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Fri, 03 Mar 2006
Govt to shake up Pertamina
Govt to shake up Pertamina President The Jakarta Post, JakartaRecognizing the urgent need to boost domestic crude production, President Susilo Bambang Yudhoyono has pledged to overhaul state oil and gas firm PT Pertamina.
Fri, 03 Mar 2006
Reform needed to open up property sector
More reform needed to open up property sector Anissa S. Febrina, The Jakarta Post, JakartaOpening up the property sector to non-Indonesian nationals will apparently require a thorough overhaul of the relevant legislation and regulations, including those on residency, taxation and investment.
Fri, 03 Mar 2006
Improve competitiveness or risk missing the boat
Improve competitiveness or risk missing the boat: President Tony Hotland, The Jakarta Post, Phnom PenhAmid an increasing trend toward the relocation of labor-intensive industries, Indonesia must strive to consistently improve its competitiveness so as not to lose out to fast-growing neighbors, such...
Fri, 03 Mar 2006
Govt unveils measures to revive investment
Govt unveils measures to revive investment The Jakarta Post, JakartaThe government, determined to create a friendly investment climate to compete with neighboring countries, released Thursday a policy package, which includes a ruling to reduce business licensing from 150 days to 30 days.
Fri, 03 Mar 2006
Govt can expel british national for violating regulations
Mar 03 00:28 Govt can expel british national for violating regulations Jakarta (ANTARA News) - Minister of Marine and Fishery Affairs Freddy Numberi said the government has the authority to expel Ernest Lewandowski, a British national living in Bidadari islet, East Nusa Tenggara province, for...
Thu, 02 Mar 2006
RI ready to make drastic changes to citizenships law
Mar 01 23:32 RI ready to make drastic changes to citizenships law Washington (ANTARA News) - The Indonesian government is ready to make drastic changes to its citizenship law in adjustment to present-day conditions, Legal and Human Rights Minister Hamid Awaluddin said here on Tuesday.
Thu, 02 Mar 2006
BPKM comes to defense of Briton in Bidadari resort controversy
BPKM comes to defense of Briton in Bidadari resort controversy Investment Coordinating Board (BKPM) chairman M. Luthfi made it clear Wednesday that businessman Ernest Ledandowsky could go ahead with the construction of a hotel and cottage facilities on Bidadari island in the province of East Nusa...
Thu, 02 Mar 2006
Excelcomindo sinks deeper into the red
Excelcomindo sinks deeper into the red PT Excelcomindo Pratama, an Indonesian cellular operator controlled by Malaysian telecommunications giant Telekom Malaysia, fell deeper into the red last year, with its net loss increasing almost fourfold to Rp 224.09 billion (US$23.5 million).
Wed, 01 Mar 2006
RI still has work to do, economists says
http://www.thejakartapost.com/detailheadlines.asp?fileid=20060301.A02&irec=4 RI still has work to do, economists says Urip Hudiono, The Jakarta Post, JakartaThe country's often gloomy business and economic front received a much-welcome boost this week, with several positive reviews from...
Wed, 01 Mar 2006
Investment incentive package finalized
Investment incentive package finalized The Jakarta Post, JakartaThe government has finalized a new package of policies aimed at boosting investment, including the provision of tax incentives for investors in the underdeveloped eastern part of the country and for local small and medium enterprises...
Wed, 01 Mar 2006
Tax reform on the back burner
Lawmakers put tax reform on the back burner Rendi Akhmad Witular, The Jakarta Post, JakartaLawmakers and tax officials are in no hurry to push through the much-anticipated reform of the country's tax regime, even as time runs out for its completion this year.
Wed, 01 Mar 2006
Hutchison, NTS exempt from up-front payments
Govt exempts Hutchison, NTS from up-front paymentsThe Jakarta Post, JakartaAmid criticism of its failure to respect the sanctity of contract and uphold legal certainty, the government has decided to grant some relief, albeit temporarily, to two foreign-owned 3G operators as regards the demand they...
