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Wed, 12 Jan 2011
Govt supports seaweed cultivation in Wakatobi and Muna
Kendari, Southeast Sulawesi (ANTARA News) - Southeast Sulawesi provincial government fully supports the development of seaweed cultivation in Wakatobi and Muna districts.Governor Nur Alam said here on Tuesday that the local government`s support was given to the two districts in their effort to...
Wed, 12 Jan 2011
Government Develops Business Port
TEMPO Interactive, Tegal:The Tegal Municipality will develop a business port to facilitate the delivery of goods and revive inactive port businesses.“Developing ports to be business ports can reduce the loading-unloading capacity at Tanjung Priok Port in Jakarta and facilitate the delivery of...
Wed, 12 Jan 2011
Central Java Speeds Up Coffee Exports
TEMPO Interactive, Semarang:The Central Java provincial government will continue to boost coffee production both for domestic consumption and export.“The coffee export target from Central Java by 2013 will be 50,000 tons,” Teguh Winarno, the Central Java Plantation Office chief said yesterday.
Tue, 11 Jan 2011
Why Indonesia deserves a credit upgrade
Indonesian stocks suffered a dramatic 4.2 per cent tumble on Monday, amid rising concern over inflation. But that should not distract attention from the underlying strength of south-east Asia’s largest economy, writes HSBC’s Wellian Wiranto.
Tue, 11 Jan 2011
Businesses blast power tariff hike for industry
Businesses condemned state electricity company PT PLN's decision to revoke a cap on the electricity basic tariff hike for industry starting this month, saying that such policies may hinder the development and competitiveness of the sector.
Tue, 11 Jan 2011
Mining Investment Target Too Low
TEMPO Interactive, Jakarta:The Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s investment target in the mineral and coal sector can be improved.“The figure does not reflect the reality. Every year, there are thousands of new mines.
Mon, 10 Jan 2011
Expensive Yogya Batik Hampers Exports
TEMPO Interactive, Yogyakarta:Yogya’s refined batik is not considered saleable enough for overseas sales. The main cause is its expensive price and the fact that it is not massively produced.In October 2010, batik exports was only 0.50 million kilogram with a value of US$ 2,92 million.
Mon, 10 Jan 2011
Waiting for Common Sense to Prevail
...just like everyone else here then. The glorious socialist 5 minute plan.
Mon, 10 Jan 2011
Waiting for Common Sense to Prevail
it's completely out of control. infrastructure is splitting at the seams. regency and provincial govts are run by complete utter morons still coming to terms with the 19th century. and absolute minimal planning.
Mon, 10 Jan 2011
Waiting for Common Sense to Prevail
Well yeah I guessed many would be villas, but don't you get the impression that Bali is fast approaching saturation point?
Mon, 10 Jan 2011
Waiting for Common Sense to Prevail
it's a rather broad definition of "hotel". Most are private villas that may be rented to 3rd parties from time to time. the govt and 5* hotels in bali get all rather hot and flustered about villas.
Mon, 10 Jan 2011
Waiting for Common Sense to Prevail
55,000 hotels on an island that size? Jesus. Bali's gonna sink soon. The irony being that every other tourist destination in the country is virtually deserted. I've seen paddling his canoe around one of them...
Sun, 09 Jan 2011
India, Indonesia to set $20 bn bilateral trade target
New Delhi, Jan 8 (IANS) India and Indonesia aim to strengthen bilateral economic ties setting a $20 billion trade target for 2015 and to begin negotiations for a Comprehensive Economic Cooperation Agreement (CECA).
Sun, 09 Jan 2011
Waiting for Common Sense to Prevail
Bali's Governor Must Seek Regional Agreement to Call a Halt to New Hotel Development.Jakarta Globe reports that Bali governor Made Mangku Pastika may heed growing calls to institute a moratorium on new hotel development in the southern regions of the island.
Sun, 09 Jan 2011
The World's Beating a Path to Bali's Doorstep
Bali by the Numbers: Best Year Ever as Bali will End 2010 with Almost 2.5 million Foreign Visitors.Foreign tourist arrivals to Bali for November 2010 totaled 194,152 an improvement of 18.72% over November 2019.
Sun, 09 Jan 2011
Property industry projected to flourish this year
Bandung, West Java (ANTARA News) - A company president director said the prospect of property business in Indonesia is brighter and the business is projected to flourish with growth expected to be around 20 to 30 percent.
Sat, 08 Jan 2011
Government Remains Cautious Over Foreign Investment in Mining Sector
Supported by LivingInIndonesia.infoFor expats & foreignresidents in IndonesiaAbout | Popup Oh dear dear Kuku. Kindly remove this outrage from our homepage.
Sat, 08 Jan 2011
Government Remains Cautious Over Foreign Investment in Mining Sector
The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors turn to Indonesia to capitalize on possible increases in global commodities, an Energy Ministry official said.
