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Sun, 18 Oct 2009
Bali's Worsening Water Crisis
Hotels in Nusa Dua and Kuta Affected by Diminishing Water SuppliesA page-one story in the Bali Post on Thursday, October 15, 2009, has confirmed the worsening water crisis affecting the island. A number of hotels in Nusa Dua, Kuta and Seminyak are reported to be suffering critical water shortages...
Sun, 18 Oct 2009
Bali escapes tide of recession
UBUD, Bali - The island's ability to stand out from the crowd has for decades made Bali an acclaimed tourist destination. Its distinctive landscape of terraced rice fields on volcanic slopes leading to white sand beaches and renowned surf, epitomizes a tropical paradise.
Sun, 18 Oct 2009
UT expands business to barging sector
The Jakarta Post, Bandung As part of its business expansion, PT United Tractors (UT), a subsidiary of PT Astra International focusing on heavy machinery supplier, has developed its barging industry in Kalimantan through its subsidiary company PT Patria Maritime Lines.
Sat, 17 Oct 2009
Time needed for Indonesia environment law: official
JAKARTA, Oct 16 (Reuters) - Indonesia's tough new environment law, passed last month and aimed at any firm with an effect on the environment, may take as long as two years to implement, a senior government official said on Friday.
Sat, 17 Oct 2009
Indonesian Liquor Makers Yet to Toast New Distribution Regulation
A new Trade Ministry regulation issued on Friday will allow alcoholic-beverage makers to supply their products directly to retailers without having to go through distributors, a move that the government hopes will help reduce costs for producers.
Sat, 17 Oct 2009
Mining Regulation Generates Confusion in Indonesia
Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the work contractors were allowed to perform for mining concessionaires, saying it failed to clearly explain what contractors could and could not do.
Sat, 17 Oct 2009
Batam Needs Thousands of Workers
TEMPO Interactive, Batam: Companies in Batam need thousands of workers as the area including Batam, Bintan, and Karimun has been named as a free trade zone.Former Chairman of the Indonesian Employers Association (Apindo) for the Riau Islands, Abidin Hasibuan, said yesterday (15/10) that currently...
Fri, 16 Oct 2009
Investment up 400 percent under Yudhoyono
Under President Susilo Bambang Yudhoyono’s watch, the total capital expenditure of state firms reached Rp 128 trillion, nearly a 400 percent increase compared to the previous government leadership, and is expected to continue growing.
Fri, 16 Oct 2009
National oil management reforms imperative
There are at least three reasons why the structure of the national oil industry today requires reform by improving or substituting the 2001 Law on Oil and Gas.First, the application of this oil and gas law has proven to be highly unprofitable for the state.
Fri, 16 Oct 2009
Kadin wants postponement of RI-Australia FTA`s signing
Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (Kadin) has asked the government to postpone the signing of a free trade agreement (FTA) with Australia until domestic industries were in a stronger bargaining position.
Fri, 16 Oct 2009
Businessmen demand Batam administration remove regulation on newcomers
The Riau branch of the Indonesian Employers Association (Apindo) has demanded the Batam administration remove a regulation limiting the number of newcomers claiming it will restrict the number of qualified workers needed on the island.
Fri, 16 Oct 2009
Fruit Growers Say Indonesia's New Rules Costly
Fruit growers say they are opposed to the Agriculture Ministry’s plan to introduce new rules next month to control the quality of fresh agricultural produce, arguing the move is unrealistic given current conditions in Indonesia’s agribusiness sector.
Thu, 15 Oct 2009
Offices set to spearhead rebound in property
A recovery in the fairly depressed property sector, which was hit this year by the global financial downturn, will be spearheaded by the office market next year, a survey by a property consultant shows.
Thu, 15 Oct 2009
Next govt faces plenty of homework
Economic ministers held their last meeting Wednesday and left plenty of homework for their successors, with unresolved problems ranging from boosting infrastructure, reform of the bureaucracy, to revitalizing the real sector.
Thu, 15 Oct 2009
That old song: Infrastructure
President-elect Susilo Bambang Yudhoyono’s decision to include basic infrastructure development as key programs of action for the first 100 days of his government is a strategic move given our huge infrastructure deficit.
Thu, 15 Oct 2009
Indonesia to Revise Oil, Gas Law in Light of Industry Changes
The House of Representatives (DPR) for the 2009 - 2014 term is planning to revise Law No. 22 / 2001 on Oil and Natural Gas because it is viewed to be no longer suitable in light of latest developments in the oil and gas industry.
Thu, 15 Oct 2009
Carrefour insists not monopoly despite KPPU ruling
French-based retail giant Carrefour has questioned the results of a Business Competition Supervisory Commission's (KPPU) study one month before the commission issues a verdict on the firm’s alleged monopolistic practices.
