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Thu, 12 Apr 2007
Investment bounces back in first quarter
Indonesia's efforts to attract more investment finally appear to be on the right track, with the latest figures for both realized investment and investment approvals during the first quarter bouncing back from last year's slump.
Thu, 12 Apr 2007
Investment Growth in 2008 Gloomy
TEMPO Interactive, Jakarta: Business groups have stated that investment growth next year will be more difficult compared to in 2007.The reason for this is that the government will still have to work hard to improve the investment climate in the short-term.
Thu, 12 Apr 2007
Indonesia`s wooden furniture exports continue to drop
Jepara (ANTARA News) - Indonesia`s wooden furniture exports have continued to decline in volume over the past three years although world demand is increasing, Industry Minister Fahmi Idris said here on Wednesday.
Thu, 12 Apr 2007
Regulation on Guaranteed Severance Pay to Be Completed Soon
TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono has called Manpower Minister Erman Suparno to report on progress regarding the preparations of the Draft Governmental Regulation on guaranteed severance pay.Erman has said that the draft is still being discussed.
Thu, 12 Apr 2007
Foreign investment in M`sia five time that in Indonesia
Kuala Lumpur (ANTARA News) - Foreign investment in Malaysia in 2006 is five times that in Indonesia, apparently because the more advanced economic development in that country was more attractive to foreign investors.
Thu, 12 Apr 2007
Indonesia picks 3 Japanese groups for Rp6 trln railway project
Jakarta (ANTARA News) - Three Japanese consortia have been prequalified to bid for a railway project here worth about 6 trln rupiah.The three groups are Marubeni Corp-Tokyu, Itochu-Taise and Mitsubishi Corp.-Sumitomo Corp, XFN Asia reported citing the Transport Ministry.
Wed, 11 Apr 2007
W. Sumbawa eyeing Newmont stake
A couple of weeks ago, I saw an article by Yosef Ardi that ties in with this... Essentially, what's going on is classic Indonesian business skulduggery. Bumi, owned by the Bakrie clan, which as most people remember undermined (pun intended) Rio Tinto and took it over in a way that was nothing short...
Tue, 10 Apr 2007
Lion Air to Get New Boeing Aircraft
Private airline Lion Air said it will receive a delivery of a Boeing 737-900ER aircraft by the end of this month.It will be the first of 60 units of Boeing 737-900ERs the low-cost carrier had ordered from the aircraft maker at a price of $60 million each.
Tue, 10 Apr 2007
Tire Makers to Lift 2007 Output by 10%
Tire makers plan to increase their output by nearly 10% this year to meet demand from the domestic automotive sector, a senior industry official said on Tuesday (3/4/07).The country's tire manufacturers are expected to produce 45 million car tires this year, up from 41 million in 2006, Aziz Pane,...
Tue, 10 Apr 2007
Indofood Plans to Up Noodle Capacity
The world's largest instant noodle maker, PT Indofood Sukses Makmur, plans to boost its capacity to 14.5 billion packs per year from 13.5 billion to meet growing demand, a senior executive said on Tuesday (3/4/07).The company would spend Rp1.6 trillion ($175.
Tue, 10 Apr 2007
Jan-Feb Tourist Arrivals Up 13.59%
Foreign tourist arrivals in the first two months to February rose 13.59% year-on-year to 639,937, with arrivals in Bali leading the increase, data from the Central Bureau of Statistics showed, according to XFN-Asia.
Tue, 10 Apr 2007
Saudi Prince Mulls Hotel Investment
Saudi Prince Alwaleed bin Talal bin Abdul Azis Al Saud, who is chairman of his country's holding company, has expressed interest in investing in Indonesia's hotel business.Speaking to the press after meeting with President Susilo Bambang Yudhoyono at the latter's office in Jakarta last March 30,...
Tue, 10 Apr 2007
Spending on Infrastructure to Rise
The government will allocate more money for infrastructure development in next year's budget in an effort to ease the distribution bottlenecks that have seriously hampered the country's economic growth.
Tue, 10 Apr 2007
Indonesia commits to ASEAN single market plan
The government said Monday it would draft a new road map setting out revised economic development policies in line with the planned creation of the ASEAN single market."The road map will be completed by November this year and it will detail the reform programs that we intend to institute," Anggito...
Tue, 10 Apr 2007
RI consumer confidence up despite concerns
Indonesian consumers have become more confident about the economy, while at the same time seeing risks ahead, the latest survey by the central bank shows.Bank Indonesia's Consumer Confidence Index rose 0.9 in March to 93.
Tue, 10 Apr 2007
3,000 Importers’ Licenses Subject to be Revoked
TEMPO Interactive, Jakarta: Directorate General of Customs and Excises will revoke the licenses of around 3,000 importers. They are considered as problematic as not being active for a year.The decision will be arranged and included in the recommendation of Directorate General of Customs and Excises...
