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Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Originally Posted By: ANTARA NewsThe government`s commitment to developing the ex-location of the Lombok Tourism Development Corporation (LTCD) in the southern area of Central Lombok district is praiseable.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Great maybe they can build their own version of the VICE president's Puncak dream there, Arabs only need apply for admittance. They will have a short statue (but real to life height) of the man himself where a little speaker plays a version where he expounds and expands on the "I had a Puncak...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Plenty of government officials in support of the project:Middle East Investor to resume Lombok Tourism Resort DevelopmentSource: Tuti Sunario for Indonesia Digest - undatedThe Lombok Tourism Development Center (LTDC) has attracted investors from the Middle East to develop the area into an...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Originally Posted By: viperaberushitamWhat tells me that Emaar Proprties backs out and some ass, I mean associate, will come in and offer 10 cents on the Dollar to buy it all and start a Palm Oil plantation or some other crap...........
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
As I have stated earlier, anything with Mohammed Alabbar at the helm is dodgy to say the least.When Emaar was originally floated they were grossly oversuscribed and the potential investors who were not succesful had to wait a long long time to get their money back.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
And the Arabs signed the takeover deal in Kalla's office:Lombok Post, May 01 2007The Dubai investor is really serious in developing the LTDC former land in Central Lombok. This is proved by the assignment of MoU with PT.EMAAR Properties LLC (Dubai, UEA) last Monday.
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
LTDC has been unpopular for a while. Beaches and broken bonesInside Indonesia July 1996An exploding tourist industry on Lombok's beaches breaks the lives of villagers. IRIP NEWS SERVICE reports. In the pre-dawn of March 5th 1996 some 24 truckloads of police and troops descended on the small farming...
Sun, 20 Apr 2008
Vice president calls for immediate land clearance in Lombok
Mataram (ANTARA News) - Vice President Jusuf Kalla called on West Nusatenggara (NTB) government to immediately settle land clearence in the ex-location of LTDC in Central Lombok District."By doing so, it is expected that Emaar Properties, an investor from Dubai, Arab Emirate Union, will immediately...
Sat, 19 Apr 2008
Government Preparing Sugar Factory Incentives
Not that the govt. would ever think about it but theoretically it may be a good way to siphon off funds from this revitilization program to put forth in the communities across Indonesia ahead of the election in 09. Not that they would do that but.............
Sat, 19 Apr 2008
Government Preparing Sugar Factory Incentives
Friday, 18 April, 2008 | 18:53 WIBTEMPO Interactive, Jakarta: The government is currently preparing incentives to revitalize sugar factories in order to be self-sufficient.“The government has promised to build transportation infrastructure to and from sugar factories,” said Naswir Kawi, an...
Sat, 19 Apr 2008
Dairy Australia committed to Indonesian market
Jakarta (ANTARA News) - Leading Australian dairy producers met with Indonesian food producers and dairy users in a seminar here early this week to discuss the challenges in the world dairy market and the importance of retaining high quality dairy ingredients for food production.
Sat, 19 Apr 2008
US$100 Million Spiritual Resort for West Bali
18 Hectare Complex to Open in 2010 near Tabanan.Bali News: US$100 Million Spiritual Resort for West Bali(4/19/2008) Republik Online reports that PT Bali Permata Indah will build a Vita Life Spiritual Healing World Centre near Tabanan, 50 kilometers northwest of Bali's capital city of Denpasar.
Fri, 18 Apr 2008
Bribes, poor roads hamper supply-chain management
Commercial deliveries are unpredictable because of conflicting local regulations, illegal payments and crumbling road infrastructure, according to a recent survey of domestic trucking costs by the Asia Foundation and the University of Indonesia's Institute for Economic and Social Research...
Fri, 18 Apr 2008
Indonesia Tourism and Travel Fair hopes for $10m in deals
A group of tourism and travel industry associations will team up to hold what will be the country's largest tourism and travel exhibition.The exhibition, called the Indonesia Tourism and Travel Fair 2008, is expected to attract 10,000 local visitors and 150 foreign buyers.
Fri, 18 Apr 2008
Govt wants good quality despite lower mobile phone tariffs
To help retain the service quality of cellular providers, the government will issue guidelines to address problems arising from the recent cut in interconnection tariffs, an official says.Director general for post and telecommunications at the ministry of communications and information Basuki Yusuf...
Fri, 18 Apr 2008
RI among the most optimistic markets in Asia: Survey
Indonesia is the third most optimistic market in Asia after India and China, according to a quarterly investor survey by Dutch financial institution giant ING.Despite global market uncertainty and the impact of U.S.
Fri, 18 Apr 2008
RI imports over 90 pct of its pharmaceutical raw material needs
Jakarta (ANTARA News) - Indonesia still imports over 90 percent of the pharmaceutical raw materials it needs, showing that its dependence on overseas industries is very high, a pharmaceutical traders spokesman said.
