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Thu, 01 Apr 2010
CPO: The core issue is credibility
Eighteen major palm oil producers and the Directorate General of Plantations decided here Monday to set up an independent team to verify Greenpeace’s allegations of deforestation by Indonesian companies.
Thu, 01 Apr 2010
Dimming international faith in Indonesian CPO
The recent flurry of international buyers suspending their contracts for Indonesian crude palm oil (CPO) indicates serious problems for the local industry. The trend began when two of the world’s largest buyers of CPO, Unilever and Nestle, stopped buying CPO from Indonesia’s PT SMART.
Thu, 01 Apr 2010
Kadin urges Govt to reduce power of tax office
The Indonesian Chamber of Commerce and Industry (Kadin) urges the government to separate the tax office from tax regulatory authorities and to examine tax complaints so as to improve the country’s taxation system.
Thu, 01 Apr 2010
Govt approves plan to rent Tabuhan Island to Maldives investor
Minister of Marine Resources and Fisheries Fadel Muhammad has approved the Banyuwangi regental administration's plan to rent Tabuhan Island to Maldives investor PT Safari International Resort."A recommendation letter has been received by the Banyuwangi regent," head of the investment...
Thu, 01 Apr 2010
Indonesia's place in the global jungle
Its people agree that their democratic country should play a bigger global role; but what?BY DINT of size, population and potential wealth, Indonesia has long loomed large over its own backyard. The archipelago nation bestrides the world’s busiest sea lanes.
Thu, 01 Apr 2010
Singapore firms urged to tap growing business opportunities in Indonesia
SINGAPORE : Singapore companies should look to large urbanised Indonesian cities like Surabaya and Bandung for business opportunities.This is according to Trade and Industry Minister Lim Hng Kiang, who spoke at a business forum on Indonesia on Wednesday.
Thu, 01 Apr 2010
President wants bureaucratic reform, law enforcement to continue
Tulungagung (ANTARA News) - President Susilo Bambang Yudhoyono has expressed hope bureaucratic reform and law enforcement will continue despite the discovery of a tax scandal involving a government employee.
Thu, 01 Apr 2010
RI infrastructure faces quality problem: Minister
Public Works Minister Djoko Kirmanto says much of the country’s infrastructure suffers from quality problems.“Based on our observations, there are quality and utilization problems in the existing infrastructure,” he said Wednesday as quoted by Antara at a regional meeting in Semarang, Central...
Thu, 01 Apr 2010
Indonesia to Ease Property, Foreign Investment Rules
March 31 (Bloomberg) -- Indonesia will allow foreigners to buy property in the country and own bigger stakes in health-care companies as it completes a review of investment rules, the country’s investment coordination agency said.