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Tue, 26 Sep 2006
RI safe for foreign investment: VP
Indonesia capital aims to replace dirty taxisDrivers resist using compressed natural gas in three-wheel bajajsBy Diyan Jari and Sugita KatyalUpdated: 3:17 p.m. ET Sept. 25, 2006JAKARTA - For years, their acrid fumes have been as much a part of the Indonesian capital as the distinctive smell of the...
Tue, 26 Sep 2006
RI safe for foreign investment: VP
RI safe for foreign investment: VPWashington (ANTARA News) - Vice President Jusuf Kalla said Indonesia was a very safe place to invest in and intent on respecting all trade contracts that had been and would be concluded with foreign investors."Our security situation is guaranteed.
Tue, 26 Sep 2006
RI domestic affairs crucial to U.S. investors, Kalla says
RI domestic affairs crucial to U.S. investors, Kalla saysAvian E. Tumengkol, The Jakarta Post, WashingtonVice President Jusuf Kalla has named domestic reform and stability as overriding factors for U.S.
Sun, 24 Sep 2006
Stability is more important than democracy for investors: Kalla
Stability is more important than democracy for investors: KallaWASHINGTON D.C. (Antara): Vice President Jusuf Kalla said Saturday evening (Sunday morning Jakarta time) that political stability and investment security were more important to foreign investors than democracy.
Sun, 24 Sep 2006
Government urged to reduce export of CPO
Government urged to reduce export of CPOPadang, West Sumatera (ANTARA News) - The Indonesian Government was urged to take an important political decision by reducing export of crude palm oil (CPO) in order to encourage development acceleration and enlarge local processing industries so that it...
Sat, 23 Sep 2006
'Indonesia is safe for foreign investment'
'Indonesia is safe for foreign investment'Vice President Jusuf Kalla is embarking on a "strictly business" tour of the U.S., Spain and Saudi Arabia from Sept. 22 to Oct. 4. Kalla was supposed to visit Canada but canceled the trip at the eleventh hour, replacing it with Spain.
Fri, 22 Sep 2006
Singaporean Entrepreneurs to Invest in Manufacturing
Singaporean Entrepreneurs to Invest in ManufacturingFriday, 22 September, 2006 | 14:49 WIBTEMPO Interactive, Jakarta: A number of Singapore entrepreneurs intend to expand business partnerships in Indonesia especially in the areas of shipping , agroindustry and services.
Fri, 22 Sep 2006
Corruption Hampers Indonesian Economic Growth
Corruption Hampers Indonesian Economic GrowthFriday, 22 September, 2006 | 14:56 WIBTEMPO Interactive, Jakarta: The high rate of corruption has been the cause for the low economic growth in Indonesia compared to other developing countries.
Fri, 22 Sep 2006
Private Ownership to Join the Railway Business in Early 2007
Private Ownership to Join the Railway Business in Early 2007Friday, 22 September, 2006 | 15:27 WIBTEMPO Interactive, Jakarta: Private ownership can join the railway business starting at the beginning of next year.
Fri, 22 Sep 2006
Mobile-8 gets $70 million loan from Lehman Brothers
Indonesia's Mobile-8 gets $70 million loan from Lehman BrothersJakarta (ANTARA News) - Lehman Brothers has given Cellphone carrier PT Mobile-8 Telecom, a 76.01 pct-owned unit of PT Bimantara Citra, a 70 mln-usd loan facility, Mobile-8 said.
Mon, 18 Sep 2006
Transshipment Eradication Agreement to be Signed End of September
Transshipment Eradication Agreement to be Signed End of SeptemberMonday, 18 September, 2006 | 12:48 WIBTEMPO Interactive, Jakarta: An agreement between the Indonesian and United States governments to eradicate the practice of transshipment of exports from Indonesia will be signed at the end of this...
Mon, 18 Sep 2006
Government to Raise Expenditures in Order to Create Work Opportunities
Government to Raise Expenditures in Order to Create Work OpportunitiesMonday, 18 September, 2006 | 12:28 WIBTEMPO Interactive, Singapore: The government will raise state expenditures up until the end of this year especially for sectors that are capable of creating work opportunities and reducing...
