Search Archive
Search Tips
You can use boolean operators in your search:
pugilist AND basketball- Both words must appearjakarta OR surabaya- Either word can appearjakarta NOT politics- Must have jakarta but not politics+jakarta -politics- Must have jakarta, must not have politics"exact phrase"- Search for exact phrasebasket*- Wildcard (matches basketball, basket, etc.)
Sat, 04 Nov 2006
Minister boycotts RI-Singapore meeting on Batam-Bintan
Jakarta (ANTARA News) - Industry Minister Fahmi Idris boycotted a meeting of the Indonesia-Singapore joint steering committee on the further implementation of Batam, Bintan and Karimun special economic zones here on Friday.
Sat, 04 Nov 2006
Europe Interested in Telecommunications Sector
TEMPO Interactive, Jakarta: Investment realization from Europe on the infrastructure sector in Indonesia is targeted at 40 billion euro or around Rp464 trillion. The amount is equal to five percent of Europe's investment ability in the infrastructure sector every year at 800 billion euro.
Sat, 04 Nov 2006
De Soto: Minimize Poverty through Property Rights
TEMPO Interactive, Depok: An economist from Peru, who is known for his thoughts and writings on the informal economy, Hermando de Soto said poverty eradication in Indonesia can be started with the awareness of formalized property rights.
Sat, 04 Nov 2006
Regions must help economy: SBY
President Susilo Bambang Yudhoyono said Thursday that local administrations must share the responsibility of defeating corruption and improving the country's economy by bringing in investors.The President cited cumbersome local regulations arising from the 1999 autonomy law.
Sat, 04 Nov 2006
Minister says projects spark investor interest
While he acknowledged that the government needs to enact further reforms to create a better business climate, Coordinating Minister for Economic Affairs Boediono said Thursday that Indonesia had gotten a positive response from foreign investors on developing infrastructure projects here.
Sat, 04 Nov 2006
Government to Evaluate Regional Regulations
TEMPO Interactive, Jakarta: The government is going to supervise as well as evaluate a number of regional regulations.According to Justice and Human Rights Minister Hamid Awaludin, the plan was made to synchronize legal construction of regional regulations so that they will be in line with Law...
Sat, 04 Nov 2006
President Confident per Capita Income Increase by 15%
TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono was positive that national per capita income can reach US$1,500 or around Rp13.6 million by the end of the year. The amount increases 15.4 percent, compared to last year at US$1,300 or around Rp11.8 million.
Sat, 04 Nov 2006
Kalla, ADB discuss infrastructure development
Jakarta (ANTARA News) - On the sidelines of the 2006 infrastructure summit here on Thursday, Vice President Jusuf Kalla took a few moments of his time to discuss infrastructure development with the leader of the Asian Develoment Bank (ADB), coordinating minister for economy Boediono said.
Sat, 04 Nov 2006
MTD Capital sees Indonesia toll road deal inked by month
Kuala Lumpur (ANTARA News) - MTD Capital Bhd is likely to sign a toll road project agreement in Indonesia by the end of this month, the Edge Daily reported, quoting the company's managing director Azmil Khalid.
Sat, 04 Nov 2006
Planned infrastructure fund drawing investors interest
Jakarta (ANTARA News) - The infrastructure fund that the government plans to establish has attracted serious interest from investors, including multilateral agencies and private institutions, State Enterprise Minister Sugiharto said.
Fri, 03 Nov 2006
Regions Offer Investment Projects Worth Rp59.6t
TEMPO Interactive, Jakarta: The Indonesian Regional Investment Forum (IRIF) 2006 is promoting 45 projects in regions valued at US$6.55 billion, or Rp59.6 trillion.The offered projects include those in tourism, ports, markets, horticulture product processing and industrial regions.
Fri, 03 Nov 2006
Government to Evaluate Regional Regulations
TEMPO Interactive, Jakarta: The government is going to supervise as well as evaluate a number of regional regulations.According to Justice and Human Rights Minister Hamid Awaludin, the plan was made to synchronize legal construction of regional regulations so that they will be in line with Law...
