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, 31 Jul 2007
Indonesia to provide phone links to all villages by end 2008
Jakarta (ANTARA News) - The Indonesian government wants to provide telephone links to all villages in the sprawling nation by the end of 2008, Communications Minister Muhammad Nuh said Tuesday.A total of some 38,000 villages -- more than half of Indonesia's 70,000 -- were still without phone links,...
Tue, 31 Jul 2007
Local Telecommunication and Informatics Equipment Not Top-Level
TEMPO Interactive, Jakarta: The high level of dependency on imported telecommunication and informatics equipment is because local products have not yet met the required quality.Head of the Indonesian Cellular Telephone Association, Johnny Swandi Sjam, said that domestic industry can only provide...
Tue, 31 Jul 2007
Indonesia Sees Slower Palm Oil Expansion from 2010
MEDAN, Indonesia - Indonesia expects palm oil output to grow sharply in the next two years but stricter forest protection may then slow expansion, a senior industry official said on Monday.Indonesia is set to take over from Malaysia as the world's top palm oil producer this year because of rapid...
Tue, 31 Jul 2007
Transactions value at real estate expo reaches Rp9 billion
Medan, N Sumatra (ANTARA News) - Transactions made at the Real Estate Indonesia (REI) Expo which ran for six days here reached a total value of Rp9 billion and transactions expected to be concluded after the event Rp20 billion, a spokesperson said.
Mon, 30 Jul 2007
Commonwealth Close to Sealing Bank Buy
The Commonwealth Bank of Australia (CBA) is close to completing its acquisition of a 95% stake in Surabaya-based Bank Arta Niaga Kencana, the founder of the Indonesian bank Harry Wijaya said Wednesday (25/7/07), according to Dow Jones Newswires.
Mon, 30 Jul 2007
Pawn Shop to Launch $67m Bonds Issue
State-owned pawn shop operator PT Perum Pegadaian said it plans to issue 10-year bonds worth Rp600 billion ($66.6 million) to strengthen its working capital.The fixed-and/or floating-rate bonds will be divided into series-A bonds worth Rp400 billion and series-B bonds worth Rp200 billion, the...
Mon, 30 Jul 2007
Govt. Sells Bali Hotel to Singapore Firm
State asset management firm PT PPA sold the luxury Bali Nirwana hotel in Bali for Rp510.8 billion ($55.97 million) to Singapore's E-Crisps Trading Ltd, PPA said on Thursday (26/7/07), according to Reuters.
Mon, 30 Jul 2007
Asian Agri to Build Crude Palm Oil Factories
PT Asian Agri plans to invest Rp1.3 trillion ($142.9 million) to build crude palm oil factories to increase its production by up to 10%, The Investor Daily reported on Thursday (26/7/07).The daily quoted Semion Tarigan, director of one of its units, PT Inti Indosawit, as saying the firm plans to...
Mon, 30 Jul 2007
Confidence in Economy Up – BI Survey
Recent improvements in Indonesia's macroeconomic indicators are improving confidence in the economy as a whole, with the central bank's latest survey showing estimates of higher growth built on more investment and a continued increase in bank lending for the year.
Mon, 30 Jul 2007
Java and Sumatra targeted for mandatory biofuel use
To encourage the use of environmentally friendly fuel, the government is considering a regulation that will make the use of biofuel mandatory, particularly in Java and Sumatra, an official said Saturday.Evita H.
Mon, 30 Jul 2007
Kadin expects electronics exports to double by 2010
As one of the top industries that have the potential to push Indonesia's economic growth above 7 percent, the electronics industry should be able to double exports to US$15 billion by 2010, the Indonesian Chamber of Commerce and Industry (Kadin) has said.
Sat, 28 Jul 2007
BRI voted country's best bank due to its role in local banking
PT Bank Rakyat Indonesia (BRI) and four other Indonesian financial institutions have been voted the best financial institutions in the country in the latest evaluation by Alpha South East Asia, an investment magazine based in Hong Kong.
