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, 10 Jun 2010
Indonesia Opens Wider to Foreign Investment
JAKARTA - Indonesia has raised the foreign ownership limit on certain sectors, such as agriculture and health care, in a bid to lure investments, according to a presidential decree.The decree said the government will allow foreigners to hold up to a 49% stake in individual companies in the staple...
Thu, 10 Jun 2010
Top Investors to Relocate Factories to RI
Indonesia may become the major production base of athlete's shoes worldwide.VIVAnews - Chief of the Capital Investment Coordinating Agency (BKPM) Gita Wirjawan said a number of foreign companies will move their production base to Indonesia.
Thu, 10 Jun 2010
RI, Mozambique to step up trade, investment cooperation
Jakarta (ANTARA News) - Indonesia and Mozambique plan to increase cooperation in trade and investment, and in the process help each other expand economic ties in the regions they each belong to."We wish to make Mozambique an access gate to tap the trade and investment potentials of South...
Thu, 10 Jun 2010
Malaysian company to produce seaweed in Banyuwangi
Banyuwangi, East Java (ANTARA News) - Malaysian food producing company PT Adabi became interested in producing seaweed being cultivated by fishermen in Wongsorejo aubdistrict, Banyuwangi regency, E Java.
Thu, 10 Jun 2010
Lines of business closed to investment
Jakarta (ANTARA News) - The government has declared certain lines of business closed to investment under Presidential Ruling No 36 of 2010 as of May 25, 2010, Chief Economic Minister Hatta Rajasa said here on Wednesday.
Thu, 10 Jun 2010
Indonesia`s worker competitiveness ranks 35th in world
Surabaya, West Java (ANTARA News) - The competitiveness of Indonesian workers ranked the 35th among 58 countries surveyed by International Management Development (IMD) in 2010."Indonesia`s ranking was still below Singapore, Malaysia, and Thailand," Manpower and Transmigration Minister...
Thu, 10 Jun 2010
A Warmer Welcome To Foreign Investors
In a bid to attract more foreign investment, the government announced on Wednesday that it has opened the door to a range of sectors a little bit wider.Coordinating Minister for the Economy Hatta Rajasa said the president had signed a decree revising the negative investment list (DNI), easing...
Wed, 09 Jun 2010
Forty investors to develop sugarcane plantations
Jakarta (ANTARA News) - Forty investors have expressed keen interest in developing sugarcane plantations to help the country achieve self sufficiency in sugar by 2014, a spokesman said.The investors had secured permits to plant sugar cane on 12 thousand to 40 thousand hectares of land in Java,...
Wed, 09 Jun 2010
Tax: Indonesia ranked as implementing international information standards
Jakarta (ANTARA News) - Indonesia is now ranked in the category of jurisdictions that have substantially implemented internationally agreed tax standards, according to the Organization of Economic Cooperation and Development (OECD)`s report received by ANTARA here Wednesday.
Wed, 09 Jun 2010
Indonesia imports surge signals industrial sector is in recovery
JAKARTA -- Indonesia's trade figures for the first four months of this year show manufacturing companies were absorbing more imported raw materials and capital goods to support their growing production volume.Imports of raw materials in the January-April period reached US$30.17 billion, up by 64.
Wed, 09 Jun 2010
No bling in Bali: Bvlgari keeps it subtle
Rather than obviously branding the rooms, Bvlgari has simply made sure that everything spells out the brand's core values of beauty and luxury in its Bali hotelThe people carrier bounced me along the muddy Balinese road, passing a small black sign, so low on the ground that it might easily go...
Wed, 09 Jun 2010
RI provinces woo China's big investors
Three Indonesian provincial administrations met with China's construction and electrical firms in Shanghai on Tuesday, showcasing billions of dollars worth of projects aimed to solve the bottlenecking of economic growth in the Southeast Asian country.
Wed, 09 Jun 2010
Indonesia allows foreign investment in agriculture
JAKARTA June 7 (Reuters) - Indonesian will open up the agricultural sector to foreign investment and raise the level of foreign investment allowed in sectors including healthcare and transport, according to a presidential decree seen by Reuters on Monday.
Wed, 09 Jun 2010
Ornamental Fish to Become Banyuwangi’s Premium Export Commodity
TEMPO Interactive, Banyuwangi:Banyuwangi’s export commodities still rely on fish and sea products.The biggest export commodity is ornamental fish, prawn and conserved fish, sardines.Last year, ornamental fish exports were ranked in first place with a value of Rp2.8 billion.
Wed, 09 Jun 2010
Indonesia hopes for increasing Singaporean investment
Indonesia hopes that Singaporean investment could increase about 10 percent in the future following better knowledge of practice and procedure about arbitration in the country, an official told Xinhua in a recent interview.
Tue, 08 Jun 2010
SBY Decree to Relax Investment Limits
President Susilo Bambang Yudhoyono will sign a decree this week easing restrictions on foreign investment in 40 sectors of the domestic economy, Investment Coordinating Board Chairman Gita Wirjawan announced on Monday.
