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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.
Mon, 06 Oct 2008
Industry minister: govt to revise industrial growth target
Jakarta, (ANTARA News) - Indonesian industry minister Fahmi Idris said here on Sunday the government would revise its industrial growth target in 2009 which has been set at five percent because of the financial crisis in the US.
Mon, 06 Oct 2008
Trade minister calls for reducing consumer good imports
Jakarta, (ANTARA News) - Trade Minister Mari Pangestu called for reducing import of consumer goods here on Sunday to equalize the Indonesian balance of trade following predictions on the country`s export performance next year as a result of the world`s flagging economy.
Mon, 06 Oct 2008
Kadin hopes govt intensifies domestic purchasing power policy implementation
Jakarta, (ANTARA News)- The Indonesian chamber of commerce and industry (KADIN) has expressed hope that the government should step up its domestic purchasing power policy to anticipate the impact of the US financial crisis on Indonesia`s manufacturing sector.
Fri, 03 Oct 2008
RI economy can absorb impact of possible bailout failure, global fears
Pedantic Twunt
Fri, 03 Oct 2008
RI economy can absorb impact of possible bailout failure, global fears
Originally Posted By: Tut TutQuite sad that all the revenue from commodity exports goes into a giant black Indonesian singaporean hole.
Fri, 03 Oct 2008
RI economy can absorb impact of possible bailout failure, global fears
Aditya Suharmoko, The Jakarta Post, Jakarta The government says the possible failure of the U.S. bailout bill may not pose a threat to Indonesia’s economic fundamentals, despite global fears that the United States, the world’s largest economy, may plunge into grave recession.
Tue, 30 Sep 2008
BPMigas empowers local oil and gas supporting industry
Quote:"In the future, we will be more aggressive in disseminating information. We will actively announce any approved projects and this information can be viewed openly by everybody," Gerhard said in a seminar about the role of supporting industries in the oil and gas sector.
Mon, 29 Sep 2008
Taxpayers: Register or Regret it Later
New Tax Laws will Impose Tax Penalties of Up to 100% on Those Who Fail to Have an Official Tax Registration Number (NPWP).(9/29/2008) The National News Agency Antara warns that the government is preparing in 2009 to impose tax penalties ranging from 20% to 100% on individuals and corporations found...
Mon, 29 Sep 2008
Indonesia eyes hospital profits
The Indonesian government plans to build five “world class” hospitals catering for rich citizens who spend hundreds of millions of dollars every year on treatment overseas.Officials say profits from the new facilities will be used to improve healthcare for the tens of millions of...
Mon, 29 Sep 2008
Stonehenge abandons Indonesian nickel plans
29th September 2008, 13:45 WSTTin and nickel company Stonehenge Metals has abandoned plans to acquire an 85 per cent stake in an Indonesian nickel project, deciding competing claims to the project represented an unacceptable risk to shareholders.
Mon, 29 Sep 2008
Indonesia accuses ExxonMobil of smuggling expatriates
Monday 29th September, 2008 (IANS)Jakarta, Sep 29 (Xinhua) Indonesia's manpower and transmigration ministry has accused American energy giant ExxonMobil of illegally employing expatriates through its subsidiary Mobile Cepu Ltd (MCL) at its oil and gas fields in East Java province, media reports...
Mon, 29 Sep 2008
Government mandates gradual phase-in of biofuel for industries
Alfian , The Jakarta Post , Jakarta | Sat, 09/27/2008 12:01 PM | BusinessThe government has issued a regulation mandating the use of biofuel by manufacturers, commercial business, fuel retailers and power plant operators.
Mon, 29 Sep 2008
BPMigas empowers local oil and gas supporting industry
BPMigas, the country's upstream oil and gas regulator, says it is working on ways to boost the role of local supporting companies -- both in the form of service and non-service orders -- in oil and gas projects.
Mon, 29 Sep 2008
Governor may revoke Inco's license
Publicly listed PT Inco, a local unit of Canada-based mining giant Vale Inco is likely to have a hard time ahead as South East Sulawesi governor Nur Alam has threatened to annul the company's operating license, following a series of alleged violations.
