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.)
Mon, 08 Mar 2010
An expanded argument for FDI
It’s a well known fact by now that, in order to achieve the growth it seeks, the current administration has set a target of Rp. 2,000 trillion per year in investment. Around 55 percent of this sum is expected to come from private capital, while the balance is expected to come from household...
Sun, 07 Mar 2010
Singapore investors eying 10 RI business sectors : chamber
Jakarta (ANTARA News) - Twenty-two Singaporean investors have expressed readiness to invest up to Rp1 trillion in Indonesia this year, the Indonesian Chamber of Commerce and Industry (Kadin) said."The Singaporean investors mostly want to invest in the small- and medium-scale manufacturing...
Sun, 07 Mar 2010
BKPM streamlining negative investment list
Jakarta (ANTARA News) - The Investment Coordinating Board (BKPM) is streamlining the country`s negative investment list (DNI) to avoid different interpretations among investors, its chairman Gita Wirjawan said.
Sun, 07 Mar 2010
Palm oil tested on sustainability
NUSA DUA, Bali - Palm oil plantations play a major role in the growing problems of deforestation and greenhouse gas emissions in Indonesia and tropical woodlands around the world. Last week's gathering of the International Conference on Oil Palm and Environment (ICOPE) is one move toward making the...
Sun, 07 Mar 2010
IPA to hold exhibition to boost investment
JAKARTA: The Indonesian Petroleum Association (IPA) will hold its 34th Convention and Exhibition themed "Investing Together for Future Growth".Indonesia's premier event for the oil and gas industry aims to help boost and attract investment.
Sat, 06 Mar 2010
Indonesia says Unilever move on palm oil "unfair"
JAKARTA (Reuters) - A move by Unilever to stop buying palm oil from Indonesia's top supplier Sinar Mas and to blacklist another supplier PT Duta Palma was "unfair," Indonesian Agriculture Minister Suswono said on Friday.
Sat, 06 Mar 2010
Netherlands to help promote Indonesia’s CPO exports
The Netherlands has agreed to provide Indonesia with capacity building programs to help deal with a new European Union directive on imports of crude palm oil (CPO).“There’s an EU directive. The Netherlands has promised to help us, firstly, to understand the EU directive and help us meet the...
Fri, 05 Mar 2010
Indonesia, Netherlands agree to Boost trade, investment relations
Jakarta (ANTARA News) - Indonesia and the Netherlands at a meeting here Thursday agreed to step up their bilateral relations in the trade and investment fields.The mutual commitment was formalized in the agreed minutes of the 20th meeting of the two countries` Joint Commission on Bilateral Economic...
Fri, 05 Mar 2010
Indonesian Environmental Forum: Food Estate a Dangerous Project
TEMPO Interactive, Jakarta:There is a protest against the food estate project once again.This time it is the Indonesian Environment Forum (WALHI) that has spoken up."If this project continues, then Indonesia would enter a period of validated land seizures," said M.
Fri, 05 Mar 2010
‘Good Economics’ to Trump ‘Bad Politics’ in Indonesia Over the Longer Term, Analysts Predict
Bitter divisions in the government’s ruling coalition will stifle policy making and slow reform, but the country’s strong fundamentals, founded on robust domestic demand, should prevent asset prices from suffering much for the moment.
Fri, 05 Mar 2010
Indonesian Property Sector Backs New Rules for Foreigners
The property sector applauded the government’s announcement on Wednesday that it intended to allow foreign nationals to take out property leases of up to 95 years, instead of the current 25-year maximum, but noted that key details of the plan had yet to be released.
Thu, 04 Mar 2010
Indonesia's Energy Firms Eager To Access Forest Land
Quoting: VulgarianOh how thinly veiled is this? From the slant, you'd think that they're trying to set up nothing but geothermal energy plants. You almost miss the intro: Quote:A new presidential decree allowing mining, power plant, transport and renewable energy projects in protected forests was...
