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Wed, 10 Sep 2008
Starbucks Indonesia Continues to Grow
Originally Posted By: Polisi CepekI don't like starbucks on principle - creepy cookie-cutter stores, big american company, etc. The price is absurd, but taste-wise are there better options in Indonesia? Beng. Solo is cheap, but really much worse than starbucks.
Wed, 10 Sep 2008
Starbucks Indonesia Continues to Grow
I don't like starbucks on principle - creepy cookie-cutter stores, big american company, etc. The price is absurd, but taste-wise are there better options in Indonesia? Beng. Solo is cheap, but really much worse than starbucks.
Wed, 10 Sep 2008
Bali: Officials looking to crackdown on residence abuse
I'm baffled, I thought having a kitas was what they wanted foreigners to do. Kuku?
Wed, 10 Sep 2008
Tax proceeds leap 46 percent on higher taxpayer compliancy
Aditya Suharmoko, The Jakarta Post, Jakarta Improved tax collection by extending the tax base and modernizing the tax system have boosted tax proceeds by 46 percent during the first eight months of this year, Finance Ministry's director general of taxation Darmin Nasution says.
Wed, 10 Sep 2008
Foreign-owned banks
Some analysts have again expressed serious concern over increasing foreign ownership of banks in Indonesia, arguing this makes it more difficult for Bank Indonesia (the central bank) to guide monetary policies and bank lending for national economic development.
Wed, 10 Sep 2008
Three Materials Manufacturers Threatened with Bankruptcy
Wednesday, 10 September, 2008 | 12:19 WIBTEMPO Interactive, Jakarta: Due to the availability of cheap Chinese products, some Indonesian materials manufacturers are threatened with bankruptcy.According to Ario N Setiantoro, Head of the Nail and Wire Manufacturers Association (Ipaki), one...
Wed, 10 Sep 2008
Tens of firms tried for dodging Jamsostek scheme
Jakarta (ANTARA News) - Tens of companies have been taken to court for not registering their workers with state-owned workers insurance company PT Jamsostek, an official said.Director for Manpower Supervision Affairs of the Directorate General of Manpower, Mudji Handojo, said here on Tuesday that...
Wed, 10 Sep 2008
Singapore tops in making doing business easy: World Bank
Singapore (ANTARA News/afp) - Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business, the World Bank said in a report Wednesday.The Asian city-state edged out New Zealand and the United States in the "Doing Business 2009" ranking by the...
Tue, 09 Sep 2008
New regulation may up real estate values
The Jakarta Post, JakartaJakarta's property values are expected to rise by about 50 percent if the government revises its regulation on foreign nationals' right to own property, an analyst predicts.The government is looking into extending property usage rights by foreign nationals from 25 years,...
Tue, 09 Sep 2008
Starbucks Indonesia Continues to Grow
Tuesday, 09 September, 2008 | 13:02 WIBTEMPO Interactive, Jakarta: Although many Starbucks branches in Australia and the USA have been closed down, Starbucks Coffee Indonesia intends to add more branches.
Tue, 09 Sep 2008
Business-friendly tax bill endorsed
The House of Representatives enacted on Wednesday a much-awaited amendment to the income tax law aimed at spurring economic activities by providing lower rates and more incentives to businesses, The Jakarta Post reported.
Tue, 09 Sep 2008
Bali: Officials looking to crackdown on residence abuse
The large number of expatriates living in Bali with temporary stay permits (Kitas) could cause an increase in the number of permit violations, head of Ngurah Rai Airport's immigration office Jusuf Hadi has said, The Jakarta Post reported.
Tue, 09 Sep 2008
Palu`s fried onion enters world market
Palu, C Sulawesi (ANTARA News) - Fried onion from Palu, Central Sulawesi, has entered the world market for its unique flavour, a local official said here Monday.Head of Central Sulawesi`s Investment Coordinating Board, M Hadjir Hadde, said that the fried onion was always included in national and...
Tue, 09 Sep 2008
25 companies to invest in agribusiness
Jakarta (ANTARA News) - Twenty-five companies are interested in making an investment in large-scale corn agribusiness in Indonesia, manager of PT DuPont country manager Mardahana said.Many investors were interested in developing large-scale corn plantations in the country in view of the current...
