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Found 1,924 articles

Norwegian Investor Orders 22 Boats

Originally Posted By: chewwyUKI wonder if the girls in Batam entered in to the decision making process? the gals at Lucy's Oar House certainly did.The Oar House is famous for its collection of oars.http://www.nedbatam.com/oarhouse/

Norwegian Investor Orders 22 Boats

I wonder if the girls in Batam entered in to the decision making process?

Kadin: high borrowing cost shackles industry growth

The Indonesian Chamber of Commerce and Industry (Kadin) reported Wednesday that the growth of the manufacturing industry in the first half of the year was shackled by high borrowing cost and high dependency over imports.

Govt to maintain policy on used machinery imports

Jakarta (ANTARA News) - The government decided to maintain its policy of allowing limited imports of used machinery to give a chance to less developed industries to grow, a senior official said.Director General of Textile, Machinery, and Metal Industries of the Industry Ministry, Anshari Bukhari,...

PLN must save Rp6.2 trillion in 2009

Jakarta (ANTARA News) - State-owned electricity company PT PLN, based on the 2009 Draft State Budget, is required to save some Rp6.2 trillion in 2009, a senior official said."PLN is asked to carry out an efficiency drive so that it would save a total of up to Rp6.

Govt suggested to dissolve oil/gas regulating body

Jakarta (ANTARA News) - Oil expert Dr Kurtubi said that it would be better for the government to dissolve the Upstream Oil and Gas Regulating Body (BP Migas) because there was no control on its performance.

Maybank says Indonesia an important market

Kuala Lumpur (ANTARA News) - Indonesia is still an important market for Maybank despite rampant changes in the country`s financial policy, the bank`s president and chief executive officer Abdul Wahid Omar said.

Indonesia Not Experiencing Food Crisis Says Agriculture Department

Thursday, 28 August, 2008 | 00:03 WIBTEMPO Interactive, Jakarta: Achmad Suryana, Head of the Food Security Board at the Agriculture Department, said yesterday (26/8) that currently Indonesia is not experiencing a food crisis as energy and protein supplies are sufficient for national needs.

Norwegian Investor Orders 22 Boats

Thursday, 28 August, 2008 | 09:44 WIBTEMPO Interactive, Batam: A Norwegian investor ordered 22 boats worth US$370 million (US$30 million per unit) from Batam. Batam was chosen as it has a more reasonable price than Japan.

Govt. to hold Wimax tender

Wonder who they awarded it too?

Indonesia to be world's largest producer of rubber

Indonesia is expected to become the world's largest producer of natural rubber in 2020 with production forecast to reach 4 million tons, Asia Pulse reported."World natural rubber production is expected to reach 13 million tons in 2020 and Indonesia is predicted to become the world's largest...

Govt. to hold Wimax tender

The government has said it will hold a tender to select the operators of broadband wireless access (BWA) of Wimax early October, Asia Pulse reported.The operators will have frequency allocation at 3.GHz3 and 2.

KPPU turns up the heat on Carrefour amid unfair business allegations

Retail companies, including French retail giant Carrefour, will be required to provide reports on merger and takeover plans to avoid unfair business practices and to help protect small suppliers in the sector.

Crude palm oil prices: Reading into the roller-coaster ride

Achmad Syafriel, AnalystCrude palm oil (CPO) price movements have been nothing short of a roller-coaster ride. From a mid-June 2006 price of around US$400 per ton, it shot up 350 percent to $1,400 per ton in Rotterdam before plunging 37 percent to the current level.

Govt to halt refunds for oil contractors

Alfian, The Jakarta Post, Jakarta The government may delay paying refunds owed to oil and gas contractors for exploration work and investment costs next year to help sustain the state budget, a minister says.

Young Indonesians seek a new order

Originally Posted By: Roy's HairOriginally Posted By: KuKuKaChuIndonesia's present challenge was summed up recently by US ambassador Cameron Hume: "The younger generation has to decide how Indonesia should be attached to the rest of the world.

Young Indonesians seek a new order

Originally Posted By: KuKuKaChuIndonesia's present challenge was summed up recently by US ambassador Cameron Hume: "The younger generation has to decide how Indonesia should be attached to the rest of the world.

Opening ASEAN meet, Singapore PM warns on protectionism

Singapore (ANTARA News) - Singapore Prime Minister Lee Hsien Loong on Tuesday warned against "backsliding" toward protectionism as Southeast Asian economic ministers launched a week of talks to strengthen regional trade links.

