Search Archive
Search Tips
You can use boolean operators in your search:
pugilist AND basketball- Both words must appearjakarta OR surabaya- Either word can appearjakarta NOT politics- Must have jakarta but not politics+jakarta -politics- Must have jakarta, must not have politics"exact phrase"- Search for exact phrasebasket*- Wildcard (matches basketball, basket, etc.)
Thu, 04 Jun 2009
Importers Slam Beef Debacle at Tanjung Priok
An estimated 200 containers of frozen beef imported from Australia and New Zealand have been stuck in Tanjung Priok port for nearly two weeks for reasons that nobody appears able to define, frustrated importers have complained.
Thu, 04 Jun 2009
11 foreign investment projects approved in Batam in April
Batam (ANTARA News) - The Investment Coordinating Board (BKPM) in April approved 11 foreign investment proposals worth US$6.55 million in Batam island, an official said.The agency also approved two expansion projects worth US$4.
Thu, 04 Jun 2009
Competitors behind palm oil slurs: industry boss
JAKARTA (Reuters) - Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western business interests, Indonesia's palm oil industry chief said on Wednesday.
Thu, 04 Jun 2009
Forest carbon market already shows cracks
LONDON/NUSA DUA, Indonesia (Reuters) - It could save the rainforests of Borneo, slow climate change and the international community backs it. But a plan to pay tropical countries not to chop down trees risks being discredited by opportunists even before it starts.
Thu, 04 Jun 2009
Foreign Fund Inflows to Continue: Central Bank
Bank Indonesia is optimistic that foreign capital will continue to flow into the country, as foreign investors put their money into domestic stocks and bonds and help the country’s bourse and currency strengthen further.
Thu, 04 Jun 2009
FIABCI calls for foreign ownership of property
FIABCI, the International Real Estate Federation, has thrown its weight behind persistent calls for the government to allow foreign ownership of property in the country, as Indonesia would be an attractive market.
Wed, 03 Jun 2009
Japan offered to invest in Indonesia`s agro industry
Tokyo (ANTARA News) - Indonesian Ambassador to Japan Jusuf Anwar said Indonesia continued to make efforts to lure Japanese investors, particularly in the agro-industrial sector, in order to balance its investment in the electronic and automotive industries.
Wed, 03 Jun 2009
Customs and excise office grants Rp 74b import duty exemption
The customs and excise office has granted Rp 74.86 billion worth requests of import duty exemption as part of the government's policy to ease burden of businesses amid the global financial turmoil."As of June 1, we have received 26 requests," director of customs facility Kusdirman...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: flingwingA political commercial on Metro TV just a few minutes ago had J. Kalla talking about how foreigners had helped build the airports in JKT and Surabaya. However, he said that in his hometown of Makassar, <cut to photo Makassar airport overlaid with text [kira2] "Orang Asing...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
A political commercial on Metro TV just a few minutes ago had J. Kalla talking about how foreigners had helped build the airports in JKT and Surabaya. However, he said that in his hometown of Makassar, <cut to photo Makassar airport overlaid with text [kira2] "Orang Asing tidak Boleh Ikut...
Tue, 02 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: Derek Gratis...and is thus a sad indictment of our neo colonialist global economy.Uh-uh. It's closer to being a condition statement for the earth. It's a predatory universe we live in. The strong eat the weak.
Tue, 02 Jun 2009
Carrefour Rejected in Purbalingga
TEMPO Interactive, Purbalingga: Purbalingga Regent, Triyono Budi Sasongko, has refused to have the giant retail company Carrefour in Purbalingga.“Carrefour asked for permission to open a branch at a former traditional market site.
Tue, 02 Jun 2009
Businessmen Demand Revision of Free Trade Zone Regulations
TEMPO Interactive, Batam:Bintan’s Indonesian Businessmen Association chairman, Yamin Hidayat, said bureaucracy at the free trade zone/FTZ in Batam, Bintan, and Karimun has hindered economic growth. The regulations, for example, have given additional costs to businessmen due to the slow processing...
Mon, 01 Jun 2009
CPO Producers Say Green Efforts Not Paying Off
It seems that the European preference for green products only goes so far.While many palm oil plantations and farmers are struggling to get certificates proving their palm oil is produced in a sustainable manner, others that have the certificates are complaining that buyers in Europe don’t want...
Mon, 01 Jun 2009
Inconsistent policies keep investors away
The status of Batam, Karimun and Bintan as being among the country’s top investment destinations is under threat as inconsistent regulations are eroding its competitiveness, say businesses.Declining competitiveness has actually been evident for several years and has not been improved by the...
Mon, 01 Jun 2009
Indonesia's LNG industry and upcoming gas projects
JAKARTA, June 1 (Reuters) - Indonesia, the world's third-biggest liquefied natural gas (LNG) exporter, is due to begin delivery from the Tangguh project in Papua in late June, helping offset falling output in other ageing fields.
