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Sat, 08 Jul 2006
New bill threatens corruptors with annulment of citizenship
New bill threatens corruptors with annulment of citizenship Jakarta (ANTARA News) - The new bill on citizenship to be approved by the House of Representatives on July 11, 2006, threatens corruptors fleeing to foreign countries with annulment of their Indonesian citizenship if they fail to report to...
Sat, 08 Jul 2006
Latest BPS survey 'difficult'
Latest BPS survey 'difficult'The Jakarta Post, JakartaThe Central Statistics Agency (BPS) is having problems carrying out its 2006 economic survey on private companies."We've found it is difficult to collect data on private companies, especially foreign companies, since their Jakarta offices are...
Fri, 07 Jul 2006
Infrastructure More Interesting Than Fiscal Incentives
Infrastructure More Interesting Than Fiscal IncentivesThursday, 06 July, 2006 | 17:41 WIBTEMPO Interactive, Jakarta: Entrepreneur groups consider that improvement to infrastructures is far more interesting to investors than the granting of fiscal incentives.
Thu, 06 Jul 2006
Rise in Investment During First Half of 2006
Rise in Investment During First Half of 2006Thursday, 06 July, 2006 | 15:19 WIBTEMPO Interactive, Jakarta: According to the Capital Investment Coordinating Board (BKPM), the realization of investment during the first half of this year reached Rp45.24 trillion.This is a rise of 12.
Thu, 06 Jul 2006
Rise in Investment During First Half of 2006
Rise in Investment During First Half of 2006Thursday, 06 July, 2006 | 15:19 WIBTEMPO Interactive, Jakarta: According to the Capital Investment Coordinating Board (BKPM), the realization of investment during the first half of this year reached Rp45.24 trillion.This is a rise of 12.
Thu, 06 Jul 2006
Govt hopes hard sell will draw investment
Govt hopes hard sell will draw investmentRendi Akhmad Witular, The Jakarta Post, JakartaThe government is changing its strategy to lure more direct foreign investment by picking up the ball earlier to persuade multinational companies to come here, offering them a number of incentives.
Thu, 06 Jul 2006
Govt urged to provide tax incentives
Govt urged to provide tax incentivesThe Jakarta Post, JakartaThe government needs to include fiscal incentives -- in the form of a tax holiday and tax amnesty -- and simplify its taxation system in the proposed tax laws in a bid to attract foreign direct investments, a former senior minister has...
Thu, 06 Jul 2006
Exporters 'need strategies' to tap into European market
Exporters 'need strategies' to tap into European marketThe Jakarta Post, JakartaThe European Union, the world's second largest market, offers huge opportunities but Indonesian exporters have failed to tap this potential because of their inability to meet market requirements.
Thu, 06 Jul 2006
Why is investment in the mining industry stagnant?
Why is investment in the mining industry stagnant?Montty Girianna, JakartaExploration and investment in the mining industry have seen a significant downturn. This has resulted in a considerable decrease in production.
Wed, 05 Jul 2006
Infrastructure conference finally gets go-ahead
Infrastructure conference finally gets go-aheadThe Jakarta Post, JakartaIndonesia is due to hold its twice-delayed 2nd infrastructure conference and exhibition in November in an effort to drum up much needed private-sector investment to bring the country's woefully inadequate infrastructure into...
Wed, 05 Jul 2006
Govt to issue new license for int'l call services
Govt to issue new license for int'l call servicesThe Jakarta Post, JakartaThe government plans to allow another telecommunications company to provide direct international call services in competition with the two existing operators, PT Indosat and PT Telkom Indonesia.
Wed, 05 Jul 2006
Tax breaks for investors
Tax breaks for investorsSahminan, JakartaAs reported in The Jakarta Post on June 9, the government is now considering offering tax breaks for foreign investment in the automotive industry. The policy is obviously intended to help attract foreign direct investment.
Tue, 04 Jul 2006
Indonesia Achieves Highest Export Record Since Independence
Indonesia Achieves Highest Export Record Since IndependenceTuesday, 04 July, 2006 | 12:48 WIBTEMPO Interactive, Jakarta: Indonesia achieved export value amounting to US$8.34 billion in May this year, a 9.79 percent increase over the previous month.
Tue, 04 Jul 2006
Fahmi Proposes Tax Holiday
Fahmi Proposes Tax HolidayTuesday, 04 July, 2006 | 12:45 WIBTEMPO Interactive, Jakarta: Industry Minister Fahmi Idris believes tax holiday incentives (tax exemptions within a certain period) are necessary to be included in the Investment Bill.
Tue, 04 Jul 2006
Government blamed for messy port management
Government blamed for messy port managementRendi Akhmad Witular, The Jakarta Post, JakartaSmall domestic-bound ports that manage international containers are to blame for the massive scale of smuggling in the country and are preventing international ports from providing better services, an...
Tue, 04 Jul 2006
Bio-diesel may reduce oil bills by 10% up to 2010
Bio-diesel may reduce oil bills by 10% up to 2010The Jakarta Post, JakartaThe government is targeting a 10 percent reduction in the country's consumption of oil-based fuels by 2010 from the current level of 41 million kiloliters (kl) by promoting the production and use of bio-diesel.
Mon, 03 Jul 2006
Bio-fuel Factory Construction Plan to be Prepared
Bio-fuel Factory Construction Plan to be PreparedMonday, 03 July, 2006 | 14:25 WIBTEMPO Interactive, Jakarta: Purnomo Yusgiantoro, the Energy and Mineral Resources Minister, has said that the government is preparing an action plan for the construction of bio-fuel factories up to 2010.