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Oil subsidy set at Rp81 trillion in revised 2015 budget The Indonesian government has set a fuel subsidy of only Rp81 trillion in the 2015 revised budget, down from Rp276 trillion set previously in the 2015 budget. "The value includes carryover debt from last year totaling Rp25 trillion to Pertamina," Finance Minister Bambang Soemantri Brodjonegoro stated here on Friday.

Posted in Economy @ 09 January 2015 20:45 CET by Blog Bot · permalink · 0 reactions


Arif Wibowo new president director of Garuda Indonesia Arif Wibowo, the president director of Citilink Indonesia, has been named president director of PT Garuda Indonesia, replacing Emirsyah Satar. So Wibowo now has bigger aeroplane as "pilot in command" to fly.

Posted in General @ 12 December 2014 15:47 CET by Blog Bot · permalink · 0 reactions


Lion Air to build Indonesia's largest cargo airport in Lebak Lion Air, Indonesia's largest privately owned airlines, plans to build a cargo airport in Lebak, Banten province, which will be bigger than the Soekarno-Hatta International Airport, the companys CEO, Rusdi Kirana, stated here on Friday.

Posted in Infrastructure @ 28 November 2014 19:21 CET by Blog Bot · permalink · 0 reactions


President Jokowi announces cabinet lineup President Joko Widodo (Jokowi) accompanied by Vice President Jusuf Kalla announced his cabinet lineup consisting of 34 ministers or the so-called "Work Cabinet" for 2014-2019 period at the Merdeka Palace on Sunday as follows.

Posted in Politics @ 26 October 2014 18:46 CET by Blog Bot · permalink · 0 reactions


Indonesia to develop trans-Sumatra toll road The Trans-Sumatra Toll Road Development Project will soon commence following the signing of the order by President Susilo Bambang Yudhoyono (SBY).

Posted in Infrastructure @ 19 September 2014 18:23 CET by Blog Bot · permalink · 0 reactions


Karen resigns as Pertamina president director Karen Agustiawan has tendered her resignation as president director of state oil and gas company Pertamina due to personal reasons, Pertamina spokesman Ali Mundakir reported.

Posted in General @ 18 August 2014 20:20 CET by Blog Bot · permalink · 0 reactions


Salary for 1,400 Merpati employees delayed by eight months About 300 employees of Merpati Nusantara Airlines staged a rally outside the State Enterprises Ministry on Tuesday demanding the payment of pending eight-month salary to 1,400 employees of the cash-strapped carrier.

Posted in Travel @ 12 August 2014 22:42 CET by Blog Bot · permalink · 0 reactions


Merpati to propose deferred repayment of its debts Cash-strapped carrier, Merpati Nusantara Airlines will soon submit a proposal to the commercial court for deferred repayment of its debts totaling Rp2 trillion to around 100 private and individual creditors.

Posted in Travel @ 12 August 2014 00:13 CET by Blog Bot · permalink · 0 reactions


State Enterprises Ministry urged to assess PLN`s performance The State Enterprises Ministry must evaluate the performance of state electricity company, PT Perusahaan Listrik Negara (PLN), following power cuts in several parts of Jakarta on Monday, noted a lawmaker.

Posted in Power supply @ 13 May 2014 23:31 CET by Blog Bot · permalink · 0 reactions


Pertamina labor union threatens to stop gas supplies to PGN The Federation of Pertamina United Labor Unions (FSPPB) has threatened to stop gas supplies to state gas distributor PT Perusahaan Gas Negara (PGN) following a planned acquisition of PT Pertamina Gas (Pertagas) by PT PGN.

Posted in Oddly enough ... @ 13 May 2014 23:20 CET by Blog Bot · permalink · 0 reactions


Jakarta proposes to construct three underpasses The Jakarta provincial administration plans to build underground crossing tunnels in several locations in the capital city to ease off pedestrian traffic at street crossings, Governor Joko Widodo stated here on Friday. "We will build tunnels in three locations. Hopefully, the construction can start within this year," the governor noted.

Posted in Infrastructure @ 09 May 2014 17:00 CET by Blog Bot · permalink · 0 reactions


Jakarta monorail project to be completed in 2017: Adhi Karya Publicly traded construction company PT Adhi Karya Tbk said construction of Jakartas monorail project linking Bekasi-Cawang and Cibubur-Cawang will start in 2015 to be completed in 2017. Construction of the Jakarta Link Transportation (JLT) will start in April , 2015 although it has yet to wait for the presidential regulation on monorail.

Posted in Infrastructure @ 03 April 2014 23:04 CET by Blog Bot · permalink · 0 reactions


Survey: 'Jokowi's electability remains at the top' The electability ratings of Jakarta Governor Joko Widodo as president still tops the list at 31.8 percent, according to a recent survey conducted by Pusat Data Bersatu (PDB) "As vice president, his electability is also high at 14.5 percent," PDB researcher Agus Herta noted while presenting the survey results here on Friday.

