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Tue, 18 Mar 2008
Indonesia`s CPO exports expected to reach 13.95 million tons
Jakarta (ANTARA News) - Indonesia`s crude palm oil (CPO) exports are likely to reach 13.95 million tons this year as a result of an expected 9.6 percent rise in CPO production to 18.30 million tons, according to a World Oil report.Last year, Indonesia exported 12.40 million tons of CPO, down by 1.
Tue, 18 Mar 2008
Mercedes intending to make RI bus production base for three regions
Jakarta (ANTARA News) - German auto maker Mercedes Benz intends to make Indonesia a production base for its buses for markets in Southeast Asia, the Middle East and Africa, a company executive said."Our choice fell on Indonesia because we have experience in investing in this country and Indonesia...
Tue, 18 Mar 2008
S African investors interested in Indonesia
Pretoria (ANTARA News) - South African President Thabo Mbeki said that South African investors have recently expressed interest in doing business in Indonesia.This statement was made by President Mbeki in a press conference at the South African Presidential Office, Unions Buildings, in Pretoria on...
Tue, 18 Mar 2008
Green-Watch:Government, business need to help save planet
If the government of Indonesia is having trouble facilitating and making people to be aware of the needs of throwing rubbish where they suppose to be thrown to, I doubt if the above mentioned awareness can be made familiar to general public.
Tue, 18 Mar 2008
Green-Watch:Government, business need to help save planet
For centuries, the rich natural resources of the Indonesian archipelago have been exploited. During colonial rule and the Soeharto years, Indonesians had little say about how the assets of this great nation were managed.Today the nation's ecological health is hanging in the balance.
Tue, 18 Mar 2008
Airport users demand better service
A forum was recently held by the Indonesian Consumers Organization (YLKI) to air grievances over Soekarno-Hatta airport user facilities, with the airport operator promising to improve facilities such as toilets and a prayer room in the near future.
Mon, 17 Mar 2008
President asks private sector of New Zealand to invest in Indonesia
The truth is that Indonesia likes foreign investment money, but doesn't like foreigners. Just a few examples: $1600 spend each year on working visa, marriage with Indonesian wife does not grant you any right to work here to support your family, if you plan to leave Indonesia even for a short trip...
Mon, 17 Mar 2008
Lucrative labor business sets rift between officials
In what is really about looking out for their own interests in next year's general elections, Manpower and Transmigration Minister Erman Suparno and chairman of the migrant workers' agency Jumhur Hidayat have fallen into a heated feud with no end in sight.
Mon, 17 Mar 2008
Sampoerno Agro to spend Rp 600b to up output amid rising CPO prices
Riding the wave of soaring prices of crude palm oil, publicly listed palm oil producer PT Sampoerna Agro is setting aside up to Rp 600 billion (US$65.2 million) this year to boost production.Finance director Eddy Kurniawan said the money would be spent on new land, factories and supporting...
Mon, 17 Mar 2008
RI seeks more gas for domestic market
After securing a gas supply of 1.5 million tons from the Bontang field in East Kalimantan, the government is eying another 1 million tons from the Tangguh block in Papua to meet domestic market demand, an official says.
Mon, 17 Mar 2008
Thai investors from small-to-medium class joining biggies in RI
Despite vast opportunities, business relations between Indonesia and Thailand are still lagging compared to relations with other major Southeast Asian countries.The Jakarta Post's Rendi Akhmad Witular interviewed the newly appointed Thai ambassador for Indonesia Akrasid Amatayakul about his...
Mon, 17 Mar 2008
Govt pumps export potential of the 'creativity industries'
If a variety of culture is considered the main determinant of national creative output, Indonesia would likely be one of the richest countries as home to no less than 300 ethnicities and 500 languages and dialects.
Mon, 17 Mar 2008
Esia aims to almost double subscriber base by end of 2008
PT Bakrie Telecom, the publicly listed telecom behind CDMA mobile phone brand Esia, saw its subscriber base increase 147 percent last year.Bakrie has 3.82 million subscribers and aims for almost twice that many by year end.At the end of 2006, it had 1.
