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, 14 Feb 2008
Bluescope Steel to lift investment in Indonesia by US$113 mln
Jakarta (ANTARA News/Asia Pulse) - Australian steel maker Bluescope Steel Limited (ASX:BSL) said it will increase investment by US$113 million to increase the capacity of its factory in Cilegon, Banten, Indonesia.
Wed, 13 Feb 2008
'Success hinges on competence, not degree'
Oh this is brilliant .....I don't know why they publish this as it is clear the person speaking has no insight of the local market (Indonesia). I don't think she is even based in Indonesia and if she is then she can expect a visit from the Manpower department looking for some cash as it is against...
Wed, 13 Feb 2008
Govt eyes more investment from Arab world: Kadin
Indonesia, the world's largest Muslim country, expects a downpour of investments from the Middle East following the creation of a massive fund by oil kingpins in the Islamic region, a powerful lobby group says.
Wed, 13 Feb 2008
Govt's new tariffs may benefit Indonesia's cellular industry
Teguh P Hartanto, AnalystLower telecommunication tariffs may ultimately be beneficial for the industry.In response to a recent ruling by the Business Competition Supervisory Commission (KPPU), the government announced a new set of interconnection tariffs, which will take effect on April 1, 2008.
Tue, 12 Feb 2008
World's CPO production projected to reach 41.4m tons in 2008
JAKARTA (Antara): The World's crude palm oil output is forecast to reach 41.40 million tons this year, up 8.5 percent compared to last year's 38.15 million tons, Oil World reported.The report stated that the increase in palm oil production comes as a result of a 6.
Tue, 12 Feb 2008
British company to exploit gold deposits in Jambi
Jambi (ANTARA News) - A British company, Sumatra Coover and Gold Ltd, will cooperate with a local partner, PT Nusa Palapa Minerals, to exploit gold deposits in three districts in Jambi province, a provincial mineral resources official said.
Tue, 12 Feb 2008
Indonesian consumer confidence falls for second month in January
Jakarta (ANTARA News/Thomson Financial) - Indonesian consumer confidence dropped forthe second straight month in January with more consumers downbeat about current economic conditions and few were optimistic about what lies ahead, according to the latest survey by the central bank released Tuesday.
Tue, 12 Feb 2008
Indonesia to reduce import duty on HRC to zero percent
Cilegon, Banten (ANTARA News) - The government will reduce its import duty on hot roll coil (HRC) to zero percent in a bid to encourage the growth of the country`s downstream steel industry, a minister said.
Tue, 12 Feb 2008
Pertamina may develop gigantic reserve: BPPT
JAKARTA (JP): State oil and gas firm Pertamina will follow up on the recent preliminary finding by a state research agency of a large hydrocarbon reserve off the western shore of Nangroe Aceh Darussalam, an official says.
Tue, 12 Feb 2008
Legislator concerned about weakening food resilience
Jakarta (ANTARA News) - A legislator has expressed concern about what he said was the country`s weakening food resilience due to the shrinking area of agricultural land and increasing urbanization in Indonesia.
Tue, 12 Feb 2008
Indonesia studies options to cut consumption of subsidized fuel
Jakarta (ANTARA News) - The government is studying options to cut the consumption of subsidized fuel in order to save some 10 trillion rupiah in government spending for fuel subsidy this year, an official said.
Tue, 12 Feb 2008
Balinese businessmen to attend trade expo in Australia
Denpasar, Bali (ANTARA News) - Some 20 businessmen from Bali will join a group of 100 businessmen from several provinces who are slated to hold a promotion tour and take part in a trade fair in Australia next October.
Tue, 12 Feb 2008
Bakrieland plans water business in W. Java
i'll forward your suggestion to The Man himself.
Tue, 12 Feb 2008
Cost recovery program to be revised
The Ministry of Energy and Mineral Resources is to tighten the cost recovery mechanism under which all operators in the oil and gas sector work after a major increase in claims, The Jakarta Post reported on Saturday (9/2/08).