Posted in Elections @ 22 February 2014 00:18 CET by Blog Bot · permalink · 0 reactions


Yudhoyono holds meeting with Sunni-Shiite reconciliation team President Susilo Bambang Yudhoyono has met with the Sunni-Shiite Reconciliation Team in Sampang on the island of Madura, East Java, on Wednesday. The informal meeting with the reconciliation team, led by Abd Ala, was the first meeting of the president on his two-day working visit to the island.

Posted in Religion @ 04 December 2013 18:00 CET by Blog Bot · permalink · 0 reactions


Indonesian economy to slow down in 2014 Indonesia's economy is expected to slow down in 2014 as a result of being impacted by various domestic and foreign factors, said market analyst Surjanto Yasaputera here on Thursday. "The BI rate hike from seven percent to 7.5 percent is one of the factors holding back foreign investors from making new investments," he stated.

Posted in Economy @ 14 November 2013 16:53 CET by Blog Bot · permalink · 0 reactions


Jakarta-Surabaya toll road plan must move forward: Minister State-owned Enterprises (SOE) Minister Dahlan Iskan said the government`s plan to build toll roads, stretching from Jakarta to Surabaya in East Java, must move forward in spite of criticism from some quarters.

Posted in Infrastructure @ 18 October 2013 23:31 CET by Blog Bot · permalink · 0 reactions


Soekarno-Hatta Airport gets clean toilet award Jakarta`s Soekarno-Hatta airport in the Tangerang district of Banten Province, has received the second prize in a clean public toilet competition organized by the Ministry of Tourism and Creative Economy, an airport official revealed.

Posted in Oddly enough ... @ 27 September 2013 18:53 CET by Blog Bot · permalink · 0 reactions


President officially opens Bali toll road President Susilo Bambang Yudhoyono officially opened the 12.7-km Bali toll road, spanning across Benoa Bay, at 4 pm local time on Monday. Apart from pressing a button to mark the official opening of the toll road, the president was the first person to pay the toll fare using the e-toll card.

Posted in General @ 23 September 2013 17:37 CET by Blog Bot · permalink · 0 reactions


Airport operator wants Merpati Nusantara to pay their bills PT Angkasa Pura I has revealed that the debt owed to them for airport charges by PT Merpati Nusantara Airline has reached Rp. 38.4 billion (US$3,84 million.) According to Bisnis.com, the head of corporate administration for PT Angkasa Pura I, Harry Budi Waluyo, said that state-owned Merpati also has debts for aeronautic services due to a number of airports managed by Angkasa Pura I and Angkasa Pura II.

Posted in Economy @ 26 August 2013 09:01 CET by Blog Bot · permalink · 0 reactions


Dahlan Iskan wants to improve democrat party State-owned Enterprises Minister Dahlan Iskan has said he wanted to improve Democrat party from its negative image if he is permitted to do so. "Democrat, a middle party, is now corrupt but it can be improved. I will improve it if I am permitted to do so," Dahlan said here on Sunday.

Posted in Politics @ 25 August 2013 14:10 CET by Blog Bot · permalink · 0 reactions


Sri Mulyani suggests remittance fee reduction to five percent World Bank Managing Director Sri Mulyani Indrawati has suggested a reduction in the remittance fee for members of the Indonesian diaspora from 15 percent to 5 percent.

Posted in Economy @ 19 August 2013 18:51 CET by Blog Bot · permalink · 0 reactions


State companies ready to build Sunda Strait bridge project Minister for State Enterprises Dahlan Iskan said two state construction companies have the capability to build the 30-kilometer bridge spanning the sea between Java and Sumatra in the Sunda Strait. The two state construction companies are ready to carry out full feasibility studies of the US$25 billion project, Dahlan said here on Tuesday.

Posted in Infrastructure @ 30 July 2013 22:35 CET by Blog Bot · permalink · 0 reactions


Pres. Yudhoyono to inaugurate hospital for workers in August President Susilo Bambang Yudhoyono is expected to inaugurate Hospital for Workers in August 2013, according to State Enterprises Minister Dahlan Iskan.

Posted in General @ 03 June 2013 18:28 CET by Blog Bot · permalink · 0 reactions


Dahlan Iskan urges Jokowi to speed up underpass construction Minister of State-Owned Enterprises Dahlan Iskan urged Jakarta Governor Joko Widodo (Jokowi) to accelerate the construction of underpasses or roads passing under railway tracks in Jakarta, Bogor, Depok, Tangerang and Bekasi (Jabodetabek).

Posted in General @ 14 May 2013 23:01 CET by Blog Bot · permalink · 0 reactions


Riau students demand gas block nationalization Dozens of students who are members of the Executive Board of Riau University`s Students, staged a protest by blocking the entrance to PT Chevron Pacific Indonesia in Rumbai complex, Pekanbaru on Tuesday.

