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Sat, 09 Sep 2006
M`sia promotes SME`s products to Indonesia
M`sia promotes SME`s products to IndonesiaJakarta (ANTARA News) - Malaysia promotes its products mostly processed food in the "Taste of Malaysia exhibition" held from September 8 through 21 at 16 Giant hypermarket outlets here.
Sat, 09 Sep 2006
Indonesia to use IMF/World Bank meetings to woo international investors
Indonesia to use IMF/World Bank meetings to woo international investorsBy Channel NewsAsia's Indonesia Bureau Chief Sujadi Siswo | Posted: 08 September 2006 2334 hrs JAKARTA : Indonesia plans to use the high profile IMF/World Bank meetings in Singapore next week to woo international investors.
Sat, 09 Sep 2006
Jakarta malls 'the perfect hangout'
Jakarta malls 'the perfect hangout'Anissa S. Febrina, The Jakarta Post, JakartaWhat is it that people actually do when they head out for a day in the city's teeming malls?If your immediate assumption is shell out some hard cash for a new all-that handbag or the latest gadget, then it may be time to...
Sat, 09 Sep 2006
When antigraft officers get involved in extortion
When antigraft officers get involved in extortionDwi Atmanta, The Jakarta Post, JakartaPolice officer Suparman and comic action hero Superman had one responsibility in common: to uphold justice.An abuse of power, however, has turned Suparman into an infamous villain.
Fri, 08 Sep 2006
Consumers feeling more confident
Consumers feeling more confidentThe Jakarta Post, JakartaAfter having their purchasing power curtailed by last year's fuel price hike, consumers in the country now appear to see brighter prospects for the future.
Fri, 08 Sep 2006
Bumi turning off investors, say analysts
Bumi turning off investors, say analystsThe Jakarta Post, JakartaThe Bakrie family-controlled PT Bumi Resources' much-hyped deals that then flop are costing investors and may have tarnished the image of Indonesia's stock market, market regulators and analysts say.
Fri, 08 Sep 2006
Business Climate Needs Improvement
Business Climate Needs ImprovementFriday, 08 September, 2006 | 16:26 WIBTEMPO Interactive, Jakarta: Muhammad Luthfi, Head of Capital Investment Coordinating Board (BKPM), acknowledged the lessening of Indonesia’s business climate rank has not yet able to match other countries’ performance such...
Fri, 08 Sep 2006
Indonesia Dominates Singapore’s Apartments
Indonesia Dominates Singapore’s ApartmentsFriday, 08 September, 2006 | 16:37 WIBTEMPO Interactive, Jakarta: Indonesia dominates the purchase of apartments in Singapore. Based on the result of Center for the Study of Indonesian Property (PSPI), purchases by Indonesians reach 40 percent of the...
Fri, 08 Sep 2006
Chief minister: investment ranking not a goal
Chief minister: investment ranking not a goalJakarta (ANTARA News) - Coordinating Minister for the Economy Boediono said here on Thursday that the government would not pay too much attention to a ranking set by a certain institution that caused the country to remain as a not interesting place to do...
Fri, 08 Sep 2006
RI ranks low on WB investor-friendly list
RI ranks low on WB investor-friendly listUrip Hudiono, The Jakarta Post, JakartaWith its reform drive lagging behind expectations, Indonesia remains one of the most difficult places in the world to do business, and it may be getting worse, the latest report from the World Bank shows.
Thu, 07 Sep 2006
Indonesia govt to reduce Internet tariff
Indonesia govt to develop telecommunication network to reduce Internet tariffJakarta (ANTARA News) - The government will hold a national and international fiber optic and wireless network construction bid in an effort to speed up development of an Internet Protocol-based telecommunication network,...
Thu, 07 Sep 2006
ADB Estimates Indonesian 5.4 Percent Economic Growth in 2006
ADB Estimates Indonesian 5.4 Percent Economic Growth in 2006Wednesday, 06 September, 2006 | 18:11 WIBTEMPO Interactive, Jakarta: The Asian Development Bank (ADB) has estimated that Indonesia’s economic growth in 2006 will be around 5.4 percent.This is lower than the government's projection of 5.
