Indonesian Political, Business & Finance News

Search Archive

Search Tips

You can use boolean operators in your search:

  • pugilist AND basketball - Both words must appear
  • jakarta OR surabaya - Either word can appear
  • jakarta NOT politics - Must have jakarta but not politics
  • +jakarta -politics - Must have jakarta, must not have politics
  • "exact phrase" - Search for exact phrase
  • basket* - Wildcard (matches basketball, basket, etc.)

Found 139 articles

Govt needs to go the extra mile to attract investments: Kadin

Right kuku, just simple bureaucracy and no tip money everywhere and everytime we enter the door of government office. That make me piss off too when I only need my ID card.

Employers relaxing the pressure for revision of labor legislation

Employers relaxing the pressure for revision of labor legislationThe Jakarta Post, JakartaThe Indonesian Employers Association (Apindo) appears to be backing off on the proposed amendments to the 2003 Labor Law, saying that there are other more urgent ways in which the business climate can be...

Govt needs to go the extra mile to attract investments: Kadin

this is crap. "incentives" are not needed at all to attract investors to indonesia. what is required is very simply a stable economic environment where investors rights are not trampled over, and where they are not treated like criminals by the government, police, miliary and bureaucracy for daring...

Govt needs to go the extra mile to attract investments: Kadin

Govt needs to go the extra mile to attract investments: KadinBenget Simbolon Tnb., The Jakarta Post, JakartaThe Indonesian Chamber of Commerce and Industry (Kadin) has warned the government that enacting a new investment law and improving the macro economy would not be enough to generate sustained...

IMF Statement on Indonesia

Statement by IMF Staff at the Conclusion of the 2006 Article IV Consultation Discussions with IndonesiaPress Release No. 06/106May 19, 2006 Mr. Stephen Schwartz, Senior Resident Representative of the IMF in Indonesia, made the following statement in Jakarta today:"An IMF mission led by Mr.

Stanchart plans 'Indonesian Day' in all branches in 56 countries

Quote:Originally posted by KuKuKaChu: Despite the deteriorating image of Indonesia overseas, At least people are now admiting it. Australia is making plant on how it handles millions of refugees from another Islamic state gone crazy....

Yudhoyono slams 'unfair' global trade practices

Yudhoyono slams 'unfair' global trade practicesRendi Akhmad Witular, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono has criticized imbalances in the international trade regime supported by most developed nations that limit access to agricultural products from poor and developing...

Ailing economy a threat to RI democracy: Survey

Ailing economy a threat to RI democracy: SurveyM. Taufiqurrahman, The Jakarta Post, JakartaMore than 70 percent of Indonesians in a recent survey believe democracy is the best of all political systems but they are far less happy about the economy, and support for alternative authoritarian systems...

Freeport's Work Contract Questionable

Freeport's Work Contract QuestionableFriday, 19 May, 2006 | 14:06 WIBTEMPO Interactive, Jakarta: The Supreme Audit Agency (BPK) assumes the composition of PT Freeport Indonesia's work contract is inaccurate so Freeport has the potential to put the state at a loss.

BRI to lend Rp 2t to corn growers

BRI to lend Rp 2t to corn growersThe Jakarta Post, JakartaState-owned Bank Rakyat Indonesia (BRI) will extend some Rp 2 trillion (US$219 million) in loans to farmers to help turn Sulawesi Island into a center of corn production, National Corn Council chairman Fadel Muhammad said Thursday.

S'pore trade chamber inaugurated

S'pore trade chamber inauguratedThe Jakarta Post, JakartaAbout 80 business executives from Singaporean firms operating in Indonesia inaugurated a chamber of commerce Thursday to represent there interests here.

Stanchart plans 'Indonesian Day' in all branches in 56 countries

Stanchart plans 'Indonesian Day' in all branches in 56 countriesThe Jakarta Post, JakartaDespite the deteriorating image of Indonesia overseas, Standard Chartered Bank plans to hold an "Indonesian Day" on Monday in all of its branches in 56 countries in a bid to increase awareness about Indonesia's...

Pertamina to import 7.5 mln barrels of fuel/month in June, July

Pertamina to import 7.5 mln barrels of fuel/month in June, JulyJakarta (ANTARA News) - State oil-and-gas firm PT Pertamina plans to import 7.5 mln barrels of fuel a month in June and July, slightly higher than the 7.4 mln barrels planned for this month, marketing director Achmad Faisal said.

Moody's upgrades Indonesia

MOODY'S UPGRADES INDONESIA'S RATINGSNew York New YorkVincent J. Truglia Steven A. HessManaging Director VP - Senior Credit OfficerSovereign Risk Unit Sovereign Risk UnitMoody's Investors Service Moody's Investors ServiceJOURNALISTS: 212-553-0376 JOURNALISTS: 212-553-0376SUBSCRIBERS: 212-553-1653...