Mon, 07 Jun 2010
Kadin eyeing US$5 billion in Singaporean investment
Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (KADIN) intends to attract five billion US dollar in investment from Singapore this year."We have targeted the Singaporean investments will grow 10-15 percent from 4.340,96 billion last year," Iwan D.
Mon, 07 Jun 2010
West Java Traditional Vendors Complain over Expanding Chain
TEMPO Interactive, Jakarta: Small and traditional vendors in West Java have challenged huge chain retailers in Bandung by pressing the regional government to regulate the operation of modern retailers to protect small businesses.
Mon, 07 Jun 2010
Property in Bali: It's Déjà Vu All Over Again
Property Developers Suffer a Setback in Efforts to Allow Foreigners to Own Land in Bali and the Rest of Indonesia.Both the New York Times and Jakarta Globe have stories announcing that the hopes of real estate developers for a significant liberalization of rules for foreign property ownership in...
Mon, 07 Jun 2010
Indonesia to Ease Investment Limits This Week, Wirjawan Says
June 7 (Bloomberg) -- Indonesia President Susilo Bambang Yudhoyono will this week sign a decree easing restrictions on foreign investment, said Gita Wirjawan, chairman of the country’s investment coordinating board.
Mon, 07 Jun 2010
Indonesia Export Growth May Beat Goal, Pangestu Says
June 7 (Bloomberg) -- Indonesia is “optimistic” the country can achieve or exceed export growth of 7 percent to 8.5 percent this year, even as Europe’s debt crisis threatens demand for the region’s goods, Trade Minister Mari Pangestu said today.
Mon, 07 Jun 2010
Lawmakers Support Revision for Inco South Sulawesi Mining Contract
TEMPO Interactive, Jakarta: Regional representatives (senate) supported the regional administration of South Sulawesi to evaluate mining contract of Brazilian Vale-Inco unit in the province in a meeting between the representatives and regional administration in the provincial seat of Makassar...
Mon, 07 Jun 2010
Indonesia overtakes RP in seaweed farming
Indonesia has overtaken the Philippines in seaweed production."We are not just threatened by Indonesia they have already overtaken us," according to Dr. Danilo B. Largo, director, Office of Research of University of San Carlos in Cebu City .
Mon, 07 Jun 2010
Is “Remarkable Indonesia” the New “Incredible India” for Investors?
I’ve written several posts about the innovation, entrepreneurship and promising Web audience I’ve found over several weeks of reporting in Indonesia. As such, friends in the venture capital business are peppering my inbox asking round-about-questions that all go back to the same central query:...
Sun, 06 Jun 2010
RI drops 6 spots in WEF's 2010 Enabling Trade Index
Indonesia's rank in the latest Enabling Trade Index (ETI) published by the World Economic Forum dropped six notches to 68th place from last year due to security issues and inability to improve supporting infrastructure.
Sat, 05 Jun 2010
Wealth of resources, young population make Indonesia a strong bet
Europe's debt woes have had a limited impact on the domestic economy, the central bank said, as it kept benchmark interest rates unchanged at 6.5% for a tenth monthJakarta: Indonesia has a "good" outlook due to its resources and large population, putting the nation in a favourable...
Sat, 05 Jun 2010
Minister asks Australia to tighten cow export supervision
Jakarta (ANTARA News) - Agriculture Minister Suswono said he had asked the Australian government to tighten its supervision over cow exports to Indonesia to avoid transactions in violation of Indonesian import regulations.
Sat, 05 Jun 2010
Indonesia property market: Opportunity in global crisis?
Since the beginning of the year, interest from foreign investors to Indonesia has been seen strengthening. Rising optimism and growing investor confidence helped support the tremendous growth in the domestic stock market over the past several months, leading the Indonesian Stock Exchange (ISX) to...
Fri, 04 Jun 2010
To Agents' Disappointment, Indonesia Keeps Ban on Foreigners Buying Property
Quoting: biznews “It’s also not clear what happens if the foreign owner dies - inheritance is not clear in these circumstances.”I'm sure its pretty clear in reality. "Clear out your filthy bule rubbish and sling yer hook.
Fri, 04 Jun 2010
To Agents' Disappointment, Indonesia Keeps Ban on Foreigners Buying Property
Didn't even see it coming....
Fri, 04 Jun 2010
To Agents' Disappointment, Indonesia Keeps Ban on Foreigners Buying Property
yep, right outta left field, that was.
Fri, 04 Jun 2010
To Agents' Disappointment, Indonesia Keeps Ban on Foreigners Buying Property
My goodness, wot a shokka...
Fri, 04 Jun 2010
Singapore's East Ventures Acquires Urbanesia
VIVAnews - Singapore-based East Ventures acquired some shares of Urbanesia.com, a lifestyle city directory based in web 2.0.Despite the acquisition, two founders of Urbanesia.com, Selina Limman and Natali Ardianto, will still play a role in the company's operations.
Fri, 04 Jun 2010
Tax Office to Monitor Some Industrial Sectors
VIVAnews - The Directorate General of Taxes will be seriously paying attention to oil palm companies, gold, sand and lead mining firms.The company's reports in the sector will be audited by the Directorate General of Taxes due to negative tax collection from the sectors.
