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Wed, 20 Aug 2008
Rush to invest in shoe industry
South Korean, Vietnamese and Chinese shoemakers are reported to be planning to set up shop in Indonesia, boosting an industry that already makes some $400 million in export earnings."All the companies have already obtained principle licenses from the Investment Coordinating Board," Eddy...
Wed, 20 Aug 2008
GDP growth can be maintained: Minister
The growth rate of the economy, which the Central Agency of Statistics (BPS) said reached 6.39% in the second quarter, can be maintained throughout the year, Coordinating Minister for Economic Affairs Sri Mulyani Indrawati told a press conference on Friday.
Wed, 20 Aug 2008
Govt's ambitious customs system hits snag on available manpower
exactly. which asks the question: do indonesians *really* want their country to be just like the west? isn't that what many of us here in jakchat were trying to escape from?
Wed, 20 Aug 2008
Govt's ambitious customs system hits snag on available manpower
you're way too optimistic. culture underlies much behaviour, and elements of indonesian culture itself supports and maintains what westerners view as corruption.creating a "clean", merit-based bureaucracy in indonesia requires a culture shift.
Wed, 20 Aug 2008
Govt's ambitious customs system hits snag on available manpower
Bring it on ..... Hire a very good change management team to train and develop the people. Sure there will be the currupt people who will take no notice but there will also be a few who are as tired of the curruption as most other people.
Tue, 19 Aug 2008
Electronics resilient amid inflation
Despite rising pressure from price inflation, particularly after the fuel price hikes in May, the Electronics Marketer Club's (EMC) monthly report shows that electronics sales increased in July.In July, electronic retailers and distributors were able to generate Rp 1.86 trillion (US$202.
Tue, 19 Aug 2008
Poor investment climate, not yet investor friendly
A conducive investment climate is desired by all economies looking for an inflow of foreign capital. However, such an environment is not only in the interest of foreign investors but also for domestic investors as their financial outlay is no less sizable.
Tue, 19 Aug 2008
Govt's ambitious customs system hits snag on available manpower
Aditya Suharmoko, The Jakarta Post, Jakarta The government aims to fully implement this year the so-called Indonesia National Single Window (INSW) system, which is aimed at streamlining export and import flow and preventing smuggling.
Tue, 19 Aug 2008
Australia to strengthen agricultural trade with Indonesia
The Australian government seeks to strengthen agricultural cooperation with Indonesia during its Minister for Agriculture, Fisheries and Forestry, Tony Burke, visit to the country starting Wednesday."I emphasize Australia's interest in access to the Indonesian market and our interest in...
Tue, 19 Aug 2008
Bin Laden Group to invest Rp14 trillion in Sulawesi
american's don't do much business here, either
Tue, 19 Aug 2008
Bin Laden Group to invest Rp14 trillion in Sulawesi
Bin Laden Group ... Bet they don't do much business in America
Tue, 19 Aug 2008
Govt forms parent holding company for state fertilizer makers
Jakarta (ANTARA News) - The government has set up a parent holding company for five state fertilizer makers -- PT Pusri, PT Pupuk Kalimantan Timur, PT Pupuk Kujang, PT Petro Kimia Gresik and PT Pupuk Iskandar Muda.
Tue, 19 Aug 2008
Bin Laden Group to invest Rp14 trillion in Sulawesi
Kendari, South-East Sulawesi (ANTARA News) - A foodstuff consortium from Middle-East countries planning to investment some Rp14 trillion through Bin Laden Group in South-East Sulawesi province, a senior adviser said here on Monday.Prof. Dr.
Mon, 18 Aug 2008
McDermott Indonesia completes massive CPP project in Batam
PT McDermott Indonesia, a Batam-based engineering and construction company in the offshore oil and gas industry, has completed construction of a massive central processing platform (CPP) worth US$450 million.
Mon, 18 Aug 2008
Govt aims to expand tax net, cut evasion, boost revenue
Aditya Suharmoko and Alfian , The Jakarta Post , Jakarta | Mon, 08/18/2008 11:51 AM | BusinessThe government plans to be aggressive in its hunt for more taxpayers among businesses to help finance the expansive state budget proposed for next year.
Mon, 18 Aug 2008
CPO price hikes boost Jambi`s gross regional domestic product
Jambi (ANTARA News) - Jambi province`s gross regional domestic product in the second quarter of 2008 rose 2.8 percent to Rp9,217 billion, driven by a rise in global crude palm oil (CPO) prices.The rise in CPO prices caused the local economy particularly the processing industry to grow 5.
Mon, 18 Aug 2008
Govt targets unruly coal miners
Aditya Suharmoko & Nurni Sulaiman, The Jakarta Post, Jakarta, BalikpapanThe government is gearing up to punish three coal producers found to have been evading royalty payments and income tax over a six-year period, an official says.
Mon, 18 Aug 2008
Entrepreneurs: gov infrastructure spending not enough
The Jakarta PostThe country's business community and entrepreneurs deem the President's state address a disappointment as the state budget allocation for infrastructure is lower than expected."The allocated budget for infrastructure is only 3 percent, when the country actually needs at least 6...