Thu, 04 Mar 2010
Indonesia's Energy Firms Eager To Access Forest Land
Oh how thinly veiled is this? From the slant, you'd think that they're trying to set up nothing but geothermal energy plants. You almost miss the intro: Quote:A new presidential decree allowing mining, power plant, transport and renewable energy projects in protected forests was welcomed by...
Thu, 04 Mar 2010
Indonesian Lenders Planning to Create Credit Bureau to Expand Market Reach
Domestic lenders are planning to establish an independent credit bureau to help target retail customers and small companies, a senior PT Bank Danamon executive said on Wednesday.To speed up the loan-application process, the credit bureau would be designed to offer lenders more up-to-date and...
Thu, 04 Mar 2010
Indonesia's Energy Firms Eager To Access Forest Land
A new presidential decree allowing mining, power plant, transport and renewable energy projects in protected forests was welcomed by companies in those sectors on Wednesday.PT Pertamina Geothermal Energy said it could now proceed with the construction of geothermal projects that could produce as...
Thu, 04 Mar 2010
Agricultural Exports Face Cargo Problems
TEMPO Interactive, Semarang:The Central Java Agriculture Office’s Food, Plants and Horticulture chief Aris Budiono said the exports of horticultural products face delivery problems because no airlines have offered direct cargo delivery overseas.
Wed, 03 Mar 2010
Rio Tinto Wins Indonesia Permit
JAKARTA - The Indonesian unit of Rio Tinto PLC has been granted a mining permit for its planned $2 billion nickel project on Sulawesi island, the company said Tuesday, making it the first mining company to gain investment approval under Indonesia's new mining law.
Wed, 03 Mar 2010
$600m Lombok Mega-Resort Tender Results Slated for May
The nation’s Investment Coordinating Board confirmed to journalists on Tuesday that tender results for the long-delayed $600 million resort project in Lombok would be released in May.“We now have a total candidate of five candidates, and Emaar [Properties] is still one of them,” Gita...
Wed, 03 Mar 2010
$1b Qatari Investment Fund Nears Realization
$1b Qatari Investment Fund Nears Realizationby Janeman LatulAfter months of uncertainty, Qatar Holding, the investment arm of the sovereign fund Qatar Investment Authority, is on the brink of establishing a wholly owned investment vehicle in Indonesia with start-up capital of $1 billion, a senior...
Wed, 03 Mar 2010
Foreign Investment 'Vital to GDP Growth'
The government’s top investment official on Tuesday appealed to the Indonesian people not to fall under the spell of a counter-productive economic nationalism, saying foreign investment was needed to develop the economy.
Wed, 03 Mar 2010
Indonesia sees investment spin-off from Obama visit
US President Barack Obama's trip to Indonesia should boost investment in Southeast Asia's biggest economy and curb negative perceptions on doing business in the nation, Indonesia's investment agency said today.
Wed, 03 Mar 2010
RI builds warning system for food safety
The government is currently building an early warning system on food safety to ensure that all food products entering the country meet both national and international standards. Chairwoman of the food and drug monitoring agency (BPOM) Kustantinah said in Jakarta on Tuesday that the system would be...
Wed, 03 Mar 2010
BKPM chief believes Century chaos not to affect investment
Jakarta (ANTARA News) - Head of the Capital Investment Coordinating Board (BKPM), Gita Wirjawan, said he did not believe the chaos over the Bank Century case at the House plenary session on Tuesday would affect investment."It will not affect investment in general.
Wed, 03 Mar 2010
BKPM promoting "Remarkable Indonesia"
Jakarta (ANTARA News) - Head of Investment Coordinating Board (BKPM) Gita Wirjawan said he will start promoting investment with the slogan of the Indonesian Chamber of Commerce and Industry (Kadin) "Remarkable Indonesia".
Tue, 02 Mar 2010
Indonesia, Vietnam agree to strengthen business ties
Indonesian and Vietnamese businessmen have pledged to help each other in promoting trade and investment opportunities in the two countries, both members of the Association of Southeast Asian Nations (ASEAN).