Fri, 03 Nov 2006
Toll Road Projects Will be Hard to Sell
TEMPO Interactive, Jakarta: Sofyan Wanandi, Head of the National Recovery Committee, said toll road construction projects will be the most difficult projects to be sold.This is because investors are not yet convinced that the government can provide legal certainty as regards land acquisition.
Fri, 03 Nov 2006
Singaporean company to build fuel storage
The oil and gas refining and marketing firm Singapore Petroleum Co. Ltd. (SPC) will establish fuel storages to process oil for industry in West Java province in Indonesia, the mines and energy ministry said here Wednesday.
Fri, 03 Nov 2006
Govt touts 'win-win' approach at summit
"Partnership" has become the government's mantra in its efforts to lure investors into the much-needed development of Indonesia's infrastructure.Raising the curtain Wednesday on the three-day Indonesia Infrastructure Conference and Exhibition, President Susilo Bambang Yudhoyono told private...
Fri, 03 Nov 2006
National Police nab software copiers
Officers of the National Police Cyber Crime Unit have arrested two alleged illegal software copiers in Jakarta in the latest crackdown on the illicit trade.The suspects are identified as PT Surya Toto Indonesia operational manager Sintawati and marketing director Juliawan Sari.
Thu, 02 Nov 2006
Indonesia asks Japan to increase electronics investment
Jakarta (ANTARA News) - Indonesia will ask Japan to increase its investment in petrochemical and electronic sparepart industries to strengthen the structure of the electronic industrial sector whose products had become major foreign exchange earners, Industry Minister Fahmi Idris said here...
Thu, 02 Nov 2006
ADB urges RI to change its investment climate
Jakarta (ANTARA News) - The Asian Development Bank (ADB) has urged Indonesia to improve its investment climate to reach its projected economic growth of six to seven percent, ADB Vice President Lawrence Greenwood said in Jakarta on Wednesday.
Thu, 02 Nov 2006
WB: Indonesia needs US$40 billion investment in power
Jakarta (ANTARA News) - State electricity company PT PLN needs an investment of US$40 billion until 2015 for the building of power plants, power transmission and distribution lines, a World Bank official has said.
Thu, 02 Nov 2006
Indonesia has potential to raise exports to US$100 billi
Jakarta (ANTARA News) - The Central Board of Statistics (BPS) believes that Indonesia has the potential to increase its exports to US$100 billion up to the end of 2006.The exports in 2006 up to September, or three fourths of the year, reached US$73.
Thu, 02 Nov 2006
EuroCham interested in telecommunications sector
Jakarta (ANTARA News) - The European Chamber of Commerce and Industry (EuroCham) is interested in making investment in telecommunications and transportation sectors in Indonesia.Those sectors are still relatively new in Indonesia, so they have the potential to develop and look promising for...
Thu, 02 Nov 2006
SBY courts investors at infrastructure summit
Jakarta (ANTARA News) - Indonesia's president urged foreign and domestic investors Wednesday to stump up funds to boost the nation's flagging infrastructure sector, arguing that new laws would assure profitability.Some 111 projects worth 19.
Thu, 02 Nov 2006
Government Prepares Three Alternatives for Financing B
TEMPO Interactive, Jakarta: The government is considering three alternatives for funding biodiesel projects, said Wimpie S. Tjetjep, Head of the Coordination Team for Alternative Energy Supply and Utilization Program, after a coordinating meeting on the alternative energy program.
Thu, 02 Nov 2006
No Incentives for Infrastructure Projects
TEMPO Interactive, Jakarta: The government will not grant special incentives to several of the projects offered in the Infrastructure Conference and Exhibition 2006, Finance Minister Sri Mulyani Indrawati insisted yesterday (10/31).
