Search Archive
Search Tips
You can use boolean operators in your search:
pugilist AND basketball- Both words must appearjakarta OR surabaya- Either word can appearjakarta NOT politics- Must have jakarta but not politics+jakarta -politics- Must have jakarta, must not have politics"exact phrase"- Search for exact phrasebasket*- Wildcard (matches basketball, basket, etc.)
Tue, 19 Jun 2007
Yamaha to Up Motorcycle Output Capacity
Japan's Yamaha Motor Co said Wednesday (13/6/07) it will boost the production capacity of its motorcycle factory in Indonesia by more than 20% by 2008 to meet strong demands.The Japanese motorcycle maker will build an additional line at its existing No 2 plant on the outskirts of Jakarta, a Yamaha...
Tue, 19 Jun 2007
Royal Doulton to Invest $25m
Royal Doulton, with an existing investment of $75 million in the country’s ceramic industry, plans to invest a further $25 million, Antara reported.Anthony O`Reilly, the British company’s chairman, said June 9 that with the additional investment, the company would raise its ceramic wares...
Tue, 19 Jun 2007
Incentives for Investment Unveiled
The government aims to boost investment in the country by slashing the approval time for new investments, offering tax incentives, and creating other measures to smooth the path for entrepreneurs, Coordinating Minister for the Economy Boediono said Tuesday (12/6/07).
Tue, 19 Jun 2007
New Reforms Include Tax Incentives
The government introduced a new package of economic reforms on Tuesday (12/6/07) as part of its long-running program, offering faster approvals for investments, tax incentives for listed companies, accelerated depreciation and exemptions or reductions in land and building taxes.
Tue, 19 Jun 2007
Indonesia CPO production set to hit 17 mln tons
The Indonesian government has projected crude palm oil (CPO) production to increase by 7.8 percent to 17.44 million tons this year from 2006.CPO production will pick up during the harvest period from July to December, Industry Minister Fahmi Idris said in a hearing with legislators here on Monday.
Tue, 19 Jun 2007
Local workers expected to absorb knowledge, skills of expats
Jambi (ANTARA News)- The business companies in Jambi were suggested to use expetriates to train the local workers in accordance with their skills, a spokesman said.Local workers should learn or observe the knowledge and skills of expatriates employed by Indonesian companies, so that the companies...
Tue, 19 Jun 2007
Export Duty to be Utilized for CPO Subsidy
TEMPO Interactive, Jakarta:The proceeds from increasing export duty on crude palm oil (CPU) products and by-products being raised to between 6.5 and 10 percent must be given back in the form of subsidies for cooking oil processing factory.
Tue, 19 Jun 2007
11 provinces waiting in line for SEZs: Minister
Eleven provincial governments have proposed the establishment of special economic zones (SEZ) in their respective areas, but the government says they will have to meet the "tough" criteria set by a government-sanctioned team.
Tue, 19 Jun 2007
GPEI asks govt to exempt exporters from warehouse fees
GPEI asks govt to exempt exporters from warehouse feesJAKARTA(Antara): The Indonesian Exporters Association (GPEI) is urging the government to free goods intended for export from warehouse fees so that exporters do not need to send their goods to seaports on the day of their shipment, a spokesman...
Mon, 18 Jun 2007
Indonesias graft now more sophisticated - Officials
KPK is supposed to spear the big fish. When KPK receives reports from the public about lower level corruption, such reports are generally delegated down to the cops and the attorney general's office/local prosecution offices.
Mon, 18 Jun 2007
Indonesias graft now more sophisticated - Officials
14 cases in a year ... so not making any impact. Do you think it would work better if they had one team looking at the big fish / high profile cases and another team that looks at the millions of low level graft? I would think that with a good media campaign telling people of their rights followed...
Mon, 18 Jun 2007
Indonesias graft now more sophisticated - Officials
"since it started in 2003" is a bit unfair. KPK’s creation was mandated in a 2002 law, but it wasn’t until late September 2003 (after promises of foreign aid) that Megawati finally issued a decree commissioning a committee to select KPK’s five leaders.
