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Thu, 04 Jun 2009
Importers Slam Beef Debacle at Tanjung Priok
An estimated 200 containers of frozen beef imported from Australia and New Zealand have been stuck in Tanjung Priok port for nearly two weeks for reasons that nobody appears able to define, frustrated importers have complained.
Thu, 04 Jun 2009
11 foreign investment projects approved in Batam in April
Batam (ANTARA News) - The Investment Coordinating Board (BKPM) in April approved 11 foreign investment proposals worth US$6.55 million in Batam island, an official said.The agency also approved two expansion projects worth US$4.
Thu, 04 Jun 2009
Competitors behind palm oil slurs: industry boss
JAKARTA (Reuters) - Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western business interests, Indonesia's palm oil industry chief said on Wednesday.
Thu, 04 Jun 2009
Forest carbon market already shows cracks
LONDON/NUSA DUA, Indonesia (Reuters) - It could save the rainforests of Borneo, slow climate change and the international community backs it. But a plan to pay tropical countries not to chop down trees risks being discredited by opportunists even before it starts.
Thu, 04 Jun 2009
Foreign Fund Inflows to Continue: Central Bank
Bank Indonesia is optimistic that foreign capital will continue to flow into the country, as foreign investors put their money into domestic stocks and bonds and help the country’s bourse and currency strengthen further.
Thu, 04 Jun 2009
FIABCI calls for foreign ownership of property
FIABCI, the International Real Estate Federation, has thrown its weight behind persistent calls for the government to allow foreign ownership of property in the country, as Indonesia would be an attractive market.
Wed, 03 Jun 2009
Japan offered to invest in Indonesia`s agro industry
Tokyo (ANTARA News) - Indonesian Ambassador to Japan Jusuf Anwar said Indonesia continued to make efforts to lure Japanese investors, particularly in the agro-industrial sector, in order to balance its investment in the electronic and automotive industries.
Wed, 03 Jun 2009
Customs and excise office grants Rp 74b import duty exemption
The customs and excise office has granted Rp 74.86 billion worth requests of import duty exemption as part of the government's policy to ease burden of businesses amid the global financial turmoil."As of June 1, we have received 26 requests," director of customs facility Kusdirman...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: flingwingA political commercial on Metro TV just a few minutes ago had J. Kalla talking about how foreigners had helped build the airports in JKT and Surabaya. However, he said that in his hometown of Makassar, <cut to photo Makassar airport overlaid with text [kira2] "Orang Asing...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
A political commercial on Metro TV just a few minutes ago had J. Kalla talking about how foreigners had helped build the airports in JKT and Surabaya. However, he said that in his hometown of Makassar, <cut to photo Makassar airport overlaid with text [kira2] "Orang Asing tidak Boleh Ikut...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: Derek Gratis...and is thus a sad indictment of our neo colonialist global economy.Uh-uh. It's closer to being a condition statement for the earth. It's a predatory universe we live in. The strong eat the weak.
Tue, 02 Jun 2009
Carrefour Rejected in Purbalingga
TEMPO Interactive, Purbalingga: Purbalingga Regent, Triyono Budi Sasongko, has refused to have the giant retail company Carrefour in Purbalingga.“Carrefour asked for permission to open a branch at a former traditional market site.
Tue, 02 Jun 2009
Businessmen Demand Revision of Free Trade Zone Regulations
TEMPO Interactive, Batam:Bintan’s Indonesian Businessmen Association chairman, Yamin Hidayat, said bureaucracy at the free trade zone/FTZ in Batam, Bintan, and Karimun has hindered economic growth. The regulations, for example, have given additional costs to businessmen due to the slow processing...
Mon, 01 Jun 2009
CPO Producers Say Green Efforts Not Paying Off
It seems that the European preference for green products only goes so far.While many palm oil plantations and farmers are struggling to get certificates proving their palm oil is produced in a sustainable manner, others that have the certificates are complaining that buyers in Europe don’t want...
Mon, 01 Jun 2009
Inconsistent policies keep investors away
The status of Batam, Karimun and Bintan as being among the country’s top investment destinations is under threat as inconsistent regulations are eroding its competitiveness, say businesses.Declining competitiveness has actually been evident for several years and has not been improved by the...
Mon, 01 Jun 2009
Indonesia's LNG industry and upcoming gas projects
JAKARTA, June 1 (Reuters) - Indonesia, the world's third-biggest liquefied natural gas (LNG) exporter, is due to begin delivery from the Tangguh project in Papua in late June, helping offset falling output in other ageing fields.
Mon, 01 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: chewwyUK"We will renegotiate contracts with foreign corporations operating in the country and in the future corporations should not give no benefit to the people or at least must divide their profit equally," he said.
Mon, 01 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
"We will renegotiate contracts with foreign corporations operating in the country and in the future corporations should not give no benefit to the people or at least must divide their profit equally," he said.Well thats one way to ensure that no foreign investment is made in Indonesia.