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Wed, 31 May 2006
World Bank Assisting Reconstruction in Yogyakarta
World Bank Assisting Government to Assess Losses and Support Reconstruction in YogyakartaJakarta, May 30, 2006 -- The President of the World Bank, Mr. Paul Wolfowitz, has promised the full support of the World Bank Group for reconstruction in the aftermath of the devastating earthquake in...
Tue, 30 May 2006
Sinar Mas boost shares in toll road operator
Sinar Mas boost shares in toll road operatorSinar Mas Group has been aggresively expanded its business in the last few years. After the banking business comeback last year with the acquisition of small bank PT Bank Shinta through PT Sinar Mas Multiartha, the listed financial sub-holding of Sinar...
Tue, 30 May 2006
Indonesia damage raises tourism worries
Indonesia damage raises tourism worriesPrambanan, Indonesia (ANTARA News) - Damage to some of Java's cultural treasures in the Indonesian earthquake has raised fears about long-term effects on the local economy, which depends heavily on tourism.
Tue, 30 May 2006
PLN's Future Competitors
PLN's Future CompetitorsTuesday, 30 May, 2006 | 14:38 WIBTEMPO Interactive, Jakarta: The government will form several new electricity companies. These State-owned enterprises will operate in distribution and generating, not in the transmission.
Tue, 30 May 2006
WB to push infrastructure development
WB to push infrastructure developmentEndy M. Bayuni and Prodita Sabarini, The Jakarta Post, JakartaIt's full steam ahead for World Bank infrastructure lending thanks to the insistence of its new president, Paul Wolfowitz, who feels that the bank needs to be part and parcel of poverty eradication...
Tue, 30 May 2006
Government signs seven turnpike contracts
Government signs seven turnpike contractsThe Jakarta Post, JakartaThe Public Works Ministry and a number of investors signed contracts Monday for the development of seven sections of expressway totaling 155 kilometers in length.
Mon, 29 May 2006
Losses Due to Yogya Disaster Estimated at Rp2.5 Trillion
Losses Due to Yogya Disaster Estimated at Rp2.5 TrillionMonday, 29 May, 2006 | 18:45 WIBTEMPO Interactive, Yogyakarta: It is estimated that losses due to Saturday’s tectonic earthquake throughout the Special District of Yogyakarta will reach Rp2.5 trillion.
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
Yes Kitasatu I agree with you, and now just let see, how much money or helps will accept by people who really needs it, there must be any and always "back door" for "naughty people"!!!
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
Yes Kitasatu I agree with you, and now just let see, how much money or helps will "go through" the people who really needs it!
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
It is times like this that we most put aside all are difference and work together in unity to help all does affected... unfortunately like it was said, there are always some people that will take advantage of the situation......Money..money...money Yes... it's ashamed.....the way some humans behave.
Mon, 29 May 2006
President's plan to form new economic task force slammed
President's plan to form new economic task force slammedThe Jakarta Post, JakartaExperts have criticized a plan by President Susilo Bambang Yudhoyono to form a new working unit to help address the country's economic problems and improve the investment climate, saying the only thing the business...
Mon, 29 May 2006
Govt must create business-friendly tax regime: Experts
Govt must create business-friendly tax regime: ExpertsUrip Hudiono, The Jakarta Post, JakartaThis year's sluggish start to the collection of tax revenues shows the remaining problems in the government's taxation policies, analysts say, particularly in its failure to make taxes and economic growth...
Mon, 29 May 2006
M'sian palm firm eyes RI expansion
M'sian palm firm eyes RI expansionJAKARTA: Malaysian company Negeri Sembilan Oil Palms Bhd (NSOP) has expressed a keen interest in developing oil palm plantations in Indonesia as part of its expansion plan.
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
Good point, I had overlooked probably the biggest killer after a disaster.....The real tragedy is our inactivity in the face of disaster.
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
Quote:Originally posted by Sausage Master Polar Bear: I never quite understand how so many people die AFTER an disaster, just because aid doesn’t reach them in time. You would think the UN would create a massive food, blanket and tent stockpile in each major continent, just for such events.
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
I never quite understand how so many people die AFTER an disaster, just because aid doesn’t reach them in time. You would think the UN would create a massive food, blanket and tent stockpile in each major continent, just for such events. I am told that economics start to interplay.
Mon, 29 May 2006
Indonesians seek food; toll passes 4,300
APIndonesians seek food; toll passes 4,300By CHRIS BRUMMITT, Associated Press Writer BANTUL, Indonesia - Tens of thousands camped out for a second night Sunday in streets, cassava fields and the paths between rice paddies as the death toll from Indonesia's earthquake topped 4,300.