Fri, 15 Jun 2007
Indonesias graft now more sophisticated - Officials
Does anybody know how many people have been successfully prosecuted by the anti graft commission since it started in 2003??
Fri, 15 Jun 2007
Fix quality, garment producers told
Indonesia's garment producers have to improve productivity, service and, most importantly, quality, if they want win a bigger share of the world market, particularly in the United States, a consultant suggests.
Fri, 15 Jun 2007
Indonesias graft now more sophisticated - Officials
Jakarta (ANTARA News) - Corruption remains widespread in Indonesia and is getting more sophisticated despite the government's high-profile drive to eradicate it, officials involved in fighting graft said on Thursday.
Thu, 14 Jun 2007
Economic Policy Package Considered to Have Missed Target
TEMPO Interactive, Jakarta: The economic policy package launched by the government yesterday (12/6) is considered not to have touched the real sector.According to an economist who is a member of Indonesia's Awakening Team, it is not a policy package but rather bureaucracy routineness.
Thu, 14 Jun 2007
Jakarta tackles barriers to investment
Published: June 12 2007 15:54 | Last updated: June 12 2007 15:54Indonesia is planning to roll back some of the powers granted to local authorities under a seven-year-old regional autonomy scheme because they are negatively affecting investment and infrastructure development, the country’s chief...
Thu, 14 Jun 2007
RI to put five geothermal projects out to tender
The government will invite bids in August for five geothermal projects as part of the effort to boost electricity supply in less-developed regions, says an official.The projects will have an estimated combined capacity of 455 megawatts (MW), comprising 160 MW in Seulawah, Nanggroe Aceh Darussalam,...
Thu, 14 Jun 2007
CPO producers may be forced to sell part of output at home
In addition to increasing the export duty on cooking oil, the government is also considering requiring CPO producers to sell a certain portion of their output on the domestic market to help bring down the price of cooking oil, which uses CPO as its main raw material.
Thu, 14 Jun 2007
Riau governor seeks investors for undeveloped islands
The Riau Islands provincial administration has offered the Haj Fund Board of Malaysia the opportunity to lease one of its islands for development.Riau Islands Governor Ismeth Abdullah made the offer Monday to Minister in the Department of the Prime Minister Abdullah Mohammad Zein, during a ceremony...
Thu, 14 Jun 2007
Financial boost for SMEs and listed firms
The government finally unveiled Tuesday its long-awaited package of new economic policy reforms that will, among other things, provide tax incentives for publicly listed companies and facilitate easier access to bank loans for small and medium enterprises (SMEs).
Thu, 14 Jun 2007
Govt encouraging investors to build cement factories outside Java
Jakarta (ANTARA News) - The government is encouraging investors to set up cement factories outside Java on the ground that demand for the commodity in the other islands is high but often not met, an Industry Ministry official said.
Wed, 13 Jun 2007
Govt to revitalize strategic industries
Jakarta (ANTARA News) - The government will soon revitalize state firms engaged in strategic industries, including aircraft maker PT Dirgantara Indonesia (DI)."I think the country is now able to revitalize state firms engaged in strategic industries," State Enterprises Minister Sofyan Djalil said...
Wed, 13 Jun 2007
Tourism Departement preparing "Visit Indonesia Year"
Jakarta (ANTARA News) - The government`s culture and tourism department is currently making preparations for the launching of a "Visit Indonesia Year" in the middle of 2007, a spokesman said."A `Visit Indonesai Year` (VIY) is now in the final phase of preparation.
Wed, 13 Jun 2007
Three state mining firms to be joined in holding company soon
Jakarta (ANTARA News) - The government is soon to realize its plan to form a holding company comprising three state-owned mining companies -- PT Aneka Tambang , PT Tambang Batu Bara Bukit Asam and PT Timah -- named Indonesia Resource Company (IRC)), a spokesman said.