Posted in Economy @ 07 May 2013 19:26 CET by Blog Bot · permalink · 0 reactions


Workers threaten to go on strike on August 16 President of the Indonesian Labor Union Confederation (KSPI) Said Iqbal has called on workers across the country to go on strike on August 16 unless the government meets their demand related to occupational social security programs.

Posted in Protests @ 01 May 2013 20:20 CET by Blog Bot · permalink · 0 reactions


Minister considers state firms to manage cannabis farm State Enterprises Minister Dahlan Iskan said he was considering the possibility of state-owned enterprises to manage cannabis farmland for health affairs aimed at using the cannabis seeds for curing cancer and heart diseases.

Posted in General @ 24 April 2013 08:51 CET by Blog Bot · permalink · 0 reactions


Thousands of workers to take to streets of Jakarta Around 10 thousands of workers, grouped in the Confederation of Indonesian Workers Union (KSPI), will take to the streets of Jakarta on Wednesday to demand improvement of their fate.

Posted in Protests @ 10 April 2013 10:45 CET by Blog Bot · permalink · 0 reactions


Tropical cyclone Rusty hits East Nusa Tenggara The Meteorology and Geophysics Station of East Nusa Tenggara reported on Monday that the tropical Cyclone Rusty had reached the province and triggered strong wind in the region.

Posted in Weather @ 25 February 2013 19:12 CET by Blog Bot · permalink · 0 reactions


Consortium of state-owned companies to build monorail Five state-owned companies would cooperate to build a monorail in the Jakarta region to ease traffic congestion in the capital city, State Enterprises Minister Dahlan Iskan said here on Thursday.

Posted in Economy @ 07 February 2013 22:53 CET by Blog Bot · permalink · 17 reactions


Workers stage rally against electricity tariff hike Hundreds of workers staged a rally here on Wednesday to protest against an electricity tariff increase which they said may lead companies to postpone minimum provincial wage hikes.

Posted in Protests @ 16 January 2013 21:25 CET by Blog Bot · permalink · 0 reactions


President calls for electric-powered public transport President Susilo Bambang Yudhoyono has called for the development of electric-powered public transport to improve the nation`s transportation system, according to Research and Technology Minister Gusti Muhammad Hatta.

Posted in General @ 03 January 2013 17:34 CET by Blog Bot · permalink · 0 reactions


Dahlan and Jokowi to build low cost apartments in slum areas Minister for State Enterprises Dahlan Iskan said state construction companies will cooperate in building six low cost apartment tower in slum areas of Marunda, area of state owned bonded zone operator PT Kawasan Berikat Nusantara (KBN) and Klender.

Posted in General @ 28 November 2012 15:40 CET by Blog Bot · permalink · 0 reactions


Survey: 'Most Indonesians agree to have nuclear power plant' A latest survey shows that the majority of Indonesians agree with plan to develop nuclear energy to better guarantee power supply in the country.

Posted in Power supply @ 23 November 2012 16:32 CET by Blog Bot · permalink · 3 reactions


No plan to report alleged extortionists to KPK: Dahlan Minister for State Enterprises Dahlan Iskan said he has no plan yet to report lawmakers he accused of extorting or seeking to extort money from state companies to the Corruption Eradication Commission (KPK).

Posted in General @ 21 November 2012 12:20 CET by Blog Bot · permalink · 0 reactions


Ethics council question company directors over extortion The House of Representatives` Ethics Council said several state-owned company directors had confirmed some lawmakers had asked for fees in connection with the disbursement of state capital injected in their companies.

Posted in General @ 20 November 2012 22:32 CET by Blog Bot · permalink · 0 reactions


Balinese to refrain from joining transmigration projects Suarapembaruan.com reports that effective immediately the municipal government of Bali’s capital city of Denpasar will no longer allow its residents to participate in transmigration programs organized by the central government.

Posted in General @ 17 November 2012 07:01 CET by Blog Bot · permalink · 0 reactions


Media leaders seek direct clarification from Dahlan A number of mass media leaders met with state enterprises minister Dahlan Iskan to seek clarification directly from him regarding his clash with the House of Representatives (DPR).

Posted in Oddly enough ... @ 08 November 2012 21:56 CET by Blog Bot · permalink · 0 reactions


Legislator denies extorting state-owned company Member of the House of Representatives` (DPR) Commission XI Sumaryoto has denied that he has extorted state-owned PT Merpati Nusantara Airlines.

Posted in Corruption @ 06 November 2012 18:44 CET by Blog Bot · permalink · 0 reactions


Dahlan said he was not afraid State Enterprises Minister Dahlan Iskan said that he was not afraid and would tell more names of legislators that have allegedly extorted state-owned companies. "Tomorrow I will submit more names and cases in writing to the House of Representatives` (DPR) Ethics Council (BK)," he said here on Tuesday after a ministry leadership meeting.