Sat, 27 May 2006
Eterindo sales jump 284%
Eterindo sales jump 284%Listed chemical company and the first major producer of biodisel, PT Eterindo Wahanatama Tbk reported 284% growth in sales revenue in 2005 at Rp407.44 billion.According to its behind the schedule publication of 2005 financial report, Eterindo recorded lower operating profit...
Sat, 27 May 2006
Govt plans new scheme for turnpike projects
Govt plans new scheme for turnpike projectsThe Jakarta Post, JakartaA proposed new financing scheme for turnpike projects will only require private investors to provide 30 percent of the money needed for land acquisition, while the rest can be obtained from bank loans.
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
yeah-jakarta has hardly any of those LOL
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
Quote:Originally posted by Ena: really wow!but what will go there instead? no doubt, yet another sterile shopping mall.
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
really wow!but what will go there instead?
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
they have, sort of. all the street traders have been moved on, and pasar senen itself, the original pasar maling, is going to be phased out.
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
heyho.why they dont beautify senen hmmmmmm????????
Fri, 26 May 2006
The Split Nation: Porn-Investment Bills
The Split Nation: Porn-Investment BillsParliament members are bussy to discuss two important bills on pornography and investment. Do these bills negates each other? The supporters of Porn Bill says it has nothing to do with investment appetite on Indonesia.
Fri, 26 May 2006
Plaza Indonesia plans to build new apartment building
Plaza Indonesia plans to build new apartment buildingThe Jakarta Post, JakartaPT Plaza Indonesia Realty Tbk, the listed company that operates the Plaza Indonesia shopping center and Grand Hyatt hotel in Jakarta, plans to build a new apartment building near the shopping complex as part of the...
Fri, 26 May 2006
Kalla urges Japan to establish LNG plant in Indonesia
Kalla urges Japan to establish LNG plant in IndonesiaThe Jakarta Post, JakartaVice President Jusuf Kalla has invited Japan, heavily dependent on Indonesian exports of liquefied natural gas (LNG), to develop a plant here as Jakarta focuses on using the fuel for its growing domestic demand.
Fri, 26 May 2006
VP calls for similar platform to create Asian community
VP calls for similar platform to create Asian communityTokyo (ANTARA News) - Visiting Indonesian Vice President Jusuf Kalla on Thursday called for a similar platform to create a democratic and economically transparent Asian community.
Fri, 26 May 2006
Indonesia, Malaysia sign MOU on commodity development coop
Indonesia, Malaysia sign MOU on commodity development coopPutrajaya (ANTARA News) - Malaysia and Indonesia Thursday signed a memorandum of understanding (MoU) to launch a new series of joint efforts to develop their commodity sectors with the aim of further strengthening their positions as the...
Thu, 25 May 2006
The fall of rupiah & bad timing of statements
The fall of rupiah & bad timing of statementsRupiah lost its value against greenback by almost 8% in just one week, from 8,700 to 9,400, partly due to bad timing of statements delivered by high-level government officers.
Thu, 25 May 2006
Japan understands RI`s LNG export policy, says VP
Japan understands RI`s LNG export policy, says VPTokyo (ANTARA News) - Japan understands Indonesia`s position that in the future it will export liquefied natural gas (LNG) to Japan only if there is a production surplus, Vice President Jusuf Kalla said here on Wednesday.
Thu, 25 May 2006
PLN begins rotating electricity outages
PLN begins rotating electricity outagesThe Jakarta Post, JakartaState-owned electricity company PT PLN began to cut its power supply from the Java-Bali power grid system Tuesday after appealing to household and industrial consumers to limit usage during peak hours.
Thu, 25 May 2006
Rate of Software Piracy in Indonesia Reaches 87 Percent
ipso facto, this means that 13% of all software sold/used in indonesia is legal. HA! i find that hard to believe. more like 4-5%, at the most!
Thu, 25 May 2006
Rate of Software Piracy in Indonesia Reaches 87 Percent
Rate of Software Piracy in Indonesia Reaches 87 PercentWednesday, 24 May, 2006 | 20:30 WIBTEMPO Interactive, Jakarta: The rate of software piracy in Indonesia is still high, standing at 87 percent, and this position has not changed for two years.
Wed, 24 May 2006
Mazda to set up own dealerships
Mazda to set up own dealershipsThe Jakarta Post, JakartaMazda Motor Corporation of Japan will start direct selling of its cars in July through its wholly-owned Indonesian subsidiary, PT Mazda Motor Indonesia (MMI), although it has only set itself a modest initial sales target of 500 cars by the end...
Wed, 24 May 2006
Cemex turns down government offer
Cemex turns down government offerRendi Akhmad Witular, The Jakarta Post, JakartaMexican cement giant Cemex SA has turned down the government's proposal to buy the company's shares in state-owned cement maker PT Semen Gresik (SG), saying that most of the government's proposal goes against the...
