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Wed, 03 May 2006
Toyota lowers Indonesia sales target due to sluggish demand
Toyota lowers Indonesia sales target due to sluggish demandThe Jakarta Post, JakartaThe country's largest automobile manufacturer, PT Toyota Astra Motor, has lowered its new car sales target for this year to between 120,000 and 130,000 units, or between 28 and 34 percent less than last year's...
Tue, 02 May 2006
Marine Business Management Transferred To Private Ownership
Marine Business Management Transferred To Private OwnershipTuesday, 02 May, 2006 | 14:23 WIBTEMPO Interactive, Jakarta: The management of the marine sector will be fully transferred to private parties. The government's role has been so dominant that maritime industrial growth was slow.
Tue, 02 May 2006
UAE, Indonesia keen to boost economic ties
UAE, Indonesia keen to boost economic ties(Wam)2 May 2006 ABU DHABI - The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, held talks here yesterday at the Al Mushref Palace with Indonesian President Sisolo Bambang Yodhoyono, who is currently on a visit to the UAE.
Tue, 02 May 2006
Indonesia Q1 tourist arrivals down 13%
May 02 10:36INDONESIA Q1 TOURIST ARRIVALS DOWN 13.13 PCT YOY, BALI LEADS FALLJakarta (ANTARA News) - Foreign tourists arrivals during the first quarter to March dropped 13.13 pct year-on-year to 871,817 from 1.
Mon, 01 May 2006
Furniture industry seeks government help
Furniture industry seeks government helpBenget Simbolon Tnb., The Jakarta Post, JakartaThe furniture industry is urging the government to curb the illegal exportation of wood and rattan and take other steps to shore up the industry's declining market share at home and overseas.
Mon, 01 May 2006
Darmin faces tough job reforming tax office
Darmin faces tough job reforming tax officeRendi Akhmad Witular, The Jakarta Post, JakartaFinance Minister Sri Mulyani Indrawati's appointment of her long-time colleague Darmin Nasution as the new director general of taxation could be seen as sign of her distrust toward most bureaucrats at the...
Mon, 01 May 2006
SBY hopeful of Kuwait oil firm's investment in RI
SBY hopeful of Kuwait oil firm's investment in RIDadan Wijaksana, The Jakarta Post, Kuwait CityPresident Susilo Bambang Yudhoyono believes the interest of Kuwait Petroleum Company (KPC), a major energy firm in the region, to develop an oil refinery in Indonesia indicates improving bilateral...
Fri, 28 Apr 2006
Batam shopping promotion aimed at bagging tourists
I like batam, transit point to Singapore
Fri, 28 Apr 2006
Batam shopping promotion aimed at bagging tourists
Batam shopping promotion aimed at bagging touristsFadli, The Jakarta Post, BatamThe Batam city administration and the local tourism industry are to launch a "shopping adventure program" in early May to attract more overseas tourists to the island located in Riau Islands province.
Fri, 28 Apr 2006
Eterindo to Expand into Bio-diesel
Eterindo to Expand into Bio-dieselThursday, 27 April, 2006 | 08:19 WIBTEMPO Interactive, Jakarta: PT Eterindo Wahanatama will start producing biodiesel for fuel mixing.“The product will be produced by one of our affiliated companies, PT Anugerahinti Gemanusa in Gresik,” said Yudianto Kosman, an...
Fri, 28 Apr 2006
Sri Mulyani orders end to shoddy service
Sri Mulyani orders end to shoddy serviceRendi Akhmad Witular, The Jakarta Post, JakartaFinance Minister Sri Mulyani Indrawati quoted from Nobel laureate Amartya Sen in a stern reminder Thursday to government officials to prioritize their sense of public service over an inflated desire for power.
Thu, 27 Apr 2006
Mazda Announces Plans To Reenter Indonesian Market -Kyodo
Mazda Announces Plans To Reenter Indonesian Market -KyodoThursday April 27, 3:23 AM EDTTOKYO, Japan -(Dow Jones)- Mazda Motor Corp. (7261.TO) on Thursday officially announced plans to renter the Indonesian market through the establishment of a wholly owned sales company, PT Mazda Motor Indonesia,...
