blog.indahnesia.com - Discover Indonesia Online

    
You are currently in > Just a blog about Indonesia > Search blog.indahnesia.com


You can search the blog with our simple search below, or use the extended functions of the Google search engine to search for blog articles you are looking for.

Search for:
Search in: title
text
Match all:





Indonesia expects coffee exports to reach US$1.4 billion Indonesia expects its coffee exports to increase to US$1.4 billion until the end of this year although exports were recorded at only US$333 million in the first semester.

Posted in Economy @ 14 August 2014 19:07 CET by Blog Bot · permalink · 0 reactions


BI: economic slowdown in Q2 in line with stabilization scheme Indonesias economic slowdown in the second quarter of this year was in line with macro-economic stability policy adopted by the government and Bank Indonesia aimed especially to control inflation and current account deficit, the central bank said.

Posted in Economy @ 06 August 2014 10:09 CET by Blog Bot · permalink · 0 reactions


Bank Indonesia revises down economic growth target Bank Indonesia (BI) revised down its prediction of economic growth in 2014, from its initial 5.5-5.9 percent to 5.1-5.5 percent. "The factor that had made us revise the economic growth target down is the revision of export performance," BI governor Agus Martowardojo said at a press conference here on Thursday.

Posted in Economy @ 08 May 2014 21:23 CET by Blog Bot · permalink · 0 reactions


Indonesia's economy predicted to grow 5.8 percent in Q1 Finance minister Chatib Basri had predicted Indonesia's economy grew 5.7 to 5.8 percent in the first quarter of 2014, primarily due to consumer spending. The minister said here on Monday consumer spending was expected to rise in March, although the impact had not been felt as of now.

Posted in Economy @ 07 April 2014 20:32 CET by Blog Bot · permalink · 0 reactions


Netherlands asked to resolve palm oil export problems Indonesian Vice President Boediono has urged Netherlands Prime Minister Mark Rutte to resolve obstacles in Indonesias palm oil exports. "Palm oil is a very important and sustainable industry in Indonesia. We hope that palm oil exports will increase again," Boediono said during Prime Minister Ruttes official visit at the Vice Presidential Palace here on Friday.

Posted in Economy @ 22 November 2013 17:11 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


Yudhoyono opens APEC summit, stressing its important role Indonesia`s President Susilo Bambang Yudhoyono formally opened the Asia Pacific Economic Cooperation (APEC) summit here on Monday, underlining the forum`s increasing role in ensuring regional economic growth.

Posted in Politics @ 07 October 2013 22:43 CET by Blog Bot · permalink · 0 reactions


Decline of rupiah test for Bali tourist industry The rapid decline in the value of the Indonesian Rupiah against the U.S. Dollar and a host of other currencies is presenting a myriad of challenges to Bali and its tourism industry.

Posted in Economy @ 02 September 2013 08:01 CET by Blog Bot · permalink · 0 reactions


KPK : 'Losses worth Rp6.7 trillion to state in minerals sector' The Corruption Eradication Commission (KPK) said it has found losses to the state worth Rp6.7 trillion in the minerals and coal sector over the past nine years. The losses were in non tax revenues including royalty and fixed fee in the period of 2003-2011, KPK Deputy Chairman Busyro Muqoddas said here on Thursday.

Posted in Corruption @ 29 August 2013 23:03 CET by Blog Bot · permalink · 0 reactions


Government to boost economic growth to six percent The Indonesian government is keen to boost economic growth to six percent amid the global economic meltdown, said Finance Minister Chatib Basri.

Posted in Economy @ 12 August 2013 16:16 CET by Blog Bot · permalink · 0 reactions


Almost four million Indonesians live on palm oil About 3.7 million people in Indonesia live on oil palm plantations, a senior agriculture ministry said. Speaking to a seminar at Santika Hotel here on Friday, Secretary of the Directorate General of Agriculture Mukti Sardjono said that oil palm played an important role in providing income for the people.

Posted in Economy @ 30 March 2013 18:02 CET by Blog Bot · permalink · 0 reactions


Indonesia has opportunities to strengthen domestic industries Indonesia still has a lot of opportunities to strengthen its industries due to continuing investment growth, a presidential aide said.

Posted in Economy @ 02 August 2012 14:55 CET by Blog Bot · permalink · 0 reactions


Indonesia's economy grows 6.3 pct in Q1 Indonesia`s economy has grown 6.3 percent year-on-year (YOY) in the first quarter of this year, according to the National Statistics Agency (BPS). "Compared to the fourth quarter of 2011, in terms of GDP, it has grown 1.4 percent," BPS chief Suryamin said here on Monday.