Wed, 01 Mar 2006
Time to open up property sector
Analysts say it's time to open up property sector Anissa S. Febrina, The Jakarta Post, JakartaGiving foreign nationals greater property rights in Indonesia could absorb up to US$10 billion in potential investment and make the sector more resilient in times of crisis, a property analyst says.
Wed, 01 Mar 2006
Trade and Investment News, 27 February 2006
Trade and Investment News, 27 February 2006Written by Mahendra Siregar/ Hari S.noegroho Tuesday, 28 February 2006 HighlightsPolitics• Three members of a hard-line group arrested over violent demonstration on the US embassy• North Korea calls on Jakarta to mediate on its behalf Regions• The...
Thu, 23 Feb 2006
Govt plans investment reform package
Kuku,I'm getting dizzy reading those business things. Business can't be separated from politics. I find some businessmen talk about politics all the time and they find it so difficult to set up a business here for foreign investors.
Thu, 23 Feb 2006
Govt plans investment reform package
Govt plans investment reform package Riyadi Suparno, The Jakarta Post, JakartaAmid slower-than-hoped-for economic growth, the government is preparing a reform package that will include a revision of various laws and regulations deemed to be hampering investment in a bid to woo overseas money and...
Mon, 20 Feb 2006
Bureaucracy snag may curb crucial govt spending
Bureaucracy snag may curb crucial govt spending Urip Hudiono, The Jakarta Post, JakartaWith consumer confidence down on high inflation and interest rates, the economy here may still have to rely on government spending to jump start growth this year, but that is impeded by red tape.
Sat, 18 Feb 2006
New policy package reaches out to investors
New policy package reaches out to investors Urip Hudiono, The Jakarta Post, JakartaThe government has prepared a package of 153 policy actions for this year to encourage private investment in the much-needed development of infrastructure to support higher economic growth.
Thu, 16 Feb 2006
Dutch port operator backs RI hub port development
Dutch port operator backs RI hub port development The Jakarta Post, JakartaFor a country with great export potential such as Indonesia, putting in place a hub port -- which enables direct shipping of goods -- is crucial to support its economic development, say experts from the Port of Rotterdam in...
Thu, 16 Feb 2006
It's a hard knocks life for business in RI
It's a hard knocks life for business in RI For industrialists in Indonesia today, it's like being the loser in a boxing match. First, the swift hard jab of the government's decision that industry must pay market prices for oil-based fuels -- more than double the previous subsidized prices --...
Thu, 16 Feb 2006
Govt vows to improve investment climate
Govt vows to improve investment climateThe Jakarta PostJakartaThe government is planning a new policy package that aims to improve the domestic investment climate, according to Coordinating Minister for the Economy Boediono.
Wed, 15 Feb 2006
U.S. businesses upbeat about RI reforms
http://www.thejakartapost.com/detailbusiness.asp?fileid=20060215.L03&irec=6 U.S. businesses upbeat about RI reforms The Jakarta Post, JakartaA group of Singapore-based U.S. businesspeople have expressed confidence about the future outlook for Indonesia's economy due to its expanding market and...
Wed, 15 Feb 2006
Over $1b in new investment approved in January
Over $1b in new investment approved in January Rendi Akhmad Witular, The Jakarta Post, JakartaThe prospect of a prolonged economic slowdown has not deterred nine local and overseas firms from proposing new investment plans worth over US$1 billion to the government, a senior official says.
Tue, 14 Feb 2006
New measures planned to help corporate sector
New measures planned to help corporate sectorRendi Akhmad Witular, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono is set to unveil a new economic policy aimed at helping revive the country's corporate sector, which was hard hit by the fuel price hikes and ensuing economic slowdown last...
Mon, 13 Feb 2006
Dual citizenship not enough
Dual citizenship not enough Sally Wellesley, JakartaThe limited dual citizenship being hailed as a breakthrough by Slamet Effendy Yusuf, chairman of the House special committee on citizenship (Bill may lead the way for dual citizenship, The Jakarta Post, on Feb.