Tue, 10 Apr 2007
Tax Refund Arrears Increase
TEMPO Interactive, Jakarta: The number of tax refund arrears or those which have not been paid by the government to tax payers in the first quarter of 2007 totalled Rp7.3175 trillion. The number of tax refund arrears rose 73 percent from the same quarter in 2006, that was Rp 4.2199 trillion.
Tue, 10 Apr 2007
Aceh governor to visit Turkey to attract investors
Banda Aceh (ANTARA News) - Nanggroe Aceh Darussalam (NAD) Governor Yusuf Irwandi is to lead an Aceh government and businessmen`s delegation on a visit to Turkey soon to promote Aceh among Turkish businessmen.
Tue, 10 Apr 2007
Chinese bizmen eyeing Indonesian furniture
Originally Posted By: Roy's hairthere go what remains of the rain forests that's what i thought. they'll be even worse than the malaysians.
Mon, 09 Apr 2007
PGN to build US$450 mln LNG terminal in East Java
Jakarta (ANTARA News/Asia Pulse) - State-owned gas distributor PT Perusahaan Gas Negara (PGN) (JSX:PGAS) is seeking strategic partner to implement its plan to build a liquefied natural gas (LNG) terminal.
Mon, 09 Apr 2007
Aston International to build 13 new hotels in Indonesia
Jakarta (ANTARA News/Asia Pulse) - Aston International Hotels said it will build and operate 13 new hotels in Indonesia in the next 5 years.This year, Aston would build five new hotels and in 2008 eight hotels, president Charles Brookfield told the newspaper Kompas last week.
Mon, 09 Apr 2007
RI-Japan EPA expected to be concluded before year-end
Tokyo (ANTARA News) - The Indonesian government hopes that an Economic Partnership Agreement (EPA) can be concluded with Japan before the end of 2007 as only a few sectors need to be agreed on in ongoing negotiations, an Indonesian diplomat said.
Mon, 09 Apr 2007
Chinese bizmen eyeing Indonesian furniture
Beijing (ANTARA News) - Some Chinese entrepreneurs want to import Indonesian ethnic furniture although China is one of the world`s largest furniture exporting countries, an Indonesian official said.The intention to buy Indonesian furniture was conveyed by Chinese businessmen who met with their...
Mon, 09 Apr 2007
S'pore awaits govt ruling on Riau SEZ
Singapore is waiting for a government ruling to begin promoting Indonesia's special economic zones (SEZs) in the Riau Islands province to global investors, a top executive of the Indonesian Chamber of Commerce and Industry (Kadin) said.Kadin's chairman M.S.
Fri, 06 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
as per request, "now showing" movies now in left side column! updated 6 times a day!unfortunately, cinema 21 is the only show in town.
Fri, 06 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
Movie data could be a goer ...Traffic data is hard to come by, and unreliable.Pollution? Here's one reason i won't do pollution data:Pollution data useless: Surveyby Adianto Simamora (The Jakarta Post, Jakarta)Environmentalists have urged the city administration to relocate its air monitoring...
Fri, 06 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
Go Kuku! Information wants to be free! So you like a challenge? Not many of us have shares and care about the JSX, but how about some really relevant data on the front page - any chance of hacking into the real-time Jakarta air pollution index, or traffic updates, or the movie schedule (maybe a...
Fri, 06 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
Originally Posted By: riccardoThe "jakchat ticker" must be about 8 hours off. Better to check this site: http://www.e-bursa.comMake sure you have java enabled. ok, i've finally cracked e-bursa.com! JSX numbers in jakchat and jawawa.
Fri, 06 Apr 2007
Telecom industry needs more foreign players
Five years after the conclusion of what was then dubbed a strategic deal that would help restore foreign investor confidence in Indonesia, the almost 42 percent Singapore shareholding in PT Indosat is still being whipped up by narrow-minded nationalists as a subterfuge to advance the vested...
Fri, 06 Apr 2007
WB: RI`s investment to grow 11.7 percent in 2007
Jakarta (ANTARA News) - The World Bank has predicted that investment`s contribution to Indonesia`s economic growth this year will increase to 11.7 percent from 2.9 percent a year earlier.The central and regional governments` consumption expenditures were expected to increase in 2007 so that it...
Fri, 06 Apr 2007
President asks RI businessmen to invest at home
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked local businessmen to invest at home rather than abroad."I ask businessmen in the country to invest at home instead of abroad," the president said at a cermony marking the laying of the first corner stone of a modest apartment...
Fri, 06 Apr 2007
Government Considered Not Serious in Developing Biofuel
TEMPO Interactive, Jakarta: The government is considered not to be serious in terms of following up on the program to develop biofuel.As a result of this, PT Pertamina has reduced the supply of fuel with 5 percent biosolar content.“Pertamina has finally revised this by reducing the content to 2.