Sat, 28 Jul 2007
Greater Jakarta sees rise in office space, but slide in sales
Despite an increase in supply, Greater Jakarta witnessed a slide in sales of office space during the second quarter of the year compared to the January-March period.In the second quarter, as reported Friday by property developer and consultant Coldwell Banker Commercial Indonesia, the supply of...
Fri, 27 Jul 2007
Korean deals may come to nothing: Kadin
The Indonesian Chamber of Commerce and Industry (Kadin) has hailed the US$8.6 billion in deals sealed during President Susilo Bambang Yudhoyono's visit to South Korea as a breakthrough in Indonesia's economic relations with the north Asian country.
Fri, 27 Jul 2007
Australian, Indonesia agree to free trade feasibility study
Denpasar (ANTARA News) - Australia and Indonesia have agreed to launch a feasibility study on a free trade pact, their leaders said Friday after meeting on the Indonesian resort island of Bali.Australian Prime Minister John Howard held talks with Indonesia's President Susilo Bambang Yudhoyono for...
Fri, 27 Jul 2007
Rupiah`s fall not caused by decreased confidence in Indonesia`s economy
Jakarta (ANTARA News) - Bank Indonesia (BI) Senior Deputy Governor Miranda S Goeltom said Friday the rupiah`s current weakening was not caused by decreased confidence in the Indonesian economy."Almost all other currencies are weakening," she said in a discussion here.
Fri, 27 Jul 2007
UAE to invest $600 mln in Lombok tourism sector
Jakarta (ANTARA News) - Emaar, a United Arab Emirates (UAE) company, is ready to invest US$600 million to open a tourist resort on 1,175 ha of land in Lombok island in West Nusatenggara province, an Indonesian tourism official said here Thursday.
Thu, 26 Jul 2007
Quick action needed to head off SEZ competition
Quote:These included overlapping permits and regulations issued by the local and central governments, inadequate infrastructure in Bintan and Karimun, bureaucratic delays, lack of security, rampant piracy, harassment by officials, land-rights issues, lack of business incentives and labor...
Thu, 26 Jul 2007
Quick action needed to head off SEZ competition
As the problems hampering the development of special economic zones (SEZs) in Indonesia remain unresolved, speakers at a discussion forum have urged the government to act quickly as the establishment of similar zones in neighboring countries was proceeding apace.
Thu, 26 Jul 2007
Investors need clear legal rules, confidence in RI: S`pore`s ex-PM
Jakarta (ANTARA News) - Former Singaporean prime minister Lee Kuan Yew said what Indonesia needed to do to increae investment was to issue clear legal rules and cultivate investors` confidence."What investors need in Indonesia is legal certainty for agreements that have been concluded," Lee said at...
Wed, 25 Jul 2007
Medco Collaborates with Korea Hydro
TEMPO Interactive, Jakarta: PT Medco Energi International Tbk. will collaborate with Korea Hydro and Nuclear Power Co. Ltd for the construction of a nuclear-powered electricity generating plant (PLTN) project.
Wed, 25 Jul 2007
Jakarta to tighten bureaucratic spending
Published: July 24 2007 13:36 | Last updated: July 24 2007 13:36Indonesia intends to slash its 2008 budget for the government bureaucracy by 28 per cent, or $4.1bn, and steer the savings to regional infrastructure development programmes in a bid to meet ambitious growth and poverty alleviation...
Wed, 25 Jul 2007
RI, S. Korea pursue more robust trade relations
Indonesia and South Korea agreed Tuesday to further deepen and widen the scope of bilateral economic relations, setting themselves the concrete target of doubling the volume of two-way trade and investment over the next five years.
Wed, 25 Jul 2007
Business group is pinning high hopes on textile-sector growth
Andi Haswidi, The Jakarta Post, JakartaDefying skepticism over the future of the textile industry, the Indonesian Chamber of Commerce and Industry (Kadin) has identified it as being among the main engines that will help drive the economy as part of its 2030 vision and road map for industrial...
Wed, 25 Jul 2007
Govt hopes tax breaks will boost research
The government will appoint an independent committee to formulate guidelines for the implementation of a new regulation offering tax and customs incentives, as well as technical assistance, to businesses that invest in research and development (R&D).