Thu, 02 Nov 2006
MRT Cooperation to be Signed End of November
TEMPO Interactive, Jakarta: The Indonesian and Japanese governments will sign a cooperation agreement for the Jakarta mass rapid transportation (MRT) project by the end of November.The Japanese government is offering a loan of US$800 million, or around Rp7.
Thu, 02 Nov 2006
Toll Road Projects Will be Hard to Sell
TEMPO Interactive, Jakarta: Sofyan Wanandi, Head of the National Recovery Committee, said toll road construction projects will be the most difficult projects to be sold.This is because investors are not yet convinced that the government can provide legal certainty as regards land acquisition.
Thu, 02 Nov 2006
Can-Asia Negotiates for Gold Property
Can-Asia Minerals Inc said it completing lengthy negotiations to acquire a controlling interest in a gold resource property in West Java.The company said in a press release issued Thursday (26/10/06) that it expects to sign an agreement on the acquisition before November 30.
Thu, 02 Nov 2006
Mobile-8 to Expand Networks
Publicly-listed telecommunications company Mobile-8 will extend its network to Sumatra, East Kalimantan, West Kalimantan and Sulawesi, hoping to increase the number of its subscribers to 4 million by the end of 2007, director Hidajat Tjandrajaja said recently.
Thu, 02 Nov 2006
Malaysia Eyes Opportunity
Comments by Malaysian companies ahead of this week’s infrastructure conference suggest they will take a lead in developing projects in the country.Leading law firm Zaid Ibrahim & Co says it will be bringing more than 30 Malaysian companies to the conference, noted that the delegation will...
Thu, 02 Nov 2006
Indonesia to offer 111 projects worth $16.74 bln
in other words all talk and no action ... they can offer as many projects as they want but it's actual delivery that counts.
Thu, 02 Nov 2006
Indonesia to offer 111 projects worth $16.74 bln
Jakarta (ANTARA News) - The government will offer 111 projects worth 16.74 bln usd at a two-day infrastructure summit that starts today, deputy coordinating minister for infrastructure Suyono Dikun said.He said the main target is to offer 10 projects worth 4.51 bln usd.
Wed, 01 Nov 2006
Bapepam Investigates Inco’s Tender Offer
TEMPO Interactive, Jakarta: The Capital Market Supervisory Agency (Bapepam) has been examining the possibility of a tender offer from PT International Nickel Indonesia (Inco). That is regarding the acquisition process of Inco Indonesia’s holding company - Inco Limited (Canada) by Companhia Vale...
Wed, 01 Nov 2006
Indonesia facing 7 main economic development problems s
Jakarta (ANTARA News) - The Asian Development Bank (ADB) said Indonesia faced seven main problems in its economic development, poverty alleviation and reducing the unemployment, as projected in the National Medium-Term Development Plan, an official said.
Wed, 01 Nov 2006
Muara Enim power project: Chicken-and-egg situation
Reporters from major newspapers covering president Susilo Bambang Yudhoyono's visit to Shanghai, China wrote that China Huadian has eventually entered into a JV agreement with Indonesian partners to build the US$2.1 billion coal-fired power plant in Muara Enim, South Sumatra.
Wed, 01 Nov 2006
Infrastructure Project Depends on Minister
TEMPO Interactive, Jakarta: The Infrastructure Conference and Exhibition 2006 (IICE 2006) will offer a number of ready-to-build infrastructure projects. Chris Kanter, Head Organizer of IICE 2006, said that details on the projects will be offered by the technical department.
Wed, 01 Nov 2006
Jakarta shares end up in the morning
JAKARTA (Antara): Share prices closed the morning session higherafter a week-long holiday break, with gains in mining stocks suchas Aneka Tambang and INCO, lifting the composite index to a newintra-day high.
Wed, 01 Nov 2006
Japan to host Yudhoyono amid FTA hopes
TOKYO (AP): President Susilo Bambang Yudhoyono willvisit Japan in late November, Japan’s Foreign Ministry saidTuesday, as the two countries work toward reaching a free tradeagreement.Yudhoyono is expected to meet Japanese Emperor Akihito andEmpress Michiko, as well as Prime Minister Shinzo Abe...