Posted in Politics @ 06 November 2012 14:50 CET by Blog Bot · permalink · 0 reactions


Dahlan warned against being too outspoken Outspoken minister for state enterprises Dahlan Iskan, who triggered an uproar by saying lawmakers seeking to extort money from state companies has been warned to be more cautious in making statements.

Posted in Corruption @ 05 November 2012 17:13 CET by Blog Bot · permalink · 0 reactions


Pindad: 'Military`s demand for ammunition increasing' The Indonesian Defence Forces` demand for ammunition has tripled this year, according to Adik Avianto, the president director of state-owned ammunition company Pindad.

Posted in Military @ 31 October 2012 20:28 CET by Blog Bot · permalink · 0 reactions


Minister: 'Many fictitious official trips in state-owned enterprises' State Enterprises Minister Dahlan Iskan has stated that corruption in the form of fictitious official trips is quite common in state-owned enterprises.

Posted in Corruption @ 16 October 2012 18:31 CET by Blog Bot · permalink · 0 reactions


President: 'Poverty reduction must be top priority' President Susilo Bambang Yudhoyono has stated that the reduction of poverty in the country must be the next government`s top priority.

Posted in Economy @ 11 October 2012 14:02 CET by Blog Bot · permalink · 0 reactions


Dahlan, Jokowi to team up to build Jakarta's underpasses Minister for State Enterprises Dahlan Iskan said he would team up with Jakarta Governor elect Joko Widodo to build underpasses at 24 railway crossroads in the city.

Posted in Politics @ 21 September 2012 19:40 CET by Blog Bot · permalink · 0 reactions


Minister Dahlan Iskan hospitalized in Singapore due to fatigue State Enterprises Minister Dahlan Iskan has been hospitalized at a hospital in Singapore since Sunday (September 9), after he complained of fatigue.

Posted in Politics @ 11 September 2012 13:53 CET by Blog Bot · permalink · 0 reactions


Dahlan to continue his monorail project State enterprises minister Dahlan Iskan said here on Thursday he would continue with Adhi Karya`s plan to build a 13-km long monorail network in Jakarta although governor Fauzi Bowo has said it is already outdated.

Posted in Economy @ 23 August 2012 20:12 CET by Blog Bot · permalink · 0 reactions


Minister seeks explanation from Telkom on satellite loss State Enterprises Minister Dahlan Iskan will soon hold a meeting with PT Telekomunikasi Indonesia`s board of directors to discuss the loss of Telkom-3 satellite.

Posted in Accidents @ 08 August 2012 21:42 CET by Blog Bot · permalink · 0 reactions


New Merpati president starts company clean-up The newly installed president director of the troubled State airline Merpati Nusantara is complaining openly of “rampant corruption” permeating the state-owned carrier.

Posted in Corruption @ 25 June 2012 11:35 CET by Jeroen · permalink · 0 reactions


Indonesia to have world`s longest bridge The construction of the Sunda Strait Bridge (JSS) is awaiting a feasibility study so that the building of the mega-project would be realized according to plan.

Posted in General @ 10 May 2012 14:26 CET by Blog Bot · permalink · 0 reactions


Govt to use military aircraft to carry logistics to Papua The government will deploy military and police aircraft to transport logistics to Papua since Susi Air and Trigana Air are not yet operating following a recent shooting at Mulia airport.

Posted in General @ 19 April 2012 16:19 CET by Blog Bot · permalink · 0 reactions


Minister Dahlan sits on floor with newsmen at palace State Enterprises Minister Dahlan Iskan has again surprised many as he sat on the floor while answering questions from newsmen at the presidential palace here on Thursday.

Posted in Politics @ 19 April 2012 11:39 CET by Blog Bot · permalink · 0 reactions


Former minister questioned over Merpati case Former minister for state-owned enterprises Sofyan Djalil was questioned as a de charge witness on Monday in an alleged plane-hire corruption case. Spokesman of the Attorney General`s Office Adi Toegarisman said Sofyan was questioned by AGO investigators as a mitigating witness for Hotasi Nababan.

Posted in Corruption @ 14 March 2012 14:48 CET by Blog Bot · permalink · 0 reactions


Yudhoyono hopes industrialization can be sped up President Susilo Yudhoyono has said he hoped the development of the steel industries could help speed up overall industrialization in Indonesia.

Posted in Economy @ 01 March 2012 09:43 CET by Blog Bot · permalink · 0 reactions


Garuda Indonesia workers mulling strike PT Garuda Indonesia workers are considering to go on strike because of mounting resentment at and dissatisfaction about the management`s actions and attitudes in matters related to their interests.

Posted in Garuda Indonesia @ 02 February 2012 14:36 CET by Blog Bot · permalink · 0 reactions


House to decide subsidized fuel cut next week The House of Representatives (DPR)`s Commission VII on energy affairs will decide next week its attitude regarding the government`s plan to limit subsidized fuel oil consumption beginning on April 1, 2012.