Sat, 08 Jan 2011
Faced With Skyrocketing Food Prices, Indonesian Govt to Speed Up Work on Food Estate
The government has pledged to speed up development of a large-scale food production area and curb farmland conversion in a bid to slow rising food prices.“We will go all out in tackling this problem. Last year, the food estate development encountered several problems related to spatial planning,...
Fri, 07 Jan 2011
New policy needed to secure agricultural lands: President
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said Indonesia needs a new policy or regulation to secure agricultural lands to prevent them from being used for non-agricultural purposes."A new policy or regulation is really needed to secure agricultural lands.
Fri, 07 Jan 2011
Babel to cultivate 1 million tons of seaweed
Pangkalpinang, Babel Province (ANTARA News) - Bangka-Belitung (Babel) province has set itself the target of cultivating one million tons of seaweed up to 2015 in the region`s coastal waters.A spokesman of Babel`s marine and fisheries office, Fhores Fherado, said here on Thursday seaweed had a high...
Fri, 07 Jan 2011
Govt to pursue nine ways to stabilize food prices
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said the government would implement nine solutions to keep the domestic food prices stable in the midst of rising world food prices."The solutions we are going to implement are approaches from first downstream and later to...
Fri, 07 Jan 2011
Vegetable seed exports reach US$22.67 million
Jakarta (ANTARA News) - Indonesia`s exports of vegetables` seeds in 2010 reached US$22.67 million, up by more than US$9 million from US$13.71 million in 2009.The director general of horticulture of the ministry of agriculture, Hasanuddin Ibrahim, said here on Thursday the seeds exported come from...
Thu, 06 Jan 2011
More cruise ports can boost tourism: Govt
Indonesia is planning to build more cruise ports in efforts to increase numbers of foreign visitors who come here on cruises.Culture and Tourism Minister Jero Wacik said Thursday he wanted new cruise ports in at least Bali and the Raja Ampat Islands in West Papua.
Thu, 06 Jan 2011
‘Eat Pray Love’ is helping Bali tourism: Official
http://metromad.blogspot.com/2010/11/normal-0-false-false-false.html
Thu, 06 Jan 2011
‘Eat Pray Love’ is helping Bali tourism: Official
Julia Roberts’ Eat Pray Love has apparently helped boost tourism in Bali, with the province’s tourism agency reporting an increase in the number of visitors after the movie was released.Bali tourism agency head Ida Bagus Kade Subhiksu said Wednesday there had been an increase in the number of...
Thu, 06 Jan 2011
Indonesia Expecting $145 Billion in Exports Outside of Energy Sector
Jakarta. Indonesia has forecast non-oil and gas exports to increase 15 percent this year as more companies sell their goods overseas, Trade Minister Mari Elka Pangestu said.Exports barring oil and gas are projected to reach $145 billion this year from last year’s forecast of $126.
Thu, 06 Jan 2011
Exports of Manufacturing Industry Achieve Highest Record
TEMPO Interactive, Jakarta:Industry Minister M.S. Hidayat is optimistic that exports of manufactured goods last year will surpass its 2008 performance. If this can be proven, the manufacturing industry’s export value will reach its highest point in the last five years.
Thu, 06 Jan 2011
Indonesia to Provide Clean Water to Singapore
TEMPO Interactive, Jakarta:Indonesia will provide clean water and energy to Singapore. The city-state is expected to experience a water shortage by 2015. The clean water supply will be sent from Batam, Bintan and Karimun (BBK) due to its close location to Singapore.
Thu, 06 Jan 2011
Bio-diesel Usage on the Increase
TEMPO Interactive, Jakarta:Paulus Tjakrawan, secretary-general of the Indonesian Bio-fuel Producer Association, estimated the usage of subsidized bio-diesel this year will reach 590,000 kiloliters, a slight increase compared to last year.
Thu, 06 Jan 2011
President cites need for government administration law
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has stressed the need for a law on government administration for Indonesia so that good governmental management can be realized and a clear differentiation be made between the authorities, duties and responsibilities of the central and...
Thu, 06 Jan 2011
Golkar politician slams minister Hatta Rajasa for unrealistic statements
Jakarta (ANTARA News) - A Golkar Party politician has criticized chief economic minister Hatta Rajasa for creating a "false sense of pride" by his statements that Indonesia now was one of the world`s 18 economic powers.
Thu, 06 Jan 2011
BI governor: Indonesian economy remains strong
Jakarta (ANTARA News) - Bank Indonesia believes the country`s economy will remain strong with its gross domestic product in 2011 and 2012 growing by 6.3 percent driven by strong domestic demand, especially investment.
Thu, 06 Jan 2011
Cultured fish production grows strongly
Jakarta (ANTARA News) - Marine Affairs and Fishery Minister Fadel Muhammad said on Wednesday fish production target set for 2010 was achieved, both from catching and aqua-culturing activities."Fish production from catching and culturing operations amounted to 10.
Thu, 06 Jan 2011
Govt to increase CPO exports by 16 percent
Jakarta (ANTARA News) - The government intends to increase crude palm oil (CPO) exports in 2011 by 16 percent from the previous year`s figure, a minister said."CPO and all of its exportable derivatives are targeted to grow 16 percent with a 1.
