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Wed, 16 Aug 2006
Govt puts 41 oil and gas contracts on the block
Govt puts 41 oil and gas contracts on the blockThe Jakarta Post, JakartaThe government is inviting foreign and domestic investors to exploit 41 onshore and offshore oil and gas blocks in onshore and offshore Sumatra, Kalimantan, Sulawesi and Java under production-sharing schemes to help boost the...
Wed, 16 Aug 2006
Indonesia finally gets 3G; Telkomsel leading the pack
Indonesia finally gets 3G; Telkomsel leading the packAndi Haswidi, The Jakarta Post, JakartaThe country's largest cellular operator, PT Telkomsel, launched its third-generation (3G) service Tuesday, marking the first commercial introduction of 3G to Indonesia.
Tue, 15 Aug 2006
CPO exports to India expected to reach 1.4 million tons this year
CPO exports to India expected to reach 1.4 million tons this yearThe Jakarta Post, JakartaAn industry association has revised upward Indonesian's exports of palm oil products to India after the latter cut import duties last week.
Tue, 15 Aug 2006
Bakrie Telecom's net revenue up 150%
Bakrie Telecom's net revenue up 150%The Jakarta Post, JakartaBakrie Telecom Tbk (BTEL), one of the country's CDMA-based mobile telecommunications providers, booked net revenues of about Rp 254.1 billion (US$27.4 million) in the first half of the year, a 150 percent increase from the Rp 101.
Tue, 15 Aug 2006
Indonesia struggles to attract investment
Indonesia struggles to attract investmentBy Shawn Donnan in JakartaPublished: August 14 2006 09:17 | Last updated: August 14 2006 12:42Indonesia is continuing to struggle to attract badly needed investment, new figures showed on Monday, in a sign the business-friendly promises of President Susilo...
Mon, 14 Aug 2006
Indonesia’s Investment Competitive Power Second Lowest in the World
Indonesia’s Investment Competitive Power Second Lowest in the WorldMonday, 14 August, 2006 | 17:05 WIBTEMPO Interactive, Jakarta: Indonesia's competitive power as regards an investment country of destination is evaluated as extremely low compared to other countries in the world.
Mon, 14 Aug 2006
Signs point to economic rebound
Signs point to economic reboundUrip Hudiono, The Jakarta Post, JakartaA rosier economic picture is expected to emerge in the second half of the year, with increased growth forecast after a recent easing of inflation and interest rates.
Mon, 14 Aug 2006
Workers' survival hinges on robust business, not on rigid labor rules
Workers' survival hinges on robust business, not on rigid labor rulesSahminan, JakartaIn many countries, the government is often at odds with workers. In Indonesia that situation happens, too. Recently, for example, the government draft on the revision of the 2003 Labor Law triggered the anger of...
Sat, 12 Aug 2006
AFTA bearing fruit in raising trade and investment inflows
AFTA bearing fruit in raising trade and investment inflowsKuala Lumpur (ANTARA News) - Tariff reductions by member countries under the Asean Free Trade Area not only raised intra-Asean trade substantially to US$269.8 billion last year from US$233.
Fri, 11 Aug 2006
Jakarta Proposes to be Special Economics Region
Jakarta Proposes to be Special Economics RegionFriday, 11 August, 2006 | 19:36 WIBTEMPO Interactive, Jakarta: The regional government of Jakarta Special Territory (DKI) is proposing to be Indonesia’s Special Economics Region (KEKI).
Fri, 11 Aug 2006
Minister throws down gauntlet to corporations
Minister throws down gauntlet to corporationsUrip Hudiono, The Jakarta Post, JakartaThe finance minister seems to have run out of patience with the sort of dodgy, opaque and misleading accounts that are regularly submitted by the nation's firms.
Fri, 11 Aug 2006
Govt to change meat import policy
Govt to change meat import policyThe Jakarta Post, JakartaThe government is drafting new regulations that will allow meat to be imported from some countries that have a history of foot-and-mouth disease.
