta Post, JakartaAlthough the government is pledging simpler, shorter and more clear-cut procedures for prospective foreign traders, businesspeople warn they could end up as empty promises without diligent implementation.
Sat, 01 Apr 2006
Indonesian exporters wrong-footed as quarantine stymies footwear exports
Indonesian exporters wrong-footed as quarantine stymies footwear exportsThe Jakarta Post, JakartaIndonesia's slow bureaucratic processes once again appear to be preventing an industry from achieving its full potential in the global market.
Sat, 01 Apr 2006
Baked goods gaining popularity in Indonesia
we always bring weet bix for my father in law.He call it " arfemud" dont know the meaning, could be a hakka word. Actually he can buy at supermarket in plaza indo, but he is one of those who believe they have repackaged inferior product just for him lol.
Sat, 01 Apr 2006
Baked goods gaining popularity in Indonesia
Baked goods gaining popularity in IndonesiaBy Dominique Patton30/03/2006 - Sales of crackers, c0okies and breakfast cereals are rising fast in Indonesia thanks to higher incomes and the large and growing population.
Sat, 01 Apr 2006
Indonesia, Malaysia to team up in crude palm oil venture
Indonesia, Malaysia to team up in crude palm oil ventureRendi Akhmad Witular, The Jakarta Post, Kuala LumpurIndonesia and Malaysia have agreed to form a strategic alliance to produce, market and export crude palm oil (CPO), with business players assuming the collaborative effort as an attempt to...
Sat, 01 Apr 2006
Malaysian business wants certainty in RI investments
Malaysian business wants certainty in RI investmentsRendi Akhmad Witular, The Jakarta Post, Kuala LumpurWhile interest is high in investing in Indonesian turnpike and plantation projects, Malaysian businesspeople are held back by concerns about uncertainty surrounding their enterprises.
Sat, 01 Apr 2006
Indonesia reappears on investors' radar screen
Indonesia reappears on investors' radar screenBali played host to the Second Indonesian Investment Forum last week, which brought together 700 foreign and local investors, and executives from international finance agencies to look at investment opportunities in Indonesia.