Mon, 18 Sep 2006
Indonesia's PT PGN to develop coalbed methane gas
Indonesia's PT PGN to develop coalbed methane gasJakarta (ANTARA News/Asia Pulse) - State-owned gas firm PT Perusahaan Gas Negara (PT PGN) plans to develop coalbed methane gas as an alternative energy source to replace fuel oil, a spokesman said.
Mon, 18 Sep 2006
Getting people out of their cars
What Teguh is writing (above) is .... well, starry-eyed ... the JK administration doesn't give a hoot about people! Sutiyoso is a dastardly figure, about whom I heard the most disgusting things!And here's what ParasIndo says about the wonderful city admin ....
Mon, 18 Sep 2006
Getting people out of their cars
I guess because some of "us guys" dont see it as a them and us situation. I enjoy my time here but also would like to contribute to the country I live in and help if i can rather than just take what i can from indonesia while giving nothing back.
Mon, 18 Sep 2006
Getting people out of their cars
Can anybody ever see a time when Jakarta sorts out the problem. I mean to sort the issue out they need to scrap all the old broken down bus, register Ojek and Bajij driver (and enforce standards), buid sidewalks, bring in congestion charging .... re-design the flow of traffic in Jakarta.
Sun, 17 Sep 2006
Getting people out of their cars
Getting people out of their carsTeguh Utomo Atmoko, JakartaThere is a tremendous effort by the city administration to make people shift from private vehicles to public transit in order to ease traffic jams and to avoid wasting time and money.
Sun, 17 Sep 2006
Japan Wants To "Cherry Pick" In Trade Talks
Indonesia Min:Japan Wants To "Cherry Pick" In Trade Talks09-16-06 08:39 AM ESTSINGAPORE -(Dow Jones)- Indonesia's trade minister said Japan wants to "cherry pick" in the ongoing bilateral trade talks that the two countries began last year.
Sat, 16 Sep 2006
Govt able to carry out 27 of 161 infrastructure development policies
Govt able to carry out 27 of 161 infrastructure development policiesJakarta (ANTARA News) - The government has been able to carry out only 41 or 27 percent of a total of 161 infrastructure development policies set forth by the coordinating minister for economic affairs last February 2006, a...
Sat, 16 Sep 2006
PT PGN to develop coalbed methane gas
PT PGN to develop coalbed methane gas as alternative energy sourceJakarta (ANTARA News) - State-owned gas firm PT Perusahaan Gas Negara (PT PGN) plans to develop coalbed methane gas as an alternative energy source to replace fuel oil, a spokesman said.
Fri, 15 Sep 2006
Government Targets Investment Bill Completed in November
Government Targets Investment Bill Completed in NovemberFriday, 15 September, 2006 | 16:45 WIBTEMPO Interactive, Jakarta: The government targets the Investment Bill to be completed in November.Fahmi Idris, Industry Minister, said he has met several investor candidates and foreign financial...
Fri, 15 Sep 2006
Trading the nation's future for false sense of security
Trading the nation's future for false sense of securityJohn Riady, JakartaPresident Susilo Bambang Yudhoyono's confidence-inspiring speech last week at the Forbes Global CEO Conference in front of more than 400 top business leaders received a standing ovation.
Fri, 15 Sep 2006
‘Indonesian Power’ Proposed to be State-Owned Company
‘Indonesian Power’ Proposed to be State-Owned CompanyFriday, 15 September, 2006 | 15:38 WIBTEMPO Interactive, Jakarta: PT Indonesia Power is proposed to be a state-owned company and no longer to be the subsidiary of PT PLN (Persero).
Fri, 15 Sep 2006
Country better under Yudhoyono: Survey
Country better under Yudhoyono: SurveyThe Jakarta Post, JakartaIn contrast to Indonesian pollsters who have recently reported poor approval ratings for the Susilo Bambang Yudhoyono administration, an Australian pollster said Thursday the public felt the government had done a good job of improving...