Posted in Economy @ 17 January 2012 02:31 CET by Blog Bot · permalink · 0 reactions


President Yudhoyono makes working visit to Cilacap President Susilo Bambang Yudhoyono left Gambir station by special train at 6.15 on Wednesday morning for a two-day working visit to Cilacap, Central Java. The president this time left for Cilacap without the company of First Lady Ani Yudhoyono who was still sick at Gatot Subroto hospital.

Posted in Polio @ 28 December 2011 13:16 CET by Blog Bot · permalink · 0 reactions


First Bali toll road project to start in two weeks The toll way connecting Benoa Harbor and Nusa Dua is scheduled to commence construction on December 21, 2011, with the project expected to be completed within 12 months thereafter.

Posted in Economy @ 04 December 2011 13:18 CET by Jeroen · permalink · 0 reactions


Merpati Nusantara in need of cash injection Indonesian state-owned airliner Merpati Nusantara is in need of a cash injection from the Indonesian government of Rp. 560 billion, some 46.2 million euro.

Posted in Travel @ 19 May 2011 10:52 CET by Jeroen · permalink · 0 reactions


ASEAN members agree on manpower management cooperation Members of the Association of Southeast Asian Nations (ASEAN), in an effort to battle the global economic crisis agreed to cooperate on manpower management,

Posted in Economy @ 11 May 2011 01:54 CET by Blog Bot · permalink · 0 reactions


Indonesia to invest 200 billion dollars in 14 years Indonesian President Susilo Bambang Yudhoyono on Monday announced that the country is planning a $200-billion investment in the next 14 years to advance economic development.

Posted in Economy @ 18 April 2011 15:03 CET by Blog Bot · permalink · 0 reactions


Construction of Bali toll road in just 9 months? The Ministry for State-Owned Enterprises (BUMN) is targeting the commencement of construction of the Serangan - Tanjung Benoa Toll way for April 2011, projecting that the road can be completed in only seven months if the project is not delayed by land acquisition issues.

Posted in Economy @ 09 March 2011 05:33 CET by Jeroen · permalink · 0 reactions


Ruling party invites opposition Gerindra to join coalition Indonesia's ruling Democrat Party on Thursday invited the opposition Gerindra party to join the government coalition, the Antara news agency reported.

Posted in Politics @ 03 March 2011 21:38 CET by Blog Bot · permalink · 0 reactions


Yudhoyono blasts Jakarta governor Fauzi for failing Jakarta President Susilo Bambang Yudhoyono is publicly criticizing Jakarta Governor Fauzi Bowo for failing to make good on his campaign pledges, calling them "empty promises". In his opening remarks at an official meeting with ministers, non-ministerial officials and heads of state-owned enterprises, was also attended by Fauzi, Yudhoyono said he was fed up with the unrealized promises made by politicians.

Posted in Politics @ 23 February 2011 00:31 CET by Jeroen · permalink · 0 reactions


Jamsostek readies to purchase Garuda Indonesia shares Indonesia's PT Jaminan Sosial Tenaga Kerja (Jamsostek) on Wednesday announced that it is pushing to buy 7.5 percent of state-owned airline Garuda Indonesia's stock during its upcoming initial public offering.

Posted in Economy @ 20 January 2011 04:15 CET by Blog Bot · permalink · 0 reactions


Indonesian government vows to tackle corruption in 2011 The Indonesian government has vowed to tackle corruption in 2011 as accorded in a meeting with the Corruption Eradication Commission (KPK), the Jakarta Post reported on Saturday.

Posted in Corruption @ 25 December 2010 14:24 CET by Blog Bot · permalink · 0 reactions


More than 30 million trees planted nationwide Over 30 million trees have been planted nationwide so far under the one-billion-tree planting program which is to run until 2013, a senior forestry official said. "We are convinced we will meet the set target in 2013," Director General for Forest and Land Rehabilitation Indri Astuti said Saturday.

Posted in Environment @ 14 June 2010 03:05 CET by Jeroen · permalink · 0 reactions


Garuda to go public within a matter of months The Indonesian government has confirmed that the national airline PT Garuda Indonesia will offer up to 25% of its shares via an initial public offering scheduled for Q2 of 2010. To this end, an underwriter has been appointed by Garuda.

Posted in Garuda Indonesia @ 21 January 2010 06:16 CET by Jeroen · permalink · 0 reactions


2nd United Indonesia Cabinet unveiled President Susilo Bambang Yudhoyono has announced his second United Indonesia Cabinet last evening. There are 34 ministers, most of them are politicians from his coalition parties. Six ministers were from his own Democratic Party, including the important minister of Energy and Mineral Resources.

Posted in Politics @ 22 October 2009 02:41 CET by Jeroen · permalink · 0 reactions


Bank Mandiri to buy 11% stake in Garuda Indonesia Bank Mandiri, the biggest lender in Indonesia, has announced that it will take an 11 percent stake in now state-owned Garuda Indonesia. All parties involved agreed on this share for Bank Mandiri. Under the plan, Mandiri will convert 100 million dollar of the bond debt into equity. The buy values Garuda Indonesia around 910 million dollar (635 million euro).

