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.)
Mon, 31 Aug 2009
No Indonesian islands sold: Maritime Affairs and Fisheries Ministry
The Indonesian public was shocked at news that three islands in Mentawai, West Sumatra, were sold online via a Canadian website, for prices ranging between US$1.6 million and $8 million. The islands sold were reportedly Makaroni, Siloinak and Kandui Islands.
Mon, 31 Aug 2009
Riau offers islands to foreign investors
Riau Islands Governor Ismeth Abdullah said on Sunday that his administration is inviting foreign investors to manage islands in the province.“We will conduct the process transparently and according to the law. We want to avoid foreigners from managing the islands secretly,” Ismeth argued.
Sun, 30 Aug 2009
Export of coal raw material should be reduced: official
Kotabaru, S Kalimantan (ANTARA News) - Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finished coal exports, a mining official said.
Sun, 30 Aug 2009
Constant overseas demand for Indonesian hand-made Batik
Cirebon (ANTARA News) - Indonesian hand-made batik easily sells in overseas markets provided its quality and artistic styles meet consumers` requirements and tastes, an industry spokesman said."The overseas market opportunity for Indonesian batik such as in Japan is still prospective so long...
Fri, 28 Aug 2009
Govt to speed up trade safeguard process
Hi, The Industry Ministry has proposed waiving import duties worth more up to Rp 1.68 trillion (about US$167.5 million) to the Finance Ministry so that 13 industries can improve business performance to help boost the economy..banking deals
Fri, 28 Aug 2009
Indonesian islands ‘not for sale’
State Secretary Hatta Radjasa said Thursday that none of Indonesia’s territory was for sale despite a website advertising offers for three islands in the western part of the country.Hatta told reporters at the Presidential Palace that investors might lease or develop resorts on those islands, but...
Fri, 28 Aug 2009
Indonesia fastest growing economy in southeast Asia
Jakarta - Official statistics showed that Indonesia still had the fastest-growing economy in Southeast Asia, with improving prices for the country`s key export commodities and a robust domestic market credited for the good result.
Fri, 28 Aug 2009
RI seeks to increase coal production to bolster revenue
Indonesia expects to increase coal production by up to 20 million tons next year as lawmakers insist that the government must book higher non-tax revenue from the mining sector in 2010.Bambang Setiawan, the director general for coal, minerals, and geothermal at the Energy and Mineral Resources...
Fri, 28 Aug 2009
Govt holds inter-departmental meeting on islands sale issue
Jakarta (ANTARA News) - The government held an inter-departmental meeting in Padang, West Sumatra, on Thursday night to discuss the alleged sale of three islands off the province`s west coast to a foreign party.
Thu, 27 Aug 2009
Indonesia's tin industry
JAKARTA, Aug 27 (Reuters) - Here is some background on the tin industry in Indonesia, the world's top exporter and second-largest producer after China. Indonesia produces nearly 30 percent of the world's refined tin.
Thu, 27 Aug 2009
Three Islands in Mentawai Suspected of Being for Sale
TEMPO Interactive, Padang: The Mentawai Islands Regency Government in West Sumatra is investigating three islands in the region that are suspected of being for sale via the www.privateislandsonline.com website.
Thu, 27 Aug 2009
Indonesia Determined To Become World Oil Palm Reference
JAKARTA, Aug 27 (Bernama) -- Indonesia as the world's biggest oil palm producing country, will strive to become a world oil palm reference, Antara news agency reported.Director of the Oil Palm Research centre (PPKS) Witjaksana Darmosarkoro said here Wednesday that the oil palm estates in Indonesia...
Thu, 27 Aug 2009
Document fee abolition sought to ease export costs
The customs and excise office plans to propose to the Finance Ministry to eliminate a non-tax levy on exports, which is considered to be clogging up the flow of exports. Exporters are also backing this move.
Thu, 27 Aug 2009
Koran Tempo Most Independent Newspaper says Research
TEMPO Interactive, Jakarta: The Koran Tempo newspaper is considered to be a medium with independent autonomy and content as the editorial structure and the ownership system do not include a major stakeholder.
Thu, 27 Aug 2009
S.Korea's POSCO denies $5 bln Indonesian steel plan
JAKARTA (Reuters) - South Korea's POSCO (005490.KS) denied on Wednesday comments by Indonesia's government that it was planning a $5 billion investment in the country, possibly through a venture with its top steel firm.
Thu, 27 Aug 2009
Indonesia Renewable Energy: 1.3 Million New Connections Per Year through 2025
Indonesia can't afford to stop paddling to new shores.It's not all smooth going when it comes to the international renewable energy transition, but commitment is a must. Indonesia is one example of an important country in transition where we're looking at all the positive and negative signals to...
Thu, 27 Aug 2009
Major Palm Oil Forum to Be Held in Yogyakarta Next Year
Indonesia is scheduled to host a major international palm oil conference in Yogyakarta next June.Among topics to be discussed at the meeting are technology used in developing sustainable palm oil production, genetic modification, environmental issues and price trends.
