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Wed, 16 Jul 2008
Indonesia to launch palm-biodiesel in September
All the worshipful JC'ers are going to club together and buy one.Can you turn Orang Utan chunks into bio-diesel?
Wed, 16 Jul 2008
Indonesia to launch palm-biodiesel in September
Originally Posted By: Roy's HairThere go the Orang Utans. Poor bleeders. This hero won't save the day?
Wed, 16 Jul 2008
Indonesia to launch palm-biodiesel in September
Originally Posted By: Capt. MainwaringOriginally Posted By: KuKuKaChuorang utans cannot stand in the way of progress. that's probably why they never evolved into humans. Some did. i know, capt, i know. and we all think you're very clever. here's a banana
Wed, 16 Jul 2008
Indonesia to launch palm-biodiesel in September
Originally Posted By: KuKuKaChuorang utans cannot stand in the way of progress. that's probably why they never evolved into humans. Some did.
Wed, 16 Jul 2008
Indonesia to launch palm-biodiesel in September
orang utans cannot stand in the way of progress. that's probably why they never evolved into humans.
Tue, 15 Jul 2008
Indonesia to launch palm-biodiesel in September
There go the Orang Utans. Poor bleeders.
Tue, 15 Jul 2008
Climate, demand boost coffee exports
The Jakarta Post, Takengon, Nangroe Aceh Darussalam Abundant harvests and soaring demand from non-traditional coffee importers propelled Indonesia's coffee bean exports during the first half of the year, allowing the country to cash in on the high global price of the commodity.
Tue, 15 Jul 2008
Tax office intensifying tax collection
Aditya Suharmoko, The Jakarta Post, JakartaThe tax office remains confident of achieving its full-year tax target, despite collecting only 42 percent of the figure in the first half of the year, or Rp 265.18 trillion (US$28.82 billion).
Tue, 15 Jul 2008
Tax office intensifying tax collection Aditya Suharmoko , The Jakarta Post , Jakarta | Tue, 07/15/2008 10:36 AM
Aditya Suharmoko, The Jakarta Post, JakartaThe tax office remains confident of achieving its full-year tax target, despite collecting only 42 percent of the figure in the first half of the year, or Rp 265.18 trillion (US$28.82 billion).
Tue, 15 Jul 2008
Semester 1 investment grows 56.2 percent
Novia D. Rulistia, The Jakarta Post, JakartaRealized investment in Indonesia grew 56.2 percent in the year's first half compared to in the same period last year, with robust foreign investments offsetting a domestic decline, the Investment Coordinating Board (BKPM) says.
Tue, 15 Jul 2008
Semester 1 investment grows 56.2 percent Novia D. Rulistia , The Jakarta Post , Jakarta | Tue, 07/15/2008 10:3
Novia D. Rulistia, The Jakarta Post, JakartaRealized investment in Indonesia grew 56.2 percent in the year's first half compared to in the same period last year, with robust foreign investments offsetting a domestic decline, the Investment Coordinating Board (BKPM) says.
Tue, 15 Jul 2008
Local govts may levy environment tax on businesses
Local governments may soon tax industries found to be causing environmental damage, a ministry official says.Budi Sitepu, Finance Ministry director of regional tax and retribution, said the tax would amount to 0.
Tue, 15 Jul 2008
Indonesia to launch palm-biodiesel in September
The world's biggest palm oil producer is aiming to make mandatory the use of a 2.5% blend of biodiesel by September this year, the chairman of the National Biodiesel Development Team said, Reuters reported.
Tue, 15 Jul 2008
Shell plans to build storage tanks by 1Q 2009
Royal Dutch Shell Plc plans to build its first terminal and six tanks in Indonesia to store fuels imported to meet the country's rising demand, a company spokeswoman said, Dow Jones reported.Three of the 5,000-kilolitre tanks in Gresik, East Java, are expected to be ready by the first quarter of...
Tue, 15 Jul 2008
Kawan Lama sells 10% stake in Ace Hardware
PT Kawan Lama Sejahtera, the majority shareholder of PT Ace Hardware, said it has sold a 10% stake in the company to the investing public, Asia Pulse reported.Kawan Lama Director Hartanto Djasman said his company retains 59.97% in Ace Hardware. This year Ace Hardware is set to chalk up Rp1.
Tue, 15 Jul 2008
Hexindo posts 120% jump in H1 heavy equipment sales
Sales by heavy equipment sales agent PT Hexindo Adiperkasa shot up 120% to 1,100 units in the first half of 2008 from the same period last year, Asia Pulse reported.Excavators of 10-30 tons contributed 90% of sales with big machines of 120-800 tons accounting for the rest; Investor Daily quoted a...