Thu, 17 Apr 2008
TNT Indonesia hoping for 50% increase in cargo
Dutch-based freight forwarder TNT has recently begun using the Boeing 747-400 ER Freighter, with a payload capacity of 110 tons, to serve its Southeast Asian, Chinese and European markets.With four new Boeing 747-400 ER Freighters being put into operation last week, TNT now has a fleet of 51...
Thu, 17 Apr 2008
Oxiana to spend $310m on project
Ika Krismantari, The Jakarta Post, JakartaAustralia-based Oxiana Ltd. plans to spend US$310 million this year to construct a gold and silver plant in North Sumatra.According to Oxiana general manager for external relations Bruce Loveday on Tuesday, the company has secured a contract of work (CoW)...
Wed, 16 Apr 2008
Big gold discovery claimed in Lombok
Drilling at the Montong Botek high grade gold and copper porphyry target in Lombok has returned the longest mineralized intercept to date, which includes 0.25 g/t gold over 576.95 meters, New York's International Business Times reported Tuesday (8/4/08).
Wed, 16 Apr 2008
Pancakarya to build Tangerang City
PT Pancakarya Griyatama will build an integrated property project called Tangerang City with an investment of around Rp1 trillion ($111 million) in Tangerang, Banten, Antara reported Tuesday (8/4/08).The project to be built over a 10-hectare plot of land in the center of Tangerang city is to be...
Wed, 16 Apr 2008
Regent hotel chain returns
The Regent hotel chain is set to return to Indonesia to manage and market a new luxury property to be built by Grand Pacific Properties Ltd. (GPP) on a four-hectare estate on Sanur beach, Bali, The Jakarta Post reported Tuesday (8/4/08). The investment is between $75 million and $100 million.
Wed, 16 Apr 2008
Q1 car, cement sales strongly up
First quarter sales of cars, heavy equipment and cement moved up strongly, indicating that the effects of a global economic downturn had yet to dent the domestic economy.Car sales in the first quarter rose 61% to 135,607 vehicles, data compiled by the country's biggest car dealer, PT Toyota Astra...
Tue, 15 Apr 2008
Mining amendment may attract investment
A new arrangement in the mining bill which limits land for mining use may not spook potential mining investors, as long as the government provides legal certainty for the future of operations, an association says.
Tue, 15 Apr 2008
Bolstering shipping industry
The new law on maritime transportation services will make the shipping industry more attractive to investors and creditors by greatly increasing the cargo volume for national freighters and providing a stronger basis for shipping companies to use their ships as collaterals for bank loans.
Tue, 15 Apr 2008
Indonesia overtakes Malaysia as top palm oil producer: minister
Kota Kinibalu, Malaysia (ANTARA News) - Indonesia likely overtook Malaysia as the world's top palm oil producer in 2007, due to dramatically increased planting there, Malaysia said Monday."From preliminary figures in 2007 it looks like Indonesia has already overtaken us in terms of production,"...
Sun, 13 Apr 2008
Government Threatens to Close Illegal Bali Villas
August 29, 2008 Deadline Looms as Badung Regency Authorities Insist They Will Close Unlicensed Illegal Villas.(4/11/2008) Nusa Bali reports that the "clean up" of hundreds of unlicensed villas operating as commercial ventures continues apace, with some 6 villas receiving visits my a...
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
They do not call him the Vice president for nothing, too bad Kalla is not a website.........
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
You call it as the Vice President sees it.
Sat, 12 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
Aahhh....An Arab alternative to Puncak, presumably with short term brides available as well!
Fri, 11 Apr 2008
Dubai`s Emaar intensifies tourist zone invesment in Indonesia
Mataram (ANTARA News/Asia Pulse) - The biggest state-owned company in Dubai, Emaar Properties LLC Dubai, has been speeding up the realization of its investment in a US$600-700 million integrated tourist zone in the Indonesian province of Central Lombok, West Nusa Tenggara.
Fri, 11 Apr 2008
VP assures S Korean bizmen Indonesia seriously fighting corruption
Jakarta (ANTARA News) - Vice President Jusuf Kalla here Friday assured South Korean and Indonesian businessmen that the government was seriously fighting corruption in the country."As we all know, two days ago, the Corruption Eradication Commission (KPK) arrested a legislator at this hotel for...
Fri, 11 Apr 2008
RI Consulate in Sydney, Garuda to organize `Discover Indonesia`
Brisbane (ANTARA News) - The Indonesian consulate general in Sydney and national flag carrier Garuda Indonesia will jointly organize a tourism promotion event called "Discover Indonesia" for Australian tourism operators and mass media.