Sun, 12 Feb 2006
Tupai/Thuggish Ex-Investment Chief Held For Alleged Corruption
Yeh poor Pak Theo, doing hard time with Pak Bob H. and Pak Harto junior. ForeDrive on supirmassage just a little bit lower
Sun, 12 Feb 2006
Moody's may upgrade RI rating
Moody's may upgrade RI rating The government welcomed S&P's credit rating outlook upgrade and is looking forward to similar decisions by other rating agencies, which would further boost the rupiah and support a US$1 billion global bond offering sometime next month.
Sun, 12 Feb 2006
Tupai/Thuggish Ex-Investment Chief Held For Alleged Corruption
pak theo -- god bless him -- is currently in jail awaiting trial on corruption charges. poor theo. poor, poor theo.
Sat, 11 Feb 2006
Tupai/Thuggish Ex-Investment Chief Held For Alleged Corruption
Need to get a couple of things straight here. Not about the Korruption but the basketball game. Firstly Theo's son was not sent off for rough play, he had one foul called on him as did almost every kid on the court.
Tue, 07 Feb 2006
Lawmakers doubt promise to improve immigration service
Lawmakers doubt promise to improve immigration serviceMuninggar Sri Saraswati, The Jakarta Post, JakartaThe Justice and Human Rights Minister's promise to improve the Directorate for Immigration's notoriously poor service record failed to impress House of Representatives legislators on Monday.
Thu, 02 Feb 2006
ICW: Govt. Must Audit Tax and Customs Offices
ICW: Govt. Must Audit Tax and Customs Offices Jakarta (ANTARA News) - Indonesia Corruption Watch (ICW) has urged the government to audit tax offices and customs & excise offices in the country to uncover fictitious export practices and to capture those committing fictitious export who have...
Thu, 02 Feb 2006
Foreign Tourists to Indonesia Drops by 10.28 Percent
Number of Foreign Tourists to Indonesia Drops by 10.28 Percent Jakarta (ANTARA News) - The number of foreign tourists to Indonesia who arrived at 13 entry points in 2005 reached 4.07 million, a 10.28 percent decline compared to the 4.54 million who came to the country in 2004, a spokesman said.
Wed, 01 Feb 2006
Furniture industry expects rickety growth this year
Furniture industry expects rickety growth this yearThe Jakarta Post, JakartaIn contrast to rising demand on the world market, Indonesian furniture exports will be stagnant this year due to falling competitiveness, an association has predicted.
Sun, 29 Jan 2006
Wounded Bali on the road to recovery
Quote:Originally posted by Polar Bear: The Bali incidents only served to bring Australia and Bali closer together.... and drive indonesia and bali further apart ...
Sun, 29 Jan 2006
Wounded Bali on the road to recovery
POINT BLANK: Wounded Bali on the road to recoveryJohan Jaaffar Jan 28: I’LL bet Ida Bagus Raka Pudjana, I Ketut Acit and Remes I Nengah have never met. But their lives are intertwined somewhat - in the form of the Bali tourism industry.
Fri, 27 Jan 2006
Why Islamic conservatism is up in Aceh?
Blame GUS DUR! this blinded former President whose encouraged the introduction of the Syariah law in Aceh. He oppened the door for those muslim radicals to control people, especially women. As I said, Aceh going back to stone era! very sad indeed!
Fri, 27 Jan 2006
Why Islamic conservatism is up in Aceh?
Problems start to occur when:1. politics mix with religion.2. Illiterate or backward people embrace a religion.3. Followers of the religion start to force it upon other people.
Fri, 27 Jan 2006
Why Islamic conservatism is up in Aceh?
Loved the word of "Arabization"I think Indonesian Muslims really screwed up both moderate and conservative. They are going in the wrong directions! 200 years backward. If they want to “mencontoh” Arabs, why don’t they pick JORDAN! Yes Jordan is the only Arab country I considered.