Govt advised to be careful about Cemex`s shares sale

May 18 22:10Govt advised to be careful about Cemex`s shares saleJakarta (ANTARA News) - The Indonesian government, the state enterprises ministry in particular, should be careful in handling the sale of Cemex`s 25.53-percent stake in PT Semen Gresik, an economic observer said.

Indonesia, Singapore to develop special economic zones

May 18 20:54Indonesia, Singapore to develop special economic zonesJakarta (ANTARA News) - Indonesia and Singapore plan to sign an agreement to develop special economic zones (SEZ) in Batam and Bintan in June, Singapore ambassador to Indonesia Edward Lee said here on Thursday.

Bank Indonesia denies planning to apply foreign exchange control policy

May 18 16:45Bank Indonesia denies planning to apply foreign exchange control policyDenpasar, Bali (ANTARA News) - Bank Indonesia (BI - central bank) Governor Burhanuddin Abdullah on Thursday denied rumours that the central bank would apply a foreign exchange control policy to prevent the rupiah...

Indonesia's economic reform tightrope

May 19, 2006 RISKY BUSINESSIndonesia's economic reform tightropeBy Federico BordonaroPresident Susilo Bambang Yudhoyono is actively wooing new foreign investment to boost the Indonesian economy. While that newfound openness definitely sends a positive signal overseas, he still faces four big...

More Indonesian Workers in Singapore Commit Suicide

More Indonesian Workers in Singapore Commit SuicideThursday, 18 May, 2006 | 15:33 WIBTEMPO Interactive, Jakarta: The number of Indonesian workers (TKI) in Singapore committing suicide has increased.Fachry Sulaiman, Head of the Consular Section at the Indonesian Embassy in Singapore, said that in...

Indonesia shares fall 3.62 percent, rupiah at fresh low

May 18 13:22Indonesia shares fall 3.62 percent, rupiah at fresh lowJakarta (ANTARA News) - Indonesian share prices slid 3.62 percent during the morning session Thursday amid worries over further US interest rate hikes and as the rupiah also fell sharply against the dollar, dealers said.

Indonesians main buyers of Singapore apartments

Indonesians main buyers of Singapore apartmentsThe Jakarta Post, SingaporeIndonesians are registered as the largest foreign buyers of high-end homes in Singapore, exceeding other traditional buyers like Malaysia and Hong Kong, a report said.

Rupiah fall driven by global factors - Budiono

Is it true that Indonesia is attractive for investment? From past discussions here, and reading the media, I thought that the Goverment were trying to change things around because Indonesia is not a place people wanted to do business.

Rupiah fall driven by global factors - Budiono

May 18 10:37Rupiah fall driven by global factors - BudionoJakarta (ANTARA News) - The rupiah's fresh slide against the dllar is caused by global factors, given that government policies remain atractive for investment here, Coordinating Minister for the Economy Budiono said.

Plantations in C Kalimantan keep expanding

May 17 20:38Plantations in C Kalimantan keep expandingPalangka Raya (ANTARA News) - The planting of oil palm, rubber and coconut trees as well as other plantation commodities in Central Kalimantan has kept on expanding thanks to the implementation of the plantation commodities cultivation program...

Palm oil industry killing orangutans

oh so sad for the orangutan. I love orangutan

Palm oil industry killing orangutans

Palm oil industry killing orangutansFemke van den Bos, JakartaIt will only take up to two or three years of rain forest destruction if the current rate continues to determine the fate of the orangutan. The populations of orangutans that will still exist in 2008 will not be viable anymore and the...

Biodiesel to be Available as from May 20

Biodiesel to be Available as from May 20Wednesday, 17 May, 2006 | 19:11 WIBTEMPO Interactive, Jakarta: PT Pertamina, the state-owned oil & gas company, is to start selling five percent Biodiesel - to be called as Biosolar - as from May 20.

Jakarta eyes palm oil for fuel

Jakarta eyes palm oil for fuelBy Bill GuerinJAKARTA - Spiking global oil prices have fuel-importing countries everywhere examining the potential of lower-cost biofuels to save on their fuel bills and shore up national energy security.

Government likely to terminate gas exports

At last, common sense seems to prevail.

BI: No fundamental reasons for rupiah to "continously fall

May 17 10:38Bank Indonesia : No fundamental reasons for rupiah to "continously fall"Jakarta (ANTARA News) - Central Bank Indonesia governor Burhanuddin Abdullah said the market perceives no fundamental reasons for the rupiah to "continuously fall".

Government likely to terminate gas exports

Government likely to terminate gas exportsThe Jakarta Post, JakartaIn line with the government's plan to optimize gas utilization at home, a minister says he is considering the gradual halting of liquefied petroleum gas (LPG) exports.

Fears rise over investor confidence as govt warned against scuttling Cemex

Fears rise over investor confidence as govt warned against scuttling CemexThe Jakarta Post, JakartaIndependent experts have warned the government not to thwart the planned sale of Cemex's shares in PT Semen Gresik (SG) to local investor Rajawali Group as this would only further damage investor...