Fri, 04 Jun 2010
HSBC Targets Small Corporations With New Service
TEMPO Interactive, Jakarta: HSBC operation in Indonesia cooperating with US payment technology firm Visa launched a new product on Thursday (3/6) targeting corporate customers especially small and medium scale businesses, claimed to be the first kind of service in Indonesia.
Fri, 04 Jun 2010
To Agents' Disappointment, Indonesia Keeps Ban on Foreigners Buying Property
JAKARTA - Hopes for a change in Indonesia’s restrictive rules on foreign ownership of property were dashed when a major conference of real estate agents on Bali ended last week without an expected government announcement.
Fri, 04 Jun 2010
Global Giants Stand On Sidelines Amid Boom in Indonesian Coal Production
Indonesia is the world’s largest exporter of power-station coal during a global energy and commodities boom, but none of the world’s major global mining companies operate in the country, largely as a legacy of nationalistic resources policies. Will this change? Maybe, maybe not.
Thu, 03 Jun 2010
Bali is Bursting at the Seams
Quoting: biznewsKirmanto also promised that the Serangan bridge project and Simpang Siur overpass would be seriously examined by his office. ♬ We're in the money ♫
Thu, 03 Jun 2010
Bali is Bursting at the Seams
Bali's Governor: Island's Infrastructure Under Intense Strain.Bali is drowning in its own popularity. Traffic jams, virtually unheard of 10 years ago, are an increasingly common facet of daily life on the island.
Thu, 03 Jun 2010
Cruise Ship Abandons East Bali Anchorages
Authorities Failure to Address Complaint of Insufficient Draft for Ships' Tender Operations in Karangasem Cause Cruise Ship to Shift Bali Operations to Benoa Harbor Anchorage.Karangasem regency is expected to suffer a loss of Rp.
Thu, 03 Jun 2010
Bali New Zoning Laws in a Sate of Confusion
Bali's Regencies Resist Governor's Efforts to Bring Order and Regulation to the Island's Zoning Practice.Although Bali has approved a new and comprehensive Provincial Zoning Plan (RTRWP), violations of the new rules are rife due to resistance by island officials to relinquish their personal power...
Thu, 03 Jun 2010
Two Foreign Nationals Facing Prison for Involvement in Bali Property Fraud
(6/1/2010) Christopher James Forbes and Angus Knowles Jackson, accused on involvement in a US$195,000 fraudulent property deal are facing the possibility of 2.5 years in prison if prosecutors sentencing demands are met by the Denpasar Court.
Thu, 03 Jun 2010
Microsoft: Indonesia Is Better Than China
Chinese intellectual piracy is driving out foreign business.Last week Steve Ballmer said his company saw less potential in China than either in Indonesia or India. Why? The piracy of software. "There are two things that make a country interesting," said the Microsoft chief executive.
Thu, 03 Jun 2010
VP launches "oil palm for people"
Yogyakarta (ANTARA News) - Vice President Boediono here on Wednesday launched an Oil Palm for the People Program designed to improve the oil palm industry`s structure from upstream to downstream.The vice president made the declaration by granting palm oil prime seedlings to representatives of...
Thu, 03 Jun 2010
Indonesia in Top 3 of Asia’s Most Inefficient Bureaucracies
Singapore. Indonesia, India and the Philippines have Asia’s most inefficient bureaucracies, with red tape a blight to citizens and a deterrent to foreign investment, a new survey has said.Regional financial centers Singapore and Hong Kong had the most efficient bureaucracies, according to a...
Wed, 02 Jun 2010
Concerns as Trade Deficit With China Surges in April
Indonesia’s non-oil and gas trade deficit with China grew by fivefold in April, while the country’s overall trade surplus fell sharply, prompting more concerns from local business groups that the country was being flooded with cheap Chinese imports following the implementation of the...
Wed, 02 Jun 2010
Indonesia coal sector frets over new law, climate
NUSA DUA, Indonesia, June 1 (Reuters) - Indonesia's new forestry law, a changing climate and rising mining costs are the challenges coal producers face in their efforts to boost production, a conference heard on Tuesday.
Wed, 02 Jun 2010
Sweden to open trade office in Jakarta
Jakarta (ANTARA News) - The Swedish government has decided to open a trade representative office in Jakarta to expand cooperation between the two countries."Swedish Trade Office will be opened on August 1, as an indication of Swedish increasing interest in Indonesia," Swedish ambassador...
Wed, 02 Jun 2010
Indonesia`s industrial product exports up 36 pct
Jakarta (ANTARA News) - Indonesia`s industrial product exports in the first four months of 2010 jumped 36.66 percent to US$28.68 billion from the same period last year, the Central Bureau of Statistics (BPS) said.The figure accounted for 60.
Mon, 31 May 2010
Indonesia: Confident economy
While many European countries are struggling to avoid slipping back into recession, being dragged down by the deepening debt crisis engulfing the eurozone, one of the main problems facing the Indonesian economy appears to be how to avoid growing too far, too fast.