Thu, 27 Apr 2006
Medco buys 50% of gas field
Medco buys 50% of gas fieldJAKARTA - Publicly traded energy company PT Medco Energi Internasional said its wholly owned subsidiary Medco Far East Limited has acquired a 50 per cent stake in Block A gas field in Aceh.
Thu, 27 Apr 2006
Rp1.2 Trillion Funding for Goods Trains
Rp1.2 Trillion Funding for Goods TrainsWednesday, 26 April, 2006 | 15:30 WIBTEMPO Interactive, Jakarta: Next year the government will allocate Rp1.2 trillion in funding to develop goods trains infrastructure in Java.
Thu, 27 Apr 2006
Labor pains in Indonesia
From The Jakarta Eye http://www.jakartaeye.org/ Wednesday, April 26, 2006LABOR PAINS AND HYPNOTISED CHICKENSI was somewhat impressed that my latest filing for the Asia Times attracted comment from Melody Kemp.
Thu, 27 Apr 2006
Labor pains in Indonesia
Labor pains in IndonesiaBy Bill GuerinJAKARTA - Up in arms over a government proposal to amend the national labor law, Indonesia's powerful unions have threatened to stage a nationwide general strike next Monday that could cast another dark cloud over the country's already dimming investment...
Thu, 27 Apr 2006
BKPM reveals drop in actual FDI figures
BKPM reveals drop in actual FDI figuresUrip Hudiono, The Jakarta Post, JakartaHard work still lies ahead for the government despite its expectations of higher growth this year on more investments, with official figures showing actual overseas investment slowing down and a decline in proposals...
Sun, 23 Apr 2006
Sri Mulyani fires chiefs of tax, customs offices
Sri Mulyani fires chiefs of tax, customs officesRendi Akhmad Witular, The Jakarta Post, JakartaThe government has fired the chiefs of the tax and customs offices, a move widely seen as a renewed bid to root out graft in the notoriously corrupt agencies.
Fri, 21 Apr 2006
Indonesia's Bakrie to build power project
Apr 22, 2006 Indonesia's Bakrie to build power projectJAKARTA - PT Bakrie & Brothers is finalizing the feasibility study on a steam powered electricity generating project with a capacity of 1,320 megawatts in Cirebon, West Java.
Fri, 21 Apr 2006
Bakrie exports cranes to Australia
the nationalist morons are now becoming confused.
Fri, 21 Apr 2006
Bakrie exports cranes to Australia
So export out of Indo is ok, but import into Indo is a no no.
Fri, 21 Apr 2006
Chinese bizmen compain about RI collegues' inability to meet orders
Apr 20 22:04CHINESE BIZMEN COMPLAIN ABOUT RI COLLEAGUES' INABILITY TO MEET ORDERS Jakarta (ANTARA News) - Chinase businessmen have complained about Indonesian businessmen`s inability to take opportunities in supplying certain goods to China, a Chinese diplomat said.
Fri, 21 Apr 2006
Bakrie exports cranes to Australia
Bakrie exports cranes to AustraliaMerak, Banten, The Jakarta PostPT Bakrie Construction, a subsidiary of PT Bakrie & Brothers, is pushing ahead with the planned export of five rail-mounted gantry cranes worth US$8 million to Australia despite a call for a boycott of Indonesia's southern...
Thu, 20 Apr 2006
Freeport Indonesia pays US$1.2bn in tax
Tax, security and law is one corelation (for this mining).
Wed, 19 Apr 2006
Freeport Indonesia pays US$1.2bn in tax
Indonesia (Elang, Sumbawa). A recent guerrilla attack on a Newmont Mining Corp exploration team forced the company to evacuate 130 people and suspend operations in the area. This attack follows numerous violent protests against the resource extraction industry in the country -- which generates 12...
