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Sun, 23 Sep 2007
The Bali Land Grab: Villa Developments
(9/22/2007) A report in the Indonesian-language Bali Post highlights the growing level of tension in local communities resulting from the current boom in real estate development across the island of Bali.
Sun, 23 Sep 2007
Indonesia needs to apply biosphere reserve concept: LIPI
JAKARTA (Antara): Indonesia needs to apply the biosphere reserve concept, the Indonesian Institute of Sciences (LIPI) said.The biosphere reserve concept could balance the economic and environmental conservation interests toward sustainable development, LIPI Deputy Head Dr.
Sun, 23 Sep 2007
Leading players to join oil and gas auction in October
A number of oil and gas giants including U.S.-based Chevron, Exxon and ConocoPhillips, France-based Total and British-based Shell and BP, are set to submit their bids in the government's next tender for oil and gas exploration projects in the country, an official says.
Sun, 23 Sep 2007
Indonesia losing its thirst for privatization
JAKARTA - The botched privatization of an Indonesian water utility represents the latest cautionary tale debunking market fundamentalist dogma that private management and pricing are in the interests of the public good.
Sun, 23 Sep 2007
New South Wales, Jakarta agree to promote economic relations
The administrations of Jakarta and the state of New South Wales (NSW) in Australia are seeking to enhance their sister state-province relationship, with NSW sending a delegation of businesspeople to Indonesia this week.
Sat, 22 Sep 2007
Global Mediacom acquires 62.63 million Mobile-8 shares
Jakarta (ANTARA News) - Publicly-listed investment company PT Global Mediacom, formerly PT Bimantara Citra, has acquired 62,693,500 shares of telecommunication firm PT Mobile-8 Telecom, a Global Mediacom director said."The transaction was carried out on September 5-14.
Sat, 22 Sep 2007
Australian confidence in Bali tourism back to normal: Garuda official
Brisbane (ANTARA News) - Australians` confidence in Indonesian tourism, notably in the popular resort island of Bali, has returned to pre-2005 Bali bombing levels, a Garuda Indonesia official here said."Garuda carried 9,000 Australian tourists from Darwin to Bali in January-August 2007.
Sat, 22 Sep 2007
RI imported 1.2 million kg of innards this year
yep, that's the stuff! not to mention the ubiquitous bakso, in times of rat-meat shortage ...
Fri, 21 Sep 2007
Astra investing Rp 2 trillion in North Maluku palm oil sector
TERNATE, North Maluku (Antara): Publicly-listed oil palm company PT Astra Agro Lestari will invest Rp2 trillion in palm oil plantation which will be built on 50,000 hectares of land in West Halmahera district, a local official has said.
Fri, 21 Sep 2007
DPD backs House stance on FTZs
The Regional Representatives Council (DPD) has backed the stance of most factions in the House of Representative in rejecting a government regulation in lieu of law (emergency regulation) on free trade zones (FTZ).
Fri, 21 Sep 2007
Microsoft warns software pirates
Acknowledging the existence of a flourishing software piracy industry here, PT Microsoft Indonesia has warned against any tampering with its Windows Vista operating system, saying that it is equipped with an advanced protection system.Senior director for worldwide antipiracy at Microsoft Corp.
Fri, 21 Sep 2007
RI imported 1.2 million kg of innards this year
Jakarta (ANTARA News) - Up to September 9 this year, Indonesia imported a total of 1.22 million kg of entrails, according to the Ministry of Agriculture here on Thursday.The ministry`s data showed the innards were imported from Australia and New Zealand by five companies. It was part of the 20.
Fri, 21 Sep 2007
Sharp increase in foreign tourist arrivals in N Sulawesi
Manado, N sulawesi (ANTARA News) - The number of foreign tourist arrivals in North Sulawesi last August increased sharply by 15.3 percent compared to the figure in the previous month, a local statistics official said.