Tue, 02 Mar 2010
FACTBOX-Key political risks to watch in Indonesia
CurrenciesJAKARTA, March 2 (Reuters) - Strong growth and political stability made Indonesia Southeast Asia's most attractive investment destination last year, but the outlook is threatened by a struggle between reformers and powerful vested interests.
Tue, 02 Mar 2010
Indonesia’s Potential Geothermal Energy Equivalent to 19 Billion Barrels of Oil
TEMPO Interactive, Bengkulu:The potential of Indonesia’s geothermal energy is 27,710 megawatts (MW) or equivalent to 19 billion barrels of oil.The capacity presently installed is only 4.3 percent or 1,189 MW out of the 2025 geothermal energy development target which was set at 9,500 MW.
Tue, 02 Mar 2010
Enough is Enough in Karangasem
Bali Lawmaker in Karangasem Claims Hotel and Restaurant Sector is Overbuilt.(3/1/2010) A member of the local House of Representatives in Karangasem (DPRD-Karangasem), Nyoman Sadra, told the Bali Post that the hotel and restaurant sector in Karangasem is over-saturated and new developments should...
Mon, 01 Mar 2010
‘Good Reason for Optimism’ Ahead of Obama’s Indonesia Visit
The chairman of the Investment Coordinating Board has said closer ties with the United States and President Barack Obama’s forthcoming visit should help push Indonesia closer to being a trillion-dollar economy within five years, despite that meaning a growth rate of up to 15 percent a year.
Mon, 01 Mar 2010
Negative List Changes Won’t Hit Existing Foreign Investors
The planned revisions to the negative investment list will not be enforced retroactively, according to Finance Minister Sri Mulyani Indrawati.The government is finalizing a revision of the 2007 presidential decree that bans or limits foreign investment in certain sectors.
Mon, 01 Mar 2010
Asean Works to Boost Trade, ‘Project Voice’ on World Stage
The 10-member Association of Southeast Asian Nations will accelerate efforts to increase investment and to boost trade in services as it seeks a greater role in driving the global economy.Asean trade ministers set deadlines for completing agreements covering investments and trade in goods and...
Mon, 01 Mar 2010
House Urges KPPU to Protect Indonesian Companies Under ACFTA
The House of Representatives’ Commission VI, which oversees trade and industry, has asked the Business Competition Supervisory Commission to step up efforts to protect domestic businesses from unfair business practices under the Asean-China Free Trade Agreement.
Sun, 28 Feb 2010
The Threat to Indonesian Energy Development
Evita Legowo, the director general of oil and gas in the Ministry of Mines and Energy said recently that the implementation of a new Environmental Law could reduce oil and gas production by up to 50 percent because of the requirement to reduce the temperature of waste water from their oil and gas...
Sun, 28 Feb 2010
C Kalimantan`s CPO production expected to reach 2.5 million tons
Palangkaraya (ANTARA News) - Central Kalimantan expects its crude palm oil production this year to reach 2.5 million tons with big private plantations having increased their cultivated areas."Several plantations are starting to harvest this year to increase annual production by around 400,000...
Fri, 26 Feb 2010
Indonesia's new law a blow to oil and gas
JAKARTA, Feb. 25 (UPI) -- Indonesia's new environmental law could result in a 40 percent drop in the country's oil and gas production.The law, passed last year, requires businesses to secure environmental permits before launching their operations.
Fri, 26 Feb 2010
Govt to reopen telecommunications towers to foreign investment
Investment Coordinating Board chairman Gita Wirjawan revealed here on Thursday that the government would push ahead with its plan to open the telecommunications towers to foreign investment to help the telecommunications industry grow faster to keep up with soaring demand.
Fri, 26 Feb 2010
Healthcare, education to be open for more foreign investment
Indonesia is inviting more foreign investment into the healthcare and education sectors in a bid to improve services as well as the quality of Indonesian human resources, according to Investment Coordinating Board chairman Gita Wirjawan.Speaking before U.S. businesspeople in Washington D.C.