Fri, 11 Aug 2006
DPD to stage local investment forum
DPD to stage local investment forumAndi Haswidi, The Jakarta Post, JakartaIn the hope of encouraging the country's regions to become more proactive and receptive toward inward investment, the Regional Representatives Council (DPD), in collaboration with a global event organizer, will host an event...
Fri, 11 Aug 2006
Lessons from China's success in developing special economic zones
Lessons from China's success in developing special economic zonesYuliana Bahar, Quangzhou, ChinaThe Special Economic Zones (SEZs) have served as one of China's important economic engines for more than two decades.
Fri, 11 Aug 2006
Indonesia says Australia's travel warning is harming economy
Indonesia says Australia's travel warning is harming economyJakarta (ANTARA News) - Indonesian Trade Minister Mari Pangestu complained on Thursday that Australia was harming her nation's economy and deterring new investment by warning travelers of the risk of terrorist attacks there.
Thu, 10 Aug 2006
PT Bakrie to build 11 more apartment towers in Jakarta
i can see a gross over-supply situation occurring very soon ...
Thu, 10 Aug 2006
PT Bakrie to build 11 more apartment towers in Jakarta
PT Bakrie to build 11 more apartment towers in JakartaJakarta (ANTARA News/Asia Pulse) - PT Bakrie Swasakti Utama (BSU) plans to build 11 apartment towers in the Rasuna Epicentrum, Jakarta with an estimated investment of Rp2.2 trillion (US$244 million).
Thu, 10 Aug 2006
RI to form investment policy committee
RI to form investment policy committeeCanberra (ANTARA News) - The Indonesian Government will set up a Committee of Investment Policy before the end of this year. "The formation of the committee was proposed by the coordinating minister for economic affairs.
Thu, 10 Aug 2006
Still a long way before biofuel is on the market
Still a long way before biofuel is on the marketNovan Iman Santosa, The Jakarta Post, JakartaImagine a world where a farmer could extract oil from his own crops, like palm, soy or peanut oil, and fill up the tank of his tractor.
Thu, 10 Aug 2006
Australian Investors Complain About Regional Autonomy
Australian Investors Complain About Regional AutonomyWednesday, 09 August, 2006 | 20:21 WIBTEMPO Interactive, Jakarta: Australian investors are complaining that such matters as regional autonomy and the weak coordination among governmental institutions are the greatest obstacles as regards...
Wed, 09 Aug 2006
Foreign oil firms to be allowed to buy, sell biofuel
Foreign oil firms to be allowed to buy, sell biofuelThe Jakarta Post, JakartaA regulatory package will soon be put in place to allow foreign oil firms such as Petronas of Malaysia and Shell of the Netherlands to distribute biofuel so as to boost competition on the domestic market, it was revealed...
Wed, 09 Aug 2006
Australians cool on Indonesia's Bali
Australians cool on Indonesia's BaliBy Gary LaMoshiBALI - Another high season after another bomb attack, and another struggle to recover for Bali's tourism-driven economy. After the terrorist bombings that targeted foreign tourists in October 2002, Bali, one of Asia's premier tourist destinations,...
Tue, 08 Aug 2006
IMF Executive Board Concludes 2006 Article IV Consultation
IMF Executive Board Concludes 2006 Article IV Consultation and Fifth Post-Program Monitoring Discussions with IndonesiaPublic Information Notice (PIN) No. 06/91August 7, 2006 Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of...
Mon, 07 Aug 2006
Indonesian CPO producers expect price rise to continue on growing demand
Indonesian CPO producers expect price rise to continue next year on growing demandJakarta (ANTARA News) - The rise in crude palm oil (CPO) prices is expected to continue until next year on growing demand, said Indonesian Palm Oil Producers Association (Gapki) chief Derom Bangun.