Govt to boost investment to accelerate growth

Govt to boost investment to accelerate growthThe Jakarta Post, JakartaThe government will work hard to try to boost investment in the second quarter of this year in order to accelerate economic growth following a dismal first quarter performance, Finance Minister Sri Mulyani Indrawati has said.

Tripatra got Cirebon power plant

yes, and especially at the moment, they are up to all sorts of tricky dealings.

Tripatra got Cirebon power plant

Tuesday, May 16, 2006Tripatra got Cirebon power plantIt's just another friend. Bakrie Power lost the bidding to build 600 MW power plant in Cirebon, but it paves the way for Tripatra Engineering-Marubeni-Samtan-Komipo.

Rupiah weakens significantly on Tuesday

May 16 15:25Rupiah weakens significantly on TuesdayJakarta (ANTARA News) - The rupiah exchange rate against the US dollar decreased to Rp9,200/9,210 in the spot market here Tuesday morning, dwindling by 205 points from Rp8,895/8.900 when the Indonesian currency was traded on Monday.

Government to Build International Internet Backbone

Government to Build International Internet BackboneMonday, 15 May, 2006 | 16:34 WIBTEMPO Interactive, Jakarta: The government will build an international Internet backbone in Indonesia which will mean cheaper bandwidth prices for the general public.

Electricity Tariff for Industry

Electricity Tariff for IndustryMonday, 15 May, 2006 | 17:01 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PT PLN) will still put into effect a disincentive rate or Dayamax Program for industry using electricity at peak loads between 5pm and 10pm.

Rupiah lower vs dollar on technical rebound factor

Considering for the highly depreciation economic pressure which could obstruction of macro economic stabilization, BI take some steps including of trying to make the rate of exchange value being stabilized.

Rupiah lower vs dollar on technical rebound factor

May 15 10:11Rupiah lower vs dollar on technical rebound factorJakarta (ANTARA News) - The rupiah fell against the dollar in early deals as the US unit saw a technical rebound after recent falls, dealers said. At 9:35 am, the rupiah was at 8,845/8,855 to the dollar compared to 8,730/8,735 on Friday.

Minister says draft law will drive investment

Minister says draft law will drive investmentBenget Simbolon Tnb., The Jakarta Post, JakartaIndonesia is banking on an investment draft law recently submitted to the House of Representatives to improve the business climate and the flow of investment into the country.

Hefty dividend rumored for Bumi Resources investors

Hefty dividend rumored for Bumi Resources investorsThe Jakarta Post, JakartaObservers expect publicly listed mining concern PT Bumi Resources, the country's largest coal producer, to provide a hefty annual and interim dividend of Rp 200 per share to investors.

Surf's up for Australian business in Indonesia

Surf's up for Australian business in IndonesiaDuncan Graham, ContributorHaving surfing as a major interest on your resume probably wouldn't endear you to most bosses.Surfers don't have a great public image, despite SurfAid International programs in isolated areas of the archipelago where...

Govt to shorten process to obtain import-export permits

May 13 01:10Govt to shorten process to obtain import-export permitsJakarta (ANTARA News) - The Indonesian government plans to shorten the process to obtain export-import permits from about 10-30 days to only 30 minutes as part of the implementation of the National Single Window (NSW) program, an...

BPS: Economic Census Requires Rp400 Billion

BPS: Economic Census Requires Rp400 BillionFriday, 12 May, 2006 | 16:03 WIBTEMPO Interactive, Jakarta: The Central Statistics Bureau (BPS) will begin the economic census 2006 on Monday. A Rp400 billion fund is estimated for this. According to the Deputy of Economic Statistics Department at BPS, R.

Indonesia's state firms start using biodiesel fuel

i'm getting a lot of enqiries at the moment relating to biofuels ... people wanting to set up plantations, oil processing plants, and the like ... but i'm not sure the economics are there yet: subsidised deisel is Rp4300 a litre, CPO is Rp6500 on the world market ...

Indonesia's state firms start using biodiesel fuel

Hmm good prospect of business, I will get more money coz I am living in the jungle of palm oil

Indonesia's state firms start using biodiesel fuel

May 12 11:20Indonesia's state firms start using biodiesel fuelJakarta (ANTARA News) - A number of major state companies have reportedly agreed to use biodiesel to substitute oil fuel.Bisnis Indonesia daily reported that electricity company PLN, plantation company PT PN VII and railway company PT...

Govt told not to meddle in Cemex, Rajawali affair

Govt told not to meddle in Cemex, Rajawali affairThe Jakarta Post, JakartaThe government's reluctance to approve Mexican cement giant Cemex SA's sale of its stake in PT Semen Gresik to Rajawali Group has drawn criticism for possibly sabotaging a solution to the embarrassing four-year-old saga of...

Increase investment in pharmaceutical sector: minister

May 12 01:27RI should increase investment in pharmaceutical sector: ministerNusa Dua, Bali (ANTARA News) - Industry Minister Fahmi Idris said Indonesia must increase investment in the pharmaceutical sector to obtain cheap medical drugs.