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Wed, 09 Jul 2008
Property market in RI almost opaque to foreign investors
The Jakarta Post, JakartaForeign investors are wary about investing in the Indonesian real estate market due to a low level of information transparency and restricted access to the market, a report says.
Wed, 09 Jul 2008
RI cocoa production floored by pests while global prices rise
Indonesia's cocoa production fell 7.6 percent to 480,000 tons in the first half of this year compared to in the same period last year due to failure to prevent pest attacks, an association says.Halim Razak, chairman of Indonesia's Cocoa Producers Association (Askindo), said Monday the fungus and...
Mon, 07 Jul 2008
Government mulls restricting number of vehicles: Veep says
Palembang, South Sumatra (ANTARA News) - Vice President Jusuf Kalla said that the government was studying a possibility of restricting the growth in the number of vehicles in an effort to save on energy and reduce subsidy.
Sun, 06 Jul 2008
Domestic Tourism Booming in Bali
Despite Rising Fuel Costs, Domestic Tourism Expected to Grow 15% in 2008.(7/5/2008) Bisnis Indonesia predicts that domestic tourism totals to Bali will grow by 15% in 2008, in part due to the unprecedented surge of local tourist coming to the Island during the current school holiday period.
Sun, 06 Jul 2008
Surf the Internet to Catch Illegal Bali Villas
good to see that the bali constabulary have got their priorities straight.
Sun, 06 Jul 2008
Surf the Internet to Catch Illegal Bali Villas
Bali Police Chief Wants a List of Illegal Villas Offered for Rent on the Internet.(7/5/2008) Bali's Chief of Police Inspector General Ashikin Husein has issued orders to his subordinates to undertake a complete review of the number illegal villas, including those in Bali's more remote regions.
Sun, 06 Jul 2008
Tourism Indonesia Mart & Expo Returns To Makassar
(7/5/2008) This year's Indonesia's annual travel mart Tourism Indonesia Mart & Expo (TIME) or Pasar Wisata Indonesia returns to Makassar, South Sulawesi. The only oficial Indonesian-wide tourism and travel mart will be held on October 14-17, 2008 at the Celebes Convention Center (CCC).
Sun, 06 Jul 2008
Energy demand boosts Indonesian coal mines
Published: July 3 2008 01:48 | Last updated: July 3 2008 01:48Bayan Resources on Wednesday highlighted the interest investors are taking in Indonesia, the world’s largest thermal coal exporter, when it announced plans to raise up to $695m by floating 25 per cent of its shares on the country’s...
Sun, 06 Jul 2008
Govt ready to renegotiate all mining contracts
The government is ready to renegotiate all mining contracts in response to the developing in society, Energy and Mineral Resources Minister Purnomo Yusgiantoro said."We are ready to renegotiate the mining work contracts again and adjust them to the dynamics developing in society," the...
Sun, 06 Jul 2008
Govt plans revision to CPO export duty policy, in talks with producers
The Trade Ministry is in talks with the country's crude palm oil (CPO) producers over a revision to the current policy for the commodity's export duty."There are several options being discussed, including whether it will be set to the level of the range of the increase (of the duty) from time...
Sun, 06 Jul 2008
Govt, House agree to cut dividend tax
The government and the House of Representatives have agreed to reduce tax on companies' dividend payments despite disagreements between House factions on the size of the cut.Melchias Markus Mekeng, head of the House's committee overseeing the income tax bill currently under deliberation, said...
Sun, 06 Jul 2008
Industries oppose operating hours restrictions
Industry players say a government plan to regulate company operating hours will lower their productivity and hurt workers relying on overtime payments.Hasanuddin Rachman, deputy chairman of Indonesian Employers Association (Apindo), said Friday the plan would only create new problems for many...
Sun, 06 Jul 2008
Most Indonesians say country in recession: Nielsen survey
Novia D. Rulistia, The Jakarta Post, JakartaA survey of Asia-Pacific countries carried out on the Internet reveals 77 percent of the respondents believe Indonesia is in a recession, despite first-quarter economic growth.
Wed, 02 Jul 2008
Telkom signs deals to boost services
PT Telekomunikasi Indonesia (Telkom), the country's largest telecom firm, signed agreements Tuesday with nine foreign operators to expand its international traffic communications volume."The signing of the agreements is part of our effort to expand our international traffic communication...
Wed, 02 Jul 2008
Telkom signs deals to boost services Irawaty Wardany , The Jakarta Post , Jimbaran, Bali | Wed, 07/02/2008 10:5
PT Telekomunikasi Indonesia (Telkom), the country's largest telecom firm, signed agreements Tuesday with nine foreign operators to expand its international traffic communications volume."The signing of the agreements is part of our effort to expand our international traffic communication...