Thu, 15 Oct 2009
Opportunities to Start Supermarkets Still Open
– The opportunity for investors to launch new supermarkets in Surakarta is still open. “If they want to open supermarkets in the northern area, we can still grant them permits,” said Surakarta Mayor, Joko Widodo, yesterday.
Thu, 15 Oct 2009
Govt to limit coal exports to 150 million tons/year
Jakarta (ANTARA News) - The government plans to limit coal exports to 150 million tons per year in order to ensure fulfillment of increasing domestic demand, a minister said here on Wednesday.Energy and Mineral Resources Minister Purnomo Yusgiantoro said domestic need for coal following the...
Wed, 14 Oct 2009
Japan to strengthen ties with ASEAN, boost investment in Indonesia
JAKARTA, Oct. 13 (Xinhua) -- Japan would strengthen its relation with ASEAN and increase investment in Indonesia, Indonesian Foreign Minister Hassan Wirajuda quoted Japanese Foreign Minister Katsuya Okada as saying on Tuesday evening here.
Wed, 14 Oct 2009
Builders Say Cement Prices Slowing Construction
Abuilding industry association said soaring cement prices have been seriously hampering the progress of construction projects throughout the country.“The failure [by the government] to control cement prices is deplorable, as it affects small, mid-size and large-scale contractors,” said Ahmad...
Wed, 14 Oct 2009
Govt sets up new site for creative surfers
Creative industries need support to grow: MinisterThe country’s emerging creative industries need support from banking and non-banking institutions to flourish, Trade Minister Mari Elka Pangestu says.
Wed, 14 Oct 2009
Govt sets up new site for creative surfers
The government has launched a website aimed at creative industry players and others interested in meeting in the cyber world and gaining information about the industry.“We need a database to record all creative communities. Physical meetings [between them] already exist, which is good.
Wed, 14 Oct 2009
Bukit Asam and Railway Company Ink Deal
TEMPO Interactive, Jakarta:PT Bukit Asam yesterday signed a long-term coal transportation agreement with state-owned railway company PTKA. The agreement included additional transport capacity from 10 million tons to 20 million tons per year for Tanjung Enim South Sumatera - Tarahan, Lampung route,...
Wed, 14 Oct 2009
Government to Improve Sea Transportation Facilities
TEMPO Interactive, Jakarta:The government plans to improve sea transportation facilities in some areas to develop the potential of local economies. Optimizing inter-island system of distribution is expected to strengthen and sustain the national economy.
Wed, 14 Oct 2009
House to revise oil, gas law
Jakarta (ANTARA News) - The House of Representatives (DPR) for the 2009 - 2014 term is planning to revise Law No. 22 / 2001 on Oil and Natural Gas because it is viewed to be no longer suitable in light of latest developments in the oil and gas industry.
Wed, 14 Oct 2009
Govt expects investment to begin increasing in Q3
Jakarta (ANTARA News) - The government predicts that investment in the country will begin to increase in the third quarter of 2009 and play a role in national economic growth, a cabinet minister said."Investment is expected to increase but it is likely not more than five percent," Acting...
Tue, 13 Oct 2009
RI targets 7 million foreign tourists next year
Indonesian government targets 7 million of foreign tourists in 2010, an increase from this year's estimation of 6.4 million, an official said on Tuesday.Ministry of Culture and Tourism's Director General of Marketing Sapta Nirwandar said that the government also targeted US$7.
Tue, 13 Oct 2009
Tangerang to Inspect Foreign Workers
TEMPO Interactive, Jakarta: Tangerang Immigration office said it will conduct inspection and checks on foreign workers in the region to put their presence in order in line with the regulation, suggesting foreign workers to renew their expired or nearly expired working license.
Tue, 13 Oct 2009
New SBY govt seeks to break the infrastructure logjam
The government has repeatedly said building infrastructure will be key to its new economic policy when President Susilo Bambang Yudhoyono begins his second five-year term in office next week. But what else is new, one might validly ask.
Tue, 13 Oct 2009
Single account and submission ready early 2010
The government will start to implement a single sign-on and a single submission for businessmen with real time data early next year.NSW technical team chief Susiwiyono Mugiharso said Monday the single sign-on and single submission systems were part of the next government’s first 100 days of work.
Tue, 13 Oct 2009
Government to Increase Textile Exports
TEMPO Interactive, Jakarta:Indonesia is planning to double textile exports to Japan. “Increase in export values is expected to be achieved within five years,” said Metal, Machinery, and Textile director-general, Ansari Bukhari, last week.
Tue, 13 Oct 2009
Blitz Urges Action Against Indonesian Cinema ‘Monopoly’
Cinema operator Blitzmegaplex on Monday urged the Business Competition Supervisory Commission to take further action in response to a report Blitz submitted in June alleging that cinema giant Group 21 had monopoly control of domestic film distribution.
Tue, 13 Oct 2009
Indonesia Facing Numerous Hurdles on Road to Development
The Ministry of Industry expects sectors excluding tourism and oil and gas to increase their contribution to gross domestic product to 28.6 percent in 2015 and to 31.2 percent by 2020, up from 25.7 percent forecast for this year. But the way forward will have to be supported by sweeping changes.
