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Wed, 06 Jun 2007
Foreign Investors Eye Low-Cost Apartments
Normally on this situation, what kind of corporate structure require to complete this project? With land belonging to the locals; do the foreign companies own the building for a limited time? forever?
Tue, 05 Jun 2007
RI`s non-oil exports drop 3.75 pct
Jakarta (ANTARA News) - Indonesia`s non-oil exports in April reached a total value of US$7.35 billion or down 3.75 percent from the previous month`s figure, the Central Bureau of Statistics (BPS) reports.
Tue, 05 Jun 2007
Monthly exports down for second time this year
The latest trade figures show that Indonesia's monthly exports declined 3.7 percent in April to US$8.85 billion from $9.19 billion a month earlier.The monthly decrease was due mostly to a 3.45 percent decrease in oil and gas exports and a 3.
Tue, 05 Jun 2007
Austrian firms may set up biodiesel businesses here
At least three Austrian companies are investigating the possibility of becoming involved in the "green energy" business here to help boost the development of biodiesel."Energea, BioDiesel International and the Christof Group are discussing the biodiesel business with a number of leading Indonesian...
Tue, 05 Jun 2007
More Geothermal Plants Planned
To help ease the threats of power shortages in remote areas, state electricity firm PT PLN plans to build 30 power plants which will be powered by coal or geothermal. The plants are planned for outside Java with an estimated total capacity to reach 1,852 MW by 2010.
Tue, 05 Jun 2007
Astra Sees H1 Vehicle Sales at 180,000 Units
PT Astra International sees total domestic vehicle sales at 180,000 units in the first half of 2007, company director Johnny Darmawan said on Tuesday (29/5/07).The company had said that total domestic vehicle sales may top 400,000 units this year, recovering from a slowdown in 2006 when the market...
Tue, 05 Jun 2007
Unilever to Boost Capacity
After a year in which it put on 19% improved net profit, PT Unilever Indonesia will spend around Rp500 million this year on increasing production capacity, The Jakarta Post reported.Unilever Indonesia booked a net profit of Rp1.72 trillion ($194.68 million) in 2006, up from Rp1.44trillion in 2005.
Tue, 05 Jun 2007
Telkom May Spend $2b on Expansion
PT Telkom may spend as much as $2 billion this year to expand its networks and fend off competition, its president commissioner Tanri Abeng said.The state company expects sales to rise more than 20% in 2007 with the addition of millions of users to its mobile network, Abeng said Monday (28/5/07) in...
Tue, 05 Jun 2007
Govt. to Restrict Expansion of Hypermarkets
Trade Minister Mari Pangestu said the government will issue a regulation restricting the expansion of hypermarkets to protect small retail traders, Antara reported on Tuesday (29/5/07).Pangestu said her department will issue the regulation.
Tue, 05 Jun 2007
Foreign Investors Eye Low-Cost Apartments
Several foreign investors have shown interest in investing in low-cost apartments for rent, to be built in various regions in Indonesia, Housing Minister Yusuf Asyari said, according to Antara."Several foreign investors have already come to Indonesia, including from Malaysia and the Middle East,...
Mon, 04 Jun 2007
Bill promises taxpayer protection
The House of Representatives and the government promised the bill for general taxation arrangements and procedures, which was agreed to by a special committee last week, would guarantee equality between taxpayers and the tax office.
Mon, 04 Jun 2007
Government Prepares CSR Legal Basis
TEMPO Interactive, Jakarta: The government will create a legal basis for matters related to corporate social responsibility (CRS).According to Social Affairs Minister Bachtiar Chamsyah, there is a large possibility that the legal basis will be prepared this year.
Mon, 04 Jun 2007
Entrepreneurs Push for Fuel Oil Tax to be Abolished
TEMPO Interactive, Jakarta: Industry players hope that the government is serious in responding the proposal to abolish the industry fuel oil value-added tax (VAT) of 10 percent per liter.The proposal for the fuel oil tax abolition was in response to the possibility of fuel oil price hikes in line...
Mon, 04 Jun 2007
Shortage of skilled workers hits oil and gas companies
clearly the problem is not that they can't find them but there are many issues that stand in the way of finding these people. Some that spring to mind include:1. BP Migas who always slow down any recruitment process2.
Mon, 04 Jun 2007
Shortage of skilled workers hits oil and gas companies
Originally Posted By: Dilli"A participant from a human resources consulting firm said despite searching, the firm could not find "the perfect candidates" to work on the Natuna D-Alpha gas block in the Natuna Sea"Whats the money like? clearly less than perfect ...
Mon, 04 Jun 2007
Shortage of skilled workers hits oil and gas companies
"A participant from a human resources consulting firm said despite searching, the firm could not find "the perfect candidates" to work on the Natuna D-Alpha gas block in the Natuna Sea"Whats the money like?
Sun, 03 Jun 2007
Nusa Dua Reporting Record Occupancies
Improved Business at BTDC Attributed to Increase in Meetings and Conferences in Bali.Bali News: Nusa Dua Reporting Record Occupancies(6/2/2007) The Indonesian-language BisnisBali reports that meeting and conference bookings to Bali are the cause of record occupancy levels in the hotels found within...
Sun, 03 Jun 2007
Plastics industry seeks government support against imported products
More than a decade after its heyday, the plastics industry is struggling to survive as it deals with a decline in raw materials and a lack of government support, the Indonesian Olefin and Plastic Industry Association (Inaplas) said Wednesday.
Sun, 03 Jun 2007
New Economic Policy Package Being Prepared
TEMPO Interactive, Jakarta: The government will cut the time it takes to issue a business license to 30 days from the previous 197 days.This decision is one of the policies included in a new economic package that will be launched in a few days’ time.
Sun, 03 Jun 2007
On holydays
I love holidays. But I never like the way the Government (here and elsewhere) assigns national holidays. The Coordinating Minister of Social Welfare just announced the national holidays and joint leave ('cuti bersama') days schedule for 2008. The total number of days is 23.
Sun, 03 Jun 2007
Shortage of skilled workers hits oil and gas companies
Local oil and gas companies have begun to suffer from a shortage of skilled workers because many local professionals prefer to work overseas, an oil drilling executive says."The shortage of professionals in the oil and gas industry is getting worse, as most of the existing companies need more...
Sun, 03 Jun 2007
RNI develops jatropha estates to meet fuel needs
PT Rajawali Nusantara Indonesia (RNI) is developing jatropha plantations to meet its fuel needs of about 16 million liters a year, the company's senior director says.RNI is a holding company of state enterprises engaged in plantations and the pharmaceutical industry.Noegroho D.
Sun, 03 Jun 2007
Podomoro plans apartment tower aimed at South Jakarta women
With high-rise residences popping up all over Jakarta, Agung Podomoro Group, one of the country's major property developers, will soon start the construction of its 17th apartment building in Tebet, South Jakarta.The Lavande, as it is called, will be the first apartment building on Jl. Supomo.
Sat, 02 Jun 2007
Draft regulation on negative investment list on final stage: Minister
Jakarta (ANTARA News) - Chief Economic Minister Boediono said that the Negative Investment List (DNI) now being drafted by the government had reached the final stage."The draft presidential regulation on DNI is now in the final stage.
Sat, 02 Jun 2007
Price of pertamax up again
Jakarta (ANTARA News) - State oil and gas company Pertamina has further raised the prices of its Pertamax, Pertamax Plus, Pertamax DEX and Bio Pertamax as of June 1 at zero hours local time, following the global oil price hike last month.