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Sun, 19 Oct 2008
Batam firms threat to shut operations
The Jakarta Post | Sat, 10/18/2008 4:00 PM | BusinessBusiness owners in Batam free trade zone have threatened to put their operations on halt if the local state power firm insisted on imposing an increase of 14.8 percent in electricity tariffs.
Sun, 19 Oct 2008
Tourism Industry: Ignorance is Bliss
Editorial: Tourism Minister's Wacik's Pollyannaish Reaction to the Current Economic Crisis is Ripe with Danger for Indonesia's Tourism Industry.(10/18/2008) Stock markets around the globe have lost trillions in value.
Sun, 19 Oct 2008
Shortage of Experts due to Limited Education Facilities
Friday, 17 October, 2008 | 23:51 WIBTEMPO Interactive, Bandung:Limited educational facilities is the main impediment to producing more oil experts in Indonesia. "ITB can only take in few students due to lack of facilities," said Bandung Institute of Technology (ITB) rector Djoko Santoso,...
Sun, 19 Oct 2008
Government Asked to Develop Maluku's Infrastructure
Friday, 17 October, 2008 | 23:57 WIBTEMPO Interactive, Jakarta:Maluku government hopes the central government will support post-conflict rehabilitation and reconciliation by developing the infrastructure and energy in the region to attract investors in the tourism and fishery sectors.
Sat, 18 Oct 2008
Great wall planned to protect domestic industry from imports
Originally Posted By: biznews...the government would heighten its supervision of the implementation of the Indonesian National Standard (SNI) as one of the protective measures."We need to protect our domestic market by, among others, enforcing the implementation of the SNI to impede...
Fri, 17 Oct 2008
Great wall planned to protect domestic industry from imports
Originally Posted By: viperaberushitamWill be interesting to see what materials this so called Great Wall is made of.......... imported, no doubt.
Thu, 16 Oct 2008
Great wall planned to protect domestic industry from imports
Will be interesting to see what materials this so called Great Wall is made of..........Paper Mache or something a little stronger........
Thu, 16 Oct 2008
Great wall planned to protect domestic industry from imports
Mustaqim Adamrah and Desy Nurhayati, The Jakarta Post, JakartaThe government has unveiled plans for aggressive nontariff barriers aimed at protecting the domestic industry from an influx of overseas goods in light of slumping exports that will force local companies to rely on domestic demand.
Thu, 16 Oct 2008
RI, Malaysia sign investment and trade agreement
Kuala Lumpur (ANTARA News) - Indonesia and Malaysia had signed here on Wednesday the first Joint Investment and Trade Committee (JICT) agreement to improve trade and investment between the two countries.The Trade Ministers of the two countries signed the agreement on behalf of their countries.
Thu, 16 Oct 2008
Govt limits import of raw materials for producing consumer goods
Jakarta (ANTARA News) - The Indonesian government decided to limit the import of raw materials for producing consumer goods, particularly those already locally produced.Edy Putra Irawady, deputy for trade and industry of the office of the coordinating minister for the economy, said here on...
Wed, 15 Oct 2008
The China factor in Indonesian commodities exports
Following the collapse of the financial sectors in the U.S. and Europe, fear of a global economic slowdown has begun to spread. In spite of measures taken by the U.S. and European governments to help their financial sectors, the threat of a global recession remains prominent.
Wed, 15 Oct 2008
Govt optimistic tourist arrival target of 6-7 million to be achieved
Makassar (ANTARA News) - The government is optimistic that its foreign tourist arrival target of six million - seven million this year will be achieved, a senior tourism ministry official said."We are optimistic the target will be reached considering the enthusiasm of foreign tourists to spend...
Wed, 15 Oct 2008
Indonesian trade promotion in Marseille successful
Jakarta (ANTARA News) - Indonesia`s trade promotion at the 84th Marseille International Trade Show was successful in introducing Indonesian various commodities, tourism resorts, culture and food.During the trade fair, Indonesia`s stand coordinated by the Indonesian Consulate General in Marseille...
Wed, 15 Oct 2008
Minister: global crisis does not affect Indonesia
Which is in stark contrast to..."Feeling the heat from the global financial woes, the government has revised down budget assumptions for next year"
Wed, 15 Oct 2008
Minister: global crisis does not affect Indonesia
Originally Posted By: biznewsManpower and Transmigration Minister Erman Suparno said after the ASEM LEMC II opening ceremony, the global financial crisis does not affect Indonesia`s economical life because it is based on the strength of the people.