Wed, 25 Jul 2007
Indonesia and South Korea to sign huge energy deals
Seoul (ANTARA News) - Indonesian President Susilo Bambang Yudhoyono was to hold a summit with his South Korean counterpart Roh Moo-Hyun Tuesday, on the first full day of a visit expected to seal huge energy deals.
Wed, 25 Jul 2007
Sweden invests Rp1.3 trln in Indonesian biofuel sector
Jakarta (ANTARA News) - Sweden Bio Energy will invest Rp1.3 trillion in biofuel development in Indonesia by opening a jatropha curcas plantation on 100,000 ha land in East Nusatenggara (NTT) province in the near future, an official has said.
Wed, 25 Jul 2007
Agriculture Ministry proposing PPN exemption on CPO
Jakarta (ANTARA News) - Agriculture Minister Anto Apriyanto said here on Tuesday he had proposed a value-added tax (PPN) exemption on crude palm oil industries for the development of the commodity in its downstream sector.
Wed, 25 Jul 2007
Oil palm firms urged not to burn forests to clear land
Muara Teweh, C Kalimantan (ANTARA News) - Central Kalimantan Governor Agustin Teras Narang called on palm oil companies in North Barito (Barut) district not to burn forests in opening up land.In opening up land for the cultivation of oil palm , investors should work based on a planned and...
Wed, 25 Jul 2007
Samudra Indonesia to build Rp375 billion container terminal
Jakarta (ANTARA News) - Publicly listed PT Samudera Indonesia will build a container terminal worth Rp375 billion at Samarinda port, East Kalimantan, PT Samudera Indonesia`s Corporate Secretary Diana P Iskandar said here on Tuesday.
Wed, 25 Jul 2007
XL posts Rp3.7 T in gross profit
Surabaya, E Java (ANTARA News) - Publicly-listed cellular phone operator PT Excelcomindo Pratama Tbk (XL) said on Tuesday its gross income in the first half of 2007 rose 28 percent to Rp3.7 trillion from the same period last year on its successful service programs offered to subscribers.
Wed, 25 Jul 2007
Govt to ease regulations on biofuel export
Jakarta (ANTARA News) - The Engery and Mineral Resources Ministry (ESDM) will ease regulations on bio-feul export by automatically allowing export of the commdity if the exporter concerned has not received a response to his/her application for a ministry recommendation within 10 days after...
Wed, 25 Jul 2007
Government asks cellular operators to disclose their cost structures
Jakarta (ANTARA News) - Communications and Information Minister Muhammad Nuh has called on cellular operators to disclose their cost strutures so that the government can see whether or not it is possible to lower their service rates.
Wed, 25 Jul 2007
Indonesia one of top five visitor generating markets for Singapore
Singapore (ANTARA News) - Singapore's tourism industry hit record highs in the first half of this year, welcoming 4.9 million visitors and achieving an estimated 6.4 billion Singapore dollars (4.2 billion US dollars) in tourism receipts, the tourism board said on Tuesday.
Wed, 25 Jul 2007
Government Reduces Palm Oil Bio-fuel
TEMPO Interactive, Jakarta: The government will reduce the development of bio-fuel from palm oil. The reduction was due to the crude palm oil (CPO) price hike. “We will try that bio-fuel development is not only focused on palm oil,” said Energy and Mineral Resources Minister, Purnomo...
Tue, 24 Jul 2007
Indonesia Ten Years after the Crisis
July 16, 2007––Ten years after the Asian economic crisis, things have dramatically changed in Indonesia. A comprehensive public expenditure review, jointly prepared by the World Bank and the Government of Indonesia with grant support from the Netherlands Government, says the drastic reduction...
Tue, 24 Jul 2007
More foreign firms interested in developing biofuel sector
More overseas firms are showing interest in developing the bioenergy sector here, with a British oil giant and a Swedish energy firm being the latest to join the list, bringing investment commitments in the sector to Rp 160 trillion (US$17.7 billion).
