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Tue, 04 Jul 2006
Indonesia Achieves Highest Export Record Since Independence
Indonesia Achieves Highest Export Record Since IndependenceTuesday, 04 July, 2006 | 12:48 WIBTEMPO Interactive, Jakarta: Indonesia achieved export value amounting to US$8.34 billion in May this year, a 9.79 percent increase over the previous month.
Tue, 04 Jul 2006
Fahmi Proposes Tax Holiday
Fahmi Proposes Tax HolidayTuesday, 04 July, 2006 | 12:45 WIBTEMPO Interactive, Jakarta: Industry Minister Fahmi Idris believes tax holiday incentives (tax exemptions within a certain period) are necessary to be included in the Investment Bill.
Tue, 04 Jul 2006
Government blamed for messy port management
Government blamed for messy port managementRendi Akhmad Witular, The Jakarta Post, JakartaSmall domestic-bound ports that manage international containers are to blame for the massive scale of smuggling in the country and are preventing international ports from providing better services, an...
Tue, 04 Jul 2006
Bio-diesel may reduce oil bills by 10% up to 2010
Bio-diesel may reduce oil bills by 10% up to 2010The Jakarta Post, JakartaThe government is targeting a 10 percent reduction in the country's consumption of oil-based fuels by 2010 from the current level of 41 million kiloliters (kl) by promoting the production and use of bio-diesel.
Mon, 03 Jul 2006
Bio-fuel Factory Construction Plan to be Prepared
Bio-fuel Factory Construction Plan to be PreparedMonday, 03 July, 2006 | 14:25 WIBTEMPO Interactive, Jakarta: Purnomo Yusgiantoro, the Energy and Mineral Resources Minister, has said that the government is preparing an action plan for the construction of bio-fuel factories up to 2010.
Fri, 30 Jun 2006
Want to Job-Hop in Comfort? Move to Indonesia
he's got it wrong,.the labor law changed in february 2006,.if an employee resigns he has no entitlement if he is sacked for gross Misconduct and the proper procedures have been adhered too then he gets nothing,.
Fri, 30 Jun 2006
Want to Job-Hop in Comfort? Move to Indonesia
Want to Job-Hop in Comfort? Move to Indonesia: Andy Mukherjee June 29 (Bloomberg) -- A newspaper editor in Jakarta recalls his experience a few years ago when he resigned from a job to take another and the human-resources officer asked him to come and collect five months' pay before he left.
Fri, 30 Jun 2006
Batam to Become Investment Center
i think he mean Research and development of the ladies there
Fri, 30 Jun 2006
Batam to Become Investment Center
i sort of wondered too what he mean't by R&R ...but anyway, how many of these damn "one-roof" (sic) centres have we seen now?? all they accomplish is to add yet another layer of bureaucracy to what are already massively cumbersome processes.
Fri, 30 Jun 2006
Batam to Become Investment Center
Quote:Originally posted by mal-indo: (3) Implement R & R. And so fore. Doesn't Batam already have an established Rest and Recreation (R&R) industry with all those brothels, call girls, escort services, Jawa girls etc. etc.??
Fri, 30 Jun 2006
Batam to Become Investment Center
it will take a hell of year to do that. Saying some time is much easy that doing it or implimentation.In order to do that, my opinion. (1) to form a board (2) Invite some investors to be in the board. (3) Implement R & R. And so fore. It not easy at all.
Thu, 29 Jun 2006
Batam to Become Investment Center
Batam to Become Investment CenterThursday, 29 June, 2006 | 16:12 WIBTEMPO Interactive, Jakarta: The government will turn the islands of Batam, Bintan and Karimun into investment centers.“Those areas will be opened up to companies that can contribute a direct impact to the economy,” said...
Wed, 28 Jun 2006
Labor rights may be curbed to up investment SEZs
Labor rights may be curbed to up investment SEZsThe Jakarta Post, Jakarta, BatamThe government plans to relax the implementation of the labor legislation in the newly declared special economic zones (SEZs) on three major islands in Riau Island province, says the head of the Investment Coordinating...