Tue, 12 Feb 2008
Bentoel acquires cigarette maker Bintang Bola Dunia
Cigarette producers PT Bentoel Prima and PT Lestari Putra Wira Sejati have acquired 99.9% of PT Bintang Bola Dunia, a cigarette maker in Malang, East Java owned by Islamic organization Nahdatul Ulama, Asia Pulse reported Wednesday (6/2/08).
Tue, 12 Feb 2008
State firms to establish biodiesel plant in Medan
State-owned plantation firms have jointly set up a consortium for the construction of a biodiesel plant aimed at supporting the government program to develop alternative energy resources, The Jakarta Post reported Tuesday (5/2/08).
Tue, 12 Feb 2008
Telekom Malaysia raises stake in Excelcomindo
State-controlled Telekom Malaysia has agreed to buy 16.8% of PT Excelcomindo Pratama for 1.43 billion ringgit ($442.7 million), raising its stake in the nation's third-largest mobile phone operator to 83.8%, Telekom said on Wednesday (6/2/08) Reuters reported.
Tue, 12 Feb 2008
Bakrieland plans water business in W. Java
Property developer PT Bakrieland Development plans to enter the clean water business, as part of its efforts to diversify revenue sources to include infrastructure projects, Dow Jones reported Tuesday (5/2/08).
Tue, 12 Feb 2008
Landmarks to buy out Bintan landowner
Malaysian property firm Landmarks Bhd is buying out a firm that owns 338 hectares of land on Bintan island for S$156.9 million ($111 million), Landmarks said on Tuesday (5/2/08), Reuters reported. Last month, Landmarks won Indonesian approval to start an integrated tourism zone in Bintan, which is...
Tue, 12 Feb 2008
Downside risk greater: Finance minister
The Indonesian economy is facing a "bigger, greater" downside risk from rising commodities prices, Finance Minister Sri Mulayni Indrawati told Dow Jones Newswires on Saturday (9/2/08).She said a budget revision to be submitted to the House of Representatives is “to maintain thegrowth...
Tue, 12 Feb 2008
Illegal palm oil plantations to be slashed in Riau
The government will slash some 49,000 hectares of illegal palm oil plantations in protected forest areas in Rokan Hulu regency, Riau, allowing forests to reclaim cleared land, an official said Wednesday (6/2/08), The Jakarta Post reported.
Tue, 12 Feb 2008
Electronics exports projected to reach US$8 billion in 2008
Jakarta (ANTARA News) - Indonesia`s consumer electronics exports are pedicted to reach a total value of US$8 billion this year, a senior industry official said."The world economic slowdown will certainly disturb our electronics exports," director of electronics industry affairs at Industry Ministry...
Tue, 12 Feb 2008
Indonesia to maintain non-oil export growth at 14.5 percent
Jakarta (ANTARA News) - Trade Minister Mari Pangestu said the government still maintained its non-oil export growth target which it had set at 14.5 percent this year, despite it had plans to downsize its economic growth target from 6.8 percent.
Mon, 11 Feb 2008
NTB to host Indonesia-Middle East business forum
Mataram (ANTARA News) - West Nusa Tenggara (NTB) province is to host a two-day business forum between Indonesia and Middle East at Senggigi tourist resort in Lombok island on February 18-19.Provincial administration spokesman Abdul Malik said here on Monday that the RI-Mideast business forum would...
Mon, 11 Feb 2008
Gloomy outlook seen for wood-based industries
The Jakarta Post, JakartaA lack of wood supplies continued to plague the country's wood-based industries last year.According to a government-sanctioned agency tasked with rejuvenating the sector, no improvement is expected in the immediate future for the industry, which produces products such as...
