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Fri, 12 Jun 2009
Indonesia's Yudhoyono on course for re-election
Formal campaigning for Indonesia's July 8 presidential election began yesterday with incumbent Susilo Bambang Yudhoyono seemingly on track for victory thanks to the country's robust economy, his clean image and the lack of a credible challenger.
Fri, 12 Jun 2009
Dispute over SEZ study
The government's plan to scrap an enclave concept within the special economic zones (SEZs) is opposed by lawmakers as badly designed and impractical.Lawmakers said Thursday their study on industrial and residential zoning in several areas in the country, particularly Batam Island, revealed poor...
Fri, 12 Jun 2009
Singapore Asked to Join in Combating Smuggling
TEMPO Interactive, Jakarta:Customs and Excises director-general Anwar Suprijadi said his office had asked Singapore to fight the smuggling of goods into Indonesia. Most goods smuggled to Indonesia come from Singapore. “Many kinds of products are smuggled in,” Anwar said in Jakarta yesterday.
Fri, 12 Jun 2009
South Sumatera Speeds Up International harbour Construction
TEMPO Interactive, Palembang: The South Sumatera Government will speed up construction of the international harbour Tanjung Api-Api. The harbour is a strategic entry point for commodities in South Sumatera.
Fri, 12 Jun 2009
Chinese Investors Explore Potential of Ferruginous Sand in Lumajang
Ferruginous Sand in Lumajang. Try inserting that into your next conversation. I dare you.
Thu, 11 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
It does speak volumes. Billiton got its name from Billiton island off Sumatra, since renamed Belitung. Known for tin mining, those wanker brothers Yusril and 'ron (who got voted out of the House hahahahaha), its northern beaches (owned by Tommy and a bunch of Suharto cronies) and Laskar Pelangi, a...
Thu, 11 Jun 2009
Bojonegara International Port Soon to be Operational
TEMPO Interactive, Serang:Bojonegara Trade Industrial Area and Port Project (KIPP) leader, Mulyadi announced that the Bojonegara International Port (PIB) will soon be operational.According to Mulyadi, his office has requested a special permit to the Transportation Department.
Thu, 11 Jun 2009
Basofi Calls For No Malls in Madura
sounds like a business opportunity in madura. if the bureaucrats say don't do it, means it must be prospective!
Thu, 11 Jun 2009
Basofi Calls For No Malls in Madura
TEMPO Interactive, Surabaya:East Java’s former governor Basofi Sudirman has requested that no shopping centers be constructed in Madura Island after the launch of the Suramadu Bridge.“Malls would put traditional markets out of business,” Basofi said, attending the declaration of the East Java...
Thu, 11 Jun 2009
Moody's raises outlook on Indonesia's sov ratings
HONG KONG, June 11 (Reuters) - Moody's changed its outlook on Indonesia's sovereign rating to 'positive' from 'stable' on Thursday, citing the country's 'strong' growth prospects given its reliance on domestic demand and its 'effective' economic policies.
Thu, 11 Jun 2009
Indonesia bridge marks rare infrastructure progress
BANGKALAN, Indonesia (Reuters) - Indonesia officially opened on Wednesday its longest bridge, one of the few major infrastructure projects to be completed in Southeast Asia's biggest economy since the crisis of the late 1990s.
Wed, 10 Jun 2009
Chinese Investors Explore Potential of Ferruginous Sand in Lumajang
TEMPO Interactive, Lumajang:Chinese investors, represented by PT Indo Modern Mining, based in Jember, have almost completed exploring ferruginous sand in an 8.000-hectare area in the Yosowilangun and Kunir sub districts of Lumajang.
Wed, 10 Jun 2009
Utilization of renewable energy in RI long way off
Erwida Maulia, The Jakarta Post, Jakarta Despite its huge potential in renewable energy sources, Indonesia has so far only utilized a very small part of them, with high costs and uncertainty over feasibility among the main problems facing the nascent industry.Verina J.
Wed, 10 Jun 2009
Govt urged to improve transparency
Executives in the property sector have called on the government to improve market openness and legal certainty to allow greater foreign investments in the sector.Alastair Hughes, CEO of international property consultancy Jones Lang LaSalle for Asia Pacific, said greater transparency was "the...
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
Quoting: Balibobken,.. I think you should come back here and teach these so called journalists a thing or two,.. I know U have tried in the past
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
ken,.. I think you should come back here and teach these so called journalists a thing or two,.. I know U have tried in the past but this time bring a big stickcheers for the update
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
Quoting: BalibobI think someone got the biz news very wrong in terms of coal out put and reserves,.. shit our friends at bakrie mined 47 million ton of coal lasy year alone in Indonesia so to have a reseve of 5.4 mill as per the biz news,..