Thu, 20 Sep 2007
Govt to abolish fiscal fees in 2010
in fact, Indonesian residents, not just citizens, are required to pay fiskal. but we can't expect The Jakarta Post to get these minor facts correct, can we?nonetheless, don't believe anything till you see it. this same story makes a guest appearance every 2-3 years.
Thu, 20 Sep 2007
Govt to abolish fiscal fees in 2010
JAKARTA (JP): The government has said it would abolish fiscal fees in 2010.Finance Minister Sri Mulyani said the government had drafted a bill removing the fees, Metro TV reported Wednesday.Indonesian citizens are currently required to pay a fiscal fee of Rp 1 million (US$ 107) to go overseas via...
Wed, 19 Sep 2007
Bakrie Wins International Connection Project
TEMPO Interactive, Jakarta: PT Bakrie Telecom won the tender of international fixed-line direct connection (SLI). The SLI selection team regarded Bakrie Telecom as meeting the most requirements. However, there is not any detailed explanation about the tender assessment result.
Wed, 19 Sep 2007
BKPM chief: Govt Regulation No 1/2007 to be revised soon
Jakarta (ANTARA News) - The head of the Investment Coordinating Agency (BKPM) M.Lutfi said the government will soon revise Government Regulation No 1 of 2007 on income tax facility for capital investment in certain lines of business or regions in Indonesia so that investors would enjoy the benefits...
Tue, 18 Sep 2007
George Soros to invest in oil palm sector in Aceh
yes, but this is Indonesia, and his money is as good as Adolf Hitler's...
Tue, 18 Sep 2007
James Riady making quality education his business
Is this the same guy that owns Kabelvision AND Astro satellite tv?Well thanks James for screwing all of your customers over the EPL and making them pay again. You sound like a very charitable guy!!!Nice company that Lippo Group ... ask Mr B. Clinton
Tue, 18 Sep 2007
RI, Iceland to realize geothermal cooperation accord in 2008
From the Foreign Affairs site:Embassy of the Republic of Indonesia to Norway and accredited to the Republic of Iceland Ambassador H.E.Mrs. Retno L.P. Marsudi Address Fritzners Gate 12, 0244 Oslo, Norway Phone (47) 2212-5130 Fax (47) 2212-5131 Email kbrioslo@online.no Website http://www.
Tue, 18 Sep 2007
RI, Iceland to realize geothermal cooperation accord in 2008
Originally Posted By: Dilli"The Indonesian Embassy in Oslo"? means the indonesia embassy there also doubles up as the embassy for iceland. common where governments don't want to waste resources with full-time representation, especially in smaller countries.
Tue, 18 Sep 2007
TV advertising is growing in volume, but declining in value
While every medium has the innate ability to engage and entertain the audience, most people would agree that there is none more capable than television.In a country where almost everybody watches the small screen almost everyday, it's no surprise that the overwhelming share of the advertising...
Tue, 18 Sep 2007
RI, Iceland to realize geothermal cooperation accord in 2008
"The Indonesian Embassy in Oslo"?
Tue, 18 Sep 2007
Temasek Looks to Merge BII, Danamon
Singapore’s state-owned investment company, Temasek Holdings Pte, may merge its two Indonesian banks into the country's fifth largest to meet ownership rules and boost their competitiveness, Bloomberg News reported on Friday (14/9/07).
Tue, 18 Sep 2007
Govt. Seeks Level Retail Playing Field
The government is planning legislation aimed at ensuring fair competition in the retail sector where large operators, including foreign companies, have been squeezing smaller, local companies, Trade Minister Mari Pangestu said Wednesday (12/9/07).
Tue, 18 Sep 2007
2007 Worker Remittances Seen Up
Money sent home by Indonesians working overseas is likely to rise 41% to $4.8 billion this year from last year as more workers seek jobs abroad, an official said Thursday (13/9/07).Arini Rahyuwati, who heads a unit monitoring workers remittances at the state agency for overseas workers, said...