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
“One time, I was asked to wait by one of the ministers, and I waited for one and a half hours. And I dared to wait."My hero! :swoon:
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
Mr. Gita "Propellor Head" Wirjawan goes to Washington.one-stop-shop? yeah, right. i have literally heard this same story nearly every single year since 1998.
Thu, 25 Feb 2010
BKPM regains past status as a ‘one stop shop’
Money talks: Indonesian Investment Coordinating Board chairman Gita Wirjawan (second right) addresses a seminar at the World Bank headquarters in Washington, DC on Tuesday. Gita updated a World Bank panel of experts on the latest situation on Indonesia’s economic reforms, including in the areas...
Thu, 25 Feb 2010
Europe Questions Indonesian Standards on Tires
TEMPO Interactive, Jakarta:European countries are still questioning the Indonesian National Standard (SNI) for tires which has impeded European tires from entering Indonesia.The National Standardization Agency chief, Bambang Setiadi explained that the road condition and the climate in Indonesia was...
Thu, 25 Feb 2010
Singapore`s Wilmar plans US$400 mln CPO complex in E. Java
Jakarta (ANTARA News/Asia Pulse) - Singapore-based Wilmar International Ltd (SGX:KD3), one of the world's largest producers of crude palm oil (CPO) hopes to start the operation of a US$400 million project in Gresik, East Java in the middle of this year.
Thu, 25 Feb 2010
Environment law may cause 50-pct drop in oil, gas production
Jakarta (ANTARA News) - Energy and Mineral Resources Ministry officials said Indonesia`s oil and gas production could drop by up to 50 percent if the industry had to comply with standard environmental quality requirements stipulated in a new environment protection law.
Thu, 25 Feb 2010
ACFTA could prompt acceleration of bureaucratic reform: observer
Jakarta (ANTARA News) - Indonesia`s competitiveness problem in facing the ASEAN-China Free Trade Area could be a "shock therapy" that would prompt the acceleration of bureaucratic reform, an academic observer said.
Thu, 25 Feb 2010
Unilever stops buying palm oil from Indonesian planter
KUALA LUMPUR (Reuters) - Consumer goods giant Unilever has told dealers not to source palm oil from Indonesian planter Duta Palma on concerns over rainforest destruction, an Indonesian industry official said on Wednesday.
Wed, 24 Feb 2010
Take No Pride in Palm Oil Output, Green Group Says
A leading non-governmental organization has urged Indonesia not to take pride in being the world’s biggest producer of crude palm oil because the production process has yet to meet standards for environmental sustainability.
Wed, 24 Feb 2010
Dispute With Astro Must Be Settled in Indonesia: First Media
Multimedia company PT First Media said on Tuesday that its legal dispute with media giant Astro Malaysia over a failed pay-television joint venture must be settled under Indonesian jurisdiction.“The Indonesian courts are the only courts that have jurisdiction to settle the matter, not Singapore.
Wed, 24 Feb 2010
Indonesia Says Obama Visit Will Spur Trade
The government plans to capitalize on US President Barack Obama’s visit to Indonesia in March by signing a number of bilateral agreements, Coordinating Minister for the Economy Hatta Rajasa said on Tuesday.
Wed, 24 Feb 2010
Bali still the Main Tourism Destination
TEMPO Interactive, Jakarta:Vincent Jemadu, the Culture and Tourism Ministry Development Director, has said that Bali is still the main tourism destination in every international market.“Almost every market in the world always put Bali as the tourist destination in Indonesia,” said Vincent at...
Tue, 23 Feb 2010
Minister: US to Sign Investment Deals During Obama Indonesia Visit
TEMPO Interactive, Jakarta: Indonesian and US government will sign about six economic cooperation agreements during the visit of President Barack Obama late nexth month, official said on Tuesday (23/2).