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Wed, 05 Dec 2007
Close Up on Building Rules in Bali
The Bali Land Grab: A Practical Guide to "Set Back" Rules for Building Along Beach or River Fronts.(12/1/2007) As an assistance to property buyers in Bali, here's a few highlight from Bali's Zoning Regulations of 2005 (Peraturan Daerah Provinsi Bali Nomor 3 Tahun 2005);Set Back Rules from Ocean...
Tue, 04 Dec 2007
Kalla criticized for law comments
Originally Posted By: KuKuKaChuVice President Jusuf Kalla said during a seminar Monday the law was simply a tool to reach the nation's objectives, a view rejected by legal experts. I think we all know who the tool is in this scenario
Tue, 04 Dec 2007
Indonesian Label Credit Cards Suggested
I would get one if it was a dual currency EURO/IDR. I know AMEX has a dual currency Credit card USD/IDR. ANybody know of anyone issuing a EURO/IDR version?
Tue, 04 Dec 2007
Exports Once Again Set a New Record
TEMPO Interactive, Jakarta: Indonesia’s revenue from exports has once again set a new record.The Central Bureau of Statistics (BPS) announced that the total revenue for October was US$10.25 billion.This means there was a 7.68 percent increase compared to last month’s US$9.
Tue, 04 Dec 2007
Kalla criticized for law comments
Vice President Jusuf Kalla said during a seminar Monday the law was simply a tool to reach the nation's objectives, a view rejected by legal experts."If we want to look to the future, we can't just stick to dogma.
Sun, 02 Dec 2007
Gubernatorial forum agrees to construct Sunda Strait Bridge
Batam (ANTARA News) - The Sumatra gubernatorial forum at a meeting here agreed to materialize the infrasturcture building among others the Sunda Strait bridge construction, which will connect Java and Sumatra islands.
Thu, 29 Nov 2007
Concerns over domination in Indonesia's cellular Industry
"which is a violation of the country's anti-monopoly laws." ... If indonesia has Anti-monopoly laws why is it i can only go to one company for a land line?
Thu, 29 Nov 2007
More bad rap on Asian biofuels
BANGKOK - European Union (EU) demand for Asian-produced biofuels, particularly palm oil, is coming at a high social and environmental cost, a report released on Tuesday by the United Nations Development Program (UNDP) warns.
Thu, 29 Nov 2007
Concerns over domination in Indonesia's cellular Industry
The dominant position of Indonesia's two telecom giants in the market can be clearly defined. However, with companies free to engage in promotional campaigns, detecting price fixing is less straightforward.
Thu, 29 Nov 2007
Renewable energy a new hope for RI
The Engineering Center of the University of Indonesia and Greenpeace have developed a blueprint to secure Indonesia's energy supply for the next generation.The Energy (R)evolution Scenario demonstrates that renewable energy is not a dream for the future -- it is real, mature and can be deployed on...
Thu, 29 Nov 2007
Indonesian Label Credit Cards Suggested
just what indonesia needs: more credit cards.
Thu, 29 Nov 2007
Indonesian Label Credit Cards Suggested
TEMPO Interactive, Jakarta: Cahyana Ahmadjayadi, Director General of Telematics Application at the Information and Communication Department, has suggested the use of local label credit cards for reducing the high label fees.
Wed, 28 Nov 2007
C Sulawesi`s CPO exports recorded at US$14.4 million
Palu, C Sulawesi (ANTARA News) - The Indonesian province of Central Sulawesi exported 25,550 tons of crude palm oil worth US$14.463 million to a number of countries in the January-November 2007 period, a regional trade official said here on Wednesday.
Wed, 28 Nov 2007
Bali`s handicraft exports up 8 pct
Denpasar, Bali (ANTARA News) - Bali`s export of various handicraft goods in the first ten months of 2007 rose 8.6 percent to US$202.8 million from US186.7 million in the same period last year.Wooden handicraft goods and furniture still dominated the export with a value of US$113.
Tue, 27 Nov 2007
Danone to Start Yoghurt Production
and, btw, it's none too soon them setting up in indonesia! the imported yogurt here is way too expensive!but i wonder where they are getting the "fresh milk" from?
Tue, 27 Nov 2007
Danone to Start Yoghurt Production
may i just say that this is a great company who have showed belief in Indonesia. They will have great success here as they have recruited a very strong team.
Tue, 27 Nov 2007
Danone to Start Yoghurt Production
French food and beverage producer PT Danone Indonesia will put a new yoghurt plant in Cikarang into operation in the first quarter of next year, Asia Pulse reported.The yoghurt factory built at a cost of Rp123 billion ($13.
Tue, 27 Nov 2007
Indian Firm to Spend $38M on Plantations
Leading Indian edible oil refiner Jhunjhunwala Vanaspati Ltd said on Wednesday (21/11/07) it will spend up to $38 million to buy 20,000 hectares of oil palm plantations in Indonesia, Reuters reported."We are looking at either virgin or developed plantations in Indonesia.
