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Tue, 14 Mar 2006
Indonesia's infrastructure drive hits potholes
Dear sir,How dare you imply that Indonesian infrastructure is anything less than world class? Potholes? Our “random traffic calmers” successfully keep speeding motorists from driving at high speed on our roads, and presenting a danger to pedestrians out enjoying the breathtaking views of our...
Mon, 13 Mar 2006
No more nude surfing in Bali
Ahh...surfing nude...such an enjoyable past time.Well, 'past' will be the prerogative word when the bill is eventually passed.
Mon, 13 Mar 2006
Indonesia's infrastructure drive hits potholes
Sunday March 12, 11:46 AM Indonesia's infrastructure drive hits potholesThe hazards of driving fast on Indonesian roads are escalating: if you don't hit one of the countless potholes, you may find your expressway sinking.
Mon, 13 Mar 2006
No more nude surfing in Bali
No more nude surfing in BaliBy AMY CHAVEZEven surfing cows in Bali might have to cover their udders if Indonesia passes the antipornography Bill. A few weeks ago, while surfing on the Bukit, Bali's southernmost peninsula, where the population is small and the waves big, I paddled my board out among...
Sun, 12 Mar 2006
Taiwanese bizmen complain about security assurance in RI
huuhh..my lovely countery Apparently the security in Indonesia indeed always was doubted, didn't protect the foreign investor, protected the citizen personally apparently has been overwhelmed...actualy, if Indonesia wanted to learn from the available experience and to want to learn from the other...
Sun, 12 Mar 2006
Taiwanese bizmen complain about security assurance in RI
Mar 11 00:58Taiwanese bizmen complain about security assurance in RI Jakarta (ANTARA News) - Taiwanese businessmen have complained about lack of security assurance for investment in Indonesia in addition to other problems hampering their actvities in the country, an Indonesian economic official...
Sun, 12 Mar 2006
Rules to be relaxed on RI citizenship
Rules to be relaxed on RI citizenship Muninggar Sri Saraswati, The Jakarta Post, JakartaThe House of Representatives and the government have agreed to ease procedures for people from other countries in acquiring Indonesian citizenship or permanent resident status.
Wed, 08 Mar 2006
Indonesia needs investment to head off stagflation
Commentary: Indonesia needs investment to head off stagflation By Andy Mukherjee Bloomberg NewsTUESDAY, MARCH 7, 2006 The Indonesian authorities are faced with the unenviable task of fighting inflation in a slowing economy.
Wed, 08 Mar 2006
Applying tax regulations to foundations
Applying tax regulations to foundations Pahala Nainggolan, JakartaFoundations (yayasan) are treated as taxable entities by the inclusion of foundations in the 1994 Income Tax Law. This means all tax obligations apply to foundations such as book keeping to show income and expenses, the payment of...
Wed, 08 Mar 2006
Kadin skeptical about new investment policy
Kadin skeptical about new investment policy The Jakarta Post, JakartaThe business community, tired of the government failing to deliver on promises, is demanding it come through this time by implementing its latest economic policy package to increase investment and infrastructure development in the...
Wed, 08 Mar 2006
Regaining the respect of the investment community
Regaining the respect of the investment community John A. Prasetio, JakartaDespite some cynicism, the overall reaction to the Feb. 27 policy package to improve the investment climate has been quite positive.
Tue, 07 Mar 2006
Australian investors show confidence in RI economy
Australian investors show confidence in RI economy The Jakarta Post, JakartaVisiting Australian fund managers expressed confidence in the Indonesian economy Monday, describing the government's recent investment package as strong enough to create a better investment climate.
Mon, 06 Mar 2006
New economic reform package
Editorial, The Jakarta PostNew reform package The new economic reform package, introduced Thursday after a two-month delay, is better designed than the previous package unveiled last October, together with the increase in domestic fuel prices.
Mon, 06 Mar 2006
3G spectrum auction: Will consumers win?
3G spectrum auction: Will consumers win? David O'Brien, JakartaThe telecommunications field continues to dominate the headlines. Whilst other sectors seem to battle inertia in implementing reforms, deregulation and attracting investment, telecommunications seems to be setting the benchmark.
Mon, 06 Mar 2006
TNI steps up monitoring of islands managed by foreigners
Mar 05 22:33 TNI steps up monitoring of islands managed by foreigners Kupang (ANTARA News) - The military (TNI) command in the Indonesian eastern province of Nusa Tenggara Timur has stepped up its monitoring on islets currently being managed by foreigners to anticipate threats against the country`s...
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
Gentlemen, (And I use the term politely), you have both hit the nail on the head. The issue (although not only Balinese in origin) is - do the Jakartan based Government have the balls to stand up to the rising tide of fundamentalist doctrine which will possibly destroy your entire nation!This is a...
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
hate even mentioning it, because every Indonesian has the right to be pissed off about it. From memory you need permission to reside or travel in a different Residency anyway, so maybe it would work.But the REAL answer is to cool down the entire situation.
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
Quote:Originally posted by Polar Bear: One suggestion to help Bali.give it semi autonomy, and prevent non Balinese Indonesians from visiting the island. that's probably the only practical way of dealing with the problem.
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
One suggestion to help Bali.give it semi autonomy, and prevent non Balinese Indonesians from visiting the island. Its a horrible thing to even consider, it is VERY unfair, and if I were Indonesian I would be REALLY angry at the idea.
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
I am so sorry about this, but this is the real truth:Prior to 911 the average Australian tourist was happy to go to Bali for a couple of weeks a year. My next door neighbours went 3 times a year. I remember once asking them if they liked Indonesia and they said "oh no, we go to Bali, not Indonesia".
Sun, 05 Mar 2006
Tourism in Bali still stagnant five months after blasts
Tourism in Bali still stagnant five months after blasts Luh Putu Trisna Wahyuni, The Jakarta Post, DenpasarBalinese involved in the tourist industry are increasingly worried about the imminent threat of massive layoffs due to the drastic drop in tourist arrivals on the island.
Sun, 05 Mar 2006
Batam's long wait for investors
Batam's long wait for investors Fadli, The Jakarta Post, BatamMany industrial areas in Batam, Riau Islands province have been forced to discontinue promoting their sites due to a lack of interest from investors.
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.