Mon, 29 Sep 2008
N Sumatra coffee exports reach Us$128.32 million
Jakarta (ANTARA News) - North Sumatra earned US$ 128.32 million by exporting 38,233 tons of coffee seeds and instant coffee until August 2008, an official said here Friday."Arabica coffee still contributed the most or f US$ 116.
Mon, 29 Sep 2008
VP to help accelerate construction of Lombok Int`l airport
Mataram, West Nusa Tenggara (NTB) Province (ANTARA News) - Vice President Jusuf Kalla has said that he would help accelerate the construction of Lombok International Airport (BIL) to be located at Tanak Awu, Pujut sub district, Central Lombok district.
Fri, 26 Sep 2008
President to consider giving `special treatment` to Southeast Sulawesi
Kendari, Southeast Sulawesi, (ANTARA News) - President Susilo Bambang Yudhoyono has asked Southeast Sulawesi Governor Nur Alam to come to Jakarta in October or November 2008 to discuss the `special treatment` needed by the province to boost its economic growth.
Tue, 23 Sep 2008
Charoen sees '08 net profit at $47.6M
Agro and aqua-culture firm PT Charoen Pokphand Indonesia expects its net profit to more than double to Rp450 billion ($47.6 million) this year on higher sales and prices of animal feed and poultry, the company said on Tuesday, Reuters reported.
Tue, 23 Sep 2008
Microsoft Indonesia chalks up 30% rise in income
Microsoft Indonesia posted a 30% in income in its book year ending June 2008 compared with the previous book year, Asia Pulse reported.The income growth in Indonesia was higher than the growth Microsoft recorded in its global operations in the same period, Tony Chen, the company's director, said...
Tue, 23 Sep 2008
Number of foreign projects in Batam up 18%
The number of foreign projects in Batam approved by the Investment Coordinating Board (BKPM) from January to August this year rose 18% to 54 from 34 in the same period last year, Asia Pulse reported.The 54 projects are worth $65.
Tue, 23 Sep 2008
Indonesia's anti-corruption heroes
JAKARTA - Indonesia's anti-corruption drive has seen unprecedented numbers of politicians and high-ranking government officials convicted in recent months. The resurgent Corruption Eradication Commission (KPK) has transfixed the nation's public as it aggressively pursues powerful political figures,...
Tue, 23 Sep 2008
Beef import to soar on higher demand as local supply falters
The Jakarta Post , Jakarta | Mon, 09/22/2008 12:41 PM | BusinessIf meat demand can be used to gauge a country's level of prosperity, Indonesia might just be among those labeled "prosperous".With local supply unable to keep up with increasing demand, meat imports are expected to jump by at...
Mon, 22 Sep 2008
Jambi to build industrial zone to lure investors
Jambi, (ANTARA News) -The Jambi municipal administration will turn hundreds of hectares of land into industrialized areas to lure investment to boost local economic growth, an official said."Jambi has a potential to grow into a center of downsteram agricultural and plantation industry of nine...
Sat, 20 Sep 2008
‘Paralysis’ is price to end Jakarta graft
Indonesians will have to accept up to 15 years of policy “paralysis” if they want to defeat what is widely regarded as the country’s endemic public sector corruption, the country’s senior graft investigator has stated.
Sat, 20 Sep 2008
MA decision on Temasek to compromise RI: NGO
Jakarta (ANRARA News) - The Supreme Court`s decision to reject Singapore`s investment firm Temasek Holdings Pte Ltd`s legal review suit will compromise Indonesia`s position in world business, an NGO spokesman said.
Fri, 19 Sep 2008
Global liquidity crisis having small impact on Indonesia
Jakarta (ANTARA News) - Vice President Jusuf Kalla said Friday the current global liquidity crisis has only led to a 0.1 percent drop in Indonesia`s gross domestic product (GDP)."Indonesia is one of the Asian countries recording the lowest declines in GDP," he told the press after Friday...