Mon, 17 Mar 2008
Construction of Senoro LNG plant may be delayed: BPMigas
The construction of the US$1 billion liquefied natural gas (LNG) plant in Senoro, Central Sulawesi, may be hampered by prolonged gas price re-negotiations between the operator and gas suppliers, and official said on the weekend.
Mon, 17 Mar 2008
Industry minister backs idea to raise prices of fuel for industries
Pekanbaru, Riau (ANTARA) - Industry Minister Fahmi Idris has thrown his weight behind a proposal to raise further the prices of fuel for industries to anticipate the greater impact of global crude price spiral."We have no other choice," he said here Saturday.
Mon, 17 Mar 2008
Indonesia wanits to import soybean from Brazil
Jakarta (ANTARA News) - The Indonesian government is studying the possibility of importing soybean from Brazil in an effort to reduce its dependence on the commodity from the United States, Agriculture Minister Anton Apriyantono said here on Saturday.
Sun, 16 Mar 2008
Veep: govt not to give Reanult land for free
Considering how the Indonesian govt. seems to shoot themselves in the foot (massive corruption, new permits being created every other day to do business, locals not wanting give a fair days work for fair days pay) and drive away international investors and with the competition and better workers in...
Sat, 15 Mar 2008
Govt terminates contracts for 111 mining operators
The government announced Friday it had terminated 111 mining contracts since 1999 due to companies' failure to meet contract requirements.In a press statement, the Energy and Mineral Resources Ministry said 64 of the terminated contracts were for mining firms and the remaining 47 were coal firms.
Sat, 15 Mar 2008
RI seeks more gas for domestic market
After securing a gas supply of 1.5 million tons from the Bontang field in East Kalimantan, the government is eying another 1 million tons from the Tangguh block in Papua to meet domestic market demand, an official says.
Sat, 15 Mar 2008
Black soybean variety gives farmers, country new hope
The Jakarta PostPacitan, East JavaFarmers in Pacitan regency's villages of Mantren and Pringkuku in East Java are in high spirits after planting a new variety of local soybean that researchers say produces a high yield.
Sat, 15 Mar 2008
Veep: govt not to give Reanult land for free
Serang, Banten (ANTARA News) - Vice President Jusuf Kalla affirmed that the government would not provide land to the French automotive company, Renault SA, for free for investment in Indonesia.The government will not provide land in this way, because other industries would also ask for land, he...
Sat, 15 Mar 2008
Banten to offer investment opportunities to French bizmen
as if the fiasco of ariawest was not enough, they are coming back for more!
Fri, 14 Mar 2008
Banten to offer investment opportunities to French bizmen
Serang (ANTARA News) - Banten province will offer investment opportunities in sea port development, road construction and tourism to French businessmen, the chief of Banten`s provincial Investment Coordinating Board (BKPM), Eneng Nurcahyati, said here on Friday.
Fri, 14 Mar 2008
Indofood to keep prices steady
Originally Posted By: Roy's hairListen lads. brain tumors beckon. Eat some fresh veg and fruit in this country. Not up ya arse. New Indo Mie flavors:Rubber 'n' Sand FlavourBurnt plastic 'n' Hypersaturated chlorates flavourNothing Flavour.Cap'n still doubts my true idenidy.
Fri, 14 Mar 2008
Indofood to keep prices steady
Originally Posted By: flingwing Food ItemServingCaloriesFatCarbsProteinMi Goreng (Indomie)1 pack (85g)39017g52g8gMi Rebus (Indomie)1.41 oz (40 g)1808g25g4gChicken Breastn/a1301g0g27gSaladn/a150g3g1gBroccoli (raw)1 cup (florets)190.2g3.7g2.6gSteamed Brown Rice100g1120.83g23.5g2.