Thu, 27 Aug 2009
Tax refund for overseas tourists planned to boost tourism
Aditya Suharmoko, The Jakarta Post, Jakarta Indonesia plans to introduce a "tax refund" scheme for foreign tourists shopping here as early as next year, as stipulated under the amendment of the existing law on value-added tax and luxury tax, the House of Representatives says.
Thu, 27 Aug 2009
Indonesian Government to Take Stock of Archipelago
After 64 years of independence, the government is planning to count up exactly how many islands there are in the world’s largest archipelagic country .The inventory, which will involve direct visual checks on each island, will see the government register an exact number, complete with names for...
Wed, 26 Aug 2009
New halal bill draws ire from industries
Another piece of useless legislation to further hinder business in the land of rising theocracy.
Wed, 26 Aug 2009
New halal bill draws ire from industries
Three key industries - food and beverages, cosmetics and pharmacy - are bracing for hefty additional costs and to risk losing trillions of rupiah in margins if the nation presses ahead with new halal certification procedures under a new bill, associations say.
Tue, 25 Aug 2009
Indonesia to lift tax revenue
JAKARTA - INDONESIA'S new tax chief said on Monday he would take a tough stance against tax-dodgers in order to raise tax revenues, adding that the largest tax case in Southeast Asia's biggest economy will come to court soon.
Tue, 25 Aug 2009
‘Demand yet to come into full swing in RI’
The Jakarta Post, SINGAPORE Equinix, a global data management centre provider, is expanding its business in Asia due to the rapid growth of information technology.The US-based company has established Singapore as its IT hub for companies in Southeast Asia to connect regionally and globally.
Tue, 25 Aug 2009
Indonesia and Korea Discuss Trade and Investment
TEMPO Interactive, Jakarta: The Indonesian Trade Minister, Mari Elka Pangestu, held a bilateral meeting with Korean Trade Minister, Kim Jong Hoon, to discuss bilateral, regional, and multilateral issues.
Tue, 25 Aug 2009
Bharat Looks to Bulldoze Rivals With Lower Prices
The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bharat Earth Movers, which has set up an operation in Balikpapan, East Kalimantan.Bharat’s total investment, including a basic assembly plant and after-sales service network, is expected to...
Tue, 25 Aug 2009
Chinese investors to pour in $200 million
Funding the future: Industry Minister Fahmi Idris (right) with a delegation from China’s Henan province led by Governor Guo Gengmao at a meeting at the Industry Ministry in Jakarta. Six agreements worth US$200 million were signed. JP/R.
Tue, 25 Aug 2009
Finance Minister Warns Government Over Slumping Investment
TEMPO Interactive, Jakarta: Finance Department told lawmakers on Monday that the government should raise its concern and alert over the latest investment data released by the State Statistics Agency. In a hearing at the parliament's office on Monday, Finance Minister Sri Mulyani said actual...
Tue, 25 Aug 2009
New bill allows local governments to issue power licenses
The new electricity bill will give full authority to regional administrations whose regions are outside state power company PT PLN's current service areas to issue licenses to local companies to provide electricity, The Jakarta Post reported.
Tue, 25 Aug 2009
Govt. names eight BWA operators
The Communications and Information Minister on Wednesday named eight operators of broadband wireless access (BWA) in 15 zones across the country, Asia Pulse reported.Development of high speed BWA is expected to result in lower internet tariffs, deputy chairman of the Indonesian Chamber of Commerce...
Mon, 24 Aug 2009
Govt asked to control coal traders, brokers
Businesses are urging the government to bring all coal traders and brokers under control, after the unbridled fraud in the trading of the commodity claimed several foreign investors recently in Kalimantan and Sumatra.
Mon, 24 Aug 2009
Govt to speed up trade safeguard process
The government is considering pushing forward safeguard measures to protect domestic industries, with tariff barriers no longer effective due to the upcoming implementation of a number of FTAs.Indonesia, under the ASEAN framework, signed an FTA with China that will take effect on Jan. 1, 2010.
Sat, 22 Aug 2009
Costly Local Autonomy Has Few Plusses
The central government has again urged a halt to the carving out of new regions throughout the country, warning that the process significantly weighed on the national budget while doing little to improve social welfare standards.
Sat, 22 Aug 2009
Indonesian Government Reveals $9.36b Infrastructure Plans
With the country’s woefully inadequate roads, railways and ports becoming creakier by the day, the government says it wants to spend Rp 93.9 trillion ($9.36 billion) next year on an array of priority projects to address the yawning infrastructure deficit.
Sat, 22 Aug 2009
Alcohol-soaked Bali is running out of booze!
Indonesia News.NetFriday 21st August, 2009 (ANI)Sydney, Aug 21 : In an unusual instance, a British-owned hotel in Bali has reportedly requested its guests to bring in some extra alcohol.After the re-election of Susilo Bambang Yudhoyono as Indonesian president last month, the nation's liquor...