Tue, 09 Sep 2008
Visit Indonesia Year 2008 not a failure, says minister
Jakarta (ANTARA News) - The Visit Indonesia Year 2008 program does not fail, Minister of Culture and Tourism Jero Wacik said at a hearing with House of Representatives said here Monday."According to the Central Bureau of Statistics, in the first semester of this year, the number of foreign...
Tue, 09 Sep 2008
Intiland to Develop Ngoro Industrial Park
Monday, 08 September, 2008 | 18:07 WIBTEMPO Interactive, Jakarta:Responding to investors’ demand in the industrial sector, PT Intiland Development will allocate US$ 2 million to develop the second stage of Ngoro Industrial Park on a 240-hectare land in Mojokerto, East Java.
Mon, 08 Sep 2008
RI demands OZ, NZ open up service markets under FTA
kinda sounds like the wok calling the billy black ...
Mon, 08 Sep 2008
RI demands OZ, NZ open up service markets under FTA
Indonesia has proposed the liberalization of professional and service sectors in Australia and New Zealand under the free trade agreement (FTA) between the two countries and ASEAN members.Gusmardi Bustami, Trade Ministry director general for international trade cooperation, said the government had...
Mon, 08 Sep 2008
Tax rate to blame for drop in local investment
Mustaqim Adamrah, The Jakarta Post Indonesia's "uncompetitive" tax law has contributed to a massive drop in domestic realized investment in the first six months of the year by forcing investors to seek "foreigner" status to take advantage of lower rates in other countries, an...
Sun, 07 Sep 2008
President asks for new policies to facilitate investment in Bali
Quote:In discussing the President's request with Antara, Pastika said: "To meet those requirements, one effort that will be undertaken by the provincial government is to give clear information to investors. This must be done because we are not merely opening our door wide to investors.
Sun, 07 Sep 2008
President asks for new policies to facilitate investment in Bali
Same story reported on Bali Discovery (http://www.balidiscovery.com/messages/message.asp?Id=4731) gives a slightly different slant:President Tells Pastika to Facilitate Investment in BaliPastika Promises Clear and Precise Information for Potential Investors in Bali.
Sun, 07 Sep 2008
President asks for new policies to facilitate investment in Bali
Quote:"One of the things we do to attract investors is to provide prospective investors with true and correct information. We do not just invite them without more," the governor said. now there's a novel idea.
Sun, 07 Sep 2008
President asks for new policies to facilitate investment in Bali
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked the Bali provincial administration to formulate new policies to facilitate investment in the province, Bali Governor Made Mangku Pastika said here on Friday.
Sun, 07 Sep 2008
Significant rise in tourist arrivals in Bali
Denpasar, Bali,(ANTARA News) - The number of foreign tourist arrivals in Bali rose significantly in the first semester of this year, a regional tourism official said."According to records, a total of 280,222 foreigners visited Bali in the first semester of this year, an increase of 22.
Sun, 07 Sep 2008
N Sulawesi fishery exports reach US$45.23 million
Manado, N Sulawesi, (ANTARA News) - North Sulawesi`s exports of fish and fish products reached a value of US$45.23 million in the first semester of this year, a local trade official said."The income came from exports totaling 20,735.
Fri, 05 Sep 2008
Indonesia cuts taxes to attract business
Are you geddin it? I'm really geddin it.Play over in your mind with a one handed drummer laying down the beat.
Fri, 05 Sep 2008
RI hopes China to relocate its industry
Jakarta, (ANTARA News) - The Indonesian government expected Chinese businessmen to relocate their industries to Indonesia and made it as a production basis, Trade Minister Mari Pangestu said here, Thursday.
Thu, 04 Sep 2008
Indonesia cuts taxes to attract business
yahooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!! at long last........RH, if you read this a bintang on me down romance later
Thu, 04 Sep 2008
Indonesia cuts taxes to attract business
BRILLLIANT !!!!!!!!!!!!!!!! MAY HAVE TO CELEBRATE IN THE PUB!