Fri, 06 Apr 2007
Medco to Build Rp5.4 Trillion Electricity Generating Plant
TEMPO Interactive, Jakarta: PT Medco Energi Internasional will build a geothermal-powered electricity generating plant (PLTP) in Sarula, North Sumatera, through its subsidiary company PT Medco Power, at a cost of US$600 million (Rp5.4 trillion).
Fri, 06 Apr 2007
Government to Maintain Investor Confidence
TEMPO Interactive, Jakarta: Boediono, Coordinating Minister for the Economy, has said he hopes that the Composite Share Index (IHSG) at the Jakarta Stock Exchange can be maintained or even continue increasing.Currently the IHSG has exceeded the level of 1,800 points.
Thu, 05 Apr 2007
Do execs really want feedback?
Well it's certainly not culturally relativistic. I just think all that excessive, obsequious politeness stuff plays into the hands of those with the power. I'll stick my flag in the sand and say that meritocracy will produce a better society
Thu, 05 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
closed at 1895 today (down 26.5) ahead of the long weekend.
Thu, 05 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
The "jakchat ticker" must be about 8 hours off. Better to check this site: http://www.e-bursa.comMake sure you have java enabled.
Thu, 05 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
according to the jakchat ticker™, the JSX is only down 11.8 at this time.
Thu, 05 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
That was Wednesday's market. Today (thursday) it just closed down nearly 30 points (almost 2%)
Thu, 05 Apr 2007
Indonesian shares raise to fresh record high on capital inflows
JAKARTA (AP): Indonesian shares rose to a fresh record Wednesday on capital inflows ahead of an expected rate cut by the central bank.The Jakarta Stock Exchange Composite index climbed 27.475 points, or 1.4 percent, to 1,922.
Thu, 05 Apr 2007
RI to host international edible-oil producers forum
There are probably a hundred posts on this site you could look at!try clicking on advanced button in the search box (left of screen), type in "rubber CPO" and search for past 2 years (not just one week!).about a hundred articles come up!
Thu, 05 Apr 2007
RI to host international edible-oil producers forum
Hi Saw your post so have a question that I believe you can answer.I am looking for info that can state in Indonesia Palm Oil is replacing latex/rubber plantations due to the higher profit margin as palm oil can be used for bio-diesel.Any comments
Thu, 05 Apr 2007
Bali to get 400 MW thermal power plant soon
Denpasar, Bali (ANTARA News) - State electricity firm PT PLN will soon embark on the construction of a thermal power plant with a combined capacity of 400 MW near Celukan Bawang port in Buleleng district, Bali, aimed at anticipating power shortages on the resort island, an official said.
Thu, 05 Apr 2007
RPX inaugurates new transit warehouse
Local cargo services provider RPX Group opened a second transit warehouse Wednesday in response to increasing imports and exports.Located at the Soekarno-Hatta International Airport in Cengkareng, Tangerang, the information technology-integrated building will facilitate exporters and importers with...
Thu, 05 Apr 2007
Ritz Carlton to open new resort on Bintan
Ritz Carlton is to open a new resort in the Bintan Resort Tourism Zone on Bintan island in Riau Islands province by the end of 2008 at a total cost of US$65 million.The 77,000-square meter resort, which will boast 60 villas, is expected to attract more tourists to the area, Bintan Resort...
Thu, 05 Apr 2007
Spending on infrastructure set to rise by 34 percent next year
The government will allocate more money for infrastructure development in next year's budget in an effort to ease the distribution bottlenecks that have seriously hampered the country's economic growth.
Thu, 05 Apr 2007
Entrepreneurship vital for SMEs, says Kalla
Vice President Jusuf Kalla has called on the country's small and medium enterprises (SMEs) to improve their levels of entrepreneurship and innovation if they want to grow their businesses in today's fiercely competitive global market.
Thu, 05 Apr 2007
Telecoms war hots up as 'Hutch' joins the fray
With the services on offer mostly the same, the tight competition in Indonesia's crowded wireless telecoms market has led to a no-holds-barred price war and massive ad spending.This month, the war is about to get even fiercer with the established operators set to react to the arrival of upstart...
Wed, 04 Apr 2007
W. Sumbawa eyeing Newmont stake
The local government of West Sumbawa regency, West Nusa Tenggara, along with a number of domestic firms, plans to gradually acquire up to a 31 percent stake in PT Newmont Nusa Tenggara (NNT), the regency's chief executive says.
Wed, 04 Apr 2007
RI to host international edible-oil producers forum
Indonesia will host the 11th international meeting of global edible oil producers, which is scheduled to be held in Jakarta in May, this year.The Globoil International, sponsored by Indian cooking oil buyers, is expected to attract 400 participants from all around the world, with 75 of them from...