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70 articles.
Kuala Lumpur, (ANTARA News) - Malaysian Religious Affairs Minister Ahmad Zahid Hamidi said Malaysia`s Hajj Saving Institution was seeking 200,000 hectares of land for oil palm plantations in Kalimantan.
Mustaqim Adamrah and Aditya Suharmoko, The Jakarta Post, JakartaThe government and businesses seem to have agreed on one solution that could mitigate the impact of the global slowdown while also creating millions of new jobs -- to accelerate government-led infrastructure projects.
The Jakarta Post | Sat, 01/03/2009 5:17 PM | BusinessVice Presiden Jusuf Kalla said Saturday that the government would expand and revitalize the Ngurah Rai International Airport in Denspasar, Bali, and that the construction would begin in April.
Commuters from Depok commuting to Jakarta will have to wait to enjoy driving down the planned widened 21.7 kilometer Depok-Antasari turnpike as the developer has said it is in difficulty financing the new express lane due to a huge increase in costs.
Java and Bali will receive an additional 1,535 megawatts (MW) of power supply this year, although the increased capacity would still not still reach an ideal level, state power firm PT PLN said over the weekend.
With shrinking demand from the main buyers of Indonesia’s exports, such as the United States and the European Union, the country’s food and beverage producers urgently need to diversify their markets, the head of an industry association says.
The banking sector will continue lending to businesses this year, although not as aggressively as in 2008, two senior bankers say.“We don’t want to be too conservative about providing loans,” said Agus Martowardojo, chairman of the Indonesian Bankers Institute, or IBI.
President Susilo Bambang Yudhoyono said on Wednesday that his administration would counter the impact of the global economic recession next year with a fiscal stimulus package worth Rp 12.5 trillion ($1.15 billion).
Samarinda (ANTARA News) - Economic indicators amidst the global financial crisis are predicted to decline in 2009, an Indonesian Chamber of Commerce and Industry (Kadin) executive says."The global crisis which hit many countries in the world in 2008 will continue this year.
Alfian, The Jakarta Post, JakartaWhile booking an unprecedented 53.79 percent jump in revenue this year in direct earnings from the energy and mining sectors, the government will prepare for possible economic turbulence next year by lowering revenue expectations for the state coffers.
With impeccable timing Indonesia has created a new mining law just as the biggest resource boom in history has come to a grinding halt.
TEMPO Interactive, Jakarta: Chairman of Indonesian Industrial Estates Association, Hendra Lesmana, has said that investors are holding on to their investment funds until the draft government regulation regarding industrial estates is completed.
The Jakarta Post, JakartaIndonesia, Southeast Asia's largest economy, has delayed signing a trade deal with Australia and New Zealand, due to be inked this month, until March next year, a senior official said Monday.
We don't see how the new tourism law which was passed by the House of Representatives last week will contribute to further developing Indonesia into a major destination for global tourists.
Debnath Guharoy, Consultant What a year it's been. By any yardstick, 2008 was an exceptional one for most people regardless of age, gender or geography. In the turmoil, the established economic order is in question around the world.
The Indonesian Industrial Estate Association, or HKII, on Tuesday urged the government to implement its industrial estate regulation, known as RPP KI, to better protect businesses and attract foreign investors.
Slowing market demand and the international financial crisis have caused significant drops in gold, sliver, tin and copper production in Indonesia in recent months and also forced companies to revise down their targets for 2009, ministry officials said on Tuesday.
Tuesday, 30 December, 2008 | 19:19 WIBTEMPO Interactive, Jakarta: Indonesian Authority is planning to issue a free trade license for five ports in three free trade zones. Port and Excavation Director at the Transport Ministry, Cholik Kirom, said the license will come into effect in January 1st 2009.
Constitution Bars Realtors' Efforts to Extend Property Ownership Rights to Non-Indonesians.(12/26/2008) The Indonesian Real Estate Association (REI) chapter from North Sumatra told the national news agency Antara that there is a pressing need to extend the leasehold period for foreigners in ...
Bali's Leaders Gather to Plot Strategies to Confront World Economic Crisis.(12/26/2008) A discussion of Bali's economy for 2009 was convened on Wednesday, December 24, 2008 by Bisnis Bali including leading academics, banking officials, government officials and local business leaders.
Jakarta (ANTARA News) - The Indonesian Accountants Association (IAI) reported the Indonesian finance accountancy standards convergence (SAK) to International Financial Reporting Standards (IFRS) at its 51st anniversary.
Jakarta, (ANTARA News) - Economic observer from the Institute for Development of Economics and Finance (Indef), Aviliani, predicts direct investment in Indonesia in 2009 will drop due to political conditions in the year.
The Ministry of Marine Affairs and Fisheries said that aquaculture, or commercial fisheries, would overtake traditional fishing as the main source of Indonesia’s seafood in next year.Soen’an Hadi Poernomo, the ministry’s head of information, said aquaculture production was projected to rise 45.
In a move critics say smacks of protectionism and goes against fair trade practices, the Ministry of Trade has issued a decree banning hyperstores, shopping malls, supermarkets and mini-markets nationwide from opening outlets near traditional markets and levies fees on the products they sell.
Dian Kuswandini, The Jakarta Post, JakartaThe Attorney General's Office (AGO) said Friday all legal documents issued under an online administration system of the Justice and Human Rights Ministry were unlawful because they were signed by a private company.