Wed, 02 Jul 2008
May exports boosted by CPO sales: BPS
Exports in May increased 17.47 percent from the previous month mainly thanks to a higher price and volume of shipped crude palm oil (CPO), the Central Statistic Agency (BPS) reported Tuesday."CPO is the biggest contributor to the increase due to its higher price and volume, making up for 15.
Tue, 01 Jul 2008
Faced with tough choices, consumers vote with their stomachs
A special poll was conducted in April by Roy Morgan Research to understand the views of people around Jakarta on issues relating to the increasing price of fuel, energy and commodities.As many as 2,010 respondents of 14 years of age and older were asked what would impact more greatly on the lives...
Tue, 01 Jul 2008
Rail investors call on government to clear the way
New railway routes are key to boosting efficiency and reducing distribution costs for local developing businesses, but progress has been hampered by land-clearance issues, business players say."With trains, we will know when our goods will arrive.
Tue, 01 Jul 2008
Govt to limit reimbursable items under cost recovery scheme
Aditya Suharmoko , The Jakarta Post , Jakarta | Tue, 07/01/2008 10:25 AM | HeadlinesThe government is wrapping up a new regulation that will eliminate 17 expenses that oil and gas contractors can currently claim for reimbursement under the cost recovery scheme, a minister says.
Tue, 01 Jul 2008
Indonesia inflation accelerates further in June, led by higher transport costs
Jakarta (ANTARA News) - Indonesia's annual inflation in June accelerated to its fastest pace since September 2006, driven by higher transportation costs after the government hiked subsidised fuel prices the month before, the Central Bureau of Statistics said Tuesday.
Tue, 01 Jul 2008
Govt. plans 10% mandatory biofuel mix by 2010
Indonesia plans to start its mandatory biofuel blending program in September with a 2.5% mix of either bioethanol or biodiesel, a senior industry executive said, Dow Jones reported.The blend will gradually be raised to 10% by 2010 in a bid to reduce reliance on fossil fuels, said Erwin Duma,...
Tue, 01 Jul 2008
Oil palm plantation to be turned back into forest
The government said it has decided to turn 42,000 hectares of oil palm plantation into forests in Padanglawas, North Sumatra, Asia Pulse reported.The plantation was built on a protected forest land by PT Torus Ganda, owned by Darianus Longguk Sitorus, now serving eight years in jail.
Tue, 01 Jul 2008
Govt. to expand plantation forests
The government will speed up the development of plantation forests (HTI) in a bid to increase the country's export capacity for pulp, an official of the forestry ministry said, quoted by Asia PulseNext year, the government targets expansion of HTI by 9 million hectares and by 15 million hectares in...
Tue, 01 Jul 2008
Essar commissions steel service center
India's Essar Group on Wednesday said its PT Essar steel plant in Indonesia has commissioned a $15 million advanced service center at the firm's cold rolling complex near Jakarta, Asia Pulse reported.The new center, which will have an annual capacity of 300,000 tons, will process hot rolled,...
Tue, 01 Jul 2008
Qatar interest in tire industry
A group of investors from Qatar led by Qatar Islamic Bank wants to invest in the tire industry in the country, said Alwi Shihab, the special presidential envoy for the Middle East, Asia Pulse reported.Shihab said the investors want to invest in Indonesia as 50% of the Middle East's tire requirement...
Tue, 01 Jul 2008
Energizer to relocate plant to Indonesia
US-based Energizer Holdings Inc. plans to relocate its plant from Singapore to Indonesia where demand for batteries has risen by as much as 10% a year, Investor Daily Indonesia quoted an industry ministry official and a company spokesman as saying, Bloomberg reported.
Tue, 01 Jul 2008
AcelorMittal given two licenses: Lutfi
London-based AcelorMittal, the world's largest steelmaker, has been granted two licenses for operations, says M. Lutfi, the head of Indonesia's Investment Coordination Board (BKPM).He told a luncheon hosted by foreign journalists on Wednesday that the company had been granted licenses for...
Tue, 01 Jul 2008
Govt. proposes to cut tax rate on dividends
The government plans to lower the tax rate on dividends to 15% from 20% in an effort to improve the investment climate and encourage the development of financial markets, the tax chief said, reported Reuters.
Tue, 01 Jul 2008
Govt. sets deadline for tax evaders
The government will fine unregistered taxpayers 20% of their total taxes if they fail to register by the end of this year, as part of efforts to increase tax collections, a legislator said, quoted by Reuters Indonesia has a population of 230 million, but only four million people are on the tax...
Tue, 01 Jul 2008
Credit expands despite slowdown
An economic slowdown has not put a brake on credit expansion, according to a central banker, with total outstanding credits up by 33%.In the year ending June 30, banks disbursed Rp284.29 trillion ($31 billion), increasing the total figure for disbursements to Rp1,145.