Tue, 13 Oct 2009
Laying the Groundwork to Boost Investment in Infrastructure
Investors have long complained about the numerous obstacles to investing in infrastructure projects in Indonesia. Bambang Susantono, a deputy minister in charge of infrastructure development at the Coordinating Ministry for Economic Affairs, spoke with the Jakarta Globe about plans to attract...
Mon, 12 Oct 2009
Selective Enforcement of the Law: Closed Business Owner in Kuta Threaten to Re-Open his Business
Selective Enforcement of the LawClosed Business Owner in Kuta Threaten to Re-Open his Close Business if Badung Officials Do Not Enforce the Law Equally.NusaBali carries the story that the closure of at least four entertainment and accommodation venues by the Badung regency's enforcement agency...
Mon, 12 Oct 2009
No Need for Bali to be Kept in the Dark
Sometime the best ideas come to you in dark. I think this was the case the other evening when I sat in the dark for four hours in what was my first of what promises to be the first of many power blackout evenings expected to stretch until early December. As reported on balidiscovery.
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
the word "will" appears 8 times in that article.in indonesia, don't believe anything until you see it. and even then, remain sceptical.
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
So does that mean importing a MOGE will be cheaper? Anybody know what's the going rate now anyway?
Mon, 12 Oct 2009
Indonesia To Cut Import Tariffs in 2010
JAKARTA, Indonesia - The Indonesian government has announced it will reduce import tariffs on vehicles next year. The government sees this as the final cut in MFN (most favored nation) tariff rates as required under World Trade Organization regulations.
Mon, 12 Oct 2009
CIC to Use Bumi for Indonesia Investment
JAKARTA -- China's sovereign wealth fund is looking to make natural resource investments in Indonesia through a partnership with PT Bumi Resources, the nation's largest coal mining company by output, Bumi said Friday.China Investment Corp. last month agreed to lend $1.
Mon, 12 Oct 2009
Medco plans wood pellet production
Benget Besalicto Tnb., The Jakarta Post, Jakarta Indonesia’s largest private energy firm Medco Group will expand its forestry business by producing renewable energy wood pellets, for which it sees a rising demand on the international market, a senior government official said.
Sun, 11 Oct 2009
Greenpeace attacks New Zealand company for 'climate crime'
Seven activists of the international Greenpeace environment organization were arrested Sunday after painting a protest slogan on the side of an Indonesian ship unloading palm-kernel animal feed at the New Zealand port of New Plymouth.
Sat, 10 Oct 2009
Provincial Governments' Business & Investment Luncheon (Jakarta, Tuesday 13 October)
Indonesia's 33 provinces invite you to participate in their inaugural Provincial Business Luncheon and Networking function at the Ballroom, Sultan Hotel Jakarta on13 October 2009.The event is hosted by two provincial associations, the ADP ESDM-LH PI and AIPMP representing:· Directors-General of...
Sat, 10 Oct 2009
Upstream oil and gas regulator gets new deputy from KPK
Alfian, The Jakarta Post, JakartaThe government has appointed a gratuities director at the Corruption Eradication Commission (KPK) as one of top officials at the upstream oil and gas regulator BPMigas.Lambok Hamonangan Hutauruk was sworn in as BPMigas's deputy for legal evaluation on Friday.
Sat, 10 Oct 2009
Papua plans to build first cement factory
Jakarta (ANTARA News/Asia Pulse) - Papua will build its first cement factory with an annual production capacity of 1 million tons in 2010, the Indonesian regional administration said.Papua Governor Barnabas Suebu said the project will cost Rp2.
Sat, 10 Oct 2009
S Sulawesi to present its investment prospects to foreign envoys
Makassar (ANTARA News) - The Ministry of Foreign Affairs has invited the South Sulawesi provincial administration to present investment opportunities in the region to 40 foreign ambassadors in Indonesia.
Sat, 10 Oct 2009
Government Urged to Stop Exporting Raw Materials
TEMPO Interactive, Semarang: Indonesian Businessmen Association (API) chairman, Sofyan Wanandi, called on the government to immediately stop exporting raw materials and, instead, let local companies produce these materials so they can contribute positively to the national economic development.
Sat, 10 Oct 2009
MFC Global Eyes Indonesian Currency
TEMPO Interactive, Singapore: Manulife Financial’s business unit, MFC Global Investment Management, announced their interest in investing in Rupiah and Singaporean Dollars.The two currencies were chosen since their values have been appreciating along with the acceleration of economic growth in...
Fri, 09 Oct 2009
Indonesia consumer confidence slips on price worries
JAKARTA, Oct 8 (Reuters) - Indonesian consumer confidence slipped in September, on concerns over rises in key prices including toll road fees and electricity tariffs, a central bank survey showed on Thursday.