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Tue, 01 Jul 2008
Qatar interest in tire industry
A group of investors from Qatar led by Qatar Islamic Bank wants to invest in the tire industry in the country, said Alwi Shihab, the special presidential envoy for the Middle East, Asia Pulse reported.Shihab said the investors want to invest in Indonesia as 50% of the Middle East's tire requirement...
Tue, 01 Jul 2008
Energizer to relocate plant to Indonesia
US-based Energizer Holdings Inc. plans to relocate its plant from Singapore to Indonesia where demand for batteries has risen by as much as 10% a year, Investor Daily Indonesia quoted an industry ministry official and a company spokesman as saying, Bloomberg reported.
Tue, 01 Jul 2008
AcelorMittal given two licenses: Lutfi
London-based AcelorMittal, the world's largest steelmaker, has been granted two licenses for operations, says M. Lutfi, the head of Indonesia's Investment Coordination Board (BKPM).He told a luncheon hosted by foreign journalists on Wednesday that the company had been granted licenses for...
Tue, 01 Jul 2008
Govt. proposes to cut tax rate on dividends
The government plans to lower the tax rate on dividends to 15% from 20% in an effort to improve the investment climate and encourage the development of financial markets, the tax chief said, reported Reuters.
Tue, 01 Jul 2008
Govt. sets deadline for tax evaders
The government will fine unregistered taxpayers 20% of their total taxes if they fail to register by the end of this year, as part of efforts to increase tax collections, a legislator said, quoted by Reuters Indonesia has a population of 230 million, but only four million people are on the tax...
Tue, 01 Jul 2008
Credit expands despite slowdown
An economic slowdown has not put a brake on credit expansion, according to a central banker, with total outstanding credits up by 33%.In the year ending June 30, banks disbursed Rp284.29 trillion ($31 billion), increasing the total figure for disbursements to Rp1,145.
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
PaHe Gourmet Wrap yang tidak pedas, baby!
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Try a 'pizza hut' pizza from papa cafe jalan jaksa...other 'bad' pizza will quickly be put into perspective.If you have a little room left, drop by McDs for a gourmet wrap
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Death to Dominos! Horrible, raw-dough gummy shite... Looks like a round patch of menses.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: kenyeungOriginally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering.Sounds like a form of "Canareal Disease" called Chirpies. It is tweetable.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering.Sounds like a form of "Canareal Disease" called Chirpies. It is tweetable.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering. They'd have you believe it's a plot. clearly foul play
Mon, 30 Jun 2008
Poultry businesses going bankrupt
Many Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering. They'd have you believe it's a plot.
Mon, 30 Jun 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Domino's was already here once before the crisis, had a location near Tivoli's the Italian restaurant on Kemang Raya, think they closed in the last 3 or 4 years.
Mon, 30 Jun 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
The country's leading retail-marketer for lifestyle brands, PT Mitra Adiperkasa (MAP), will bring London's premier fashion store Harvey Nichols and U.S.-based Domino's Pizza to Jakarta.Company vice president Virendra Prakash Sharma said the two new stores were part of the company's plan to expand...
Mon, 30 Jun 2008
Poultry businesses going bankrupt
Scores of poultry businesses in Jayapura are on the brink of bankruptcy due to low chicken prices, high animal feed prices and competition from other regions."We've been forced to leave our hatches empty since April due to the poor sale prices," said Julianti, owner of Bunga Tani poultry...
Mon, 30 Jun 2008
Indonesia to post wider trade surplus in May as exports rebound - economists
Jakarta (ANTARA News) - Indonesia is expected to report a wider trade surplus in May compared to April as crude palm oil (CPO) exports recovered after falling sharply in the previous month, economists said.
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Originally Posted By: chewwyUKummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were:Japan 142,161, Australia 101,465, Taiwan...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Originally Posted By: chewwyUKummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were: Japan 142,161, Australia 101,465, Taiwan...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
ummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were:Japan 142,161, Australia 101,465, Taiwan 60,395,South Korea 57,300,...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Bali on its Way to 2 Million Visitors in 2008Bali by the Numbers: Month After Month After Month - Bali Continues to Set New Arrival Records.(6/28/2008) Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors, a full +24.
Sun, 29 Jun 2008
Errant Taxpayers Threatened with Company Closure
Errant Taxpayers Threatened with Company ClosureBadung Tourism Official Wants Hotels and Restaurants who Don't Pay Their Taxes Closed.(6/28/2008) The Head of Badung's Regional tourism office, Made Subawa, is quoted in NusaBali as threatening to yank the operating licenses of hotels, restaurants and...