Wed, 06 Sep 2006
Energi Persada to sell Lapindo Brantas to Bakrie Group
I bought 200,000 more shares in PT Bakrie and Bros (BNBR) today at the low, low discount price of Rp150 perWhen there's blood (er mud) on the streets, it's time to BUY!
Wed, 06 Sep 2006
Energi Persada to sell Lapindo Brantas to Bakrie Group
yep, something smells, and it ain't mud.seeing as PT. Energi Mega Persada is already effectively controlled by Bakrie, why are they now selling it to another subsidary company? do they think we are stupid?
Wed, 06 Sep 2006
Energi Persada to sell Lapindo Brantas to Bakrie Group
Check out all the companies involved here. They are all, with the possible exception of Pan Asia Enterprises Ltd (who have hidden themselves very well in this regard) & XFN Asia all Bakrie affiliates.
Wed, 06 Sep 2006
Energi Persada to sell Lapindo Brantas to Bakrie Group
Energi Persada to sell Lapindo Brantas to Bakrie GroupJakarta (ANTARA News) - Oil and gas firm PT Energi Mega Persada intends to sell unit Lapindo Brantas Inc to a company wholly owned by Bakrie Group for a price that has yet to be determined, Energi Mega said.
Wed, 06 Sep 2006
Sumitomo to invest in Indonesian refinery after Sinopec pulls out
Sumitomo to invest in Indonesian refinery after Sinopec pulls outJakarta (ANTARA News) - PT Elnusa Holding said Japan's Sumitomo Corp has agreed to take a 20 pct share in the estimated 3 bln usd cost of an oil refinery project in Indonesia following the withdrawal of China Petroleum & Chemical...
Wed, 06 Sep 2006
Exxon Must Launch Operations Or Face Loss Of Contract
Indonesia:Exxon Must Launch Operations Or Face Loss Of Contract09-05-06 12:01 AM ESTJAKARTA -(Dow Jones)- U.S. oil giant Exxon Mobil Corp. (XOM) must begin development of the Natuna D-Alpha gas block in Indonesia's East Natuna Sea by Jan.
Tue, 05 Sep 2006
Investment Obstructions Eliminated at Special Economic Zones
Investment Obstructions Eliminated at Special Economic ZonesTuesday, 05 September, 2006 | 16:49 WIBTEMPO Interactive, Jakarta: The Indonesian and Singaporean governments agreed to eliminate investment obstructions at Special Economic Zones (SEZs) of Batam, Bintan and Karimun.
Tue, 05 Sep 2006
Indonesia's shafted coal deal
Indonesia's shafted coal dealBy Bill GuerinJAKARTA - The US$3.2 billion blockbuster coal-industry deal involving Indonesia's biggest business family, its most prominent investment bank and big international lenders lies in tatters - and with it the prospects of the country's struggling energy...
Mon, 04 Sep 2006
Indonesia aims to double GDP in next 10 years, says Yudhoyono
Indonesia aims to double GDP in next 10 years, says YudhoyonoSingapore (ANTARA News) - Indonesia aims to double its GDP in the next 10 years as it attempts to attract more foreign investment, president Susilo Bambang Yudhoyono said.
Sun, 03 Sep 2006
Inflation falls to 14.9%, exports up 16.4%
Inflation falls to 14.9%, exports up 16.4%Urip Hudiono, The Jakarta Post, JakartaIndonesia's economic engine may not have revved up to full gear yet, but its gauges of inflation and exports are clocking better speeds, indicating chances of higher growth ahead.
Fri, 01 Sep 2006
Only Small-Sized Biofuel Enterprises to be Granted Incentives
Only Small-Sized Biofuel Enterprises to be Granted IncentivesFriday, 01 September, 2006 | 13:48 WIBTEMPO Interactive, Jakarta: The government will only grant incentives to small-sized enterprises that develop vegetable-based fuel or biofuel.“We won't give incentives to large-sized enterprises.