Posted in Garuda Indonesia @ 29 August 2009 13:15 CET by Jeroen · permalink · 0 reactions


Thailand, Indonesia to launch bilateral trade agreement Commerce ministers of Thailand and Indonesia Saturday hold a meeting, agreeing to launch a bilateral trade agreement on economic cooperation, according to news release from the Thai Ministry of Commerce. Porntiva Nagasai, Thai Minister of Commerce, and Mari Elga Pangestu, Indonesian Minister of Commerce, met on the sideline of the 14th Association of Southeast Asian Nations (ASEAN) Summit which opened here on Saturday.

Posted in Economy @ 28 February 2009 05:25 CET by Jeroen · permalink · 0 reactions


A deserted Kuta in November I have to admit, it is somewhere far outside any holiday season in the middle of November, maybe that will help create the almost deserted Kuta around this time of year. It was a short trip of about one hour from the beating cultural and religious heart of Bali, Ubud. With a virtually blue sky I left the spiritual village on a rented Mio (scooter), heading for the hot lowlands and crowds of Southern Bali. That crowd was a relative thing here, but seen from Ubud almost everything in the outside world looks crowded.

Posted in Travel @ 25 November 2008 00:00 CET by Jeroen · permalink · 0 reactions


Indonesia adopts measures to boost Rupiah Indonesia has obligated state-own firms to place their U.S. dollars in the country and speed up the implementation of project funded by donors, Coordinating Minister for Economy Sri Mulyani Indrawati told a press briefing on Tuesday evening after a sudden cabinet meeting. The measure was aimed at boosting Rupiah value which has been declining against the U.S. dollars due to the impact of global financial turmoil.

Posted in Economy @ 29 October 2008 09:26 CET by Jeroen · permalink · 0 reactions


Indonesia lowers 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 market. But they cautioned that further reforms are needed, particularly in labour regulations and the legal sector, to improve the investment climate.

Posted in General @ 03 September 2008 03:25 CET by Jeroen · permalink · 0 reactions


Balinese looking to take more money from tourists Efforts by Bali's provincial House of Representatives to impose a "donation" on tourists passing through Bali's Ngurah Rai Airport has been strongly rejected by Jakarta who saw the imposition of an additional financial burden on Bali's tourists as unacceptable.

Posted in Tourism @ 08 March 2008 09:29 CET by Jeroen · permalink · 3 reactions


Indonesia to privatize 37 state-owned companies in 2008 The Indonesian government Monday submitted a list of 37 state-owned enterprises (SOEs) for its privatization drive this year to the House of Representatives. "There are 37 SOEs that we propose for the 2008 restructuring program," said Minister for State-owned Enterprises Affairs Sofjan Djalil. "But we have yet to get a final say from the privatization committee. We plan to hold a meeting with the committee this week regarding the 37 SOEs," he said during a hearing with the House commission four overseeing SOEs.

Posted in Economy @ 23 January 2008 04:21 CET by Jeroen · permalink · 0 reactions


Indonesia also scraps import duty on soybeans The Indonesian government has removed the ten percent import tax on soybean effective from today and is studying more measures to deal with the rising price of the commodity in global markets, an official said Monday. The tax could be re-imposed if the price of soybean falls, said Bayu Krisnamurti, Deputy Coordinating Minister for Economic Affairs.

Posted in Economy @ 22 January 2008 06:54 CET by Jeroen · permalink · 0 reactions


Indonesia to provide phone links to all villages by end 2008 The government is preparing telephone links to all villages in the country by the end of 2008, told Minister of Communication Muhammad Nuh on Tuesday. Some 38,000 villages - over half of the total of 70,000 - still don't have telephone links according to the minister during a lunch with foreign reporters. "We start with 18,000 villages for 2007 and the rest, 20,000, in 2008," he said.

Posted in General @ 31 July 2007 13:18 CET by Jeroen · permalink · 0 reactions


Indonesia plans to privatize more state firms The government is planning to add several more state-owned companies, BUMN, SOEs) to the program for privatization this year in a bid to raise more cash to fill up the budget deficit, according to an official. "We will identify the SOEs that are ready to go public this year while taking a look at the market conditions," said State Minister for State Enterprises Sofyan Djalil. "If it is feasible, we'll ask for more divestment approvals from the House of Representatives."

Posted in General @ 15 May 2007 11:16 CET by Jeroen · permalink · 0 reactions


President announces cabinet reshuffle President Susilo Bambang Yudhoyono announced a cabinet reshuffle for six positions of ministers, while Attorney General Abdurahman Saleh was replaced by Hendarman Supandji, chairman of the Corruption Eradication Team. The President said that under his authority he conducted the reshuffle in an effort to improve the performance of the cabinet.