Sun, 29 Jun 2008
Value of Bali's Clothing Exports Down Slightly
Value of Bali's Clothing Exports Down SlightlyBali Exporting More Clothing But Earning Less in 2008.(6/28/2008) Bali's Garment sector is suffering from intense competition from their counterparts in China, Vietnam and India who, according to an Antara report, are producing goods of better quality...
Sat, 28 Jun 2008
Japan needs 1,000 Indonesian workers
Japan needs 1,000 Indonesian workersManado, N Sulawesi, (ANTARA News) - Japan is in need of 1,000 Indonesian workers, comprising 600 nurses and 400 people taking care of elderly people on contract basis for 3 and 4 years.
Fri, 27 Jun 2008
House can now summon anybody involved in oil industry, trade : legislator
Originally Posted By: Dilli"In addition, the overseas oil purchases were made through the services of brokers making the purchasing prices higher then they could be," Bimo said.I believe there are a group of Indonesians in Singapore doing rather nicely out of these "overseas" purchases And I...
Fri, 27 Jun 2008
Saudi proposes joint investment promotion initiative to RI
A Saudi investor has proposed Indonesia and Saudi set up a joint promotion company to increase investment in both countries.According to the chairman of the Global Unions Company of Saudi Arabia, Dr. Khalid S. Al Musa, the proposed body would promote investment projects.
Fri, 27 Jun 2008
House can now summon anybody involved in oil industry, trade : legislator
"In addition, the overseas oil purchases were made through the services of brokers making the purchasing prices higher then they could be," Bimo said.I believe there are a group of Indonesians in Singapore doing rather nicely out of these "overseas" purchases
Fri, 27 Jun 2008
House can now summon anybody involved in oil industry, trade : legislator
Jakarta, (ANTARA News) - By deciding to use its right of inquiry on the government`s fuel oil pricing policy, the House of Representatives (DPR) can now summon anyone involved in the production, distribution and consumption of fuel oils for questioning, one of the legislators behind the initiative...
Fri, 27 Jun 2008
Visitor arrivals in Singapore up 0.8 pct in May, Indonesians lead the numbers
Singapore (ANTARA News) - Visitor arrivals in Singapore rose 0.8 percent to 828,000 in May from a year earlier, a record for the month, the Singapore Tourism Board (STB) said on Friday.Tourists paid 28.
Fri, 27 Jun 2008
Japan to cut import duties on 80 pct tariff posts for Indonesia
Jakarta, (ANTARA News) - The Japanese government will cut its import duties on 80 percent of tariff posts of goods from Indonesia beginning July 1, 2008, as part of the implementation of the Economic Partnership Agreement (EPA) between the two countries, Indonesian Trade Minister Mari Elka Pangestu...
Fri, 27 Jun 2008
Saudi investors ready to invest $2 B in RI`s Agroindustry
Jakarta, (ANTARA News) - Eight Saudi large companies have set aside US$2 billion to develop Indonesia`s agroindustry, a Saudi executive said."Saudi Arabia has allocated huge funds for investment in the agroindustry.
Thu, 26 Jun 2008
CBM investors to get more certainty
A revision to a ministerial decree on coalbed methane (CBM) mining to be signed tomorrow promises more certainties to investors, but more issues need to be followed up, a minister says.Director of Oil and Gas at the Energy and Mineral Resources Ministry Luluk Sumiarso said the new regulation would...
Thu, 26 Jun 2008
Indonesian government more efficient, less corrupt: World Bank
They obviously have not heard the latest phone calls recording that has been played at the Nur Salim bribery trial..........
Thu, 26 Jun 2008
RI among Asia-Pacific's top expansion destinations
Indonesia remains attractive to expansion-minded multi-national firms despite global fallout from the U.S.' sub-prime crisis, a survey reveals.According to a report by global real estate management firm Jones Lang LaSalle, of 15 nations surveyed in the Asia-Pacific region, Indonesia ranks sixth in...
Thu, 26 Jun 2008
Indonesian government more efficient, less corrupt: World Bank
which indonesia are they talking about? is there more than one indonesia in this world of ours?
Thu, 26 Jun 2008
Indonesian government more efficient, less corrupt: World Bank
Jakarta (ANTARA News) - A reform push by leaders in Indonesia has substantially improved the performance of government and cut into corruption in Southeast Asia's largest economy, the World Bank said Wednesday.