Tue, 27 Nov 2007
Businesses seek role in environmental policy-making
As the government prepares to unveil its National Action Plan (RAN), a road map to guide the effort against global warming, the Indonesian Chamber of Commerce and Industry (Kadin) has called for a say.Chairman Mohammad Hidayat said Monday that Kadin had appointed a team of 15 industrial leaders to...
Tue, 27 Nov 2007
Banks on Alert for NPLs
TEMPO Interactive, Jakarta: Banking circle are on the alert for an increase in non-performing loans (NPLs) from debtors whose use of fuel oil use in the production process is high.This is because the NPL risk from such debtors has the potential to increase in line with the rise in world oil prices...
Mon, 26 Nov 2007
Government to build 207-MW steamed-power plants in NTB
Mataram, West Nusa Tenggara (ANTARA News) - Three steam-powered electricity plants (PLTU) with a combined capacity of 107 megawatts will be built in West Nusa Tenggara (NTB) in an effort to anticipate power shortages and attract foreign investment in the province, a local government said.
Mon, 26 Nov 2007
China Shenhua plans US$4 bln bid for Indonesian coal producer
Hong Kong (ANTARA News) - China's biggest coal producer, China Shenhua Energy, is planning a 4 billion US dollar bid for a controlling stake in an Indonesian coal producer, the South China Morning Post said Monday.
Mon, 26 Nov 2007
Toyota upbeat about Indonesia automotive market share
Toyota Motor Corporation (TMC) -- one of the world's largest automakers -- remains upbeat about its position in the Indonesian automotive industry, the firm's president, Katsuaki Watanabe, says."Indonesia constitutes not only an important market for us but also a major production base," Watanabe...
Mon, 26 Nov 2007
CP Prima inks deal with local shrimp farmers
PT Central Proteinaprima (CP Prima), a member of Neptune consortium that manages Asia's top aquaculture company -- PT Dipasena Citra Darmaja, has signed a key agreement with local shrimp farmers.CP Prima, the world's top integrated shrimp producer and Indonesia's market leader in shrimp fry, shrimp...
Mon, 26 Nov 2007
Pertamina, Wahana to build $20m refinery in East Java
State oil and gas firm PT Pertamina will team up with a local company, Wahana Universal, to build an oil refinery in East Java at a cost of US$20 million.Pertamina exploration and production director Hestu Bagyo said that the two companies had signed an agreement to build the refinery, which will...
Mon, 26 Nov 2007
MasterCard targets Asia's growing band of 'super rich'
Global payments company MasterCard Worldwide recently introduced its "World MasterCard" product in the region, which provides premium tailored payment services for its most affluent customers.In Indonesia, the premium payment card will be issued in cooperation with ANZ Panin, Bank Danamon and HSBC,...
Mon, 26 Nov 2007
Study sees modest gains for Indonesia after trade deal
Indonesia, Southeast Asia's largest economy, can expect relatively modest gains from a free trade agreement (FTA) between the European Union and the Association of Southeast Asian Nations, an independent study shows.
Mon, 26 Nov 2007
Deceitful smiles
For centuries, art lovers and academics have debated over the smile on the face of the Mona Lisa, one of Leonardo da Vinci's masterpieces, which is now housed in the Louvre in Paris.Nowadays, at any rate, the smiles of Indonesian people leave foreigners, be they first-time tourists or expatriates,...
Mon, 26 Nov 2007
Bali exports goods worth US$1.5 mln to Russia
Denpasar (ANTARA News) - Bali exported goods worth US$1.5 million to Russia during the first nine months of 2007, according to information from the local trade and industry official.The value of the Balinese exports to Russia this year increased from US$1.
Mon, 26 Nov 2007
Oil subsidy to soar to Rp87 T : minister
Jakarta (ANTARA News) - Energy and Mineral Resources Minister Purnomo Yusgiantoro said oil subsidy in the 2007 state budget is likely to soar to Rp87 trillion from Rp55 trillion previously because of the global oil price spiral.
Sun, 25 Nov 2007
Bali Minimum Wage Raised US$73.66 to US$86.56
Originally Posted By: KuKuKaChuThe highest rate applies for workers employed in the most populous Bandung regency of Bali. bandung regency?! i think they mean, badung!
Sun, 25 Nov 2007
Bali Minimum Wage Raised US$73.66 to US$86.56
Bali Employers Required to Pay New Minimum Rates Starting from January 2, 2008.Bali News: Monthly Minimum Wage Raised to between US$73.66 to US$86.56(11/24/2007) The Bali Post reports that the Governor of Bali has set a new minimum wage level of between Rp.685,000 (US$73.66) to Rp. 805,000 (US$86.
Sun, 25 Nov 2007
70 Bali Travel Agencies to Be Axed?
Bali ASITA Chairman Seeks to Slim the Ranks of Bali Travel Agents By Ousting Dormant Operators.(11/24/2007) BisnisBali reports that 70 Bali travel agents may soon be expelled from the Association of Indonesian Travel Agents (ASITA) as a precursor to the companies' eventual closure by the Indonesian...