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
I think someone got the biz news very wrong in terms of coal out put and reserves,.. shit our friends at bakrie mined 47 million ton of coal lasy year alone in Indonesia so to have a reseve of 5.4 mill as per the biz news,..
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
Quoting: kenyeungWhat about BHP's long-proposed nickel mine on Gag Island off Papua?Answering my own question, BHP abandoned the Gag nickel project last year.BHP Billiton Ends Study Into Integrated Nickel Development In Eastern IndonesiaBHP Press Release13 November 2008BHP Billiton has decided to...
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
There are rumours that Chewwy PLC has made a hostile bid for PT. Sosro.
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
Quoting: biznewsAnglo-Australian miner BHP Billiton will pull out of most of its remaining investments in Indonesia, ending its 25-year local presence in mining, transport and in other fields, the company announced on Tuesday.
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
There are also Rumours that Rio Tinto will start slowing down operations in Indonesia
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
yes, not many people here will get it, but it is a massive vote of no confidence in the system here, coming from the largest mining company in the world.
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
wow -- that's big news and speaks volumes
Wed, 10 Jun 2009
E. Java to develop seven industrial sectors in Madura
The East Java Capital Investment Board (BPM) plans to develop seven industrial sectors on Madura Island when the Suramadu bridge, which will connect it to Surabaya, is opened on June 10, The Jakarta Post reported."We see good prospects for the seven sectors.
Wed, 10 Jun 2009
The world's top 15 listed palm oil planters
KUALA LUMPUR, June 9 (Reuters) - Following are the 15largest listed palm planters, ranked by market value. They aremostly located in Indonesia and Malaysia, the top two producersof the vegetable oil.Total plantation holdings are in hectares and include bothcultivated and uncultivated land as well...
Wed, 10 Jun 2009
BHP Billiton to Terminate 25-Year Presence in Indonesia
Anglo-Australian miner BHP Billiton will pull out of most of its remaining investments in Indonesia, ending its 25-year local presence in mining, transport and in other fields, the company announced on Tuesday.Company officials said Indonesian projects were no longer strategic to BHP’s future.
Wed, 10 Jun 2009
Bali booze drought threatens tourism
TOURISTS in Bali may find it harder to find a stiff drink after authorities confiscated thousands of bottles of liquor from some of the holiday island's top hotels, restaurants and bars.Customs officials have seized the booze, from high-end establishments in popular tourist areas like Kuta and Nusa...
Tue, 09 Jun 2009
Palm oil firm plans 3 more processing plants and refinery
Publicly listed palm oil firm PT Sinar Mas Agro Resources and Technology (SMART) will spend Rp 920b (US$92m) in capital expenditure this year.Smart director Jimmy Pramono said after a shareholders' meeting on Monday that the company was planning to build three new processing plants this year with a...
Tue, 09 Jun 2009
Q2, Q3 economy to see more consumption and investment
Aditya Suharmoko, The Jakarta Post, JakartaIndonesia’s economy in the next six months will be supported by strong consumption and more investment, acting Coordinating Minister for the Economy Sri Mulyani Indrawati says.
Tue, 09 Jun 2009
RI infrastructure still lagging: Survey
Infrastructure in Indonesia remains a crucial problem hampering growth, the government admitted recently in response to an assessment conducted by the Swiss-based International Institute for Management Development (IMD).
Tue, 09 Jun 2009
Investment to recover in 2Q, 3Q: Minister
Aditya Suharmoko, The Jakarta Post, JakartaInvestment is estimated to recover in the second and third quarters of this year, as indicated by the recent increases in capital inflows, Finance Minister Sri Mulyani Indrawati said Monday."Investment, which in the first quarter only rose 3.
Tue, 09 Jun 2009
The tale of the `Emerald of the Equator'
Magda Safrina , Massachusetts Indonesia, the "Emerald of the Equator". That's the latest Indonesian tourism campaign, launched early in 2009. The tale of the land of Gods and Goddesses; the tale of islands with singing coconut trees; or the tale of sailors in the Phinisi - these are...
Tue, 09 Jun 2009
Ministries Square Off Over Meat Shipments
From The Jakarta GlobeAgriculture Ministry Finally Releases Imported Meat Held at Portby Dian AriffahmiThe Agriculture Ministry on Monday instructed quarantine officials to release more than 100 containers of imported meat that had been held at the Tanjung Priok port for nearly three weeks,...