Fri, 15 Sep 2006
Indonesia begins rolling out 3G service: report
Indonesia begins rolling out 3G service: reportIndonesia has begun rolling out its first-ever third generation (3G) cellular services, a report has said.Telkomsel, an associate company of Singapore Telecommunications, began offering high-speed wireless service for mobile phones on Thursday after a...
Fri, 15 Sep 2006
1st Indonesian-developed satellite to be launched in Oct.
1st Indonesian-developed satellite to be launched in Oct.The Indonesian National Aeronautics and Space Agency (Lapan) is expected to launch the first Indonesian-developed satellite next October, a milestone that will put the country on the world map of space technology.
Fri, 15 Sep 2006
IDR500 Trillion Infrastructure Operations Offered In Nov
Indonesia VP: IDR500 Trillion Infrastructure Operations Offered In Nov JAKARTA -(Dow Jones)- The Indonesian government will offer domestic and foreign investors infrastructure investment projects valued at IDR500 trillion at a conference in November, Vice President Jusuf Kalla said Friday.
Thu, 14 Sep 2006
Anti Corruption Commission Requires Centralized Bank Customer Database
Anti Corruption Commission Requires Centralized Bank Customer DatabaseThursday, 14 September, 2006 | 16:39 WIBTEMPO Interactive, Batam: The Corruption Eradication Commission (KPK) has urged Bank Indonesia (BI) to create a centralized bank customer database in order to facilitate investigations into...
Thu, 14 Sep 2006
Spatial Planning Not Harmonious for Investment
Spatial Planning Not Harmonious for InvestmentThursday, 14 September, 2006 | 17:29 WIBTEMPO Interactive, Jakarta: Lukman Purnomosidhi, Chairman of the Indonesian Real Estate association, has said that spatial planning in Indonesia does not provide investment security, especially as far as property...
Thu, 14 Sep 2006
Customs & Excise Stop Levies on Coal Exports
Customs & Excise Stop Levies on Coal ExportsThursday, 14 September, 2006 | 17:31 WIBTEMPO Interactive, Jakarta: The government has stopped imposing levies on coal exports as of 13 September 2006.This policy was stipulated in a circular letter from Anwar Suprijadi, the Director General of...
Thu, 14 Sep 2006
Manila bank using Indonesian information technology
Manila bank using Indonesian information technologyJakarta (ANTARA News) - Manila National Bank has begun to make use of Indonesia`s information technology by implementing core banking, support, banking delivery systems and middle ware solutions provided by PT Sigma Cipta Caraka (SCC) company, an...
Thu, 14 Sep 2006
Industrial estates lobby for one-stop investment centers
Industrial estates lobby for one-stop investment centersUrip Hudiono, The Jakarta Post, JakartaIf there is one thing investors like, it is being able to get their investments up and running without too much hassle.
Thu, 14 Sep 2006
Govt promises not to increase electricity price till 2009
Govt promises not to increase electricity price till 2009Jakarta (ANTARA News) - The government promised not to increase the price of electricity until 2009, an official said.J Purwono, director general of electricity and energy utilization at the Ministry of Energy and Mineral Resources, said in a...
Thu, 14 Sep 2006
Exclusive Rights Violate Anti-Monopoly Law
Exclusive Rights Violate Anti-Monopoly LawWednesday, 13 September, 2006 | 17:14 WIBTEMPO Interactive, Jakarta: The Commission for Supervising Business Competition has asked that the House of Representatives (DPR) not approve exclusive rights requested by PT Pos Indonesia.
Thu, 14 Sep 2006
Manufacturers Obliged to Relocate to Special Regions
Manufacturers Obliged to Relocate to Special RegionsWednesday, 13 September, 2006 | 14:52 WIBTEMPO Interactive, Jakarta: The government will oblige manufacturers to move into special regions and this policy will be attached to a governmental regulation that will soon be legalized.