Fri, 01 Sep 2006
Government to auction 400 property assets
Government to auction 400 property assetsThe Jakarta Post, JakartaAsset Management Company (PPA), a state agency set up to manage assets formerly handled by the Indonesian Bank Restructuring Agency (IBRA), is putting 400 of its property holdings up on offer in an open auction, to help finance this...
Fri, 01 Sep 2006
Multi Sindo Utama to Build Paint Factory in Indonesia
Multi Sindo Utama to Build Paint Factory in IndonesiaThursday, 31 August, 2006 | 19:59 WIBTEMPO Interactive, Jakarta: PT Multi Sindo Utama, the sole distributor of Insultec paint from Australia, is planning to build production facilities in Indonesia in order to enhance its market share here.
Fri, 01 Sep 2006
Government to Accelerate Kerosene Conversion Program
Government to Accelerate Kerosene Conversion ProgramThursday, 31 August, 2006 | 19:48 WIBTEMPO Interactive, Jakarta: The government is to accelerate the kerosene conversion to liquefied natural gas (LPG) program from six to four years.
Fri, 01 Sep 2006
Four Harbors Proposed as International Ports
Four Harbors Proposed as International PortsThursday, 31 August, 2006 | 19:56 WIBTEMPO Interactive, Jakarta: The Indonesian Maritime Council has proposed that four local harbors are turned into international hub ports.
Fri, 01 Sep 2006
Government Only Wants to Sell PGN Above Market Price
Government Only Wants to Sell PGN Above Market PriceThursday, 31 August, 2006 | 19:58 WIBTEMPO Interactive, Jakarta: The government has signaled that it will only sell the shares of PT Perusahaan Gas Negara Tbk (PGN), the state gas company, above the current market price.
Thu, 31 Aug 2006
Computer market in Indonesia experiences annual increase by 20-30%
Computer market in Indonesia experiences annual increase by 20-30%Jakarta (ANTARA News) - The computer market in Indonesia continues to increase by about 20 to 30 percent annually in line with the increasing demand for computer in the country, a business executive has said.
Thu, 31 Aug 2006
Regional autonomy 'fueling tribalism'
Regional autonomy 'fueling tribalism'M. Taufiqurrahman, The Jakarta Post, JakartaRegional autonomy, which was championed as a means to improve accountability and public services, is instead bolstering ethnocentrism and tribalism, a survey found.
Wed, 30 Aug 2006
Indonesia Not Yet Japan's Main Investment Destination
Indonesia Not Yet Japan's Main Investment DestinationWednesday, 30 August, 2006 | 15:06 WIBTEMPO Interactive, Jakarta: Indonesia is not yet Japan's main destination as regards investment despite the fact that Japan is the largest investor in Indonesia.
Wed, 30 Aug 2006
Investment permits in Indonesia complicated : British envoy says
Investment permits in Indonesia complicated : British envoy saysMakassar, South Sulawesi (ANTARA News) - British Ambassador to Indonesia Charles Humfrey CMG considered the process of obtaining foreign investment permits in Indonesia was still complicated with long bureaucracy.
Wed, 30 Aug 2006
Pertamina starts to feel pinch of 'free market'
Pertamina starts to feel pinch of 'free market'Benget Simbolon Tnb., The Jakarta Post, JakartaState-owned oil and gas company Pertamina has begun to feel the pinch of increasingly steeper competition in the oil and gas sector following the issuance of a 2001 government regulation that stripped the...
Tue, 29 Aug 2006
Nissan to increase investment in Indonesia
Nissan to increase investment in IndonesiaJakarta (ANTARA News/Asia Pulse) - PT Nissan Motor Indonesia (NMI) said it will expand its car assembling plant in the country with an additional investment of US$50 million.
Tue, 29 Aug 2006
ExxonMobil trying to expedite Cepu Block development
ExxonMobil trying to expedite Cepu Block developmentJakarta (ANTARA News) - The management of ExxonMobil Oil Indonesia (EMOI) is trying hard to expedite development of the Cepu oil/gas block project in East Java to start turning out oil and gas in 2008 in compliance with the government`s request,...