Sat, 24 Nov 2007
RI coffee exports to Italy declining: minister
Jakarta (ANTARA News) - Indonesia`s coffee exports to Italy dropped continuously over the past few years due to declining production and the commodity`s low quality although the market of the commodity remained open, Agriculture Minister Anton Apriyantono said.
Sat, 24 Nov 2007
Temasek call confusing, says IBC
The decision by the country's anti-monopoly watchdog in the high-profile Temasek Holdings case is at the very least confusing, and sends "unfortunate impressions" and "negative messages" to members of the business community, says the International Business Chamber.
Sat, 24 Nov 2007
Europeans told to invest more on back of strong euro
Vice President Jusuf Kalla called on European businesses Thursday to take advantage of the surging euro to buy more Indonesian products and boost their investments here."There's never been a better time than now to strengthen our economic relationship by taking advantage of the current situation,"...
Sat, 24 Nov 2007
Mobile-8 expands to four more provinces
PT Mobile-8 Telecom Tbk (Mobile-8), the publicly listed operator of CDMA-based mobile phone service Fren, is expanding its network to four new provinces to meet its target of increasing its subscriber base to four million customers this year.
Fri, 23 Nov 2007
Is the palm oil industry misleading the public?
Members of the Indonesian Palm Oil Commission are distributing materials that misrepresent the carbon balance of oil-palm plantations, according to accounts from people who have seen presentations by commission members.
Fri, 23 Nov 2007
Existing oil and gas law not conducive for investment
Jakarta (ANTARA News) - A noted oil industry observer has criticized Indonesia`s oil and gas law as causing the country to become a permanent net oil importer as it was not conducive for investment in and discovery of new oil reserves.
Fri, 23 Nov 2007
Renault eyes Indonesia for SE Asia car plant - gov official
Singapore/Jakarta (ANTARA News) - French car maker Renault SA is looking at starting production in Indonesia, while other car manufacturers plan to step up their existing operations, a government official told Reuters.
Thu, 22 Nov 2007
Petrobas joint venture studying bioethanol output in SE Asia
Tokyo (ANTARA News/Asia Pulse) - Brazil-Japan Ethanol Co. has begun exploring the business prospects of manufacturing bioethanol in Indonesia and Cambodia.The firm is studying the geography and climate in the two countries with the idea of making bioethanol from sugar cane for supply not only to...
Thu, 22 Nov 2007
Commonwealth eyes 40 percent increase in revenues next year
PT Commonwealth Life hopes to achieve 40 percent growth in sales next year after the introduction Wednesday of three new technology initiatives to improve business efficiency and customer satisfaction, executives say.
Thu, 22 Nov 2007
Review urged of policies on retail fuel market
Downstream oil and gas regulator BPH Migas needs to review the tender mechanism for the distribution of subsidized fuels as the existing setup is unworkable, analysts say.Indonesia Petroleum Association downstream committee member Debut Kamajaya said Wednesday that the regulator's policy of only...
Thu, 22 Nov 2007
Indonesian workers are better than Japanese, in some ways, says survey
Indonesian employees have a high understanding of what they need to do in order to make their companies successful in achieving targets, but they have a low commitment to helping them succeed, according to a survey.
Thu, 22 Nov 2007
India firm eyes oil palm plantations in Indonesia
New Delhi (ANTARA News) - A leading Indian edible oil refiner, Jhunjhunwala Vanaspati Ltd, said on Wednesday that it will spend up to 1.5 billion rupees ($38 million) to buy 20,000 hectares of oil palm plantations in Indonesia."We are looking at either virgin or developed plantations in Indonesia.
Wed, 21 Nov 2007
Telecom tangle for Singapore's Temasek
JAKARTA - The recent decision of Indonesia's anti-monopoly watchdog to sanction and fine Singapore state-owned investment vehicle Temasek Holdings for breaking local competition laws has sparked new foreign investor concerns and marks another setback for the Singaporean government’s regional...
Wed, 21 Nov 2007
Plywood producers in danger: Industry body
With illegal logging of ever-increasing concern, the country's plywood industry has suffered an acute shortage of raw materials, threatening to close almost half of the companies involved in the business.
Tue, 20 Nov 2007
BI warns of higher consumer loan risk
The central bank has warned of a rising risk from consumer loans amid the recent rise in total bank lending, which has already exceeded its 22 percent growth target for this year and is expected to add another 25 percent next year.
Tue, 20 Nov 2007
Doing business in a world divided. Where to from here?
Last week, a group of political consultants from all over the world gathered in Bali to discuss, promote and celebrate democracy. The 3-day annual conference was opened by the President, with substantive speeches reaffirming Indonesia's commitment to the democratic way of life.
Tue, 20 Nov 2007
Indo Mines to invest $600 million in Yogyakarta for pig iron plant
Australia-based Indo Mines Limited will go ahead with plans to build a US$600 million pig iron plant in Kulon Progo, Yogyakarta, having secured the government's approval for a 30-year contract of work for the operation, an official says.