Thu, 14 Sep 2006
Indonesia drops plan to reform labour laws
the indonesian govt shot away their feet years ago. they're shooting themselves in the kneecaps these days.
Wed, 13 Sep 2006
Business suffer from uncompetitive workforce
I spoke to 3 people today, who said essentially the same thing about their own country's woeful education system; an Antara editor, a taxi driver and middle-ranking Indonesian diplomat. And at no time was the subject of education being discussed.
Wed, 13 Sep 2006
Indonesia drops plan to reform labour laws
Massive difference is that in France and America they have a thousand other things that attract investors, Indonesia's main attraction is/should be/once was low overhead costs, including labor costs.The Indonesian govt motto: How can we shoot ourselves in the foot today?
Wed, 13 Sep 2006
Indonesia drops plan to reform labour laws
Indonesia drops plan to reform labour laws: reportPosted: 13 September 2006 JAKARTA : Indonesia has dropped a bid to reform employment laws as a result of opposition from trade unions, a move likely to disappoint foreign investors, a report said Wednesday.
Wed, 13 Sep 2006
Business suffer from uncompetitive workforce
Business suffer from uncompetitive workforceAndi Haswidi, The Jakarta Post, JakartaImproving the national education system is the key to making workers more efficient and productive, Indonesia's Chamber of Commerce (Kadin) says.
Wed, 13 Sep 2006
RI told to improve legal certainty
RI told to improve legal certaintyMore work needs to be done to improve the country's investment climate, German finance company DEG director Michael Bornmann says."If we look at the figures of some economic indicators, we have good projects and good opportunities here," Bornmann said (photo left)...
Mon, 11 Sep 2006
Government will inject more than Rp 2 trillion into ailing state firms
An old expression comes to mind: something about throwing good money after bad...
Mon, 11 Sep 2006
Government Tightens Foreign Airline Investment
Government Tightens Foreign Airline InvestmentMonday, 11 September, 2006 | 12:58 WIBTEMPO Interactive, Jakarta: The government will tighten the procedures for foreign airline companies that will invest in national airlines starting this September.
Mon, 11 Sep 2006
Regulations the biggest barrier to new investment
Regulations the biggest barrier to new investmentVincent Lingga, The Jakarta Post, JakartaIndonesia may find some consolation in the praise of the World Bank and its private-sector arm, the International Finance Corporation, over the improvements made in its business climate but this commendation...
Sat, 09 Sep 2006
Company offers malls help to compete
Company offers malls help to competeThe Jakarta Post, JakartaJakarta has seen an explosion of shopping malls in recent months amid signs of an improvement in the country's economy.Developers and owners are counting on being able to draw in more shoppers and boost sales.
Sat, 09 Sep 2006
Government will inject more than Rp 2 trillion into ailing state firms
Government will inject more than Rp 2 trillion into ailing state firmsThe Jakarta Post, JakartaThe government plans to provide Rp 2.19 trillion (US$241 million) from this year's state budget for several troubled state-owned enterprises (SOEs), but officials insist they are not handing out blank...
Sat, 09 Sep 2006
Economists Question Government's Macroeconomics’ Assumption
Economists Question Government's Macroeconomics’ AssumptionFriday, 08 September, 2006 | 16:40 WIBTEMPO Interactive, Jakarta: Economists are questioning an assumption concerning macroeconomics in the Revised State Budget (RAPBN) of 2007.
Sat, 09 Sep 2006
'Bureaucracy, parties striving for recentralization'
'Bureaucracy, parties striving for recentralization'A survey by the Civil Society Alliance for Democracy (Yappika) discovered that the implementation of regional autonomy between 2001 and 2005 gave rise to ethnocentrism and tribalism.
Sat, 09 Sep 2006
Indonesia's CPO exports until last May 4.5 million tons
Indonesia's CPO exports until last May 4.5 million tonsMedan, North Sumatra (ANTARA News) - Indonesia`s crude palm oil (CPO) exports up to May this year reached 4.5 million tons, less than half of the target for this year set at 11.