Thu, 06 Jan 2011
RI to boost non-oil, non-gas exports to cover trade deficit
Jakarta (ANTARA News) - Indonesia intends to export more non-oil/non-gas commodities in 2011 to cover its swelling trade deficit with China, a trade official said."The deficit can be lowered by increasing exports, coupled with efforts to improve the quality and added value of the...
Thu, 06 Jan 2011
Pertamina needs new exploration technology to meet 2011 production target
Jakarta (ANTARA News) - To boost its production in 2011, PT Pertamina EP, a subsidiary of state oil and gas firm PT Pertamina, needs not only to find new reserves but also a new exploration concept and technology, an analyst said.
Wed, 05 Jan 2011
BPS reports sea freight decline
Domestic sea freight from January to November 2010 reached 9.9 million tons, a 27.2 percent decrease compared to the same period last year, the Central Statistics Agency (BPS) reports.According to BPS data, Panjang, Lampung and Surabaya’s Tanjung Perak ports saw a 14.4 percent and 5.
Wed, 05 Jan 2011
Minister : Capital inflow for direct investment to rise
Jakarta (ANTARA News) - Chief economic minister Hatta Rajasa said he believed foreign capital inflow for direct investment would rise this year."In 2011 it will increase by more than US$12 billion," he said here on Tuesday.
Wed, 05 Jan 2011
Indonesia hopes Singapore`s investment to rise 50 percent
Jakarta (ANTARA News) - Indonesia hopes Singapore`s investment in Indonesia will rise by up to 50 percent in 2011, chief economic minister Hatta Rajasa said here on Tuesday."Singapore`s investment in Indonesia in 2010 was recorded at around five billion US dollars.
Tue, 04 Jan 2011
Plant closure threatens 1,200 jobs
Up to 1,200 people could lose their jobs following the announcement that a Japan-based electronics manufacturer plans to close its plant in Batam, Riau Islands, in April.The management of PT Panasonic Shikoku Electronics Batam said it would close down the plant because production costs there were...
Tue, 04 Jan 2011
Bali Underpass Project Bogged Down by Land Issues
Bali Land Owners Unprepared to Surrender Land Needed for Simpang Siur Underpass Project.The Regent of Badung A.A. Gde Agung has admitted to the Bali Post that the planned underpass at the Simpang Siur intersection in Kuta is being held up by disagreements with local land owners refusing to...
Tue, 04 Jan 2011
135-Room Hotel Under Construction in Kuta, Bali
In the midst of calls for a moratorium on new hotel construction in Bali, PT Intiwhiz has commenced construction of a 135-room hotel on Jalan Kartika Plaza in Kuta.The property will operate under the brand Grand Whiz.
Tue, 04 Jan 2011
President says he prefers pragmatism
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said he agreed and liked pragmatism in dealing with economic affairs based on principles of nationalism."We are called on to be pragmatic.
Tue, 04 Jan 2011
China interested in building ports in Papua
Jakarta (ANTARA News) - China has been reported to become interested in making an investment in ports in Papua."On January 5, 2011, a Chinese representative mission will meet the Papua administration in Jayapura," Transportation Minister Freddy Numberi told the press prior to an economic...
Tue, 04 Jan 2011
International port project canceled
Samarinda, E Kalimantan (ANTARA News) - The Maloy International Port project in East Kutai district needs to be canceled in view of the many reefs which have to be removed, a member of the local Legislative Council (DPRD), Syaifuddin said.
Tue, 04 Jan 2011
Trade Minister visiting Jakarta for discussions
MINISTER for Trade and Industry Lim Hng Kiang, will be in Jakarta from Monday to Tuesday.He will be attending a ministerial meeting with Indonesian Coordinating Minister for Economic Affairs Hatta Rajasa and other senior officials to discuss the progress of the six joint Economic Working Groups...
Sat, 01 Jan 2011
A Softening of Bali's Domestic Market?
Bali Hoteliers in Sanur, Ubud and Nusa Dua Say Christmas-New Year 'Fully-Booked' Situation Did not Materialize.The State news agency Antara reports that an anticipated downturn in domestic tourists to Bali over the Christmas and New Years holiday 2010-2011 has resulted in lower occupancy rates in...
Sat, 01 Jan 2011
Indonesia to Offer Geothermal Drilling Rights in Block Tender Next Year
Indonesia will seek bids for 50 new oil and gas blocks next year through tenders and direct offers to help boost output, said Evita Legowo, director general of oil and gas at the Energy and Minerals Resources Ministry.
Sat, 01 Jan 2011
Government Eager to Achieve 7 Percent Economic Growth
TEMPO Interactive, Bogor:President Susilo Bambang Yudhoyono is eager for Indonesia to achieve a 7-8 percent economic growth by 2014. The rate is above this year’s economic growth, which is expected to reach 6 percent.