Mon, 01 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Quoting: chewwyUK"We will renegotiate contracts with foreign corporations operating in the country and in the future corporations should not give no benefit to the people or at least must divide their profit equally," he said.
Mon, 01 Jun 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
"We will renegotiate contracts with foreign corporations operating in the country and in the future corporations should not give no benefit to the people or at least must divide their profit equally," he said.Well thats one way to ensure that no foreign investment is made in Indonesia.
Sun, 31 May 2009
Government to Simplify Liquor Import and Distribution
Fight Predicted Ahead as Government Department Seek to Retain Lucrative Power Base.(5/30/2009) Bisnis Indonesia reports that the Indonesian Department of Trade is in the process of revising regulations pertaining to the import of alcoholic beverages.
Sun, 31 May 2009
Wiranto To Renegotiate Contracts With Foreign Corporations
Bengkulu (ANTARA News) - Vice presidential candidate Wiranto said here on Saturday that Jusuf Kalla and him would renegotiate contracts with foreign corporations if they won the election later on July 8.
Sun, 31 May 2009
Govt urged to review fish export restrictions
Jakarta (ANTARA News) - The Indonesian Fishery Businesses Association (Gappindo) has expressed hope that the government would review its export restriction policy on certain types of fish products.Gappindo general chairman Herwindo said here on Saturday that the large number of species of fish...
Sun, 31 May 2009
Indonesian Garment Exports Down 0.8 Pct
Jakarta (ANTARA News) - Indonesian garment exports have dropped around 0.8 percent due to the impact of the financial crisis in the US, the executive director of Textile Indonesia, Retmo, said here on Saturday.
Sat, 30 May 2009
VW Touran MPV to be assembled in Indoneisa
JAKARTA, May 29, 2009 (AsiaPulse via COMTEX) A multi purpose vehicle (MPV) Volkswagen model will be assembled in Indonesia by a local car maker.PT Garuda Mataram Motor (GMM), a subsidiary of the Indomobil Group will use one fifth of its 5,000 car assembling capacity to produce 1,400 cc VW Touran...
Sat, 30 May 2009
Palm oil could scuttle forest carbon plan: experts
NUSA DUA (Reuters) - Carbon credits derived from a fledgling forest conservation scheme for developing nations will struggle to compete with palm oil as an investment, industry advisers and conservationists said on Friday.A U.N.
Sat, 30 May 2009
Official Says Medium-Term Outlook For Palm Oil ‘Bullish’ on Supply Issues
The outlook for palm oil prices is “bullish,” underpinned by higher demand in India and China, lower inventories and drought in Argentina hurting global vegetable oil supplies, according to an industry executive.
Sat, 30 May 2009
Palm Oil E-Trading Will Begin on June 28
The government will launch electronic trading of crude palm oil on the Jakarta Futures Exchange on June 28, with an aim to become the world’s global reference price for CPO and its derivatives. The new market, envisioned as the first step to include futures trading and other indexes, will use the...
Sat, 30 May 2009
Private Sector Invited to Establish Gas Infrastructure in Cities
TEMPO Interactive, Jakarta:The government has called on private companies to invest in building infrastructure for gas in the cities. The government will initiate with the basic infrastructure.“We hope that private companies will join later,” said Energy and Mineral Resources Minister Purnomo...
Sat, 30 May 2009
Investments and Export-Imports are Biggest Challenges in Economic Growth
TEMPO Interactive, Jakarta:The government has concluded that efforts to prevent investments from plummeting and to put export-imports back to the level they were previously in, are the biggest challenges in maintaining positives trend in economic growth.
Fri, 29 May 2009
New FTZ status makes things more complicated
The adoption of a free trade zone (FTZ) on Batam has not made doing business on the island any easier or simpler, but has instead led to more bureaucracy and some confusion for local businesses.Forwarding service firm PT Esqarada president director Daniel Burhanuddin said Wednesday that the...
Fri, 29 May 2009
Realigning oil cost recovery
The disputes between government and oil contractors over cost recovery could worsen because of a long delay in the issuance of regulations on new accounting guidelines for expenditure under production-sharing contracts, as required by the 2009 State Budget Law.
Fri, 29 May 2009
RI could harvest $15 billion financial incentives annually from REDD: expert
Indonesia could harvest about US$15 billion (Rp 150 trillion) of financial incentives per year from carbon trading through avoiding forest emissions, a climate expert said.Climate researcher from the centre for International Forestry Research (Cifor) Daniel Murdiyarso said that the implementation...
Fri, 29 May 2009
Sri Mulyani: economic recovery still fragile
Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati said here on Thursday the current economic recovery was still in an early stage and fragile."The recovery is still in an early and fragile stage." she said at a meeting with House Commission XI.