Wed, 01 Nov 2006
The spat over the split
Neither the Indonesian government nor ExxonMobil will gain from a protracted spat over the status of the production-sharing contract for the development of the Natuna D-Alpha natural gas block in the East Natuna Sea.
Wed, 01 Nov 2006
Regions offer major investment projects
Domestic and foreign investors will have plenty of tempting opportunities laid out before them this week.On top of large, national-level projects that the central government plans to offer at the upcoming infrastructure conference, the regions are also lining up ventures for investors to put their...
Wed, 01 Nov 2006
Banks urged to lower lending rates
Andi Haswidi, The Jakarta Post, JakartaThe Association of Indonesian Retailers (Aprindo) has urged the country’s banks to lower their lending rates in line with the central bank’s benchmark rate so as to enable them to expand their businesses.
Wed, 01 Nov 2006
Govt selects 10 projects to serve as pilots
Urip Hudiono, The Jakarta Post, JakartaThe upcoming three-day “Indonesia Infrastructure Conference and Exhibition 2006” will not only showcase major investment opportunities, but also the government’s progress in improving the country’s investment climate.
Tue, 31 Oct 2006
Growth too slow for comfort in Indonesia
JAKARTA - As Indonesian President Susilo Bambang Yudhoyono enters his third year in office, the world's most populous Muslim country is widely viewed simultaneously as one of the region's most stable democracies yet one of its most unpredictable economies.
Tue, 31 Oct 2006
Investors Hunting for SOE Shares
TEMPO Interactive, Jakarta: Shares of State-Owned Enterprises (SOEs) will become the focus of attention of market players this week.This is triggered by the government's plan to issue the blueprint of SOEs privatization as part of its policy package in the monetary sector, which will be released...
Tue, 31 Oct 2006
Doubts over Investment Growth Target
TEMPO Interactive, Jakarta: Sofjan Wanandi, Head of the Association of Indonesian Entrepreneurs, has said he doubts the government's investment growth target of 10.5 percent by the end of 2006.The Infrastructure Summit is considered of not being capable of boosting the investment target by around...
Tue, 31 Oct 2006
Pertamina Asks for Biosolar Materials Price Mechanism
TEMPO Interactive, Jakarta: PT Pertamina (Persero) is asking that the government re-examine the price mechanism of biosolar raw materials such as fatty acid methyl ester (FAME).The reason for this, according to Hanung Budya, Pertamina’s Deputy Director for Marketing and Trade, the price mechanism...
Mon, 30 Oct 2006
China, Indonesia sign MOU on energy cooperation
China and Indonesia signed a memorandum of understanding (MOU) here on Saturday concerning cooperation in the energy and mineral resources sectors.Chinese Vice Premier Huang Ju and visiting Indonesian President Susilo Bambang Yudhoyono attended the signing ceremony held at the second...
Sun, 29 Oct 2006
Off to China again, balancing act
President Susilo Bambang Yudhoyono (SBY) starts a five-day visit to China today, mainly to strengthen economic ties between the two countries, just weeks ahead of US president George Bush's visit to Jakarta and days after VP Jusuf Kalla visit US.Last year, both the president and VP visited China.
Sun, 29 Oct 2006
SBY promises to eliminate investment obstacles
Shanghai, China (ANTARA News) - Visiting Indonesian President Susilo Bambang Yudhoyono said he would eliminate major obstacles in every sector in Indonesia to ensure the entry of foreign investment into the country.
Sat, 28 Oct 2006
SBY visiting Shanghai to seek business opportunities
Manila (ANTARA News) - President Susilo Bambang Yudhoyono said he would make a working visit to Shanghai, China, not only to enhance bilateral relations but also to identify opportunities for Indonesian businessmen to benefit from China`s economic resurgence.