Tue, 29 Aug 2006
Japan`s investments up 110 pct in RI
Japan`s investments up 110 pct in RIJakarta (ANTARA News) - Japan`s investments in Indonesia in the first half of 2006 jumped 110 percent to US$650 million from the same period last year but the figure still fell short of the pre-crisis level.
Tue, 29 Aug 2006
Indonesia Ranked Third on Software Piracy
Indonesia Ranked Third on Software PiracyTuesday, 29 August, 2006 | 16:57 WIBTEMPO Interactive, Jakarta: Indonesia is third with regard to software piracy compared to the previous rank of 5, President Director of Microsoft at Indonesia Tony Chen said during a press conference after meeting with...
Tue, 29 Aug 2006
Australia eyeing construction sector in Indonesia
Australia eyeing construction sector in IndonesiaJakarta (ANTARA News) - Australia is holding a development and construction exhibition, AUSBUILD 2006, in Jakarta, from August 29 to 30, 2006, to penetrate the Indonesian market.
Sun, 27 Aug 2006
Bapepam opposes planned restrictions on foreign investments
Bapepam opposes planned restrictions on foreign investmentsBandung, West Java (ANTARA News) - The Capital Market Supervisory Board (Bapepam) opposes the proposed restriction on the inflow of foreign investments to avoid hedge funds that may cause bigger problems, its chairman A. Fuad said.
Sun, 27 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
Ex-investment chief jailed for graftThe Jakarta Post, JakartaThe Anticorruption Court sentenced former Indonesian Investment Coordinating Board (BKPM) chief Theo F. Toemion to six years' imprisonment and fined him Rp 300 million (US$32,840) on Friday for misappropriating Rp 30.
Sat, 26 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
yep, that's the one. but hitting 14-year-olds was the least of his crimes. as head of the BKPM he systematically ripped off people wanting to invest in indonesia. he even attemped to have me deported by colluding with the the enforcment division in the immigration dept.
Sat, 26 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
isn't he the same "ASSHOLE" that attacked the Expat kid and his folks at JIS??
Sat, 26 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
A real slimy piece of work, that one. I have also noticed that "certain" media tiptoe around all his issues with real kid gloves.
Fri, 25 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
cop it, theo, you greedy thug!oddly, The Jakarta Post have chosen to use a wire service story rather than put one of their own journalists on the job. but then, TJP have never been keen to chase theo, for some unknown reason.
Fri, 25 Aug 2006
Former Indonesian investment promotion agency chief given 6 year jail term
Former Indonesian investment promotion agency chief given 6 year jail term for corruptionJAKARTA (AP): An Indonesian court on Friday convicted the former chairman of the country's investment promotion agency of corruption and sentenced him to six years in jail.
Fri, 25 Aug 2006
Bakrieland to build shopping and office center
jeez, with all these fancy building and real estate developments, not to mention the biodeisel business, i think Mr. Aburizal Bakrie is going to need a newspaper! so that no-one will miss his point.
Fri, 25 Aug 2006
Bakrieland to build shopping and office center
Her's another blurb that will appear next week in MAXX-M magazinethe company has a website, (www.bakrieland.com) but it rarely works and when it does the ENGLISH is disastrous, I hope they pay more attention to detail when installing the foundation or the electric systems in the building...
Fri, 25 Aug 2006
Pertamina to Become an Energy Company
very perceptive miz. ruby-of-the-jungle. pertamina's monopoly is being broken down, so now they're trying to muscle in on someone else's monopoly!interesting move recently also with moody's downgrading their assessment of PGN (State Gas Company), no doubt due to their amazing incompetence and...
Fri, 25 Aug 2006
Indonesia emerges as hive for CDMA2000 networks
Indonesia emerges as hive for CDMA2000 networksAndi Haswidi, The Jakarta Post, JakartaIndonesia has emerged as a new hotbed for CDMA2000 deployments due to the high number of operators, the variety of services offered and the market's positive response, the CDMA Development Group says.