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Tue, 06 May 2008
German firm to enter motorcycle market
German motorcycle maker Sachs Fahrzeug-und Motorentechnik Gmbh wants to grab a share in the Indonesia's fast growing but tightly competitive market, Asia Pulse reported. Sachs Germany, as the company is known, has established a joint venture with a local partner PT Minerva Motor Indonesia to...
Tue, 06 May 2008
US trade chief in talks in Bali
US Trade Representative Susan Schwab was to discuss ways to boost trade with Southeast Asia and wrap up long-running world trade talks in meetings beginning on Thursday in Bali, according to a statement reported by Reuters.
Mon, 05 May 2008
Govt to focus on port, railway projects
Aditya Suharmoko, The Jakarta Post, Jakarta The government will prioritize the development of port and railway infrastructure this year to ease the flow of goods and reduce high transportation costs in the country, a minister says.
Mon, 05 May 2008
Developers eye low-cost apartments, houses
The Jakarta Post, Jakarta The Indonesian real estate association (REI) is to construct 86 subsidized low-cost apartment towers, with 600 units per tower, and 120,000 low-cost houses this year for low-income households.
Mon, 05 May 2008
Pertamina cuts amount of CPO in BioSolar
Due to the rising price of crude palm oil (CPO), state oil and gas company PT Pertamina says it will cut the content of the commodity in its "BioSolar" product from 2.5 percent to 1 percent.Pertamina director for marketing and trade Ahmad Faisal said over the weekend that with the CPO prices...
Mon, 05 May 2008
Time for RI to rethink inclusive growth
Owais Parray, Jakarta Is Indonesia back in the fast lane of economic growth? Indicators from the latter half of last year may seem to suggest so, but the global economy is likely to slow as a result of rising oil prices and a near recession in the U.S.
Mon, 05 May 2008
Unilever palm oil policy wins fans
Environmental group Greenpeace has echoed calls by consumer goods giant Unilever to impose a moratorium on deforestation in Indonesia in support for the company's pledge to purchase only certified sustainable palm oil.
Mon, 05 May 2008
Luring 300,000 Chinese tourists to Indonesia is not easy
That was what I was alluding to!
Mon, 05 May 2008
Luring 300,000 Chinese tourists to Indonesia is not easy
yes, lure has connotations of entrapment and deceit. on second thoughts ...
Mon, 05 May 2008
Luring 300,000 Chinese tourists to Indonesia is not easy
Quote:took various measures to lure as many as possible Chinese tourists to Indonesia.I hardly think lure is the right word to use here!
Mon, 05 May 2008
Luring 300,000 Chinese tourists to Indonesia is not easy
Hong Kong (ANTARA News) - The Indonesian Embassy in Beijing projected the number of Chinese tourists coming to Indonesia this year at 300,000, for which promotions are being conducted.The campaign on Visit Indonesia Year (VIY) 2008 launched by the Ministry of Culture and Tourism in Jakarta since...
Mon, 05 May 2008
World Islamic economic forum is important, says RI`s representative
Jakarta (ANTARA News) - Indonesia, like some other countries, believed that the Islamic countries in the world whose population is one-fifth of the world total, are playing a strategic role.But the role needs to be intensified with a view to implementing several agendas and in view of global...
Mon, 05 May 2008
Hong Kong toy makers to invest in Indonesia
Beijing (ANTARA News) - A number of toy producers from Hong Kong was scheduled to visit Indonesia in June this year to explore investment possibilities in cooperation with local toy makers, a diplomat said."It was planned that a number of Hong Kong toy producers will come to Indonesia in June.
Sun, 04 May 2008
Documented Foreign Workers in Bali on the Rise.
20% Increase in Bali's Foreign Workers Reported by Badung Regency.Bali News: Documented Foreign Workers in Bali on the Rise.(5/3/2008) BisnisBali reports that the number of foreign workers holding "legal" work permits has increased +20.
Sun, 04 May 2008
The Indonesian Investment Conference in Bali
Join Indonesia's Leaders in Finance and Investment in Bali May 21-22, 2008.Bali News: The Indonesian Investment Conference in Bali(5/3/2008) A major investment conference involving Indonesia's key economic architects from the Ministry of Finance, the Central Bank and business leaders from the...
Sun, 04 May 2008
Foreign arrivals up 15.7 percent, but EU visitors wane on airline ban
The Central Statistics Agency (BPS) said Friday Indonesia saw a 15.7 percent jump in the number of foreign arrivals to 1.41 million in the first quarter of 2008 from 1.22 million in the same period last year.In March alone, the number of foreign arrivals hit 502,000, up by 13.