Tue, 24 Jul 2007
RI told to promote technology innovation
Realizing the need for emissions cuts to help stop the phenomena of climate change and global warming, Siemens AG, a top global producer of electronics, machinery and appliances, is asking Indonesia to cooperate in developing environmentally friendly technology.
Tue, 24 Jul 2007
Office property beings to sparkle
The office property sector in Jakarta is set for high growth as a number of new towers come on stream by the end of 2009, a property consultant says."Twenty-seven new office buildings, providing some one million square meters of space, are under construction this year, and are expected to be...
Tue, 24 Jul 2007
Biofuel expedition from Jakarta to Manado Launched
Jakarta (ANTARA News) - The Biofuel (BBN) development national team launched an expedition of 18 cars running on biofuel from Manado in North Sulawesi, to Jakarta.Energy and Mineral Resources Minister Purnomo Yusgiantoro saw off the expedition here on Monday in the presence of the Agency for...
Tue, 24 Jul 2007
Indonesia risks going green
JAKARTA - Indonesia is now formally on the vanguard of the global green energy movement. A new energy law approved last week aims to reduce significantly the economy's dependence on imported refined oil while boosting the use of other energy sources, including natural gas, biofuels and geothermal...
Mon, 23 Jul 2007
Budi Santosa and Australian Cattle
By 2010 there'll be an annual national shortfall of six million cattle and the unmet demand will cause domestic meat prices to rise, according to research conducted by Budi Santosa."Every year the consumption of beef almost doubles," he said.
Mon, 23 Jul 2007
Astra Agro H1 Net Up 65%
Palm oil producer PT Astra Agro Lestari said Monday (16/7/07) its first-half net profit rose 65% on year due to an increase in revenue from higher commodity prices, Dow Jones Newswires reported. Agro said in a statement that its net profit for January-June rose to Rp682.5 billion from Rp414.
Mon, 23 Jul 2007
Car Sales Seen Back to Record Levels
Car and truck sales are on track to return to record levels of more than half million units next year, powered by a recovery in the economy, the Indonesian Automotive Industry Association (Gaikindo) said.
Mon, 23 Jul 2007
CNOOC Leads $5.5 bn Biofuel Project
China National Offshore Oil Corp (CNOOC) is taking a controlling stake in a $5.5 billion biofuel project, one of the project partners said Thursday (19/7/07), according to Dow Jones Newswires.CNOOC Group, Indonesia’s Sinar Mas Group and Hong Kong Energy (Holdings) Ltd in January signed a letter...
Mon, 23 Jul 2007
TVS hits the streets with Neo, Apache
TVS Motor Company, a leading two-wheel manufacturer in India, is confident the launch of its Neo and Apache motorcycle brands will help the company make a splash in the Indonesian market.TVS Motor chairman Venu Srinivasan said he was upbeat the company's Indonesian unit, TVS Motor Company...
Mon, 23 Jul 2007
Confidence in economy up, says survey
Recent improvements in Indonesia's macroeconomic indicators are bringing about confidence in the economy as a whole, with the central bank's latest survey showing estimates of higher growth built on more investment and a continued increase in bank lending for the year.
Mon, 23 Jul 2007
Emaar to set up residential project in Indonesia
Dubai (ANTARA News) - A spokesman at Dubai-based Emaar Properties, the largest Arab property developer by market value, said that the company is planning to set up a major residential project in the Indonesian island of Lombok.
Mon, 23 Jul 2007
Bali Needs a Cruise Port
Originally Posted By: BaliDiscoverySuch a facility, he argued, would also become a stimulus for opening up the cruise industry's penetration of eastern Indonesia. Is he trying to say we should get more of the Eastern Indonesian gals "on the game" -- a game that is currently dominated by the...
Sat, 21 Jul 2007
Bali Needs a Cruise Port
Cruise Expert Says Bali Cruise Port Would Aid Bali Tourism and Open Eastern Indonesia to a Lucrative Tourism Sector.Bali News: Bali Needs a Cruise Port(7/21/2007) The Chairman of the Indonesian Sea Lovers Foundation (Yayasan Cinta Bahari Indonesia), Raymond T.