Mon, 11 Feb 2008
OPEC could ditch dollars for euros: chief
London (ANTARA News) - OPEC could switch the pricing of oil from dollars into euros within a decade, secretary general Abdullah al-Badri was quoted by AFP as telling a weekly magazine.The Organization of the Petroleum Exporting Countries could adopt the euro to combat the decline of the dollar,...
Sun, 10 Feb 2008
Furniture businesses seek new markets to avert downturn
JAKARTA (JP): Local furniture firms are seeking new overseas markets to address declining demand in the face of a possible economic meltdown in the United States, the country's largest buyer of wooden furniture.
Sun, 10 Feb 2008
Rising disasters to spur insurance demand
JAKARTA (JP): Indonesia has seen a rise in natural and man-made disasters which means insurance firms are likely to profit from an increase in business this year as more people seek disaster cover.The finance ministry's head of insurance bureau IsaRahmatarwata said the high number of disasters in...
Sun, 10 Feb 2008
Kuta Apartment Complex Raises Local Zoning Issues
Legislator Claims New Apartment Complex Does Not Meet Residential Zoning Rules. Local Official Begs to Differ.(2/9/2008) Bali Post has drawn attention to the construction of a new apartment complex on Jalan Majapahit in Kuta.
Sat, 09 Feb 2008
Bali earns US$72 million from aquatic product exports
Denpasar, Bali (ANTARA News) - Bali earned a total of US$71.8 million from aquatic product exports during 2007, an increase by 37 percent from US$52.4 million in 2006, according to a local official.The increase was thank to good quality of the aquatic products which had satisfied foreign buyers, Ni...
Sat, 09 Feb 2008
Bali visited by BY 154,000 foreign tourists in January
Denpasar (ANTARA News) - Bali Island received 154,000 foreign tourists in January 2008, an increase by 29.88 percent from 107,800 in January 2007."On average, Bali is visited by around 5,135 foreign tourists daily, an improvement compared to the days before the 2002 and 2005 bombings," head of the...
Sat, 09 Feb 2008
Jambi needs investors to develop downstream industries
Jambi (ANTARA News) - Jambi province is in need of domestic and foreign investors to develop its downstream industries which use raw materials from plantation commodities like oil palm and rubber, a local official said.
Sat, 09 Feb 2008
VP inaugurates Rp178 billion projects in Bintan
Bintan, Riau Islands (ANTARA News) - Vice President Jusuf Kalla inaugurated Friday five industrial projects worth Rp178 billion in the Bintan free-trade and free-port zone in Bintan district, Riau Islands.
Sat, 09 Feb 2008
Govt to revise down economic growth
JAKARTA (JP): The government confirmed Friday a plan to revise the economic growth target down from the 6.8 percent stated in the 2008 state budget amid soaring global prices for oil and staple food commodities.
Sat, 09 Feb 2008
Minister: no govt intervention in BPS
Semarang, Central Java (ANTARA News) - Communications and Information Minister Mohammad Nuh said that the government has a high respect of the independence of the Central Bureau of Statistics (BPS)."The government does not wish and will not intervene what the BPS is doing.
Fri, 08 Feb 2008
BI maintains rate amid inflation risks
As a response to the surge in inflation due to increasing food and oil prices, the central bank decided Wednesday to maintain the interest rates at 8 percent.Bank Indonesia governor Burhanuddin Abdullah said the central bank saw the economy facing various risks and challenges particularly in...
Fri, 08 Feb 2008
Govt to pursue privatization despite global economic worries
The Jakarta Post, JakartaThe government plans to privatize 44 state companies this year, including 10 companies initially planned to be privatized last year, says a minister.The 34 new companies include train manufacturer PT INKA through a strategic sale of 49 percent of its shares, steel producer...
Fri, 08 Feb 2008
Government to limit sales of subsidized fuels in May
Ika Krismantari, The Jakarta Post, Pekanbaru, RiauThe government will proceed with its plan to limit the sales of subsidized fuels, with some part of the savings to go to subsidizing food staples, an official said Thursday.