Wed, 15 Oct 2008
PT Celebes to export fish heads to Australia
Manado, N Sulawesi, (ANTARA News) - PT Celebes Minapratama will export fish heads to Australia following high demands from the buyers there, a spokesperson said here Tuesday."Australian importers have expressed their interest in buying fish heads at Rp650,000 per kilogram which is higher than...
Wed, 15 Oct 2008
Minister: global crisis does not affect Indonesia
Nusa Dua, Bali, (ANTARA News) - Manpower and Transmigration Minister Erman Suparno said after the ASEM LEMC II opening ceremony, the global financial crisis does not affect Indonesia`s economical life because it is based on the strength of the people.
Wed, 15 Oct 2008
City seeks to entice int'l investors for Transjakarta
The Jakarta bureau of capital investment and regional monetary management (BPM PKUD) is looking to open up participation in busway management to international investors.Hasan Basri Saleh, the bureau's head, said they were looking for prospective investors with interest in vehicle provision.
Wed, 15 Oct 2008
Govt revising down economic growth amid global downturn
Aditya Suharmoko, The Jakarta Post, Jakarta Feeling the heat from the global financial woes, the government has revised down budget assumptions for next year -- including economic growth, Finance Minister Sri Mulyani Indrawati says.2009 State Budget Assumption Original Proposed Changes Growth 6.
Tue, 14 Oct 2008
Biofuel policy reduces palm oil exports
Palm oil exports may decline by 1.5 million metric tons following the implementation of a policy on the mandatory use of renewable energy, a government official said Wednesday, Bloomberg reported.“In relation to the mandatory policy for bio-energy issued last month, we see that the use of...
Tue, 14 Oct 2008
CPO sales to double in October: Official
Sales of crude palm oil are expected to double in October to $2 billion from the previous month due to a further cut in the export tax on the commodity to 7.5% from 10%, a senior government official said Thursday, Dow Jones reported.
Tue, 14 Oct 2008
Govt. offers tax benefits to attract investments
The government is offering tax benefits for certain new investments as part of efforts to improve the investment climate amid the deepening global financial crisis, the Coordinating Ministry for Economic Affairs said Monday, Dow Jones reported.
Tue, 14 Oct 2008
Non oil-and-gas export growth on track: Minister
This year’s forecast of 12.5% non-oil-and-gas export growth will be maintained despite the global economic slowdown, the trade minister said on Thursday, Reuters reported.“Exports this year may not be affected because of strong exports in the past eight months.
Tue, 14 Oct 2008
Inflation hits 12.14% in September
Inflation during September came in at 0.97%, up on the August figure of 0.51% and taking the year-on-year figure to 12.14%, the Central Bureau of Statistics (BPS) stated on Monday, Detikcom reported.The cost of food through the Muslim fasting month of Ramadhan was the major contributor to the...
Tue, 14 Oct 2008
Crisis fall-out limited to stock market: Experts
Indonesia is likely to be saved from the worst effects of the global financial crisis due to its very limited engagement with the world’s financial system, according to a panel of experts quoted by Kompas on Saturday.
Tue, 14 Oct 2008
Global crisis reduces CPO orders
Jakarta (ANTARA News) - The current global financial crisis has adversely affected the self-reliant oil palm growers because the price of oil palm fruits has dropped.Yayat Hudaya, Secretary of the Federation of Plantation Companies, Bengkulu chapter, said here on Monday that world demand for...
Tue, 14 Oct 2008
American tourists to Bali up substantially
Denpasar (ANTARA News) - The number of American tourists to Bali has been increasing since the Indonesian government had lifted its travel warning, classiying the number of American tourists coming to the island resort as one of the big-ten.
Tue, 14 Oct 2008
Indonesia's One-Man Wrecking Crew
Indonesia's billionaire Chief Welfare Minister Aburizal Bakrie, whose companies are already being held responsible for the biggest man-made environmental disaster in Indonesian history, is now in trouble for playing a major role in wrecking the country's stock market, which has been closed for...
Thu, 09 Oct 2008
Govt to spend Rp 66 billion to boost trade
The Trade Ministry recently disbursed Rp 66 billion to fund the country's international export promotions.The fund, said to be channeled through the National Export Development Agency (BPEN), would be used in the ministry's trade exhibitions at home and abroad, which includes an expo in Paris,...
Thu, 09 Oct 2008
Indonesia's competitiveness not yet improving: WEF
The latest report from the World Economic Forum (WEF) shows that Indonesia's global competitiveness is not yet improving while the United States remains a top performer despite being shackled by the worst financial clout since the great depression.