Tue, 18 Sep 2007
RI, Iceland to realize geothermal cooperation accord in 2008
Jakarta (ANTARA News) - Indonesia and Iceland hope to realize an agreement on cooperation in a geothermal development project in 2008, the Foreign Ministry said.Indonesia was hoping the cooperation agreement could be implemented when the two countries mark the 25th anniversary of their diplomatic...
Tue, 18 Sep 2007
ADB revises up RI growth forecast to 6.2 percent
Indonesia's economy is expected to register higher growth this year and ahead as a revival in domestic demand continues to drive more consumption and investment, the Asian Development Bank (ADB) says in its latest economic outlook.The ADB revised upwards its 2007 growth forecast for Indonesia to 6.
Tue, 18 Sep 2007
Australia extends loan to Indonesia to rebuild roads
Sydney (ANTARA News) - Australia will extend a 300 million AUD (close to 252 millionUSD) interest-free loan to Indonesia to help rebuild roads destroyed by the 2004 tsunami.Australian Foreign Minister Alexander Downer said that the loan was part of the 1 billion AUD Australia-Indonesia Partnership...
Mon, 17 Sep 2007
Indonesia's Mobile-8 ratings affirmed after completion of bond issue - Moody's
MUMBAI (Thomson Financial) - Moody's Investors Service affirmed the 'B2' corporate family rating of PT Mobile-8 Telecom Tbk, Indonesia's fourth-largest cellular operator.At the same time, Moody's (nyse: MCO - news - people ) affirmed the 'B2' rating for the 100 mln usd senior unsecured 11.
Mon, 17 Sep 2007
Anantara Plans Bali Resort
SEPTEMBER 14, 2007. Anantara Resorts is set to open a luxurious boutique property on a prime beachfront location in the chic resort area of Seminyak, Bali.Anantara Resort Seminyak, with a total of just 59 luxurious suites, is a comfortable 30 minute drive from the international airport and is...
Mon, 17 Sep 2007
Indonesia August motorcycle sales up 17 pct from July, led by Honda
Jakarta (ANTARA News) - Indonesian domestic motorcycle sales in August rose 17 percent from July to 429,156 bikes, with Honda taking the biggest market share, data released Monday by the Indonesian Motorcycle Industry Association show.
Mon, 17 Sep 2007
Indonesia expects China to invest more in manufacturing
Jakarta (ANTARA News) - Indonesia expects China to invest more in Indonesia`s manufacturing field such as automotive, electronic and textile industries, a minister said."Most of (Chinese) investment currently goes into natural resources and infrastructure.
Mon, 17 Sep 2007
RI promotes Bali in Japan's expo
TOKYO (Antara): Indonesia again promoted Bali as the famous tourist object with a good security in an international tourism expo organized by the Japan Association Travel Agency (JATA) in Tokyo, Japan."To attract more foreign tourists to visit Indonesia, we really want to promote Bali as the most...
Mon, 17 Sep 2007
James Riady making quality education his business
For some, the notion of a businessman running a company for profit and at the same time a school for charity might seem odd.Not so for James Riady, chairman of the Lippo Group of companies and the Pelita Harapan Educational Foundation.
Sun, 16 Sep 2007
ASEAN Tourism Investment Forum in Bali Sept 20-22
Bali Meeting Seeks to Expand Pan-ASEAN Tourism Investment Opportunities.Bali News: ASEAN Tourism Investment Forum in Bali Sept 20-22(9/15/2007) As reported in TBSC-Strategic Communication's Indonesian Digest, the ASEAN Tourism Investment Forum (ATIF) will be held in Bali September 20-22, 2007.
Sun, 16 Sep 2007
PATA Mart Bali Set for Record Attendance
Major Travel Show in Bali September 25-28 Underlines Island's Draw as World's Favorite Tropical Island.Bali News: PATA Mart Bali Set for Record Attendance(9/15/2007) According to the Indonesian-language Bisnis Indonesia, the Indonesian Ministry of Culture and Tourism is optimistic that the Pacific...