Tue, 15 Jul 2008
Aceh Hopes growth triangle can bring investment
A business forum of the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) will be meaningful for the people of Nanggroe Aceh Darussalam (NAD) if the initiators of the forum can persuade businessmen to invest in the province, Asia Pulse reported.
Tue, 15 Jul 2008
Indonesian new car sales could revisit record levels this year
From what I understand there is a gentlemen or 2 well connected with the D P R that get cash from unexplained sources, buy expensive CBU cars and then 1 or 2 months later put them back up for sale thus washing said funds, am told funds invested in these cars reach 17 to 20 billion IDR each month....
Mon, 14 Jul 2008
Indonesian new car sales could revisit record levels this year
Jakarta (ANTARA News) - A consistent rise in new car sales during the first six months of this year despite a hike in fuel prices has raised hopes that full year sales could revisit record levels, an industry official said on Monday.
Mon, 14 Jul 2008
Decentralization hits Indonesian investment in mining
An ongoing dispute between the central and local governments over the disbursement of authority to manage licenses for mining operations is unlikely to be resolved any time soon, the Jakarta Post daily on Monday reported.
Mon, 14 Jul 2008
Pertamina to become non-publicly listed company in 2009
Jakarta (ANTARA News) - State oil and gas company Pertamina has set itself a target of becoming a non-publicly listed company in 2009 at the latest following the conclusion of an audit on its financial conditions.
Mon, 14 Jul 2008
Indonesia`s 1st semester cement consumption rises 21 pct
Jakarta (ANTARA News) - Indonesia's cement consumption during the first half of 2008 surged 21 percent from a year ago supported by growing construction activities, a producer association report showed on Monday.
Sun, 13 Jul 2008
RI to study Brazil`s success in using ethanol energy
Jakarta (ANTARA News) - Indonesia intends to study Brazil`z success in developing ethyl alcohol as an ethanol-based alternative energy source.The intention was expressed in a memorandum of understanding (MoU) which was signed by Indonesia`s Agriculture Minister Anton Apriantono and Brazilian...
Sun, 13 Jul 2008
Thai `eco` car threat to RI auto industry
Jakarta (ANTARA News) - Chairman of Indonesia`s Motor Vehicle Industries Association (Gaikindo), Bambang Trisulo, said that the Thai government`s policy to produce `eco car` could threaten Indoneia`s automotive industries."It is a threat to us if Thailand has begun to produce eco cars.
Sun, 13 Jul 2008
Brazil, Indonesia pledge biofuel cooperation
Brazilian President Luiz Inacio Lula da Silva and his Indonesian counterpart pledged cooperation on biofuels during talks here yesterday in a bid to take advantage of surging oil prices.Lula and President Susilo Bambang Yudhoyono signed off on an agreement to share knowledge on biofuel technology...
Sat, 12 Jul 2008
Bio-Fuel Capacity Only 600,000 liters per Year
Friday, 11 July, 2008 | 19:19 WIBTEMPO Interactive, Jakarta:The Indonesian Bio-Fuel Association secretary-general, Paulus Tjakrawan said increasing the capacity will depend on how the bio-fuel market develops. Hence, the government will start requiring industries to use 2.
Sat, 12 Jul 2008
Industries asked to shift part of operation time to Saturdays, Sundays
Jakarta (ANTARA News) - Industries in Java and Bali are expected to switch part of their weekly operation time to Saturdays and Sundays to make more efficient use of electricity amid a temporary reduction in the national power supply starting next July 21, Industry Minister Fahmi Idris said.
Fri, 11 Jul 2008
RI seen avoiding impact of U.S. slowdown
Indonesia has managed, at least for now, to avoid grave impacts from the U.S. economic slowdown, as it is less dependent on the United States and has diversified its non-oil and gas exports, a report revealed Thursday.
Fri, 11 Jul 2008
Government asks Industry to Cut Electricity Usage by 50 percent
Thursday, 10 July, 2008 | 15:27 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PLN) suggested large consumer like industries and offices to reduce the electricity usage by 50 percent. “We can economize more,” said PLN's General Manager for distribution in Jakarta-Tangerang,...
Fri, 11 Jul 2008
Batam investors demand road repairs
Fed up after six years of neglect, investors in Batam have called on the government to do something about seriously damaged roads and port facilities that have caused billions of rupiah in business losses.
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
PLN doesn't want to invest in new plants, mostly because they can't really be arsed, they get paid one way or the other, and on the other hand if they want to build a new plant, there's about a dozen (or more) civil "servants" all holding up their hand for a proper little bit of palm...