Sat, 22 Aug 2009
Investor protection key under new bill
A planned amendment to the Capital Market Law aims to provide greater protection to investors by, among other reforms, requiring securities firms to separate out any business other than managing investor's funds and promoting the establishment of an insurance fund to help cover investor's risks.
Sat, 22 Aug 2009
Pelindo I inks $500m port development project
State shipping company PT Pelabuhan Indonesia (Pelindo) I inked a joint commitment with private firms and local governments on Thursday on a port development program estimated to be worth US$500 million in total investment.
Thu, 20 Aug 2009
Business community cautiously welcomes new regional tax law
The business community has welcomed the law on regional taxes and levies, passed on Tuesday, in which the closed-list provisions will help specify and limit regional taxes and improve the business climate.
Thu, 20 Aug 2009
Realigning taxing power
The new law on regional taxes and user fees approved by the parliament Tuesday is much better than its predecessor (Law No. 34/2000) because it stipulates more clear-cut provisions on what types of taxes and user fees regional governments are authorized to impose and on the distribution of tax and...
Thu, 20 Aug 2009
Purbalingga No. 1 pro-investment region
Purbalingga regency in Central Java has been singled out as the most investor-friendly of the 35 regencies and municipalities in the province, an official said Wednesday.Purbalingga administration spokesman Prayitno said the achievement was a great improvement from the regency’s ranking as the...
Thu, 20 Aug 2009
Indonesia Revises Regional Taxation Laws - President
JAKARTA -(Dow Jones)- Indonesia will abolish thousands of taxes and levies under a new regional taxation law passed this week, President Susilo Bambang Yudhoyono said Wednesday in a speech to lawmakers.
Thu, 20 Aug 2009
How the World Bank Let 'Deal Making' Torch the Rainforests
The World Bank ignored its own environmental and social protection standards when it approved nearly $200 million in loan guarantees for palm oil production in Indonesia, a stinging internal audit has found.The report, detailing five years of funding from the International Finance Corp.
Thu, 20 Aug 2009
Consumer Confidence in Southeast Asia Is Increasing
SINGAPORE -- (Marketwire) -- 08/19/09 -- Consumer confidence rose during the second quarter in the four Southeast Asian countries repeatedly measured in the Asian Consumer Confidence Index survey by InsightAsia.
Mon, 17 Aug 2009
Mobindo to produce first locally made chassis
A local joint venture of four car body assembling companies and the Indonesian Car Assembler Producers Association (Askarindo) is set to start producing this November up to 1,000 bus chassis a year.The chassis, to be branded Mobil Indonesia (Indonesian Car), or Mobindo, will be manufactured at PT...
Sun, 16 Aug 2009
Property development: connecting the dots
The main principles of the property business are generally known as location, location, location. However, what makes a location so appealing? It's the infrastructure.Infrastructure is generally known as transportation, such as roads, bridges, seaports and airports, railway networks, and utilities,...
Sun, 16 Aug 2009
ASEAN, China sign investment agreement in Bangkok
Sri Wahyuni, The Jakarta Post, Bangkok The Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China finally signed a comprehensive economic deal on Saturday after seven years of negotiations.China is ASEAN’s eighth largest investor with accumulated investments of US$6.
Sun, 16 Aug 2009
Indonesia Drops to No. 129 On Ease of Business Survey
in terms of starting a business (ie, setting up and company and obtaining business permits), indonesia ranks 171, squeezing out heavyweights including Cameroon, Iraq, Haiti, Eritrea and Chad,
Sat, 15 Aug 2009
The Changing Face of Bali
Balinese Development Expert Outlines How Balinese are Becoming Disenfranchised from the Land that was Once their Birthright.(8/15/2009) An article below was originally published in The Jakarta Post on Tuesday, August 4, 2009.
Sat, 15 Aug 2009
Illegal Villas are Big Business in Bali’s Gianyar Regency
Estimated 75% of Commercial Villas in Bali's Gianyar Regency are Operating Illegally.(8/15/2009) A special committee of the Regional House of Representatives from the regency of Gianyar in Bali has estimated that 60% of that district's potential hotel and restaurant tax income is lost via illegal...
Sat, 15 Aug 2009
Singapore Snag for Asean’s Trade Rule
While the Association of Southeast Asian Nations may be notching up successes in the free-trade arena, with an agreement signed on Thursday with India and one due to be signed with China on Saturday, the trade picture within the bloc itself may not be quite so rosy.
Sat, 15 Aug 2009
Indonesia Drops to No. 129 On Ease of Business Survey
The nation has dropped two places on the World Bank and International Monetary Fund’s Doing Business Survey 2009, which was published on Friday.Indonesia came in at 129 out of 181 countries, just behind Morocco at 128 and far behind Malaysia at 25.