Wed, 25 Jun 2008
Central govt plans to cash in on regional profits
Aditya Suharmoko, The Jakarta Post, JakartaThe central government plans to increase its take of profits garnered by regions through commodity trade starting next year in a bid to create a more balanced fiscal management, a ministry official says.
Wed, 25 Jun 2008
Soaring coal prices cause a frenzy among investors
Harry Su , AnalystWith coal prices at an all-time high, foreign and local investors alike are clamoring to accumulate coal mines as well as coal-mining stocks.Bumi Resources is an example of this, having displaced Telkom Indonesia as the biggest company on the Indonesia Stock Exchange (IDX) in...
Wed, 25 Jun 2008
Indonesia company begins exporting fire trucks
Jakarta (ANTARA News) - Indonesian company PT New Sentosa here Tuesday conducted a maiden shipment of 4 fire trucks to Tanzania in a ceremony attended also by Trade Minister Mari Elka Pangestu.The shipment was part of a US$640,000 order for 15 fire trucks from the African country, the minister said...
Wed, 25 Jun 2008
Honesty in advertising should come from the drawing board
Though it has been suggested often, I have refrained from writing about a continuing malaise in the advertising industry, a fraternity I used to be a member of. That is because candor is often not appreciated, or deemed partisan. So I will stick with the facts.
Wed, 25 Jun 2008
Prime Petroservices to build mini LNG plant worth $327m Ika Krismantari , The Jakarta Post , Jakarta | Tue, 06/
Integrated oil and gas service provider PT Prime Petroservices (PPS) plans to build a small liquefied natural gas (LNG) plant in Bali this year with a total investment of Rp 3 trillion (US$327 million).
Wed, 25 Jun 2008
Hanfeng Evergreen forms joint ventures to build plants in China and Indonesia
The Canadian PressTORONTO - Hanfeng Evergreen Inc. (TSX:HF) said Monday it has signed two deals to build new fertilizer plants in China and Indonesia.The Toronto-based company said it signed one deal to form a 50-50 joint venture with Shandong Mingshui Great Chemical Group to build and operate a...
Wed, 25 Jun 2008
Retail suppliers renew old grudges as prices surge
A dispute over retail-supplier contracts for medium enterprises has resurfaced in the wake of rising fuel and commodity prices after being silenced last year by a presidential decree.In 2005, PT Sariboga Snacks won a case against Carrefour after reporting the retail giant to the Business...
Wed, 25 Jun 2008
Editorial: Incentives for taxpayers
Citizens with taxpayer registration numbers will soon be exempted from the Rp 1 million (US$100) exit tax which all Indonesians, irrespective of age, must pay when they go overseas.A bigger incentive is that children of a father or mother with a taxpayer number will also be exempted from the exit...
Mon, 23 Jun 2008
All Jakarta to be wi-fi by year end: Telkom
Publicly-listed telecommunication firm PT Telkom said June 15 it would connect all public places in Jakarta with wireless broadband by the end of this year."We expect all strategic locations in Jakarta to be covered by our hotspots with a bandwidth capacity of 1 Mbps by the end of 2008," general...
Mon, 23 Jun 2008
Soybean production may rise 63% in 2009
Soybean production in Indonesia may increase 63% next year, more than previously expected, as planting increases, Bloomberg reported.The harvest may rise to 1.5 million metric tons, Agriculture Minister Anton Apriyantono, said. That compares with his January 21 estimate for production to reach 1.
Mon, 23 Jun 2008
Jan-May actual investment jumps 80.9%
Actual investment in the first five months to May surged 80.9% to Rp93.9 trillion ($10.4 billion) from Rp51.9 trillion a year ago, Bisnis Indonesia reported on Tuesday, citing Investment Coordinating Board (BKPM) chairman Muhammad Lutfi.
Mon, 23 Jun 2008
Thousand Islands to improve transportation
The Jakarta administration is considering developing a transportation system in the Thousand Islands regency in an attempt to improve the mobility of residents there.Governor Fauzi Bowo said Sunday some improvements on water transportation needed to be made to support goods and service distribution...
Mon, 23 Jun 2008
Suryainti to invest US$111 mln to build new tourist resort in Bali
Jakarta (ANTARA News/Asia Pulse) - Listed property company PT Suryainti Permata (JSX:SIIP) has said it will build a tourist resort over a 20-hectare plot of land in the Pecatu area in Bali with a total investment of Rp1 trillion (US$111 million).
Mon, 23 Jun 2008
Adidas seeks friendly breakup with supplier
most of the shoe manufacturing contractors in indonesia are actually owned and operated by obsessive koreans, despite the companies being nominally owned by indonesians.