Wed, 28 Jun 2006
Investors offered permanent residence
Investors offered permanent residenceThe Jakarta Post, JakartaProcedures for permanent residence will be eased for foreign investors and top executives in an effort to boost investment, an official said Tuesday.Government Regulation No.
Mon, 26 Jun 2006
RI, S'pore sign deal on economic zones
RI, S'pore sign deal on economic zonesTony Hotland, The Jakarta Post, BatamIndonesia plans to transform three major islands in Riau Islands province into special economic zones (SEZs) in a bid to draw much-needed direct foreign investment.
Mon, 26 Jun 2006
BKPM defends validity of its foreign investment data
BKPM defends validity of its foreign investment dataThe Jakarta Post, JakartaThe Investment Coordinating Board (BKPM) has defended the validity of its data on realized foreign investment, saying the figure is based on the total spending on implementation of foreign investment projects.
Mon, 26 Jun 2006
Singapore to help Jakarta build special zones to attract investors
Singapore to help Jakarta build special zones to attract investors Batam, Indonesia (ANTARA News) - Marked by the signing of an agreement, Indonesia invited Singapore on Sunday to help Jakarta establish special economic zones on three islands to lure foreign investors, particularly from Japan and...
Sun, 25 Jun 2006
Indonesia, Singapore ink economic zones deal
Indonesia, Singapore ink economic zones dealBATAM, Indonesia (AFP) - Indonesia and Singapore have signed an agreement to work together to establish special economic zones (SEZs) on three Indonesian islands.
Sun, 25 Jun 2006
Indonesia, Singapore to boost island cooperation
Indonesia, Singapore to boost island cooperationBATAM, Riau Islands (AP): The leaders of Singapore and Indonesia met Sunday to sign a deal that would help set up special economic zones on three islands that lie close to the city-state to attract much-needed foreign investors.
Sat, 24 Jun 2006
Indonesia speeds up partnership with Japan
Indonesia speeds up partnership with JapanJAKARTA - Indonesia's President Susilo Bambang Yudhoyono has called for the speeding up of ongoing negotiations on the proposed Indonesia-Japan Economic Partnership Agreement (EPA) so that it can be signed this year, a spokesman said.
Sat, 24 Jun 2006
Expensive House Market Still Promising
Expensive House Market Still PromisingFriday, 23 June, 2006 | 16:57 WIBTEMPO Interactive, Jakarta: Up to the beginning of the second half of this year, the market for expensive houses is still considered to be still promising.
Sat, 24 Jun 2006
Bakrie Brothers Target 30 percent Increase in Growth
Bakrie Brothers Target 30 percent Increase in GrowthFriday, 23 June, 2006 | 17:05 WIBTEMPO Interactive, Jakarta: PT Bakrie and Brothers Tbk is targeting a 30 percent growth in revenue this year.According to Bobby Gafur Umar, President Director of Bakrie and Brothers, the growth will mainly be...
Thu, 22 Jun 2006
FDI up slightly in first five months
FDI up slightly in first five monthsThe Jakarta Post, JakartaActual foreign direct investment (FDI) in Indonesia rose by 5.1 percent during the first five months of the year compared to the same period last year, the Investment Coordinating Board (BKPM) reported Tuesday.
Thu, 22 Jun 2006
Rp36 Billion Required to Repair Electricity Grid
Rp36 Billion Required to Repair Electricity GridWednesday, 21 June, 2006 | 16:54 WIBTEMPO Interactive, : The repairs to the electricity grid for the homes of Yogyakarta and Central Java earthquake victims will require Rp36 billion.
Thu, 22 Jun 2006
Economists: Agriculture Sector Worrying
Economists: Agriculture Sector WorryingWednesday, 21 June, 2006 | 17:45 WIBTEMPO Interactive, Manado: The productivity of the Indonesian agriculture sector has declined.Etty Puji Lestari, a member of the Association of Indonesian Economic Graduates (ISEI), has revealed that between 2001 and 2003, a...