Fri, 14 Mar 2008
Indofood to keep prices steady
Listen lads. brain tumors beckon. Eat some fresh veg and fruit in this country. Not up ya arse. New Indo Mie flavors:Rubber 'n' Sand FlavorBurnt plastic 'n' Hypersaturated chlorates flavorNothing Flavor.Cap'n still doubts my true idenidy.
Fri, 14 Mar 2008
Indofood to keep prices steady
Originally Posted By: flingwingI don't know if I entirely agree with your evaluation, RH. Indomie has kept me alive several times on overseas trips. When you're in a hotel room with minimal pots & pans, and want something to eat that's hot, nothing beats a 35-cent pack of Indomie in any one...
Fri, 14 Mar 2008
Indofood to keep prices steady
I don't know if I entirely agree with your evaluation, RH. Indomie has kept me alive several times on overseas trips. When you're in a hotel room with minimal pots & pans, and want something to eat that's hot, nothing beats a 35-cent pack of Indomie in any one of several flavors.
Fri, 14 Mar 2008
Indofood to keep prices steady
Originally Posted By: Roy's hairIndomie does indeed symbolize this country. Utterly lacking in substance, fibre or nutrition. A poor simulation of actual food. An ersatz breakfast for those completely without taste or descrimination.
Fri, 14 Mar 2008
Indofood to keep prices steady
"Indomie seleraku"; Hari-hari bersama indomie; indomie dari dan bagi: INDONESIA".
Fri, 14 Mar 2008
Government rues illegal coal export
Ika Krismantari, The Jakarta PostAt least 20 million tons of coal have been produced and exported illegally every year since the beginning of 2005, the government says.Simon Sembiring, director general of coal, mineral and geothermal energy at the Energy and Mineral Resources Ministry, said...
Fri, 14 Mar 2008
Center to boost enterpreneurship
A new government-funded center that will tailor state research to the business community for free was opened by State Minister for Research and Technology Kusmayanto Kadiman on Thursday.The Business Innovation Centre (BIC) will link researchers with the business community, Kusmayanto said.
Fri, 14 Mar 2008
Indofood to keep prices steady
PT Indofood Sukses Makmur said Monday the company would not increase the prices of its flour-based products until the end of the fasting month of Ramadhan despite the soaring wheat price."We want to keep the prices steady until Ramadhan," Indofood vice president told reporters on the sidelines of...
Fri, 14 Mar 2008
CPO exports to increase 27 percent in 2008
The Jakarta PostDespite new tariffs on export duties and a more restrictive export regulation on crude palm oil (CPO), exports for this year are expected to increase by around 27 percent, says the Indonesian Palm Oil Association (GAPKI).
Fri, 14 Mar 2008
US no longer engine of world economic growth: academic
Jakarta (ANTARA News) - Economic conditions in the United States which were now on the brink of crisis show that Uncle Sam is no longer the engine of world economic growth, an academic said.Prof Gracia S Ugut, dean of the Asian Institute of Management (AIM), said Asia had now replaced the United...
Thu, 13 Mar 2008
Biofuel efforts make higher food prices inevitable, academic says
Higher food prices are inevitable due to an energy shift from fossil fuels to bioenergy, finance management professor Wibisono Hardjoparnoto said Wednesday."Bioenergy efforts will surely touch food issues such as in the case where corn is being used as biofuel," he said.
Thu, 13 Mar 2008
Govt, private sector to boost internet penetration
An ambitious plan aiming to roll out "cheap and meaningful" broadband to 20 percent of the Indonesian population by 2012 is gearing up in Jakarta, with strong support from the government and corporate sectors.
Thu, 13 Mar 2008
Benefits of integrating mining, forestry
There are promising signs that a long-awaited reformation of the Indonesian mining industry is taking place. The government now is seriously dealing with several issues that have starved the mining industry for 10 years.
Thu, 13 Mar 2008
Govt officials must now have more guts to commit corruption
Jakarta (ANTARA News) - Vice President Jusuf Kalla said that government officials must now have more guts to commit corruption."Government officials must now have six times the usual guts to commit corruption," the vice president said here on Tuesday.
