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Thu, 24 Apr 2008
Indonesian consumer demand to support economy against global slowdown - IMF
Jakarta (ANTARA News) - Strong domestic consumer demand is expected to drive Indonesia's economy this year and steer it away from the worst impact of a global economic slowdown, an official of the International Monetary Fund (IMF) said on Wednesday.
Thu, 24 Apr 2008
Indonesia self-sufficient in chicken meat, eggs but industry not progressing
Solo, Central Java (ANTARA News) - Indonesia has been self-sufficient in chicken meat and eggs for years but the domestic poultry industry is not making progress, Agriculture Minister Anton Apriyantono said.
Wed, 23 Apr 2008
Continuing strong growth for cement industry amid cost fears
Andhika Suryadharma, AnalystIndonesia's domestic consumption for cement rose 17 percent to 8.7 million tons in the first quarter of 2008, marking the highest first quarter growth since 2002.Evidently, this was made possible with a 25 percent growth in outer Java consumption and an 11 percent growth...
Wed, 23 Apr 2008
Govt to starts verifying oil palm commodities shipments
The Trade Ministry will start verifying all domestic shipments of oil palm commodities on April 24, Ardiansyah Parman, the director general of domestic trade, said Tuesday.The main purpose of the verifications is to curb the smuggling of oil palm commodities, he said, and the verification will only...
Wed, 23 Apr 2008
SBY asks Brunei to invest more in Indonesia
Indonesia and Brunei Darussalam agreed to enhance cooperation in culture, trade, defense and energy after a meeting between President Susilo Bambang Yudhoyono and Sultan of Brunei Hassanal Bolkiah here on Tuesday.
Wed, 23 Apr 2008
Inti Kapuas to buy more oil palm plantations
Jakarta (ANTARA News/Asia Pulse) - PT Inti Kapuas Arowana said it has set aside US$120 million to acquire more oil palm plantations.Earlier Inti Kapuas signed an agreement for the acquisition of the palm plantations of PT Dendymarker Indahlestari and PT Anam Koto at a price of US$80 million from...
Wed, 23 Apr 2008
India`s Binani in talks to buy Indonesian coal mine for $100 mln
Mumbai (ANTARA News/Thomson Financial) - India's Binani group is in advanced talks with Indonesia's largest coal producer PT Berau to buy a coal mine for more than 4 billion rupees (about $100 million), the Economic Times reported citing sources close to the development.
Wed, 23 Apr 2008
Krakatau to build integrated steel plant in S Kalimantan
Jakarta (ANTARA News) - State steel maker PT Krakatau Steel plans to build an integrated steel plant in South Kalimantan at a total cost of US$600 million to meet demand for ingot steel."In the first phase of the project we will build a billet plant in South Kalimantan," PT Krakatau Steel President...
Wed, 23 Apr 2008
RI`s economy under threat of high external inflation: economist
Jakarta (ANTARA News) - The Indonesian economy is expected to be under a threat of high external inflation this year due to a surge in the global crude and food prices, an economist said.The threat had been noticeable now following a recent increase in the prices of several food commodities in the...
Tue, 22 Apr 2008
Banks still avoid textile, property sectors: BI
Aditya Suharmoko, The Jakarta Post/Jakarta Despite healthy growth in bank lending during the first quarter this year, Indonesian banks have been reluctant to lend to the process manufacturing industry and property sector, a BI survey says.
Tue, 22 Apr 2008
Crude price hikes affect investment in RI, BKPM says
Jakarta (ANTARA News) - The crude price hike which happened to reach US$117 per barrel is expected to discourage investors to realize their investments in Indonesia, investment agency chief said."Investors will recalculate their investments if prices are now surging," Capital Investment...
Tue, 22 Apr 2008
S'pore businesses ask Jakarta to improve roads, bureaucracy
The Singapore Chinese Chamber of Commerce and Industry (SCCCI) aired complaints Monday to the Jakarta administration regarding business hurdles it faced in the capital.Jakarta Governor Fauzi Bowo said the organization was concerned about frequent floods and chronic traffic jams that had disrupted...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Originally Posted By: Capt. Mainwaring Originally Posted By: viperaberushitamWhat will this development mean for the cigarette production of Indonesia............will "He" still be able to do fastcigarettes? I suppose that the lack of good secondhand "stop talking like a complete cunt"...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Originally Posted By: viperaberushitamWhat will this development mean for the cigarette production of Indonesia............will "He" still be able to do fastcigarettes? I suppose that the lack of good secondhand "stop talking like a complete cunt" equipment may prevent some of your posts...
Mon, 21 Apr 2008
Indonesia to stop import used machines starting next year
Jakarta (ANTARA News) - The Indonesian government will stop importing used machines starting on January 1, 2009 to boost the development of the engineering industry in the country."The government`s policy on used machinery imports will be reviewed.