Tue, 12 Jun 2007
No Oil Palm in Primary Forests: Minister
Indonesia won't allow oil palm growers to cut primary forests for establishing plantations, State Minister for Environment Rachmat Witoelar said.Indonesia is trying to reduce emissions of greenhouse gases, 75% of which result from deforestation.
Tue, 12 Jun 2007
Tax service introduces 'one-stop-shop' offices
The Finance Ministry's Directorate General of Taxation officially starts operating "one-stop-shop" tax offices Tuesday in line with the ministry's mission to "modernize" the service by next year.The new offices, called "Pratama Tax Service Offices", will offer taxpayers more convenience as they...
Tue, 12 Jun 2007
Kalimantan-Java gas pipeline to go ahead as scheduled, vows official
PT Bakrie & Brothers has finally received the green light from the government to continue work on its US$1.26 billion gas pipeline linking East Kalimantan and Central Java, despite earlier uncertainty over the gas supply for the project.
Tue, 12 Jun 2007
Mobile-8 merges subsidiaries to boost efficiency
The country's fourth largest CDMA-based cellular operator, Mobile-8 Telecom, has completed the merger of three of its subsidiaries, PT Komunikasi Selular Indonesia (Komselindo), PT Metro Selular Nusantara (Metrosel) and PT Telekomindo Selular Raya (Telesera), to reduce operating costs.
Mon, 11 Jun 2007
Taiwanese delegation surveys business opportunities in RI
A trade delegation from Taiwan made up of more than 30 leading Taiwanese companies is currently in Indonesia to explore business opportunities."The Indonesian market has great potential for our well-known mechanical and IT products.
Mon, 11 Jun 2007
Artha Graha expands partnership in seed business
Despite a recent deficit in the country's agricultural sector, the Artha Graha Group, headed by politically well connected businessman Tomy Winata, has expanded its push into the hybrid seed business with its Chinese partner company.
Mon, 11 Jun 2007
Tommy Soeharto eying oil palm business in Maluku
Ambon (ANTARA News) - National businessman Tommy Soeharto (youngest son of former President Soeharto) is eying a oil palm potential in Maluku which has areas with bright prospect for the business, a local official has said.
Mon, 11 Jun 2007
Sharp decline in gas exploration wells drilled in Indonesia
They forgot to mention that new Gas Wells prospects, because of the fact that they are situated in the relatively unexplored deep water areas cost much more to drill with no guarantee of a find. This costs substantially more than an onshore "oil well" exploration due to the higher technology which...
Mon, 11 Jun 2007
U.S. companies in SE Asia say corruption, protectionism hurt business in region: survey
SINGAPORE (AP): American companies in Southeast Asia say corruption is a "major impediment" to doing business in the region, except in Singapore, according to a survey of U.S. businesses released Friday.
Mon, 11 Jun 2007
Temasek denies monopolistic practices in Indonesia's mobile phone sector
JAKARTA(AP): Singapore's state-owned investmentcompany, Temasek Holdings, denied Thursday it was involved in monopolistic practices in Indonesia's telecommunications industry.It also said it was "disappointed" Indonesia's competition watchdog, known as the KPPU, was intensifying an investigation...
Mon, 11 Jun 2007
China, Indonesia to expand cooperation
Chinese Premier Wen Jiabao met with Indonesian Vice President Yusuf Kalla in Beijing on Friday, calling for expanding cooperation between the two countries.Speaking positively of the China-Indonesia relations, Wen said he hopes the two sides could work out an action plan on their strategic...
Mon, 11 Jun 2007
Sharp decline in gas exploration wells drilled in Indonesia
Jakarta (ANTARA News) - The annual number of natural gas exploration wells drilled in Indonesia dropped by as much as 50 percent in the past nine years, oil observer Kurtubi said here on Saturday."The problem is that no new reserves were found in the upstream sector," he said adding that before...
Sun, 10 Jun 2007
Keeping the Locals in Stitches
Bali's Garment Sector Has Shrunk Dramatically Since 2005 Terrorist Attack.Bali News: Keeping the Locals in Stitches(6/9/2007) The Indonesian-language BisnisBali reports that around 70% of the companies involved in Bali's off-the-rack garment trade have ceased operations in the aftermath of the...