Wed, 12 Mar 2008
Tata Power interested in coal projects
Indian utility Tata Power Co Ltd is considering building power plants in Southeast Asia and is looking at mines in Indonesia though rising coal prices is making acquisitions expensive, its managing director said Reuters reported from Mumbai.
Wed, 12 Mar 2008
Coal price seen rising 3-fold: Merrill Lynch
Merrill Lynch has raised its forecasts for contract prices of coal for power plants and steel mills in 2008, predicting that prices will jump by as much as 200%, after recent supply disruptions resulted in a severe global shortage, Reuters reported Friday (7/3/08).
Wed, 12 Mar 2008
Indonesia sees coal exports at 150M tons
Indonesia is likely to have a maximum of 150 million tons of coal available for export in each of the next several years due to rising domestic demand, Jeffrey Mulyono, head of the Indonesian Coal Mining Association, said, Reuters reported Tuesday (4/3/08).
Wed, 12 Mar 2008
Sarulla geothermal project to start next year
Construction of the 340-MW Sarulla geothermal power plant in Tapanuli, North Sumatra, will start in 2009, Asia Pulse reported Monday (3/3/08).First phase construction will be for a 110 MW capacity plant, said Hilmi Panigoro, president of PT Medci Energi Internasional, which owns the project jointly...
Wed, 12 Mar 2008
Mobile-8 Telecom 2007 net profit up 45.4%
CDMA-based cellular operator PT Mobile-8 Telecom said Wednesday (5/3/08) its net profit last year rose 45.4% supported by stronger sales, Thomson Financial reported.The company posted net profit of Rp50.35 billion for 2007 compared to 34.64 billion a year earlier.Net sales surged 49.9% to Rp882.
Wed, 12 Mar 2008
Matahari's net profit rises 12% on stronger sales
The country's largest retailer, PT Matahari Putra Prima, said Tuesday (4/3/08) its net profit grew 12% in 2007, supported by stronger sales, Thomson Financial reported.Matahari booked net profit of Rp180.19 billion, against Rp160.50 billion in 2006.Sales rose to Rp9.8 trillion from Rp8.
Wed, 12 Mar 2008
IndoAgri posts 59% sales increase to $715M
Indofood Agri Resources Ltd (IndoAgri), a major subsidiary of food giant PT Indofood Sukses Makmur, reported a 59% increase in sales to Rp6.5 trillion ($715 million) in 2007 from Rp4.09 trillion in the previous year, Asia Pulse reported Tuesday (4/3/08).
Wed, 12 Mar 2008
15 plantation enterprises to come under 1 holding
State Enterprises Minister Sofyan Djalil said the government will complete the process of forming a holding company for 15 state plantation firms, including PT RNI, a state-owned sugar distribution firm, next month, Asia Pulse reported Thursday (6/3/08).
Wed, 12 Mar 2008
Higher plantation output in 2008
The country expects higher output of its key agriculture commodities rubber, coffee and cocoa in 2008, an official said on Wednesday (5/3/08), due to good weather and higher prices, which have led to more intensive farming, Reuters reported.Rubber output is expected to increase by 2.7% to 2.
Wed, 12 Mar 2008
GM to resume operations in Indonesia
US car maker General Motors Corp. (GMC) is set to restart its car manufacturing business in Indonesia using the facility it abandoned earlier, Asia Pulse reported Monday (3/3/08).The world's second largest car maker will produce special models to suit the Indonesian market, Mukita Sutikno, general...
Wed, 12 Mar 2008
BI: Fund inflows would strengthen currency, aid CPI
A widening gap between Indonesian and US interest rates could help draw capital inflows to the country and strengthen the domestic currency, Bank Indonesia (BI) Senior Deputy Governor Miranda Goeltom said Wednesday (5/3/08), Dow Jones Newswires reported.