Mon, 21 Apr 2008
Singapore third biggest trade partner of RI: Envoy
Singapore (ANTARA News) - Singapore is Indonesia`s third biggest trade partner after Japan and the United States, Indonesian Ambassador to Singapore Wardana, said here Saturday."Our exports to Singapore is the third biggest after those to Japan and the United States.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Originally Posted By: ANTARA NewsThe government`s commitment to developing the ex-location of the Lombok Tourism Development Corporation (LTCD) in the southern area of Central Lombok district is praiseable.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Great maybe they can build their own version of the VICE president's Puncak dream there, Arabs only need apply for admittance. They will have a short statue (but real to life height) of the man himself where a little speaker plays a version where he expounds and expands on the "I had a Puncak...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Plenty of government officials in support of the project:Middle East Investor to resume Lombok Tourism Resort DevelopmentSource: Tuti Sunario for Indonesia Digest - undatedThe Lombok Tourism Development Center (LTDC) has attracted investors from the Middle East to develop the area into an...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Originally Posted By: viperaberushitamWhat tells me that Emaar Proprties backs out and some ass, I mean associate, will come in and offer 10 cents on the Dollar to buy it all and start a Palm Oil plantation or some other crap...........
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
As I have stated earlier, anything with Mohammed Alabbar at the helm is dodgy to say the least.When Emaar was originally floated they were grossly oversuscribed and the potential investors who were not succesful had to wait a long long time to get their money back.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
And the Arabs signed the takeover deal in Kalla's office:Lombok Post, May 01 2007The Dubai investor is really serious in developing the LTDC former land in Central Lombok. This is proved by the assignment of MoU with PT.EMAAR Properties LLC (Dubai, UEA) last Monday.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
LTDC has been unpopular for a while. Beaches and broken bonesInside Indonesia July 1996An exploding tourist industry on Lombok's beaches breaks the lives of villagers. IRIP NEWS SERVICE reports. In the pre-dawn of March 5th 1996 some 24 truckloads of police and troops descended on the small farming...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Mataram (ANTARA News) - Vice President Jusuf Kalla called on West Nusatenggara (NTB) government to immediately settle land clearence in the ex-location of LTDC in Central Lombok District."By doing so, it is expected that Emaar Properties, an investor from Dubai, Arab Emirate Union, will immediately...
Sat, 19 Apr 2008
Government Preparing Sugar Factory Incentives
Not that the govt. would ever think about it but theoretically it may be a good way to siphon off funds from this revitilization program to put forth in the communities across Indonesia ahead of the election in 09. Not that they would do that but.............
Sat, 19 Apr 2008
Government Preparing Sugar Factory Incentives
Friday, 18 April, 2008 | 18:53 WIBTEMPO Interactive, Jakarta: The government is currently preparing incentives to revitalize sugar factories in order to be self-sufficient.“The government has promised to build transportation infrastructure to and from sugar factories,” said Naswir Kawi, an...
Sat, 19 Apr 2008
Dairy Australia committed to Indonesian market
Jakarta (ANTARA News) - Leading Australian dairy producers met with Indonesian food producers and dairy users in a seminar here early this week to discuss the challenges in the world dairy market and the importance of retaining high quality dairy ingredients for food production.
Sat, 19 Apr 2008
US$100 Million Spiritual Resort for West Bali
18 Hectare Complex to Open in 2010 near Tabanan.Bali News: US$100 Million Spiritual Resort for West Bali(4/19/2008) Republik Online reports that PT Bali Permata Indah will build a Vita Life Spiritual Healing World Centre near Tabanan, 50 kilometers northwest of Bali's capital city of Denpasar.
Fri, 18 Apr 2008
Bribes, poor roads hamper supply-chain management
Commercial deliveries are unpredictable because of conflicting local regulations, illegal payments and crumbling road infrastructure, according to a recent survey of domestic trucking costs by the Asia Foundation and the University of Indonesia's Institute for Economic and Social Research...
Fri, 18 Apr 2008
Indonesia Tourism and Travel Fair hopes for $10m in deals
A group of tourism and travel industry associations will team up to hold what will be the country's largest tourism and travel exhibition.The exhibition, called the Indonesia Tourism and Travel Fair 2008, is expected to attract 10,000 local visitors and 150 foreign buyers.
Fri, 18 Apr 2008
Govt wants good quality despite lower mobile phone tariffs
To help retain the service quality of cellular providers, the government will issue guidelines to address problems arising from the recent cut in interconnection tariffs, an official says.Director general for post and telecommunications at the ministry of communications and information Basuki Yusuf...
Fri, 18 Apr 2008
RI among the most optimistic markets in Asia: Survey
Indonesia is the third most optimistic market in Asia after India and China, according to a quarterly investor survey by Dutch financial institution giant ING.Despite global market uncertainty and the impact of U.S.