Thu, 28 May 2009
Japan remains Indonesia's top export destination
Japan absorbs the largest non-oil and gas exports from Indonesia in the first three months of this year, according to the Indonesian Statistics Bureau.The bureau reported that Indonesia's exports to Japan totaled US$2.4 billion in the period of January through March, or 12.
Thu, 28 May 2009
Govt invites private sector to invest in urban gas projects
The government is inviting the private sector to invest in the development of urban gas infrastructure projects, saying that the government has a limited budget to develop the projects."We are inviting private investors to invest in the projects, because the government budget is from the state...
Thu, 28 May 2009
Indonesia sees crisis as momentum
Aditya Suharmoko, The Jakarta Post, Jakarta Indonesia can use the global economic downturn as momentum to gain world recognition as its economy keeps on expanding while others are tumbling down, the finance ministry says.
Thu, 28 May 2009
Taiwan`s investment in Indonesia reaches US$13 billion
Jakarta (ANTARA News) - Taiwan`s investment in Indonesia until 2008 reached US$13.837 billion and the amount is still to increase in line with the country`s economic development.Director of Economic Division of Taipei Economic and Trade Office (TETO) Bennet Wen-bin Chen said here on Wednesday...
Thu, 28 May 2009
Indonesia container volumes drop, but show signs of recovery
JAKARTA, May 27 (Reuters) - Indonesia's container volumes for exports for January-May fell an estimated 10-12 percent from a year ago, while imports dropped 30 percent, an official said on Wednesday, as the economy shows signs of a turnaround.
Thu, 28 May 2009
Lawmakers urge govt to finish regulation on biofuel subsidies
The government proposes to the House of Representatives to allocate Rp 1.55 trillion (US$150.52 million) for biofuel subsidies in 2010, but lawmakers are concerned the needed regulation is not finished.The director general for oil and gas at the Energy and Mineral Resources Ministry Evita H.
Thu, 28 May 2009
Indonesia to double palm oil production by 2020
JAKARTA (AFP) - Indonesia aims to more than double its crude palm oil output to 40 million tonnes by 2020 through increased yields and more plantations, officials said Wednesday.Average oil palm plantation yields would increase from 3.5 tonnes to 4.
Thu, 28 May 2009
Biofuel Program Stalls on Poor Planning, Low Prices
The government program to blend bioethanol and biodiesel with subsidized fossil fuels has floundered on lack of preparation and falling biofuel prices and won’t meet its target production level before at least 2011, an official said.
Thu, 28 May 2009
Trade Ministry Plan Would Require CPO Producers to Supply Local Market
On the heels of the recent announcement of a controversial tax on palm oil exports from the Trade Ministry comes another plan. This time, Fahmi Idris, head of the Industry Ministry, is proposing that the government implement a domestic market obligation (DMO) on crude palm oil producers to force...
Thu, 28 May 2009
Jakarta Container Terminal Launches New Facility
TEMPO Interactive, Jakarta: Jakarta International Container Terminal launched its new facilities on Wednesday (27/5) worth around US 30 million. The Indonesia's largest container facility in North Jakarta operates new container loading equipments, new control tower and technology, and expanded its...
Wed, 27 May 2009
The effect of the global financial crisis on Indonesia
Once fueled by great stores of natural resources and ensuing investment, Indonesia is once again suffering the effects of a harsh economy.With some 240 million people Indonesia is the fourth most populous country in the world.
Wed, 27 May 2009
Indonesia biofuel sector faces price formula delay
JAKARTA, May 27 (Reuters) - Indonesia is not ready to implement a price formula for biofuel slated for June, an energy ministry official said on Wednesday, which spells a blow for the fledging biodiesel industry in the world's top palm oil producer.
Wed, 27 May 2009
Businesses say mafia rules Batam port
Businesses are complaining about the existence of mafi a controlling the loading and unloading system at Batam seaport, Kepulauan Riau province, consequently infl icting higher costs on businesses.Head of the Indonesian Employers Association's (Apindo) Kepulauan Riau chapter, Abidin, said Tuesday...
Wed, 27 May 2009
SMEs protest foreign-run firm can bid for Wimax
A consortium of local small and medium internet service providers are questioning government bidding rules that allow a foreigncontrolled publicly listed fi rm to bid for Wimax licences, despite the Negative Investment ListThe SMEs, grouped in a consortium participating in the bidding, said the...
Wed, 27 May 2009
Govt needs to allocate $120m to subsidize biofuels
The government needs to allocate Rp 1.25 trillion ($120 million) next year to subsidize bio-fuels to meets its own mandatory targets, the Indonesian Biofuel Producers Association (Aprobi) said Wednesday.
Wed, 27 May 2009
Buyers Testing Property Market as Pent-Up Demand Surfaces: Analysts
Indonesia’s residential property sector looks to have bottomed out, with demand expected to grow as the economy improves in the second half of the year, according to international property consultancy Knight Frank.