Mon, 07 Aug 2006
SBY woos Malaysian investors to invest in clean energy
SBY woos Malaysian investors to invest in clean energyM. Taufiqurrahman, The Jakarta Post, Kuala LumpurThe government appears to be serious about cutting its dependency on fossil fuel and pursuing the use of alternative energy derived from biofuel.
Mon, 07 Aug 2006
hoyono promises to improve services to foreign investors
Yudhoyono promises to improve services to foreign investorsM. Taufiqurrahman, The Jakarta Post, SingaporeThe government has invited Singaporean businesspeople to invest in crucial projects and assured them it would trim the notorious red tape that deters many investors from entering the country.
Mon, 07 Aug 2006
Indonesian leader in Singapore to drum up investments
Sunday August 6, 3:55 PMIndonesian leader in Singapore to drum up investmentsIndonesia's President Susilo Bambang Yudhoyono has said his government was working hard to improve his country's business climate as he sought to drum up more investment from Singapore.
Sat, 05 Aug 2006
RI supplies 43 percent of world CPO market
branching out from grandmas to apes now PB?
Sat, 05 Aug 2006
RI supplies 43 percent of world CPO market
Quote:Originally posted by Ena: and the poor orangutans are being made homeless. Happy to have one move in with me, so long as she is cute and single......
Sat, 05 Aug 2006
RI supplies 43 percent of world CPO market
and the poor orangutans are being made homeless.
Sat, 05 Aug 2006
RI supplies 43 percent of world CPO market
RI supplies 43 percent of world CPO marketJakarta (ANTARA News) - Indonesia accounted for some 43 percent of the world`s crude palm oil (CPO) production totalling 36.5 million tons and Malaysia for 43.3 percent, Astra Agro Lestari (AALI) director Julie Syaftari said here on Friday.
Sat, 05 Aug 2006
Japan to assist Gorontalo maize farmers
Japan to assist Gorontalo maize farmersGorontalo (ANTARA News) - Japan has promised to provide 20 units of Yanmar and Kubota tractors for Gorontalo maize farmers to help increase their production, Yasin Muhamad of Gorontalo`s Agriculture and Food Resilience Service said here on Friday.
Sat, 05 Aug 2006
Indonesia allots 6 mln hectares for biofuel
Indonesia allots 6 mln hectares for biofuelPutrajaya (ANTARA News) - Indonesia has earmarked 6 million hectares for development of its biofuel industry, part of plans to reduce its dependence on crude oil and susceptibility to price fluctuations, its energy minister said Friday.
Thu, 03 Aug 2006
10 commodities selected for priority export program
10 commodities selected for priority export programThe Jakarta Post, JakartaThe government has prepared a package of policies to boost the competitive edge of the country's 10 main commodities in the international market.Trade Minister Mari E.
Wed, 02 Aug 2006
Indonesia Medco-Led Consortium Wins $600 Million Power Project
Indonesia Medco-Led Consortium Wins $600 Million Power Project 08-01-06 11:08 PM ESTJAKARTA -(Dow Jones)- A consortium led by PT Medco Energi Internasional ( MEDC.JK) has won a bid issued by Indonesia's state-run utility company to build a 340-megawatt geothermal power plant in North Sumatra...
Wed, 02 Aug 2006
IDB Interested to Fund Housing
IDB Interested to Fund HousingTuesday, 01 August, 2006 | 17:47 WIBTEMPO Interactive, Jakarta: The Islamic Development Bank (IDB) is interested and ready to participate in funding housing construction in Indonesia.
Wed, 02 Aug 2006
Investors Aiming for SOE Privatization
Investors Aiming for SOE PrivatizationTuesday, 01 August, 2006 | 17:44 WIBTEMPO Interactive, Jakarta: Investors at the stock exchange are waiting for the policy of privatization of several State-Owned Enterprises (SOEs) to be enacted.