Posted in Politics @ 07 May 2007 11:37 CET by Jeroen · permalink · 0 reactions


Over 18 million micro-businesses in Indonesia Indonesia has almost 19 million micro-businesses which are good for a total of 83.2 percent of the total number of enterprises in Indonesia. This is the conclusion of a census conducted by the Central Bureau of Statistics (BPS) held in 2006. There were almost 3.6 million small businesses (15.8 percent), 153,000 medium-scale businesses (0.7 percent) and just over 44.000 large businesses (0.2 percent) according to Nursinah Amal Urai, a director at BPS.

Posted in Economy @ 06 May 2007 10:09 CET by Jeroen · permalink · 0 reactions


Yudhoyono asks state-owned enterprises to compete President Susilo Bambang Yudhoyono asked the state-owned enterprises (BUMN) to improve their competitiveness so that goods and services produced will be cheaper, faster and have better quality. “BUMN must be capable of competing with national, foreign and multinational companies,” he said during the opening speech of the State-Owned Enterprises Forum at the Jakarta Convention Center.

Posted in Economy @ 14 April 2007 03:33 CET by Jeroen · permalink · 0 reactions


Situation report: Floods Jakarta, Bekasi, Tangerang and Banten The UN HC/RC Office in Indonesia based on information provided by the National Coordinating Board for the Management of Disaster (BAKORNAS PB), the Provincial Coordinating Unit for the Management of Disaster (SATKORLAK PB) Jakarta, the Indonesian Red Cross (PMI), the Meteorology and Geophysics Agency (BMG), and media reports has prepared this report.

Posted in Flooding @ 09 February 2007 01:55 CET by Jeroen · permalink · 0 reactions


Indonesia works hard to achieve food self-sufficiency The Indonesian government is making efforts by setting up PT. Pangan Energi Nusantara (PEN) to enable the country to become self-sufficient in food, especially in rice, as well as to empower its farmers' economy. "The plan is based on a strong will to improve the country's food resilience by empowering the farmers' economy," Antara news agency quoted State Enterprises Minister Sugiarto as saying on Saturday.

Posted in Economy @ 07 January 2007 12:56 CET by Jeroen · permalink · 0 reactions


Indonesia, Malaysia push a biofuels cartel With the world increasingly hungry for alternatives to crude oil, two Southeast Asian nations plan a way to control prices. Just at the time the administration of US President George W Bush is being urged by a group of leading US business executives and senior military officers to act decisively to break America’s dependence on oil and the EU is seeking alternative energy sources, Malaysia and Indonesia are seeking to create a an Opec-style cartel on one of the alternatives – palm oil, used for biofuels.

Posted in General @ 15 December 2006 03:42 CET by Jeroen · permalink · 0 reactions


Indonesia: '100 percent ownership for private sector' Indonesian Transportation Minister Hatta Rajasa assured investors Wednesday that private firms -- both local and foreign -- would still be allowed to own up to 100 percent of infrastructure projects despite the upcoming amendment of the existing transportation legislation. "I can assure you that there will be no change to the 100 percent private-sector ownership principle in transportation-sector projects," Hatta told the press yesterday (Nov 1) after addressing a discussion held in conjunction with the "Indonesia Infrastructure Conference and Exhibition 2006".

Posted in Economy @ 03 November 2006 03:38 CET by Jeroen · permalink · 0 reactions


Trials and travails of Indonesia's richest man Publicity-shy paper and plantation magnate Sukanto Tanoto is in Indonesia's national headlines after topping two high-profile lists. Forbes Asia last month listed the 56-year-old tycoon as the richest individual in Indonesia, with assets worth about US$2.8 billion (Rp25.2 trillion). In June, the self-made ethnic-Chinese tycoon also topped a list of state-owned Bank Mandiri's six biggest debtors.

Posted in General @ 15 October 2006 00:00 CET by Jeroen · permalink · 0 reactions


Indonesia plans massive land reforms The Indonesian government plans to launch a massive land reform campaign that will be completed before 2009, a newspaper reported Saturday. The government expects to distribute between three million and four million hectares of land to landless farmers throughout the country as part the national campaign.

Posted in General @ 14 October 2006 13:36 CET by Jeroen · permalink · 0 reactions


Indonesia’s super-rich in one list by Forbes Asia Forty names were crowned by Forbes Asia magazine as the richest in Indonesia. Three of them joined the list at the end of the economic and financial crises. They are Trihatma Kusuma Haliman (Agung Podomoro), Eddy William Katuari (Wings Group), and Arifin Panigoro (Medco Energi). What are their business secrets? Here is Tempo’s report.