Mon, 18 Aug 2008
Google eyes RI SMEs to boost expansion in Asia
Google is targeting Indonesia's small and medium enterprises to boost its expansion in the region.The Silicon Valley giant is providing an opportunity for Indonesian SMEs to develop their businesses and find new customers by advertising on Google Adwords, a Google product aimed at businesses with...
Mon, 18 Aug 2008
Govt sets lofty plans for '09 budget
Aditya Suharmoko, The Jakarta Post, JakartaThe government has set an expansive state budget for next year, calling for a higher deficit with increased spending to boost growth and reduce unemployment.President Susilo Bambang Yudhoyono on Friday presented the 2009 state budget draft to the House of...
Mon, 18 Aug 2008
111 Illegal Villas Facing Closure on August 29, 2008
Badung Tourism Office Promises to Enforce Closure Rule on Villas Who Fail to Meet Regulatory Requirements for Commercial Villas.(8/16/2008) The Regional Tourism office of Badung, acting on the Governor's August 29, 2008 deadline for the legalization of all commercial villas, is preparing two team...
Sun, 17 Aug 2008
RI`s economy to grow 6 pct this year: analysts
Not too certain on this one here...will just see..the data may reflect the upcoming election...hehehe
Fri, 15 Aug 2008
Workers in Batam, Surabaya rally against "outsourcing" system
The workforce here is indeed fluid. They've been put in life's blender and liquidized.
Fri, 15 Aug 2008
Workers in Batam, Surabaya rally against "outsourcing" system
outsourcers in this country can absolve their responsibility for their minimum wage obligations, rendering the whole minimum wage concept risible here. Outsourcing is pure evil in this country- which needs real unions by the way.
Fri, 15 Aug 2008
Workers in Batam, Surabaya rally against "outsourcing" system
Originally Posted By: chewwyUKTo compete in the manufacturing markets Indonesia MUST have a more fluid workforce i certainly agree with all you say, however, unions may well argue that fluid workforces are not possible in the absence of a system of social security to fill in for breaks in...
Fri, 15 Aug 2008
Workers in Batam, Surabaya rally against "outsourcing" system
Interesting that the outsourcing issue is kicking off again. Maybe the unions know that one of the first things SBY's government will try and change are the manpower outsourcing regulations. Remember they tried a few years ago but unfortunately he backed down.
Fri, 15 Aug 2008
Consumer spending boosts Indonesia
Published: August 14 2008 17:01Indonesia’s economy grew a higher-than-expected 6.39 per cent year-on-year in the second quarter of this year, thanks to high commodity prices, strong consumer spending and robust exports.
Fri, 15 Aug 2008
Workers in Batam, Surabaya rally against "outsourcing" system
Jakarta, (ANTARA News) - Workers in Batam in Riau Islands province and Surabaya in East Java on Thursday demonstrated in front of their regional legislative councils against violations of the law in the implementation of the so-called "out-sourcing" system in manpower recruitment and even...
Fri, 15 Aug 2008
RI`s economy to grow 6 pct this year: analysts
Taipei, (ANTARA News) - Citi Corp analysts predicted Thursday the Indonesian economy will grow 6 percent in 2008 after the Central Bureau of Statistics (BPS) announced earlier in the day the country`s economy expanded 6.36 percent in the first half of this year.
Fri, 15 Aug 2008
Trade Increases between Indonesia and South Africa
Thursday, 14 August, 2008 | 12:10 WIBTEMPO Interactive, Jakarta: Exports from Indonesia to South Africa in 2008 are targeted to increase by 25 percent. According to the Director for Export Development in East Timor at the National Export Development Agency Radu Malem Sembiring, the increase is...
Thu, 14 Aug 2008
Hutchinson invests US$1 bln in Indonesian telecom operations
^^^^^Problem is they only got USD 450,000,000 worth.........
Thu, 14 Aug 2008
Hutchinson invests US$1 bln in Indonesian telecom operations
Jakarta (ANTARA News/Asia Pulse) - PT Hutchinson CP Telecom Indonesia, as operator 3 (Three), has invested US$1 billion (Rp 9.1 trillion) in the development of its telecommunications facilities in Indonesia.
Thu, 14 Aug 2008
14 Taiwanese investors to Explore opportunties in RI`s
Jakarta (ANTARA News) - Fourteen investors from Taiwan intend to explore the possibility of investing in the shoe industry in Indonesia, and three of them have disclosed their plan to set up shoe factories with a total production capacity of between 120,000 and 180,000 pairs monthly, a shoe...
Thu, 14 Aug 2008
Yogyakarta Relies on Tourism
Wednesday, 13 August, 2008 | 11:37 WIBTEMPO Interactive, Jakarta: Yogyakarta has decided that the tourism sector is one way to stimulate the regional economy.“This has to be supported by good infrastructure,” said Deputy Mayor for Yogyakarta Haryadi Suyuti, on Tuesday (12/8).
Wed, 13 Aug 2008
Imports of Plastic Waste to be Allowed
Now it's legal it wont need to get smuggled in the old way!