Sun, 04 May 2008
RI's first quarter exports grow 31.7%
A resources-based commodities boom has boosted the country's export figures in the first quarter of this year by 31.7 percent, the latest survey reveals.The latest data from the Central Statistic Agency (BPS) show Indonesia's exports climbed to US$33.6 billion in the first quarter of 2008 from $25.
Sun, 04 May 2008
Australian trade minister attends ASEAN economic ministers meeting
Denpasar (ANTARA News) - Australian Trade Minister Simon Crean is taking part in the ASEAN Economic Ministers - Closer Economic Relations (AEM-CER) consultations in Nusa Dua, Bali, on Saturday.The meeting is being attended by 14 economic ministers from ASEAN and ministers of four countries outside...
Sun, 04 May 2008
Indonesian exports seen bouncing back in March on stronger oil, gas prices
If I'm not mistaken, Indonesia is net oil importer. Thus, actually the situation just got worse not better after the price increase.
Fri, 02 May 2008
Indonesia Forms Tax Legal Aid Institution
Wednesday, 30 April, 2008 | 17:51 WIBTEMPO Interactive, Jakarta: The Indonesian Tax Legal Aid institution (LBHPI) has eventually been officially launched.Eddy Mangkuprawira, the Head of LBHPI, said that the establishment of this institution had been ignited by low concern regarding tax legal issues.
Fri, 02 May 2008
Domestic coal consumption to exceed exports
Domestic coal consumption would exceed coal exports, sometime between 2015 and 2020, if the government cap on coal exports remains in place, an association said Tuesday.Indonesian Coal Mining Association president Jeffrey Mulyono said domestic coal demand would jump to 75 million tons in 2009, from...
Fri, 02 May 2008
Bata aims to resist challenge from Chinese shoe imports
Publicly listed footwear maker PT Sepatu Bata (Bata Indonesia) has allocated Rp 70 billion (US$7.46 million) for its corporate actions this year in the hopes of retaining its seven percent share in the local footwear market amid fierce competition from Chinese imports.Merchandising Director Anita R.
Fri, 02 May 2008
Food industry: Prospect in turmoil
Novri Irza Hidayattullah, Jakarta The fluctuation of international commodities prices, including food and fuel, has triggered big worries in the domestic food industry over whether the industry will able to survive and pass the turbulence.
Fri, 02 May 2008
Govt to sell half of oil stockpile to add revenue
Ika KrismantariThe government plans to sell half of its stockpile of 14 million barrels of crude oil this year to increase revenues to compensate for oil subsidy demands amid rising oil prices.Energy and mineral resources Minister Purnomo Yusgiantoro said Tuesday the government would sell 30,000...
Fri, 02 May 2008
New BPMigas chief vows efficiency, transparency
The new chairman of BPMigas, the country's upstream oil and gas regulator, pledged Tuesday to promote efficiency and transparency in the powerful agency.Speaking at his inauguration, R. Priyono said the agency would cut bureaucratic processes oil and gas companies must undergo to obtain exploration...
Fri, 02 May 2008
Indonesia must adopt new 'clean coal' to halt global warming
Sylvia Darmaji, AnalystIndonesia, the world's biggest thermal coal exporter, should adopt new technologies to overcome the threat of global warming.In the wake of emerging economies, the demand for energy sources has increased over the last few years.
Fri, 02 May 2008
S'pore exploring possibilities of cooperating with Gorontalo in agriculture
Vast opportunities exist for Singapore and Indonesia's Gorontalo province to cooperate in the agricultural sector Singapore envoy says.As city-state with no hinterland, Singapore's economy has relied on trade and port sectors, Singaporean Ambassador to Indonesia Ashok Mirpuri said Wednesday.
Fri, 02 May 2008
Indonesian exports seen bouncing back in March on stronger oil, gas prices
Jakarta (ANTARA News) - Indonesian exports probably bounced back in March, after dropping slightly in February, helped by stronger oil and gas prices, economists said.Exports stood at $10.53 billion in February, down 5 percent from the all-time high of $11.09 billion hit in January, but were up 28.
Fri, 02 May 2008
Indonesia Biofuel Not Behind Environment, Food Woes
INDONESIA: May 2, 2008JAKARTA - Indonesia's biofuel sector is not a major force destroying tropical forests or squeezing out land used for food production, a senior industry official told Reuters on Wednesday.