Fri, 11 Apr 2008
IDB Chief meets Indonesian president`s special envoy
Jeddah (ANTARA News) - Dr. Ahmed Mohammed Ali, President of the Islamic Development Bank (IDB) received here last Wednesday Indonesian President`s Special Envoy for the Middle East Alwi Shihab.The IDB President was briefed on the results of the conference on "Investment opportunities in Indonesia,"...
Fri, 11 Apr 2008
Regional forum seeks to attract investors for RI development
President Susilo Bambang Yudhoyono is set to open a regional investment forum in late May, designed to attract foreign and local investors in development projects across the country.The Indonesian Regional Investment Forum, which will take place at the Ritz-Carlton in the Sudirman Central Business...
Fri, 11 Apr 2008
Arcelor Mittal plans $3b investment
The world’s largest steelmaker Arcelor Mittal plans to team up with state-owned PT Aneka Tambang (Antam) and PT Krakatau Steel to develop mines and a steel plant at a total investment of at least US$3 billion.
Fri, 11 Apr 2008
RI seen as risky investment for miners
A panel of speakers at the fourth Asian Mining Congress in Singapore said Indonesia was still perceived as high-risk to current and potential industry investors.There were three main points of concern raised during the discussion.
Fri, 11 Apr 2008
Private sectors hail endorsed shipping bill
The business community on Wednesday praised the newly endorsed shipping bill, saying it would improve export and import activities and give private sector players more opportunities to engage in port and shipping businesses.
Thu, 10 Apr 2008
Govt urged to review 20% rise in export tax on palm oil
Jakarta (ANTARA News) - The Indonesian Plantation Companies Association (GPPI) has appealed to the government to review its decision to raise progressive tax on palm oil exports to 20 percent.The increase in progressive tax could reduce oil palm plantation companies` and growers` income, GPPI...
Thu, 10 Apr 2008
Shipping bill ends port monopoly
After three years of deliberation, lawmakers endorsed Tuesday a revised shipping bill that will end decades of state monopoly on port ownership.The bill, however, has led thousands of state port workers to threaten strikes in the coming days.
Wed, 09 Apr 2008
Hong Kong companies considering relocation to Indonesia
Jakarta (ANTARA News) - A number of Hong Kong companies are looking into the possibility of relocating their plants to Indonesia, an executive said."Today we are going to visit Surabaya to look at possible locations for the plants," chairman of the Indonesia-China Business Council Alim Markus said...
Tue, 08 Apr 2008
South Korea makes high technology investment in Indonesia
Jakarta (ANTARA News) - South Korean Ambassador to Indonesia Lee Sun-Jin said his country has expanded its investment in Indonesia to high technology industries from labour intensive investment."In the recent years our country's investment in Indonesia was no longer dominated by labour intensive...
Tue, 08 Apr 2008
Government to end port operator`s monopoly despite protest
Jakarta (ANTARA News/Asia Pulse) - The government and the House of Representatives are set to pass a new maritime bill into law calling for an end to the monopoly of state port operators, despite strong opposition from longshoremen.
Tue, 08 Apr 2008
Foreign investors to have access to state exports financing
While deliberations over a bill on state-owned Indonesian Exports Financing Agency (LPEI) are still at an early stage, the government and the House of Representatives have agreed such services will be opened to foreign investors.
Tue, 08 Apr 2008
Palm oil industry continues to destroy Indonesia's peatland forests
Jakarta - The destruction of Indonesia's peatland forests is continuing unstopped despite the government's pledge to halt it, according to a report by environmental group Greenpeace's issued Monday. Greenpeace claims an unregulated industry and "toothless government rules" are to blame.
Tue, 08 Apr 2008
Suramadu bridge expected to be completed next year
Indra Harsaputra and Wahyoe BoediwardhanaVice President Jusuf Kalla has called for the Suramadu bridge linking Surabaya and Madura island in East Java to be completed before the start of general elections in April 2009.
Mon, 07 Apr 2008
Saipem spends Rp 2.5t for largest fabrication yard in Karimun, Riau
Italian-based turnkey oil and gas contractor Saipem International has begun construction of a massive fabrication yard in Karimun, Riau Islands, with a total project investment of Rp 2.5 trillion (US$271 million).
Mon, 07 Apr 2008
Indonesian, Norwegian employers to train local entrepreneurs
Two leading employers associations in Indonesia and Norway will conduct brand leadership training for small and medium scale entrepreneurs and facilitate exports of their products to Scandinavian countries.
Mon, 07 Apr 2008
Another miner going nowhere in Indonesia
LONDON - According to the local tourist literature, the clear blue waters off the soft and sandy beaches of the Lembeh Strait in the Molucca Sea have some of the best muck diving (exploration of low-visibility waters) on the planet as home to the colorful Ambon Scorpionfish, the Orangutan Crab and...