Thu, 22 Jun 2006
Indonesia Military Businesses Hurting Reforms: Group
Associated PressIndonesia Military Businesses Hurting Reforms: GroupJAKARTA (AP)--The Indonesian military's involvement in business undermines efforts to reform the institution and perpetuates its reputation of being abusive, corrupt and above the law, an international rights group said Wednesday.
Fri, 16 Jun 2006
Govt told to simplify import procedures for oil industry
Govt told to simplify import procedures for oil industryThe Jakarta Post, JakartaThe Indonesian Petroleum Procurement Association (APPI) has called on the government to simplify import procedures for equipment used in oil and gas exploration and production.APPI's secretary-general M.H.
Fri, 16 Jun 2006
Bakrie Telecom plans to expand coverage to 17 cities next month
Bakrie Telecom plans to expand coverage to 17 cities next monthThe Jakarta Post, JakartaPublicly listed cellular phone provider PT Bakrie Telecom, which operates the CDMA-based esia mobile phone service, plans to expand its coverage to 15 cities in Banten and West Java next month in a bid to carve...
Fri, 16 Jun 2006
Cemex ready to drop lawsuit: Report
Cemex ready to drop lawsuit: ReportMexican cement giant Cemex SA is reportedly insisting on going through with a plan to sell its shares in state-owned cement producer PT Semen Gresik to local diversified business group Rajawali, but would drop its lawsuit against the Indonesian government.
Thu, 15 Jun 2006
Pertamina given two years to perform
Pertamina given two years to performTony Hotland, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono has given state oil and gas company PT Pertamina two years to revamp its operations and transform itself into a profitable company, promising that the government would provide maximum...
Wed, 14 Jun 2006
Indonesia quake reconstruction cost put at more than $3 billion
AFPIndonesia quake reconstruction cost put at more than $3 billionby Marianne Kearney Tue Jun 13, 11:01 AM ETJAKARTA (AFP) - Rebuilding Indonesia's quake-hit central Java will cost more than three billion dollars, with the scale of residential destruction rivalling that of the tsunami in Aceh.
Wed, 14 Jun 2006
RI a good place to learn ins and outs of dubious dealing
RI a good place to learn ins and outs of dubious dealingRendi Akhmad Witular, The Jakarta Post, JakartaAs a world heavyweight in corruption, Indonesia may be a haven for novice corruptors and white-collar criminals around the world to learn how to launder money derived from illicit sources.
Tue, 13 Jun 2006
RI, Singapore leaders to ink deals on economic zones
http://www.talkingcock.com/html/index.php love this singa website!!
Tue, 13 Jun 2006
RI, Singapore leaders to ink deals on economic zones
RI, Singapore leaders to ink deals on economic zonesThe Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono and Singapore Prime Minister Lee Hsien Loong are slated to sign an agreement on economic cooperation that will include arrangements for the establishment of special economic zones in...
Tue, 13 Jun 2006
Sona Topas to Invest Rp40 Billion
Sona Topas to Invest Rp40 BillionTuesday, 13 June, 2006 | 16:55 WIBTEMPO Interactive, Jakarta: PT Sona Topas Tourism Industry will invest Rp40 billion in order to expand duty free shops in Indonesia.Aryanto Agus Mulyo, Head of the Board of Commissioners of Sona Topas, said that the company is...
Tue, 13 Jun 2006
Minister upbeat about industrial growth in 2006
Minister upbeat about industrial growth in 2006Jakarta (ANTARA News) - Industry Minister Fahmi Idris said here on Monday he was optimistic the country`s industrial growth will meet the target of 7.7 percent in spite of the fact that growth in the first quarter had only reached 2.83 percent.
Tue, 13 Jun 2006
Yudhoyono to discuss economic cooperation with Singaporean Premier
Yudhoyono to discuss economic cooperation with Singaporean PremierJakarta (ANTARA News) - President Susilo Bambang Yudhoyono is scheduled to meet Singaporean Prime Minister Lee Hsien Loong in Batam on June 25, 2006 to discuss economic cooperation between the neighboring island state and Batam and...