QTel wants 51% majority stake in Indonesian telco Indosat

Jakarta (ANTARA News/Asia Pulse) - Qatar Telecom (QTel) said it wants to have more than a 50 per cent stake in Indonesia's second largest telecommunications company PT Indosat.Qtel is already the largest shareholder of Indosat with a 40.

Young Indonesians seek a new order

JAKARTA - Sitting down with Indonesia's rising business stars gives a sense of the progress and perils that define the country as it marks a decade since the downfall of authoritarian president Suharto and heads into parliamentary and presidential elections next year.

KPKN denounces minister`s regulation on oil contractors`

strange? i don't think so. all looks par for the course. remember also, elections are coming up. banging the anti-foreigner nationalist can is a compulsory part of every political campaign.

KPKN denounces minister`s regulation on oil contractors`

Jakarta, (ANTARA News) - An organizarion calling itself Committee to Save State Assets (KPKN) has denounced the issuance of a ministerial regulation on private oil and gas contractor companies` obligation to meet domestic need, saying the policy had the potential of causing the state to lose...

GM to make Indonesia a production base in ASEAN

Jakarta (ANTARA News/Asia Pulse) - General Motors Corp. will make Indonesia the production base for multi-purpose vehicles (MPV) in this region, an official of the industry ministry said.The largest car maker in the U.S.

Java plant on track, contingencies readied

The Jakarta Post, Jakarta The nation's largest cement maker, PT Semen Gresik Group (SGG), is embarking on various massive projects to boost its production capacity in the next four years to meet increasing domestic demand.

Indofood to expand into dairy business

PT Indofood Sukses Makmur, the world's largest maker of noodles, is planning to expand into the dairy business by fully acquiring Drayton Pte. Ltd., which owns a controlling stake in local dairy company PT Indolakto.

Australian minister vows to boost funds in RI agriculture sector

Australia's visiting agriculture, fisheries and forestry minister Tony Burke pledged Thursday to encourage Australian companies to increase investments in Indonesia's agriculture sector.Burke said Australia and Indonesia had agreed to form a task force aimed at promoting Australian investment and...

Local CPO demand may offset drop in prices

Robust domestic demand on crude palm oil (CPO) for biofuel is likely to compensate losses from declining prices of CPO on world markets, a ministry official says."With a demand on CPO for biofuel, there will be a new market of about 1 million tons," said Bayu Krisnamurthi, deputy head of...

Contiki Resort in Bali to Close

Low Occupancy in a 'Bull Market' at 18-35 Year Old Only Property Precipitates a Change of Name and Management for 133-room Bali Resort.(8/24/2008) PT Mountbatten Resorts Indonesia will soon assume management of the 133-room Contiki Resort Bali located in the Seminyak area of Bali's famed Kuta Beach.

Hybrid Vehicles to Be Imported Tax-Free

Japanese-Indonesian Trade Agreement May Tax-Exempt the Import of Vans and Small Busses for Bali's Tourism Industry.(8/24/2008) In accordance with an economic cooperation agreement signed between Indonesia and Japan energy-efficient hybrid cars will soon be free of import tax in Indonesia.

The Expansion of Bali's Benoa Port as a Cruise Terminal

US$543 million Deal with Korean Consortium will Double Port Size and Create 5-Star Accommodation Complex at Benoa Harbor.(8/24/2008) NusaBali reports that Bali's Benoa Port will soon be enlarged to cover an area of 80 hectares by dredging shallow areas of the harbor currently inaccessible to...

Adidas ends Prima contract this December

Mustaqim Adamrah, The Jakarta Post, JakartaThe world's second-largest sportswear manufacturer, Adidas Group, has placed its final orders with local shoemaker PT Prima Inreksa Industries, under an agreement signed by both companies on Friday at the Industry Ministry.

Government to Give Incentives for Telecommunication Operators in Remote Areas

Friday, 22 August, 2008 | 23:57 WIBTEMPO Interactive, Jakarta: The Postal and Telecommunication Director General Basuki Yusuf Iskandar said the government will give frequency incentives for operators willing to build up the telecommunication industry in isolated areas.

Germany Invests US$ 25 Million in Batam

Saturday, 23 August, 2008 | 08:44 WIBTEMPO Interactive, Batam :German company PT Epcos Indonesia has invested US$ 25 million in Batam, Riau Archipelago. The electronic company employing 3.500 people produces 200 million units of negative thermal censor per year.