Sun, 16 Sep 2007
Raffles Lands on Bali's Jimbaran Coast
Luxury Villa and Private Residence Property Managed by Raffles Hotels & Resorts to Open at Pecatu in 2010.Bali News: Raffles Lands on Bali's Jimbaran Coast(9/15/2007) Raffles Hotels & Resorts have signed an agreement with PT Asia Pasifik Properti, a subsidiary of the Rekso Group, to manage a luxury...
Sun, 16 Sep 2007
20% of Foreign Visitors to Bali from MICE Sector?
Meeting and Conference Delegates will Largely Determine if Indonesia can Meet its 6 Million Foreign Visitors Target in 2007.Bali News: 20% of Foreign Visitors to Bali from MICE Sector?(9/15/2007) Meetings, incentive, conference and exhibition (MICE) participants are expected to represent 20% of all...
Fri, 14 Sep 2007
George Soros to invest in oil palm sector in Aceh
Soros in Aceh? Ha, they're gonna love him there.
Fri, 14 Sep 2007
George Soros to invest in oil palm sector in Aceh
JAKARTA (JP): One of the world's best-known fund managers, George Soros, plans to invest in the oil palm plantation sector in the country's westernmost province, Nanggroe Aceh Darussalam, its governor,Irwandi Yusuf, said Thursday after meeting with Soros in New York recently.
Thu, 13 Sep 2007
House challenges legality of new FTZs
The fate of the newly inaugurated Batam, Bintan and Karimun free trade zones (FTZs) appears to be in limbo as members of the House of Representatives continue to question the legal basis for their establishment.
Wed, 12 Sep 2007
Smoking US-Indonesia trade debate
JAKARTA - A bill under deliberation by the US Congress has caused much concern among Indonesia's big cigarette producers and threatens to ignite a bilateral trade row if the restrictive legislation is fully implemented.
Wed, 12 Sep 2007
Special 'cyber' law 'needed' to support ICT development
Neglect and conflicting interests are hampering the expansion of Indonesia's information and communications technology (ICT) industry so that special legislation is needed to encourage its development, an expert said Tuesday.
Wed, 12 Sep 2007
Back to the city in property sector? Not so fast!
At the Jakarta Property Expo last week, a number of new apartment developments were offered as part of the so-called "back to the city" concept -- the modern way of living. The concept was introduced by a property developer that has been aggressive in offering high-rise options for living in the...
Wed, 12 Sep 2007
Steps to Lower Cooking Oil Prices
I was refering to the information in this article from last weeks JP...Bekasi residents in kerosene craze City News - September 07, 2007 BEKASI: A kerosene agent in Jl. Teuku Umar, Bekasi, was overwhelmed Thursday as Rawalumbu district residents gathered early in the morning to collect cooking fuel...
Wed, 12 Sep 2007
Steps to Lower Cooking Oil Prices
"cooking oil" in this case does not mean fuel oil, but oil for cooking/frying. indonesians use *heaps* of this, being one of the "9 basic commodities" (sembako) for ordinary people, thus its importance ...
Wed, 12 Sep 2007
Sharp to Build LCD TV Assembly Plant in Jakarta
I suppose they will just move into the now defunct Sony LCD factory in Cibitung which is right next door to LG who make emm err LCD TV's.....
Wed, 12 Sep 2007
Steps to Lower Cooking Oil Prices
This seems to go against the government decision for consumers to use LPG? Sounds like two dogs pulling at different leashes to me!
Tue, 11 Sep 2007
Credit Disbursement Accelerates
Credits disbursed by the banking sector rose to an estimated Rp20 trillion ($2.2 billion) in August from Rp11.4 trillion in the previous month, Bank Indonesia spokesman Budi Mulya said, according to Asia Pulse.