Wed, 19 Apr 2006
Freeport Indonesia pays US$1.2bn in tax
Apr 20, 2006 Freeport Indonesia pays US$1.2bn in taxJAYAPURA, Papua - PT Freeport Indonesia (FI), which has been in the spotlight for alleged environmental-unfriendly gold, silver and copper mining activities in Tembagapura, Mimika district, paid US$1.
Wed, 19 Apr 2006
President advises handicraft traders to create int'l trade marks
Apr 19 17:58President advises handicraft traders to create int'l trade marks Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said national handicraft product traders should begin to think of creating their own international trademarks that are often the key to success in the overseas...
Wed, 19 Apr 2006
Indonesia embraced by Calpers
Indonesia embraced by CalpersBy Arijit Ghosh and Naila Firdausi Bloomberg NewsWEDNESDAY, APRIL 19, 2006JAKARTA The California Public Employees' Retirement System, the largest U.S. pension fund, has added Indonesia to the list of countries in which its fund managers may invest, helping Indonesian...
Wed, 19 Apr 2006
Riyadh, Jakarta to Set Up Refinery Project in Indonesia
Riyadh, Jakarta to Set Up Refinery Project in IndonesiaM. Ghazanfar Ali Khan, Arab News RIYADH, 19 April 2006 - Dr. Alwi Shihab, a special envoy of Indonesian President Susilo Bambang Yudhoyono, said Saudi Arabia and Indonesia are working on a proposal to set up a joint refinery project in...
Wed, 19 Apr 2006
Bakrie Sumatera builds biodiesel plant
Apr 19 00:37Bakrie Sumatera builds biodiesel plant Jakarta (ANTARA News) - PT Bakrie Sumatera Plantations Tbk (BSP), in association with PT Rekayasa Industri (Rekin), will soon build a bio-diesel plant with a capacity of 60,000 to 100,000 tons a year at a cost of US$25 million.
Tue, 18 Apr 2006
Bali struggles to revive tourism
I love bali, I am going there soon Bali I am coming!!!
Tue, 18 Apr 2006
Bali struggles to revive tourism
Quote:Originally posted by KuKuKaChu: ["Why don't they come back? We are going bankrupt," the waiter said. "The level of occupancy is so low. It is so scary," said Ratna Radja Ully, secretary of the Bali branch of the Pacific Asia Travel Association.
Tue, 18 Apr 2006
Bali struggles to revive tourism
Bali struggles to revive tourismBy Benito Lopulalan Agence France-PresseMONDAY, APRIL 17, 2006DENPASAR, Indonesia A waiter at one of the seafood restaurants strung along Bali's Jimbaran Bay gestures toward the other end of the beach, a sparsely populated stretch of sand where suicide bombs were...
Tue, 18 Apr 2006
US$10 Million Investment Required For Indonesia
US$10 Million Investment Required For IndonesiaTuesday, 18 April, 2006 | 15:38 WIBTEMPO Interactive, Jakarta: The government estimated that Indonesia requires a US$5-10 million (RP90 billion) investment to accelerate the investment growth in Indonesia's outer islands.
Mon, 17 Apr 2006
Motorcycle sales down in first quarter
Motorcycle sales down in first quarterThe Jakarta Post, JakartaThe Association of Indonesian Motorcycle Manufacturers is optimistic this year's sales target can be achieved despite a drop in sales during the first quarter.
Sat, 15 Apr 2006
Indonesia to start producing biodiesel fuel next year
Apr 15 13:42Indonesia to start producing biodiesel fuel next year Batam (ANTARA News) - Minister of Energy and Mineral Resources Purnomo Yusgiantoro said here on Friday he hoped several regions in Indonesia would be able to start producing biodiesel fuel from castor kernel as an alternative fossil...
Sat, 15 Apr 2006
Furniture makers urged to widen material base
Furniture makers urged to widen material baseFurniture makers must diversify their raw materials and begin moving away from teak, mahogany and rattan, to cope with acute shortages of these materials, an industry official says.