Wed, 24 May 2006
Why it's so difficult to eradicate corruption in Indonesia
Before I got married here we had to arrange a lot of paperwork in Jakarta, everywhere we went we paid extra to get it done quick but there was one place, I *think* it was the Foreign Affairs office that would not be hurried along. Come back tomorrow they said.
Wed, 24 May 2006
Why it's so difficult to eradicate corruption in Indonesia
Why it's so difficult to eradicate corruption in IndonesiaT. Sima Gunawan, JakartaYou don't have to be a businessperson or an international analyst to tell how corrupt Indonesia is. Whoever you are, once you set foot in the country, you'll get plenty of evidence from your interaction with corrupt...
Tue, 23 May 2006
Electricity Supply Critical in Java and Bali
Electricity Supply Critical in Java and BaliTuesday, 23 May, 2006 | 16:21 WIBTEMPO Interactive, Jakarta: The electricity supply in Java and Bali are experiencing a deficit because the gas supply to the Muara Karang and Tanjung Priok gas and steam-powered electricity generators (PLTGU) from the...
Tue, 23 May 2006
Stock Exchange and Rupiah Collapse
Stock Exchange and Rupiah CollapseTuesday, 23 May, 2006 | 16:13 WIBTEMPO Interactive, Jakarta: Jakarta's stock exchange collapsed yesterday. The composite stock price index dropped by 6.03 percent to the level of 1,309.045.
Tue, 23 May 2006
PLN hit by gas supply problem
PLN hit by gas supply problemRendi Akhmad Witular, The Jakarta Post, JakartaState-owned power utility PLN will have to incur extra expenditure on buying diesel to fire its power plants and avoid massive blackouts in Jakarta and Banten following a disruption to its gas supply.
Tue, 23 May 2006
Govt falls behind revenue targets
Govt falls behind revenue targetsThe Jakarta Post, JakartaTax revenue in the first four months of the year amounted to Rp 105 trillion (some US$11.6 billion), the Finance Ministry reported, up 24 percent compared to the same period last year on the back of intensified tax collection.
Tue, 23 May 2006
Wrong investment decision
Wrong investment decisionEditorial, The Jakarta PostWhat a new twist in the saga of Mexican cement company Cemex's eight years of frustrating investment operations in Indonesia.In late 1998, when the world's third largest cement group brought in hundreds of millions of dollars to acquire 25 percent...
Tue, 23 May 2006
Incentives for Strategic Industries
Incentives for Strategic IndustriesMonday, 22 May, 2006 | 17:59 WIBTEMPO Interactive, Jakarta: It has been proposed that tax incentive be implemented for strategic industries, which absorb many employees and increase the domestic technologic capabilities.
Tue, 23 May 2006
RI, Japan to renegotiate MRT project
RI, Japan to renegotiate MRT projectJakarta (ANTARA News) - Indonesia and Japan will renegotiate the terms and conditions for the implementation of a mass rapid tranport (MRT) project in Jakarta with the possibility that a minimum of 30 percent of the materials used in the work would be obtained...
Tue, 23 May 2006
Govt to complete regulation on infrastructure development in May
Govt to complete regulation on infrastructure development in MayJakarta (ANTARA News) - The Indonesian government will complete formulation of all its regulations on infrastructure development by the end of May so that no more regulatory obstacles to investment exist by June before the holding of...
Mon, 22 May 2006
U.S. car giant plans US$1.4 billion investment in RI
U.S. car giant plans US$1.4 billion investment in RIBenget Simbolon Tnb. and Prodita Kusuma Sabarini, The Jakarta Post, JakartaA United States-based automotive manufacturer has apparently expressed interest in building a car factory worth up to US$1.
Mon, 22 May 2006
PLN says Java-Bali to face 300 MW power deficit on gas shortage
PLN says Java-Bali to face 300 MW power deficit on gas shortageJakarta (ANTARA News) - State electricity firm PT Perusahaan Listrik Negara (PLN) said the integrated Java-Bali system is facing a power deficit of 300 megawatts due to a shortage of gas supply from BP West Java to PLN's Muara Karang...
Mon, 22 May 2006
Bank Indonesia : Rupiah has factored in Moody's ratings upgrade
Bank Indonesia : Rupiah has factored in Moody's ratings upgradeJakarta (ANTARA News) - The rupiah is not likely to strengthen further against the US dollar on the back of Moody's upgrade of Indonesia's sovereign ratings last week because the upgrades had been factored in by the market earlier, Bank...
Mon, 22 May 2006
Rupiah lower as US dollar rebounds on rate hikes expectations
Rupiah lower as US dollar rebounds on rate hikes expectationsJakarata (ANTARA News) - The rupiah was lower, pressured by some renewed dollar strength against other currencies, especially the yen, dealers said.