Thu, 10 Jul 2008
Economy expands 6.2% in H1 on strong consumption, investment
Aditya Suharmoko, The Jakarta Post, JakartaThe economy has grown by 6.2 percent in the first half of the year on the back of strong consumption and investment, Finance Minister Sri Mulyani Indrawati said Wednesday.
Thu, 10 Jul 2008
Internationalization of RI firms: A necessity
The Academy of International Business (AIB), which celebrated its 50th anniversary this year in Milan, just concluded a few days ago. More than 1,100 scholars presented their work and gurus gave impressive talks about the past, present and future of international business.
Thu, 10 Jul 2008
Biofuel use soon to become mandatory
Alfian, The Jakarta Post, JakartaThe government will impose a new regulation in October demanding manufacturing companies use at least 2.5 percent biofuel in their fuel consumption to reduce their dependency on fossil fuel.
Thu, 10 Jul 2008
Indonesia, world's largest producer of palm oil, to force manufacturers to use biofuel
Indonesia, the world's largest producer of palm oil, plans to force manufacturers to use biofuels for some of their energy needs to reduce dependence on imported oil amid soaring global prices.The government also wants to cut spending on fuel subsidies, which were put in place decades ago to...
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
JAKARTA (Thomson Financial) - Foreign investors are shying away from Indonesia due to chronic power outages, the chairman of the country's business association said Tuesday as Jakarta prepared for two weeks of blackouts.
Thu, 10 Jul 2008
Government asks Industry to Cut Electricity Usage by 50 percent
Thursday, 10 July, 2008 | 15:27 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PLN) suggested large consumer like industries and offices to reduce the electricity usage by 50 percent. “We can economize more,” said PLN's General Manager for distribution in Jakarta-Tangerang,...
Thu, 10 Jul 2008
Poor farmers boosted by bioethanol boom
Cassava farmers in Lampung are reaping the benefits of bioethanol factories springing up in the area, The Jakarta Post reported.Bioethanol refineries, including PT Medco Energy, PT Acida Tama, PT Madusari Lampung Indah (MLI) and PT Sungai Budi, have flourished in the area, lifting production...
Thu, 10 Jul 2008
Bakrie Sumatera to increase stake in Agri Resources
Shareholders of PT Bakrie Sumatera Plantations, an Indonesia's third-biggest publicly traded plantation company, agreed to a proposal to take control of Agri Resources BV, Bloomberg reported. Bakrie Sumatera will spend $41 million to increase its stake in Agri Resources to 51% from 25%, president...
Thu, 10 Jul 2008
Antam to team up with India's Jindal to produce steel
State-owned mining company PT Aneka Tambang (Antam) has said it will build a nickel smelter and stainless steel plant this year, in cooperation with Jindal Stainless Ltd from India, Asia Pulse reported.
Thu, 10 Jul 2008
Trade minister promotes Batam, Bintan and Karimun in Japan
Trade Minister Mari Pangestu arrived in Tokyo on Monday to attend an investment seminar in which she will promote the Free Trade Zone (FTZ) in Batam, Bintan and Karimun (BBK) in Riau Islands province, Asia Pulse reported.
Thu, 10 Jul 2008
Eterindo to acquire two oil palm plantations
Publicly listed bio-diesel producer PT Eterindo Wahanatama will spend Rp206.45 billion ($22.8 million) this year to acquire oil palm plantations in East and West Kalimantan, Asia Pulse reported.The acquisition will be financed with funds raised from the sales of its shares worth Rp180.
Thu, 10 Jul 2008
Indofood to build two sugar refineries
Publicly listed food giant PT Indofood Sukses Makmur will invest Rp1.2 trillion ($128 million) to build two sugar refineries in Pati, Central Java and in Ogan Komering Ulu, South Sumatra, Asia Pulse reported.
Thu, 10 Jul 2008
Saudis plan Rp600B rice estate investment
A consortium of 15 Saudi Arabian investors is ready to take part in the Merauke Integrated Rice Estate (MIRE), injecting at least Rp600 billion ($65.04 million) into the region, an official says, The Jakarta Post reported.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
I beleieve Medco owned about 32% and also committed all of its assets within Brantas to resolving the issue. Again, on this occassion, Medco were similar to Santos as only EMP & Brantas were involved in day to day operations.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: Polisi CepekOriginally Posted By: DilliPolisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder.. And Lapindo Brantas, part of Medco Energi, which fancies itself as a multinational.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Santos were not involved in the day to day, they only put the money up. Interestingly, it appears they were also the only partner properly insured, but, that did not help their shares taking a beating.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliPolisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder..
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Cannot tell, never did any work with / for them, but I have heard a few stories which can be classified under "horror"
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
I assume CNOC doesn't fall under the "multinational" payung?