Australia: Indonesia and Australia Will Benefit from Free Trade

Saturday, 23 August, 2008 | 08:46 WIBTEMPO Interactive, Jakarta:Australian Agriculture, Fishery, and Forestry Minister, Tony Burke, said that Indonesia and Australia will benefit from the ASEAN- Australia-New Zealand Free Trade Agreement.

Govt rejects proposed escalation of infrastructure contracts

Jakarta,(ANTARA News) - The government eventually turned down a proposal for an increase in the value of contracts for infrastructure projects under a cooperation between the government and private businesses, because the proposal did not meet the legal requirements.

Labor-rich industries lagging

Aditya Suharmoko, The Jakarta Post, JakartaThe government has not supported the steady growth of labor-intensive industries over the last six quarters, missing a vital opportunity to reduce unemployment and poverty, several lawmakers say.Last year, the economy grew 6.

Shopping centers say no to forced power-saving plan

The Jakarta Post, JakartaShopping centers have rejected a planned govt regulation requiring them to switch to their own power generators for ten hours every week starting Aug. 25, citing burdensome extra costs.

Security at RI container ports slack

Indonesia's container ports fall short of the stiff security standard required by the International Maritime Organization (IMO), an official says.Director General of Customs and Excise Anwar Suprijadi, who has received acclaim for leading a clean up of his corruption-riddled office, said the...

KPK hunting corrupt tax officials

The Corruption Eradication Commission (KPK) has expanded its investigation into the corruption-infested Directorate General of Taxation.A failure by most tax officials in submitting their wealth reports will be used by the KPK to make an initial screening of how the officials manage to attain their...

Exports to Japan Increase by 20 percent

Thursday, 21 August, 2008 | 10:27 WIBTEMPO Interactive, Jakarta: The Indonesian government predicted the export growth from Indonesia to Japan will increase by 20 percent after the partnership agreement between Indonesia and Japan is signed. There will be removal and reduction of the trade tariff.

ILO: Indonesia`s 2008 economy shows sound improvement

Jakarta, (ANTARA News) - Indonesia`s economy has been growing positively but the labour market has not yet developed significantly, according to a report of the International Labour Organization (ILO) on Labour and Social Trends in Indonesia 2008, Wednesday.

Billion-dollar investor plans to set up oil refineries canceled

Jakarta,(ANTARA News) - As many as 21 foreign and domestic investor plans to set up oil refineries in Indonesia worth a total of 39.36 billion US dollars plus Rp 18.3 trillion and approved by the government in the period 1994-2000 were not realized and therefore canceled, a capital investment...

African Company Interested in Managing Indonesian Coal Liquefaction

he will find out soon enough ... if you get in bed with Bakrie and Pertamina you are sure to wake up with a sore arse in the morning.

African Company Interested in Managing Indonesian Coal Liquefaction

I wonder if someone should tell Mr Cameron and friends that as it is a Bakrie Company there must be a dead rat in the deal somewhere!

INKINDO Suggests Standards for Foreign Trading Companies

Wednesday, 20 August, 2008 | 11:51 WIBTEMPO Interactive, Jakarta: The National Association of Indonesian Consultants (INKINDO) has suggested that provincial governments arrange trading company and skill standards for foreign consultants working in Indonesia.

African Company Interested in Managing Indonesian Coal Liquefaction

Wednesday, 20 August, 2008 | 11:53 WIBTEMPO Interactive, Jakarta: South Africa Synthetic Oil Liquefaction (SASOL) Synfuels International, a synthetic fuel company from South Africa, is interested in managing coal liquefaction in South Sumatra.

Hutchinson invests $1B in telecom facilities

correct. small annoucement last week (http://jakchat.com/forums/ubbthreads.php/topics/84344/ANT_Hutchinson_invests_US_1_bl#Post84344)this article from the ministry of trade adds details to that story.

Golden Agri 2Q profit more than doubles

Golden Agri-Resources Ltd., a unit of Indonesia's largest oil-palm grower, Sinar Mas Group, said second-quarter profit more than doubled as prices and production gained, Bloomberg reported.Net income rose to $582 million in the three months to June 30, or 6 cents a share, compared with $228...

Hutchinson invests $1B in telecom facilities

PT Hutchinson CP Telecom Indonesia, operator of the '3' brand cellular service, has invested $1 billion in the development of its telecommunications facilities in Indonesia, Asia Pulse reported."We plan to become the biggest operator in Indonesia next year," marketing director of...

Indonesia may produce 1M tons cocoa by 2013

Indonesia may be able to double its current annual cocoa production to 1 million metric tons in the next five years as steps are taken to rejuvenate existing plantations, a senior industry official said, Dow Jones reported.