Tue, 13 Jun 2006
World Bank prepares reconstruction program for quake victims Yogyakarta
World Bank prepares reconstruction program for quake victims YogyakartaYogyakarta (ANTARA News) - The World Bank will prepare US$50-60 million for funding the reconstruction program for the quake victims in Yogyakarta and Central Java.
Mon, 12 Jun 2006
Govt plans to build international port in Indramayu
which begs the question, whatever happened to the habour project in Bojonegara?! it's already partly built, and it seems to be a far better choice than indramayu, in terms of location and infrastructure.
Mon, 12 Jun 2006
Govt plans to build international port in Indramayu
Govt plans to build international port in IndramayuCirebon, W Java (ANTARA News) - The central government planned to build an international sea port in Cantigi sub-district, Indramayu district to reduce the burden of Tanjung Priok port which in the next five years will be busy handling exports and...
Sun, 11 Jun 2006
Indonesia's smoldering Mount Merapi slows tourism
ReutersIndonesia's smoldering Mount Merapi slows tourismBy Jalil Hamid 46 minutes agoMOUNT MERAPI, Indonesia (Reuters) - In the shadow of Mount Merapi, a 30-year-old woman selling snacks to tourists visiting the rumbling Indonesian volcano says business has never been this bad.
Thu, 08 Jun 2006
Indonesia rubber exports seen at 2.4 billion dollar this year
Indonesia rubber exports seen at 2.4 billion dollar this yearJakarta (ANTARA News) - Indonesia`s rubber exports this year will likely amount to 2.4 bln usd helped by strong demand and higher prices, Bisnis Indonesia reported citing an official at the Indonesia rubber association.
Thu, 08 Jun 2006
Business despairs of real reform in regions
Business despairs of real reform in regionsBenget Simbolon Tnb., The Jakarta Post, JakartaBusinesspeople normally state that the quality of local governance and institutions is the principal factor that helps determine whether they will invest in a particular region.
Thu, 08 Jun 2006
Power shortages deterring new investment
Power shortages deterring new investmentBenget Simbolon Tnb., The Jakarta Post, JakartaThe government's efforts to attract new investment will come to naught if state-owned power firm PLN cannot provide enough electricity, a senior businessman has said.
Wed, 07 Jun 2006
Korindo to produce wind mill tower
maybe they want to export the wind mill towers. You're right about the lack of wind in Indonesia. Except however I think Merapi has a lot of wind right now. Imagine the electrical power you can generate when it blows.
Wed, 07 Jun 2006
Korindo to produce wind mill tower
http://yosef-ardi.blogspot.com/2006/06/korindo-to-produce-wind-mill-tower.html Tuesday, June 06, 2006Korindo to produce wind mill towerSport shoes manufacturer PT Kostra Mas Jaya, a joint venture between Panwell Industrial Ltd (BVI) and PT Garuda Indawa, is expanding its business to produce wind...
Wed, 07 Jun 2006
Investors invited to develop mega resort complex in Bali
Investors invited to develop mega resort complex in BaliThe Jakarta Post, JakartaA Bali-based developer PT Bali Pecatu Graha (BPG) is offering 124.5 hectares of land to investors to support a mega property project valued at more than Rp 3 trillion (US$333 million) on barren Pecatu Hill in Jimbaran,...
Wed, 07 Jun 2006
ADB urges for boost in infrastructure spending
ADB urges for boost in infrastructure spendingUrip Hudiono, The Jakarta Post, JakartaWith both fiscal and macroeconomic stability in hand, the government should now turn its attention to achieving better economic growth, by increasing its development spending on basic infrastructure, the Asian...
Wed, 07 Jun 2006
Government looks to biofuel to stave of oil crisis
Government looks to biofuel to stave of oil crisisBenget Simbolon Tnb., The Jakarta Post, JakartaBad times make good policy, good times make bad policy. This adage succinctly sums up Indonesia's experience with oil.Indonesia has twice benefited from oil booms.
Wed, 07 Jun 2006
Govt looking into diversified energy sourcing amid oil crisis
Govt looking into diversified energy sourcing amid oil crisisBenget Simbolon Tnb., The Jakarta Post, JakartaA growing awareness around the world that the era of cheap oil is over appears to be finally sinking in.