Sun, 10 Jun 2007
Spending Less and Leaving Sooner
New Figures Confirm that the Length of Stay in Bali is Less than 4 Days.Bali News: Spending Less and Leaving Sooner(6/9/2007) Tempo Interaktif reports that length of stay (LOS) and average spending levels are on the decline for foreign visitors to Bali.
Sun, 10 Jun 2007
Siambalo to develop jatropha plantations
JAKARTA: PT Siambalo is developing a jatropha plantation on one-million hectares of plantation land in North Sumatra at a cost of Rp 44 trillion (US$1.5 billion).The company's president director, Ravavi Wilson, said Friday that the jatropha plantations, located in Samosir, Tanah Karo and Deli...
Fri, 08 Jun 2007
Temasek denies monopolistic practices in Indonesia's mobile phone sector
JAKARTA(AP): Singapore's state-owned investmentcompany, Temasek Holdings, denied Thursday it was involved in monopolistic practices in Indonesia's telecommunications industry.It also said it was "disappointed" Indonesia's competition watchdog, known as the KPPU, was intensifying an investigation...
Fri, 08 Jun 2007
NZ exploring investment possibilities in E Kalimantan
Samarinda, E Kalimantan (ANTARA News) - New Zealand is looking into the possibility of investing in East Kalimantan`s eco-tourism and micro hydro power plants."There are two things in East Kalimantan in which we may be interested to make an investment, namely eco-tourism and micro hydro power...
Fri, 08 Jun 2007
US$8.5 billion foreign funds enter Indonesia in past five months
Jakarta (ANTARA News) - Foreign funds totaling US$8.5 billion have entered Indonesia in the last five months from January through May 2007, a Bank Indonesia official said here on Thursday."The funds consist of US$3.96 billion in state bonds (SUN), US$3.
Thu, 07 Jun 2007
Very slow growth in number of Indonesia tax payers, official
Originally Posted By: KuKuKaChu[size:14pt]He said the slowness in the increase in the number of individual tax payers was due to the fact that the directorate general of taxes had not yet provided maximum service to the people while the people`s desire to pay taxes was still low.
Thu, 07 Jun 2007
Very slow growth in number of Indonesia tax payers, official
Jakarta (ANTARA News) - The number of individual tax payers in Indonesia increased by only 200,000 to 300,000 a year during the past five years, the country`s top tax official said."In addition, only about 33 percent to 34 percent of them pay their taxes regularly," Darmin Nasution, director...
Thu, 07 Jun 2007
President confident investment climate in Indonesia will ameliorate
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono was confident that the investment climate in Indonesia would ameliorate as the government has worked hard to improve its services to foreign investors who wished to sink their capital in the country.
Thu, 07 Jun 2007
Government Prepares CPO Export Duty Increase
TEMPO Interactive, Jakarta: The government will monitor the development of cooking oil price before increasing the export duty on crude palm oil (CPO) export duty.CPO and cooking oil producers are regarded as not yet having been optimum in terms of market operations.
Wed, 06 Jun 2007
Ramos-Horta out to bring RI money to Timor Leste
Visiting Timor Leste President Jose Ramos-Horta promised improvements in his country's security situation, and held out the prospect of a simplified tax system to help woo Indonesian investors back to their old stomping ground.
Wed, 06 Jun 2007
RI's shipbuilding industry set for fair weather
The shipbuilding industry is recovering from a two-year-long downturn as shipbuilders benefit from an influx of both domestic and overseas orders."The industry is expected to grow by 9.5 percent this year and surpass 10 percent next year as shipbuilders have received major orders from both local...
Wed, 06 Jun 2007
Foreign Investors Eye Low-Cost Apartments
Originally Posted By: doremiNormally on this situation, what kind of corporate structure require to complete this project? a 100% foreign-owned PMA company would be possible for such a project. However, the construction company would either need to be 100% indonesian, or a PMA construction...