Thu, 26 Jan 2006
Why Islamic conservatism is up in Aceh?
Why Islamic conservatism is up in Aceh? Aguswandi, Banda AcehThe fundamental problem facing Muslims and others seeking to understand Islam is not that there are too many versions of Islam. There is only one Islam, but there are a thousand possible interpretations of its texts and precepts.
Wed, 25 Jan 2006
Guerin/Privatization stalls in Indonesia
Privatization stalls in IndonesiaBy Bill Guerin JAKARTA - Recent comments by Indonesian Minister for State-Owned Enterprises Sugiharto that Jakarta planned to "buy back" a stake in publicly listed Indosat, the country's second-largest telecommunications operator, raised eyebrows in Singapore.
Wed, 25 Jan 2006
Local governments call for greater certainty over investment permits
Local governments call for greater certainty over investment permits The Regional Representatives Council (DPD) and local investment agencies have urged the central government to ensure more consistency in investment permit regulations as many foreign investors are reluctant to do business here due...
Wed, 18 Jan 2006
BI sees stronger rupiah amid investment inflow
BI sees stronger rupiah amid investment inflow Urip Hudiono, The Jakarta Post, JakartaThe central bank expects the rupiah to strengthen by the end of the year as foreign direct investment (FDI) into the country picks up and the economy continues to improve.
Sun, 15 Jan 2006
Apartment blues
Apartment blues Living in an apartment is new to many Indonesians, despite a number of apartment buildings that have sprung up in the capital's concrete jungle since the late 1980s.The City administration introduced apartment buildings, in line with a campaign on living in vertical buildings, in...
Fri, 13 Jan 2006
KPK asked to help reorder immigration
as we knew together, that justice minister and, KPK never stop trying to wipe out the all coruptors in Indonesia...but it's never endingcause the coruptors in Indonesia likes pimpels "Hilang satu tumbuh seribu"
Fri, 13 Jan 2006
KPK asked to help reorder immigration
KPK asked to help reorder immigration JAKARTA: Justice minister Hamid Awaluddin wants the Corruption Eradication Commission (KPK) to help him restructure the corruption-ridden immigration office.Hamid said on Wednesday he was studying a KPK report on graft in the office, which he oversees, before...
Thu, 12 Jan 2006
RI, Malaysia flesh out treaty on double taxation
almost everyone didn't want to pay the tax and hate very much tax.as long as I know, many businessmens in Indonesia didn't want to pay tax, by means of avoided made NPWP (tax number).
Thu, 12 Jan 2006
RI, Malaysia flesh out treaty on double taxation
I think the tax treaty is good and mutual for both countries.. it is aimed to avoid double taxation.. However for some people tax could be pain in da ass cause sometimes it doesn't bring any goods and benefits for those people who already pay tax.. The outcomes just doesn't the way we want it..
Wed, 11 Jan 2006
RI, Malaysia flesh out treaty on double taxation
RI, Malaysia flesh out treaty on double taxation Rendi A. Witular, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono is slated to sign a memorandum of understanding (MOU) with visiting Malaysian Prime Minister Abdullah Ahmad Badawi this week to expand the current agreement on the...
Tue, 10 Jan 2006
Guerin/Indonesia hypes the economy
Indonesia hypes the economyBy Bill GuerinJAKARTA - Despite current unfavorable economic indicators, optimistic 2006 budget parameters set by the Indonesian government assume the country's US$280 billion economy will grow by 6.
Mon, 09 Jan 2006
Rupiah to remain volatile, says George Soros
The Jakarta Post, http://www.thejakartapost.com/detailheadlines.asp?fileid=20060109.@03&irec=2 Rupiah to remain volatile, says George Soros Ati Nurbaiti and Rendi Akhmad Witular, The Jakarta Post, JakartaDespite recently recovering from a slump, the rupiah is likely to remain volatile this year...