Thu, 09 Oct 2008
Bin Ladin Group to Invest in Food Production in West Java
Wednesday, 08 October, 2008 | 18:56 WIBTEMPO Interactive, Bandung:West Java governor Ahmad Heryawan said his province will become one of the many regions targeted by the Binladin Group for investment. The Saudi Arabian company is interested in investing in food production.
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
Originally Posted By: Roy's Hair11 million unemployed? Jesus H Jankis I believe it's considerably more than that. Jesus H. Jankis? Did Sammy finally get a raise, promotion and a new job title?
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
Heh heh. Great insight into Indo Unis that feature. Why does none of it surprise me????
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
11 million unemployed? Jesus H Jankis I believe it's considerably more than that.
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
bleak article that..and mainly true
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
the govt can throw as many resources as it wants at the problem. the issue is that indonesians themselves do not value education, only titles.http://livinginindonesia.info/index.php/item/private-universities/until the culture supports and values true education, all the money in the world will not...
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
Or maybe the government provide a basic level of education for everybody!
Wed, 08 Oct 2008
U.S. crisis may affect RI small and medium oil, gas projects
Alfian , The Jakarta Post , Jakarta | Wed, 10/08/2008 10:35 AM | BusinessThe U.S.-led global financial crisis may take its toll on small to medium oil and gas projects in the country, upstream oil and gas operator BPMigas said Tuesday.R.
Wed, 08 Oct 2008
Indonesian Education System not Linked to Employment
Wednesday, 08 October, 2008 | 14:03 WIBTEMPO Interactive, Batam: Manpower and Transmigration Minister Erman Soeparno has stated that 11 million Indonesians are unemployed and that 70 percent of these are considered incompetent.
Wed, 08 Oct 2008
Global Crisis to Affect Oil Exploration in 2009
Wednesday, 08 October, 2008 | 14:08 WIBTEMPO Interactive, Jakarta: The global finance crisis will affect oil and gas exploration in Indonesia in 2009.“The crisis will make oil companies increase their loan for exploration,” said deputy of Oil & Gas Upstream Executing Body (BP Migas) Abdul...
Tue, 07 Oct 2008
Containers piling up at Jakarta port
They are also stock piling the imports of spirits. Price of vodka has doubled!!
Tue, 07 Oct 2008
Indonesia applies for palm oil patents
Feckin' palm oil. Poor Orang Utans. Plus the deeply worrying philosophical implications of patenting genetic material.
Tue, 07 Oct 2008
Indonesia applies for palm oil patents
Published: October 6 2008 17:15 | Last updated: October 6 2008 17:15An Indonesian plantation company has filed the first patent applications for a hybrid variety of palm oil seeds and their production that it expects will increase palm oil yield by several hundred per cent.
Tue, 07 Oct 2008
Containers piling up at Jakarta port
Fri, 10/03/2008 11:33 AM | BusinessAbout 5,000 containers without clear status and ownership are currently piling up at the Tanjung Priok port, an association says.Indonesian Association of Importers and Exporters (GINSI) chairman Amiruddin Saud said the association estimated around 5,000...
Tue, 07 Oct 2008
SOEs Recommended to Move US Dollar Funds to Indonesia
Monday, 06 October, 2008 | 16:44 WIBTEMPO Interactive, Jakarta: The State Ministry of State-Owned Enterprises (SOEs) has asked larger enterprises to move their US dollar savings to Indonesia.It is considered that this measure could help safeguard foreign exchange in connection with the financial...
Tue, 07 Oct 2008
RI`s non-oil exports to 12 main destinations down 4.7 pct
Jakarta, (ANTARA News) - The Central Bureau of Statistics (BPS) said Indonesia`s non-oil exports to 12 main destination countries in August dropped 4.71 percent from the figure in July."Indonesia`s non-oil exports in August 2008 totaled US$9.56 billion, down 1.
Tue, 07 Oct 2008
Govt maintains economic growth target at six percent
Jakarta (ANTARA News) - The government will keep its target of economic growth that has been set at six percent for next year despite the current global economic crisis.In a meeting with central bank officials, business leaders, state-owned company executives, economic observers and mass media...
Tue, 07 Oct 2008
News focus: Indonesia ready to face impact of US economic crisis
Jakarta (ANTARA News) - The financial crisis which has hit the United States has come uncer public spotlight all over the world and causes more impacts on the economy of many countries, Indonesia is no exception.
Mon, 06 Oct 2008
U.S. financial crisis to affect Indonesia`s economic growth
Jakarta, (ANTARA News) - State Minister for National Development Planning / Chairman of National Development Planning Board (Bappenas) predicted that the U.S. financial crisis would affect economic growth in Asia, including Indonesia."It will weaken economic growth, particularly in Asia.