Thu, 04 Sep 2008
Indonesia cuts taxes to attract business
Indonesia’s parliament has passed a long-awaited law cutting corporate and personal income tax rates to broaden the country’s relatively tiny tax base and stimulate economic growth.Analysts hailed the legislation as a major milestone in Indonesia’s transition to a more business-friendly...
Thu, 04 Sep 2008
Two foreign airlines to serve Bali
Ni Komang Erviani, Contributor, Badung Two more foreign airlines have been scheduled to provide direct flights to Bali in the near future said Heru Legowo, general manager for airport operations at Ngurah Rai international Airport on Wednesday.
Thu, 04 Sep 2008
Minister denies Indonesia highly dependent on food imports
Jakarta (ANTARA News) - Agriculture Minister Anton Apriantono denied certain quarters` allegation that Indonesia was highly dependent on imports to meet its food needs, saying that these needs were mow mostly being fulfilled with domestic products.
Thu, 04 Sep 2008
Melawai market traders protest against Carrefour presence
Jakarta (ANTARA News) - A group of small retail traders from Pasar Melawai in the Blok M area in south Jakarta demonstrated at the Jakarta City Legislative Council (DPRD DKI) building on Wednesday to protest against the presence of a Carrefour hypermarket in the same building where they are...
Thu, 04 Sep 2008
Bakrieland, Suntech cooperate in solar energy systems
Jakarta (ANTARA News) - Publicly-listed real estate developer PT Bakrieland Development Tbk has agreed to cooperate with Suntech Power in creating environment-friendly buildings using solar energy systems in all the former`s projects.
Wed, 03 Sep 2008
House Passes Bill on Income Tax
hmmm -- does anybody have a copy of the final tax bill?? They were talking of tax rates of 14% for companies who turn over less than $5 million USD, dropping to 12.5%. If its just a flat rate of 28% it hardly seems worth the trouble!
Wed, 03 Sep 2008
House Passes Bill on Income Tax
Bugger, I thought they were going to reduce the personal rate too.
Wed, 03 Sep 2008
Investments point to industrial growth
The decision of Indian aluminum producer Nalco to go ahead with a $3 billion smelter in South Sumatra suggests the province possesses the potential to develop into a new industrial hub.While Antara reported that feasibility studies are continuing, the plan presumes a plentiful supply of power, a...
Wed, 03 Sep 2008
Port raises handling fee amid poor service, slack security
State-owned PT Pelabuhan Indonesia (Pelindo) II announced Monday it raised container handling fees at Tanjung Priok port to offset rising prices and to fund infrastructure upgrades.The increase in the fees is between 18 and 21 percent.
Wed, 03 Sep 2008
Steel import soars on robust demand
Steel imports reached a record high during the first seven months of the year due to limited production capacity and soaring demand driven by government-sponsored infrastructure projects.Imports of iron and steel were higher in the period than in the whole of last year, leading analysts to predict...
Wed, 03 Sep 2008
More foreign visitors to Bali, but stays shorter: Report
The number of foreigners visiting Bali rose again in July, although more were having shorter stays, Bali's Central Statistics Agency reported Tuesday.The number of foreign visitors rose by 7.02 percent to 183,325 in July compared to 171,301 in June, agency chief Ida Komang Wisnu said.
Wed, 03 Sep 2008
More business-friendly tax bill endorsed
The House of Representatives on Tuesday enacted a much-awaited amendment to the income tax law aimed at spurring economic activities by providing lower rates and more incentives to businesses.Income tax for corporations will be set at 28 percent flat next year, replacing the current progressive...
Wed, 03 Sep 2008
Indonesia's promising economic outlook 2009
you fellows are too cynical! things *are* going well for indonesia at the moment, and yes, they *are* bucking the trend!
Wed, 03 Sep 2008
Indonesia's promising economic outlook 2009
It's am election year coming up .. what do you expect
Wed, 03 Sep 2008
Indonesia's promising economic outlook 2009
Amazing, the rest of the world is predicting a down turn and Indonesia........
Wed, 03 Sep 2008
Indonesia's promising economic outlook 2009
Cyrillus Harinowo , Jakarta In the coming weeks, most corporate businesses will start preparing their budgets. Some with more extensive operations and networks have in fact started the drafting process directly after the President's Aug. 16 speech before Parliament.