Sat, 15 Apr 2006
Local furniture industry sees declining market share
Local furniture industry sees declining market shareBenget Simbolon Tnb., The Jakarta Post, JakartaIndonesia's furniture industry is losing its market share to imported products as it faces increasingly tougher competition on the international market due to the influx of products from other Asian...
Thu, 13 Apr 2006
New law to bring issuance of local taxes into line
New law to bring issuance of local taxes into lineUrip Hudiono, The Jakarta Post, JakartaThe government, in another effort to improve the country's investment climate, has completed a new bill prohibiting regions from arbitrarily imposing local taxes.
Thu, 13 Apr 2006
Pertamina, Aramco considering to build oil refinery
Apr 13 04:18Pertamina, Aramco considering to build oil refinery Jakarta (ANTARA News) - Indonesian state-owned oil company Pertamina is considering to build an oil refinery in cooperation with the Saudi oil company Aramco.
Wed, 12 Apr 2006
WB praises economy, graft still a problem
WB praises economy, graft still a problemRendi Akhmad Witular, The Jakarta Post, JakartaWhile expressing confidence over progress in the country's economy, the World Bank has stressed the need for the government and legislature to boost efforts to root out rampant corruption.
Wed, 12 Apr 2006
Graft and the hajj - Jakarta on the spot
Graft and the hajj - Jakarta on the spotBy Donald Greenlees International Herald TribuneWEDNESDAY, APRIL 12, 2006JAKARTA Every year, more than 200,000 Indonesian Muslims join the pilgrimage to Mecca, Islam's most holy site.
Tue, 11 Apr 2006
Bakrie Brothers back in the black
Still would not do business with them if I could avoid it!
Tue, 11 Apr 2006
U.S. investors looking again at RI
U.S. investors looking again at RIAbdul Khalik. The Jakarta Post, JakartaU.S. investors are becoming more interested in putting their money into Indonesia's textile, commodities, furniture, mineral, and energy sectors amid an improving business and political climate here, a minister says.
Tue, 11 Apr 2006
Bakrie Brothers back in the black
Bakrie Brothers back in the blackThe Jakarta Post, JakartaAfter falling into the red in 2004, PT Bakrie and Brothers Tbk returned to the black in 2005 with net earnings and operating profits of Rp 267 billion (about US$28.8 million) and Rp 223 billion, respectively.
Sun, 09 Apr 2006
Exxon May Delay Cepu Oil Drilling on Rig Scarcity
He Kuku!Could not have said that better! Cepu is Indonesia's production -life preserver! Exxon, though it pains me to say this, got it right! The eventual production and processing of the field will allow Indonesia to be stand alone and once again a net exporter!
Sun, 09 Apr 2006
Exxon May Delay Cepu Oil Drilling on Rig Scarcity
foreign oil companies here are totally infused with the indonesian bureaucratic and rentier mind-set, which is why what should take, say, a month to achieve, takes a year. that's why exxon fought so hard to exclude pertamina from management of the Cepu block; they are parasites who don't give a...
Sun, 09 Apr 2006
Exxon May Delay Cepu Oil Drilling on Rig Scarcity
The funny thing is that there are rigs, pipe casing, bits, etc. all over this country, but there is so much B.S. to get anything done, that it's crazy. Your right though,there is no way they will drill 34 wells this year or probably next year either.
Sun, 09 Apr 2006
Exxon May Delay Cepu Oil Drilling on Rig Scarcity
Its not only the Rig shortage which is the problem, the logistics behind the drilling operation, Casing, Tubing and other associated equipment is on a 6-8 month delivery. So far Exon Mobil have not tendered for any of these components and with the bid process taking 2 months, drilling would not be...
Sun, 09 Apr 2006
Exxon May Delay Cepu Oil Drilling on Rig Scarcity
Exxon May Delay Cepu Oil Drilling on Rig ScarcityApril 7 (Bloomberg) -- Exxon Mobil Corp. and Indonesia's state oil company PT Pertamina may not drill at the $2.6 billion Cepu project until early next year because of a scarcity of rigs, further delaying production after a four-year ownership...