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
PaHe Gourmet Wrap yang tidak pedas, baby!
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Try a 'pizza hut' pizza from papa cafe jalan jaksa...other 'bad' pizza will quickly be put into perspective.If you have a little room left, drop by McDs for a gourmet wrap
Tue, 01 Jul 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Death to Dominos! Horrible, raw-dough gummy shite... Looks like a round patch of menses.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: kenyeungOriginally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering.Sounds like a form of "Canareal Disease" called Chirpies. It is tweetable.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering.Sounds like a form of "Canareal Disease" called Chirpies. It is tweetable.
Tue, 01 Jul 2008
Poultry businesses going bankrupt
Originally Posted By: Polisi CepekMany Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering. They'd have you believe it's a plot. clearly foul play
Mon, 30 Jun 2008
Poultry businesses going bankrupt
Many Papuans of my aquiantance blame the inter-island chickens for certain health problems the province is suffering. They'd have you believe it's a plot.
Mon, 30 Jun 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
Domino's was already here once before the crisis, had a location near Tivoli's the Italian restaurant on Kemang Raya, think they closed in the last 3 or 4 years.
Mon, 30 Jun 2008
Harvey Nichols, Domino's Pizza to hit Indonesia
The country's leading retail-marketer for lifestyle brands, PT Mitra Adiperkasa (MAP), will bring London's premier fashion store Harvey Nichols and U.S.-based Domino's Pizza to Jakarta.Company vice president Virendra Prakash Sharma said the two new stores were part of the company's plan to expand...
Mon, 30 Jun 2008
Poultry businesses going bankrupt
Scores of poultry businesses in Jayapura are on the brink of bankruptcy due to low chicken prices, high animal feed prices and competition from other regions."We've been forced to leave our hatches empty since April due to the poor sale prices," said Julianti, owner of Bunga Tani poultry...
Mon, 30 Jun 2008
Indonesia to post wider trade surplus in May as exports rebound - economists
Jakarta (ANTARA News) - Indonesia is expected to report a wider trade surplus in May compared to April as crude palm oil (CPO) exports recovered after falling sharply in the previous month, economists said.
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Originally Posted By: chewwyUKummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were:Japan 142,161, Australia 101,465, Taiwan...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Originally Posted By: chewwyUKummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were: Japan 142,161, Australia 101,465, Taiwan...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
ummm ---- "Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors"The top 5 countries producing foreign visitors to Bali in May 2008 were:Japan 142,161, Australia 101,465, Taiwan 60,395,South Korea 57,300,...
Sun, 29 Jun 2008
Bali on its Way to 2 Million Visitors in 2008
Bali on its Way to 2 Million Visitors in 2008Bali by the Numbers: Month After Month After Month - Bali Continues to Set New Arrival Records.(6/28/2008) Bali foreign tourist arrivals for the month of May 2008 continued to perform in record-breaking territory achieving 159,877 visitors, a full +24.
Sun, 29 Jun 2008
Errant Taxpayers Threatened with Company Closure
Errant Taxpayers Threatened with Company ClosureBadung Tourism Official Wants Hotels and Restaurants who Don't Pay Their Taxes Closed.(6/28/2008) The Head of Badung's Regional tourism office, Made Subawa, is quoted in NusaBali as threatening to yank the operating licenses of hotels, restaurants and...
Sun, 29 Jun 2008
Value of Bali's Clothing Exports Down Slightly
Value of Bali's Clothing Exports Down SlightlyBali Exporting More Clothing But Earning Less in 2008.(6/28/2008) Bali's Garment sector is suffering from intense competition from their counterparts in China, Vietnam and India who, according to an Antara report, are producing goods of better quality...
Sat, 28 Jun 2008
Japan needs 1,000 Indonesian workers
Japan needs 1,000 Indonesian workersManado, N Sulawesi, (ANTARA News) - Japan is in need of 1,000 Indonesian workers, comprising 600 nurses and 400 people taking care of elderly people on contract basis for 3 and 4 years.
Fri, 27 Jun 2008
House can now summon anybody involved in oil industry, trade : legislator
Originally Posted By: Dilli"In addition, the overseas oil purchases were made through the services of brokers making the purchasing prices higher then they could be," Bimo said.I believe there are a group of Indonesians in Singapore doing rather nicely out of these "overseas" purchases And I...
Fri, 27 Jun 2008
Saudi proposes joint investment promotion initiative to RI
A Saudi investor has proposed Indonesia and Saudi set up a joint promotion company to increase investment in both countries.According to the chairman of the Global Unions Company of Saudi Arabia, Dr. Khalid S. Al Musa, the proposed body would promote investment projects.