The Jakarta Post, Jakarta Which number would you like to have for next year's total tourism visit projection? Would it be 6.2 million, 6.4, 6.5, or even 8 million? These are the choices you get when the government sets a target for expected visitors to the country in 2009.
sym·bi·o·sis (sĭm'bē-ō'sĭs, -bī-) n. pl. sym·bi·o·ses (-sēz)Biology: A close, prolonged association between two or more different organisms of different species that may, but does not necessarily, benefit each member.
JAKARTA, Dec. 24 (Xinhua) -- Indonesia planned to raise spending on infrastructure next year to 100 trillion rupiah (some 9.2 billion U.S. dollars) from this year's 60 trillion rupiah (about 5.5 billion U.S.
Jakarta (ANTARA News) - The Indonesian Young Entrepreneurs Association (HIPMI) has predicted that businesses' performance which at present is experiencing the impact of global financial crisis in the country will recover in the second semester of 2009.
Gresik, East Java (ANTARA News) - President Susilo Bambang Yudhoyono reiterated the government`s determination here on Wednesday to make all the ships transporting goods between the different parts of the country to fly the Indonesian flag.
Ika Krismantari, Jakarta Post, Jakarta In a clear sign of a slowdown, investment in the country's industrial sector is forecast to drop by 18 percent this year, from a year earlier, with a further decline expected next year as the impact of the global economic downturn peaks.
Jakarta (ANTARA News) - Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for Monetary and Fiscal Committee, Bambang Soesatyo said efforts must be made to increase the absorption capacity of domestic market in facing the impact of global economic crisis.
Alfian, The Jakarta Post, Jakarta Oil and gas contractors have proposed to the regulator to spend up to US$13.15 billion on investment in exploration and production in 2009.
Katherine Hermawan, AnalystThe recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers.
Which number would you like to have for next year's total tourism visit projection? Would it be 6.2 million, 6.4, 6.5, or even 8 million? These are the choices you get when the government sets a target for expected visitors to the country in 2009.
Investment in Indonesia is predicted to total $17 billion in 2009, Muhammad Lutfi, the chairman of the country’s investment board said, lower than an earlier target of around $20 billion due to the global economic crisis.
State-owned PT Bahana TCW Investment Management is offering a limited-placement mutual fund aimed at raising Rp 325 billion ($29.9 million) to finance the development of an East Kalimantan supply base for mining logistics. Dwina S.
Muhamad Al AzhariAs parts of its effort to boost international trade efficiency, the government on Tuesday launched the third phase of the “National Single Window” program, or NSW, an online system which may enable traders to submit necessary documents and obtain clearance from a wider array of ...
There will be few major investments in Indonesia’s mining sector until the government clarifies uncertainties in the recently passed mining bill, industry analysts and companies said on Monday.“Whether we like it or not, the mining bill has been passed.
PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of wireless broadband and WiMAX communication systems, has signed an agreement to jointly develop WiMAX subscriber units for the Indonesian market with PT.
Alfian, The Jakarta Post, BandungState oil and gas company PT Pertamina plans to spend around Rp 11 trillion (US$1 billion) on upgrading its upstream facilities as part of an effort to boost output, the company's upstream director, Karen Agustiawan, says.
The government may request increased royalty payments from mining companies by reviewing their current contracts following the enactment of an amended mining law, Energy and Mineral Resources Ministry Purnomo Yusgiantoro says.
Alfian and Adianto Simamora, Jakarta, The Jakarta Post Indonesia and China signed deals Monday covering cooperation on eight energy and mining projects worth a total of around Rp 35 trillion (US$3.13 billion).
The Lampung provincial administration is building an integrated biofuel school in Central Lampung regency as part of its plan to become a national bioenergy center.Construction of the special school in Sulusuban village, Central Lampung, is expected to cost Rp 216 billion (US$19.
Since mid-November, Haliman, 50, has been busily engaged in cultivating Polyscias Fruticosa, better known as Ming Aralia, an evergreen shrub native to India and Polynesia, at the Sei Temiang flower nursery in Batam, Riau Islands.
Mustaqim Adamrah and Aditya Suharmoko, The Jakarta Post, Jakarta The Indonesian Chamber of Commerce and Industry (Kadin) has requested the government to postpone a deadline to improve tax filing and undertake tax registration until March next year as businessmen are busier than ever coping with ...
The government may halt imports of oil palm tree seeds next year as domestic demand for the seeds slows amid the global economic slowdown and a drop in crude palm oil prices.
The Jakarta Post | Sun, 12/21/2008 4:08 PM | BusinessFinance Minister Sri Mulyani has called on local business people to help her ministry fight what she called the "port mafia"."Currently, I'm fixing our port, which includes reforming the customs office.
The government plans to host hundreds of promotional events and trade shows in 2009, which it has dubbed the “Year of Creative Industries” in response to complaints that it isn’t doing enough to stop foreign producers from cashing in on Indonesia’s cultural heritage by selling imitation ...
Editorial: Bali Post Editorial Questions Efficacy and Professionalism of Indonesian Tourism Promotion.(12/20/2008) Pande Putu Setiawan S.T, M.M.
The Corruption Eradication Commission (KPK) has given the Upstream Oil and Gas Regulator (BP Migas) six months to mend its poor inventory system that has given rise to allegations of embezzlement.Speaking after meeting with BP Migas head R.
Fadli, The Jakarta Post, Batam Business circles in Batam, Riau Islands province, are calling on the government to expedite the planned setting up of a regional management body (BPK) in the area aimed at replacing -- fully or partly -- the Batam Industrial Development Authority (BIDA).