Fri, 08 Feb 2008
Responsible corruptors
Many government critics, non-governmental organizations and the media perhaps do not realize, or pretend not to realize, that President Susilo Bambang Yudhoyono's anti-corruption offensive has sparked fear among many corruptors.
Fri, 08 Feb 2008
Industrial Court ineffective solving business cases, Apindo says
JAKARTA (JP): Indonesian Employers Association (Apindo) said Wednesday the industrial relations court was ineffective in settling business-related disputes because of a lack of technical guidance.Apindo chairman Sofjan Wanandi said the ineffectiveness started when many essential points regulated in...
Thu, 07 Feb 2008
Fuel Oil Use to be Limited Soon
Wednesday, 06 February, 2008 | 16:24 WIBTEMPO Interactive, Jakarta: The government will soon limit the use of kerosene, “Premium” petrol and diesel oil by using control cards.This was the result of a meeting led by Vice President Jusuf Kalla at the vice presidential office, on Tuesday (5/2).
Thu, 07 Feb 2008
CPO Export Levy Increase Not Effective
Wednesday, 06 February, 2008 | 16:25 WIBTEMPO Interactive, Jakarta: The government’s policy to increase crude palm oil (CPO) export levy up to 25 percent - if international prices go beyond US$1,300 per ton - will not be effective to lower cooking oil price in the domestic market.
Wed, 06 Feb 2008
Investor Briefing on Southeast Asia's New Expanded Special Economic Zone (off Coast of Singapore) to be Held in NYC
(off Coast of Singapore) to be Held in NYC - Feb. 27, 2008 New York, New York - February 1, 2008 - The American Indonesian Chamber of Commerce (AICC) in cooperation with the Province of Riau Islands and the Consulate General of Indonesia in New York invite internationally-focused investors,...
Wed, 06 Feb 2008
Investor Briefing on Southeast Asia's New Expanded Special Economic Zone
(off Coast of Singapore) to be Held in NYC - Feb. 27, 2008 New York, New York - February 1, 2008 - The American Indonesian Chamber of Commerce (AICC) in cooperation with the Province of Riau Islands and the Consulate General of Indonesia in New York invite internationally-focused investors,...
Wed, 06 Feb 2008
Indonesian producers worried CPO tax hike may boomerang on economy
Jakarta (ANTARA News) - Indonesia's latest move to hike the crude palm oil (CPO) export tax rate to a maximum of 25 percent from 10 percent previously could boomerang on the economy and even hurt local CPO producers, industry officials said Tuesday.
Wed, 06 Feb 2008
Another price to pay for the surge commodity prices
Achmad Syafriel, Research AnalystWithout self-sufficiency in food supply, Indonesia may continue to lose out in the midst of a global surge in commodity prices.Over the past two years, prices of soft commodities such as palm oil, soybean, corn and wheat have sky-rocketed and reached historical...
Wed, 06 Feb 2008
Chamber of commerce closes economic advisory committee
The powerful lobbying group the Indonesian Chamber of Commerce and Industry (Kadin) on Tuesday dissolved the high-profile Committee for National Economic Recovery (KPEN).To take over KPEN's duties and a number of other important areas of the economy, Kadin will set up the Committee for the National...
Wed, 06 Feb 2008
Government sets new benchmark price for geothermal power
The government has set the benchmark selling price for geothermal power generated by independent power producers at between 5.9 U.S. cents to 10 cents per kilowatt hour (kwh).Director General of Electricity and Energy Utilization Purwono told The Jakarta Post on Tuesday the calculation of the...
Wed, 06 Feb 2008
Shopping mall leasing price to dip by 30%
Agustina Wayansari, The Jakarta Post, JakartaWith an oversupply of spaces in Greater Jakarta's shopping malls, developers are likely to cut leasing prices by 30 percent over the next two years in order to survive stiff competition in the sector, a property consultant says.