Fri, 18 Apr 2008
RI imports over 90 pct of its pharmaceutical raw material needs
Jakarta (ANTARA News) - Indonesia still imports over 90 percent of the pharmaceutical raw materials it needs, showing that its dependence on overseas industries is very high, a pharmaceutical traders spokesman said.
Thu, 17 Apr 2008
TNT Indonesia hoping for 50% increase in cargo
Dutch-based freight forwarder TNT has recently begun using the Boeing 747-400 ER Freighter, with a payload capacity of 110 tons, to serve its Southeast Asian, Chinese and European markets.With four new Boeing 747-400 ER Freighters being put into operation last week, TNT now has a fleet of 51...
Thu, 17 Apr 2008
Oxiana to spend $310m on project
Ika Krismantari, The Jakarta Post, JakartaAustralia-based Oxiana Ltd. plans to spend US$310 million this year to construct a gold and silver plant in North Sumatra.According to Oxiana general manager for external relations Bruce Loveday on Tuesday, the company has secured a contract of work (CoW)...
Wed, 16 Apr 2008
Big gold discovery claimed in Lombok
Drilling at the Montong Botek high grade gold and copper porphyry target in Lombok has returned the longest mineralized intercept to date, which includes 0.25 g/t gold over 576.95 meters, New York's International Business Times reported Tuesday (8/4/08).
Wed, 16 Apr 2008
Pancakarya to build Tangerang City
PT Pancakarya Griyatama will build an integrated property project called Tangerang City with an investment of around Rp1 trillion ($111 million) in Tangerang, Banten, Antara reported Tuesday (8/4/08).The project to be built over a 10-hectare plot of land in the center of Tangerang city is to be...
Wed, 16 Apr 2008
Regent hotel chain returns
The Regent hotel chain is set to return to Indonesia to manage and market a new luxury property to be built by Grand Pacific Properties Ltd. (GPP) on a four-hectare estate on Sanur beach, Bali, The Jakarta Post reported Tuesday (8/4/08). The investment is between $75 million and $100 million.
Wed, 16 Apr 2008
Q1 car, cement sales strongly up
First quarter sales of cars, heavy equipment and cement moved up strongly, indicating that the effects of a global economic downturn had yet to dent the domestic economy.Car sales in the first quarter rose 61% to 135,607 vehicles, data compiled by the country's biggest car dealer, PT Toyota Astra...
Tue, 15 Apr 2008
Mining amendment may attract investment
A new arrangement in the mining bill which limits land for mining use may not spook potential mining investors, as long as the government provides legal certainty for the future of operations, an association says.
Tue, 15 Apr 2008
Bolstering shipping industry
The new law on maritime transportation services will make the shipping industry more attractive to investors and creditors by greatly increasing the cargo volume for national freighters and providing a stronger basis for shipping companies to use their ships as collaterals for bank loans.
Tue, 15 Apr 2008
Indonesia overtakes Malaysia as top palm oil producer: minister
Kota Kinibalu, Malaysia (ANTARA News) - Indonesia likely overtook Malaysia as the world's top palm oil producer in 2007, due to dramatically increased planting there, Malaysia said Monday."From preliminary figures in 2007 it looks like Indonesia has already overtaken us in terms of production,"...
Sun, 13 Apr 2008
Government Threatens to Close Illegal Bali Villas
August 29, 2008 Deadline Looms as Badung Regency Authorities Insist They Will Close Unlicensed Illegal Villas.(4/11/2008) Nusa Bali reports that the "clean up" of hundreds of unlicensed villas operating as commercial ventures continues apace, with some 6 villas receiving visits my a...
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
They do not call him the Vice president for nothing, too bad Kalla is not a website.........
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
You call it as the Vice President sees it.
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
Aahhh....An Arab alternative to Puncak, presumably with short term brides available as well!
Fri, 11 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
Mataram (ANTARA News/Asia Pulse) - The biggest state-owned company in Dubai, Emaar Properties LLC Dubai, has been speeding up the realization of its investment in a US$600-700 million integrated tourist zone in the Indonesian province of Central Lombok, West Nusa Tenggara.
Fri, 11 Apr 2008
VP assures S Korean bizmen Indonesia seriously fighting corruption
Jakarta (ANTARA News) - Vice President Jusuf Kalla here Friday assured South Korean and Indonesian businessmen that the government was seriously fighting corruption in the country."As we all know, two days ago, the Corruption Eradication Commission (KPK) arrested a legislator at this hotel for...
Fri, 11 Apr 2008
RI Consulate in Sydney, Garuda to organize `Discover Indonesia`
Brisbane (ANTARA News) - The Indonesian consulate general in Sydney and national flag carrier Garuda Indonesia will jointly organize a tourism promotion event called "Discover Indonesia" for Australian tourism operators and mass media.