Tue, 09 Jun 2009
International Label on Hospital Should be Based on Investment
TEMPO Interactive, Jakarta:The Health Department has determined that the label international on hospitals must be based on the value of foreign investment in the hospital concerned. The Health Department’s Medical Services Management Directorate General secretary, Mulya Hasmi, said hospitals...
Mon, 08 Jun 2009
Govt Chewing Over Food Plantation Rule
The Ministry of Agriculture plans to change land use and limit foreign ownership in a new regulation on staple food production outside the island of Java, a senior ministry official said.Sutarto Alimoeso, the ministry’s director general of food crops, said the revisions - necessary to reduce the...
Mon, 08 Jun 2009
Bali BYOB
Bali's Lawmakers and Businessmen React Strongly to Customs and Excise Raids as Island Runs Short of Grog.(6/7/2009) Sweeping raids conducted by Customs and Excise officials (Bea Cukai) against Bali hotels and restaurants are being roundly criticized as heavy-handed and misguided by tourism...
Mon, 08 Jun 2009
Global Recession be Damned! Bali Arrivals are Growing
Bali by the Numbers: Arrival Numbers Grow as Australia Displaces Japan as Bali's Top Source Market for Foreign Visitors.(6/6/2009) Foreign tourist arrival to Bali in April 2009 totaled 179,879 representing the best April on record for Bali tourism and 21.94% improvement over April 2008 (147,515).
Mon, 08 Jun 2009
China to hold business seminars in Indonesia
Delegates from China Secretariat for ASEAN Expo (CAEXPO) will hold a series of seminar in Indonesia aims at luring local companies to participate in the upcoming trade and industrial exhibition in Nanning, China.Kompas.
Sun, 07 Jun 2009
Ministries Square Off Over Meat Shipments
Quoting: KuKuKaChuMinister Keeps the Freeze on Port Beefby Dian AriffahmiWith the presidential election and the end of his term looming, Agriculture Minister Anton Apriyanto seems to believe that he alone has the right to decide what meat is halal and what meat isn’t, no matter what the...
Sat, 06 Jun 2009
Ministries Square Off Over Meat Shipments
Minister Keeps the Freeze on Port Beefby Dian AriffahmiWith the presidential election and the end of his term looming, Agriculture Minister Anton Apriyanto seems to believe that he alone has the right to decide what meat is halal and what meat isn’t, no matter what the Indonesian Council of...
Sat, 06 Jun 2009
Palm Oil Declines on Volatility Fears
Singapore. Palm oil futures in Malaysia fell a fourth day on speculation that prices may be volatile over the next few years as fertilizer costs affect planters.“Fertilizer prices could be the next major indirect determinant of crude palm oil prices,” said Hoe Lee Leng of RHB Research Institute...
Sat, 06 Jun 2009
No furniture recovery yet
The Jakarta Post , Jakarta Players in the furniture and crafts industry still see gloomy prospects for the coming months as signals on possible recovery still remain over the horizon, an association says.
Sat, 06 Jun 2009
Carrefour Workers In Yogyakarta Continue Strike
TEMPO Interactive, Jakarta: Workers at French retailer Carrefour in Yogyakarta continue their strike for a second day on Saturday (6/6) to demand better pay rise. Over 100 worker join the strike on Saturday affecting the retailer operation for two days since Friday.
Fri, 05 Jun 2009
Ministries Square Off Over Meat Shipments
Classic RI. The right hand not knowing a dicky bird what the left is doing.
Fri, 05 Jun 2009
Ministries Square Off Over Meat Shipments
readers may find it useful to know that the Indonesian for "moron" is pandir.strangely, nay, amazingly, it's not a word used often by Indonesians.
Fri, 05 Jun 2009
RI regrets Minesotta`s decision to ban palmoil-based biodiesel
Jakartan (ANTARA News) - The Indonesian government regrets the decision of the US State of Minnesota to ban the use of biodiesel made of palmoil as of June 1, 2009 for environmental reasons, a minister said.
Fri, 05 Jun 2009
Ministries Square Off Over Meat Shipments
In what is fast becoming a “Tale of Two Letters,” 200 containers of beef are still impounded at Tanjung Priok port despite an order from the Coordinating Ministry for the Economy demanding their release.
Fri, 05 Jun 2009
Administration to take over abandoned, mismanaged lands
A council tasked with taking care of special economic zone affairs in Batam, Bintan and Karimun will take over plots of abandoned land that belong to companies affiliated with former president Soeharto.