Mon, 31 Jul 2006
Govt told to limit oil contracts with foreign firms
Govt told to limit oil contracts with foreign firmsThe Jakarta Post, JakartaLocal companies grouped under the National Oil and Gas Caucus have asked the government to limit oil and gas cooperation contracts with foreign firms to one contract period.
Mon, 31 Jul 2006
Australians need not be wary about doing business here: IABC executive
Australians need not be wary about doing business here: IABC executiveDuncan Graham, The Jakarta Post, SurabayaIt would be an error to assume all the Caucasians seen at any meeting of the East Java branch of the Indonesia-Australia Business Council (IABC) are Australian.Some are British nationals.
Mon, 31 Jul 2006
Indonesian economy continues to lose altitude
Indonesian economy continues to lose altitudeThe Jakarta Post, JakartaIf Indonesia's economy was a jumbo jet, it would be flying on the single engine of exports at the moment, with the other engines of private consumption, investment and government spending having stalled out.
Sat, 29 Jul 2006
Promoting biofuel as a way of alleviate poverty
Promoting biofuel as a way of alleviate povertyBenget Simbolon Tnb., The Jakarta Post, JakartaThe government has stated that it will pursue the development of biofuels -- alternatives to oil-based fuels -- as a way of alleviating poverty in Indonesia.
Fri, 28 Jul 2006
Advertising Expenditures for First Half of 2006 Decline
Advertising Expenditures for First Half of 2006 DeclineFriday, 28 July, 2006 | 16:31 WIBTEMPO Interactive, Jakarta: Advertising expenditures for the electronic and printed media for the first half of this year have decreased to Rp13.6 trillion.
Fri, 28 Jul 2006
Natrindo Invests US$200 Million for Celluar Phone Network
Natrindo Invests US$200 Million for Celluar Phone NetworkFriday, 28 July, 2006 | 17:04 WIBTEMPO Interactive, Jakarta: PT Natrindo Telepon Seluler has prepared US$200 million or around Rp1.8 trillion for building the third generation cellular phone network (3G) in Jakarta.
Fri, 28 Jul 2006
Singapore receives record visitors in June, RI the biggest source
Singapore receives record visitors in June, RI the biggest sourceSingapore (ANTARA News) - Singapore's visitor arrivals in June rose 5.3 percent from a year earlier to a record 787,704, the tourism board said Thursday.
Fri, 28 Jul 2006
Serviced apartments up pressure on hotels
Serviced apartments up pressure on hotelsAnissa S. Febrina, The Jakarta Post, JakartaFor Jakarta's hoteliers, competition these days comes not only in the form of other hotels, but also from serviced apartments.
Thu, 27 Jul 2006
Islamic bank to finance energy projects in Indonesia
Islamic bank to finance energy projects in IndonesiaThe Islamic Development Bank (IDB) would finance electricity projects in Indonesia that could be valued at 30 billion U.S. dollars, IDB Vice President Amadou Boubacar Cisse said here Thursday.
Thu, 27 Jul 2006
Indonesia Government To Offer 41 New Oil, Gas Blocks In Aug
Indonesia Government To Offer 41 New Oil, Gas Blocks In Aug07-26-06 05:49 AM ESTJAKARTA -(Dow Jones)- The Indonesian government will next month offer 41 new oil and gas blocks to local and foreign oil companies, Oil and Gas director general at the Energy and Mineral Resources Ministry Luluk...
Thu, 27 Jul 2006
Standard and Poor's upgrades Indonesia ratings
Wednesday July 26, 2:16 PMStandard and Poor's upgrades Indonesia ratingsInternational ratings agency Standard and Poor's raised Indonesia's long-term foreign and local currency ratings on the country's improving fiscal and external performance.
Thu, 27 Jul 2006
Ayda Sulianti: From the Rag Trade to Freight Forwarding
Wednesday, July 26, 2006AYDA SULIANTIFROM THE RAG TRADE TO FREIGHT FORWARDING© Duncan Graham 2006Transplanting Western business values and management systems into Indonesia is no simple task, as many foreign experts have found.