Posted in Economy @ 01 October 2006 10:34 CET by Jeroen · permalink · 5 reactions


Indonesia to sell up to 10 state firms The Indonesian government is likely to sell up to 10 state-owned enterprises next year in its major privatization drive, which seeks to cut state losses from inefficient and subsidy-reliant state firms, an official said Monday. The government has named six to 10 companies ready for privatization next year. "We are awaiting a presidential decree on the establishment of the privatization team," said Said Didu, secretary for the minister for state-owned enterprises.

Posted in Economy @ 26 September 2006 11:02 CET by Jeroen · permalink · 0 reactions


Australia to provide more fund for quake victims Australia plans to provide 21 million U.S. dollars to support the rehabilitation and reconstruction in earthquake-devastated areas of Yogyakarta province over the next three to four years, local media reported on Saturday.

Posted in Earthquake @ 16 July 2006 15:38 CET by Jeroen · permalink · 0 reactions


New policy package on financial sector issued The government and Bank Indonesia (BI) have signed a joint decree to improve coordination between fiscal and monetary authorities and help reform financial markets. Announcing the package Wednesday, Coordinating Minister for the Economy Boediono said it was expected to accelerate reforms in the banking sector, non-bank financial institutions and in capital markets. It would also enhance businesses' access to capital, he said.

Posted in Economy @ 06 July 2006 14:53 CET by Jeroen · permalink · 0 reactions


Press Council: Playboy broke 'Code of ethics' Indonesia's Press Council has ruled that the publishers of Playboy Indonesia broke the organization's "journalistic code of ethics" through the distribution of its first issue earlier this month. That violation hinged on Playboy Indonesia's failure to ensure the men's lifestyle magazine wouldn't be sold to children and adolescents, a statement posted on the Press Council's Web site late Friday said.

Posted in Media @ 24 April 2006 17:29 CET by Jeroen · permalink · 20 reactions


Govt to name Soemarno to lead Pertamina, replacing Purnama Indonesia will today promote PT Pertamina's marketing head, Ari Soemarno, to be president of the state-owned oil company, officials said. Soemarno will become Pertamina's third president in five years, replacing Widya Purnama, who has held the post since August 2004, said an official at the state enterprises ministry in Jakarta today. Soemarno will be appointed at a ceremony later today, he said. Iin Arifin Takhyan, director general of oil and gas at the energy ministry, will become vice president, said the officials, who asked not to be identified.

Posted in Economy @ 08 March 2006 07:50 CET by Jeroen · permalink · 0 reactions


200 BUMN officials probed over graft At least 200 officials at state-owned companies (BUMNs) are being investigated for their alleged involvement in graft and abuse of authority, State Minister for State Enterprises Sugiharto said Saturday. Sugiharto said several of the officials being questioned had officially been named suspects, but he declined to give their names at this early point in the investigation.

Posted in Economy @ 06 February 2006 07:14 CET by Jeroen · permalink · 0 reactions


Garuda Indonesia narrows loss for 2005 Struggling Garuda Indonesia said its losses narrowed in 2005 due to improved cost efficiencies but earnings were hard-hit by bombings on Bali and high oil prices. The flag carrier's losses declined by 17.14 percent to Rp 672 billion (US$71.60 million) in 2005, its president Emirsyah Satar told a parliamentary commission. The already-ailing flag carrier has been hit hard by plunging arrivals on the Indonesian resort island of Bali after a triple suicide bombing there in October, as well as historically high oil prices.

Posted in Garuda Indonesia @ 23 January 2006 08:52 CET by Jeroen · permalink · 8 reactions


SIA, Lufthansa, KLM, THAI consider partnership with Garuda Singapore Airlines, Lufthansa, KLM Royal Dutch Airlines and Thai Airways International Airlines expressed interest in forming a strategic partnership with PT Garuda Indonesia, which may include injecting funds into the ailing national flag carrier, an official at the office of the Indonesian State Minister for State Enterprises said.

Posted in Garuda Indonesia @ 06 January 2006 13:00 CET by Jeroen · permalink · 13 reactions


Report: Indonesia plans to sell national airline Reports from Indonesia say the government is planning to sell its struggling state airline, Garuda. Kompas newspaper has quoted the minister for state enterprises, Sugiharto, as saying that Garuda is planning an initial public offering in 2009. However, he added the process may be sped up so that investors can enter as early as next year.

Posted in Economy @ 30 December 2005 07:15 CET by Jeroen · permalink · 0 reactions


Indonesia plane seller insists on cash, not barter The managing director of the Indonesian aircraft firm involved in a sale to Thailand has directly contradicted Thai government claims it will take 300,000 tonnes of Thai rice for the sale - and insists the deal will involve cash.

Posted in Economy @ 22 December 2005 07:06 CET by Jeroen · permalink · 0 reactions


Property for foreigners Property analysts and developers share the same pessimistic projection that demand for all kinds of property will decline as the central bank continues to raise interest rates to cope with strong inflationary pressures and with a four-year low in consumer confidence.

Posted in General @ 30 November 2005 00:00 CET by Jeroen · permalink · 0 reactions
    
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