Wed, 13 Aug 2008
Imports of Plastic Waste to be Allowed
Wednesday, 13 August, 2008 | 10:25 WIBTEMPO Interactive, Jakarta: Government will allow industries to import plastic waste in order to meet the demand for cheaper raw materials.Albert Tubogu, Director for Imports at the Department of Trade, said that the ban will be cancelled soon.
Tue, 12 Aug 2008
Tanjung Emas port in C. Java adopts online permit system Aditya Suharmoko , The Jakarta Post , Semarang | Tue,
Aditya Suharmoko, The Jakarta Post, SemarangThe government on Monday expanded its National Single Window (NSW) scheme, an online service for importers to register for permits, to include Tanjung Emas port in Semarang, Central Java.
Tue, 12 Aug 2008
Foreign cell phone producers to expand presence in RI
Three cellular phone manufacturers, possibly including world leader Nokia, are constructing plants in Indonesia to take advantage of the rapidly growing industry, an association and a ministry official say.Many of the plants are scheduled to begin operating before the end of this year.
Tue, 12 Aug 2008
Government Allocates Rp19 Trillion for Indonesian Railways
Tuesday, 12 August, 2008 | 14:41 WIBTEMPO Interactive, Bandung: The Government has allocated Rp19 trillion from the state budget for developing Indonesian railways within the next three years.“This is a challenge for the Directorate General of Railways,” said State Minister for State...
Tue, 12 Aug 2008
Trade between China and Indonesia Growing Fast
Tuesday, 12 August, 2008 | 15:00 WIBTEMPO Interactive, Jakarta: Trade between China and Indonesia during the first half of 2008 amounted to a total US$15 billion.Deputy Director for the Shanghai Foreign Economic Relations and Trade Commission Wang Qing Jiang said that trade was growing fast as this...
Tue, 12 Aug 2008
Shopping Centers Await New Electricity Tariff Structure
Tuesday, 12 August, 2008 | 14:43 WIBTEMPO Interactive, Jakarta: Business electricity customers (offices, hotels, and shopping centers) are waiting for the new electricity tariff structure from the Government.
Tue, 12 Aug 2008
Tourism industry mired in poor regulation, infrastructure
Vincent Lingga, The Jakarta Post, JakartaAlthough tourist arrivals in Indonesia increased by a respectable rate of almost 12 percent in the first half of the year to 2.9 million, that record is still far from the target of 7 million visitors set for the Visit Indonesia 2008 campaign.
Tue, 12 Aug 2008
Indonesia and Malaysia Agree to Secure Palm Oil Supply
Monday, 11 August, 2008 | 18:01 WIBTEMPO Interactive, Jakarta:Deputy-Coordinating minister for the economy, Bayu Krisnamurthi, explained that the collaboration will not be in the form of a cartel or a monopoly. “Malaysia and we have common interests,’ he said in Jakarta last week.
Tue, 12 Aug 2008
Singapore Seeks Clarification on Batam’s Status
Monday, 11 August, 2008 | 18:15 WIBTEMPO Interactive, Jakarta:Lee said Singapore and Indonesia have collaborated well in Batam, Bintan and Karimun, islands grouped under the Riau Archipelago. “Certainty on Batam’s status will motivate Singaporean businesspeople to increase investment there,”...
Mon, 11 Aug 2008
Geothermal energy hangs on pricing plan
Alfian, The Jakarta Post, JakartaThe government has said geothermal power will contribute 30 percent to its 10,000 megawatts (MW) electricity program, but investment in the clean energy source is being threatened by an unexpected pricing plan.
Sun, 10 Aug 2008
President Yudhoyono launches energy efficiency movement
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono announced the National Energy and Water Efficiency Movement in the National Monument (Monas) square here on Sunday."We know that oil and fuel are becoming more and more expensive and electricity subsidies are becoming higher and higher.
Sun, 10 Aug 2008
A New Airport for Bali – Let Governor Pastika Decide
Emm, errr, let me guess where the new Airport will be?Where ever the most lucrative offer comes from I would think?http://www.balibs.org/news-update/Police_Chief_Made_Pastika.shtml
Sat, 09 Aug 2008
A New Airport for Bali – Let Governor Pastika Decide
Tourism Minister Wacik Says Egotism Should not Play a Role in Solving Bali's Need for More Airport Capacity.(8/9/2008) Indonesia’s Minister of Culture and Tourism, Jero Wacik, used the opening of the Sanur Village Festival on Thursday, August 7, 2008, to remind that Bali is in need of a new or...
Sat, 09 Aug 2008
S. Korean firms to invest $200m in RI shoes industry Mustaqim Adamrah , The Jakarta Post , Jakarta | Sat, 08/09
Three unnamed South Korean shoemakers are set to invest US$200 million in Indonesia, with two planning to build new factories and the third to expand output of Adidas shoes at its existing site.Eddy Widjanarko, chairman of the Indonesian Shoemakers Association, said Friday the two new factories...
Sat, 09 Aug 2008
More work needed to meet tourism target
The Jakarta Post, Jakarta Indonesia, Southeast Asia's largest economy, has been cashing in from increasing foreign tourist arrivals, thanks to better security, more money on promotion and mushrooming leisure events.Between January and June this year, the country recorded a 11.