Posted in Economy @ 07 May 2012 13:44 CET by Blog Bot · permalink · 0 reactions


Indonesia to lower economic growth target Indonesia will revise downward its growth target for the 2012 budget from 6.7 percent to 6.5 percent, Finance Minister Agus Martowardojo has said.

Posted in Economy @ 07 March 2012 14:16 CET by Blog Bot · permalink · 0 reactions


Indonesia finds agreement over minimum wage for Bekasi The government has found a settlement over the dispute on minimum wage for Bekasi district that has caused a huge demonstration and blockade of a key toll road to and from Jakarta recently.

Posted in Economy @ 29 January 2012 01:22 CET by Blog Bot · permalink · 0 reactions


Indonesia's halal food exports increasing Export of halal Indonesian food commodities to many Muslim and non-Muslim countries such as Japan, China and Singapore has increased. According to Trade Ministry data, halal Indonesian food exports to Japan was up 25 percent, to China and Singapore 23 percent higher.

Posted in Religion @ 18 January 2012 00:52 CET by Blog Bot · permalink · 0 reactions


Indonesia's foreign investment to surpass $19 billion in 2012 Foreign investment in Indonesia is projected to reach more than $19 billion this year, local media quoted Bank Indonesia officials as saying on Saturday.

Posted in Economy @ 14 January 2012 19:58 CET by Blog Bot · permalink · 0 reactions


Boeing and Indonesia's Lion Air sign 230 aircraft deal U.S. aircraft manufacturer Boeing and Jakarta-based Lion Air on Friday signed a provisional order for at least 230 aircraft in a deal valued at approximately $21.7 billion per list prices. U.S. President Barack Obama witnessed the signing.

Posted in Economy @ 18 November 2011 09:50 CET by Blog Bot · permalink · 6 reactions


Indonesia forecasts 18 percent growth rate in 2012 exports The government of Indonesia on Thursday said it estimates its exports in 2012 will increase by at least 18 percent, despite a negative outlook in global markets.

Posted in Economy @ 19 August 2011 00:21 CET by Blog Bot · permalink · 0 reactions


Australia lifts ban on cattle trade with Indonesia Australian Agriculture Minister Joe Ludwig on Wednesday announced that the ban on cattle trade with Indonesia was lifted and new requirements for exporters were set, Australia's Daily Telegraph newspaper reported.

Posted in Economy @ 06 July 2011 19:26 CET by Blog Bot · permalink · 0 reactions


Indonesia's trade surplus declines third straight month Indonesia's exports reached $16.52 billion and imports reached $14.89 in April, resulting in a surplus of $1.53 billion, the country's Central Statistics Agency (BPS) said Thursday.

Posted in Economy @ 03 June 2011 00:07 CET by Blog Bot · permalink · 0 reactions


Ministry: Indonesia to lead ASEAN's economic growth in 2012' Indonesia's 2012 economic growth is expected to top the Association of Southeast Asian Nations's (ASEAN) member states, Indonesia's Finance Ministry said Tuesday.

Posted in Economy @ 01 June 2011 01:00 CET by Blog Bot · permalink · 0 reactions


Aussie suspend cattle exports over slaughterhouse cruelty The Australian livestock export industry on Monday said it would be suspending the supply of live cattle to three Indonesian slaughterhouses, after a documentary broadcast on national TV showed extreme animal cruelty.

Posted in Crime @ 30 May 2011 23:55 CET by Blog Bot · permalink · 0 reactions


Indonesia to host 2012 D-8 ministerial meeting Indonesia on Wednesday was appointed as host of the third Developing-8 (D-8) Ministerial Meeting, which is scheduled to take place in 2012.

Posted in Politics @ 18 May 2011 16:07 CET by Blog Bot · permalink · 0 reactions


China-Indonesia trade could reach $50 billion this year Bilateral trade between China and Indonesia is expected to reach $50 billion this year, in the non-oil/non-gas sector, officials said Friday.

Posted in Economy @ 14 May 2011 02:08 CET by Blog Bot · permalink · 1 reaction


Indonesia's exports decrease 14 percent in January Indonesia's exports dropped 14 percent in the month of January, the country's Central Statistics Agency (BPS) said Tuesday.

Posted in Economy @ 02 March 2011 04:24 CET by Blog Bot · permalink · 0 reactions


Indonesia's economic growth in Q1 could reach 6.5 percent Indonesia's Finance Ministry on Thursday announced that the country's economic growth in the year's first quarter could reach 6.5 percent.

Posted in Economy @ 18 February 2011 04:31 CET by Blog Bot · permalink · 0 reactions


Russia's Solway Industries to invest $3 billion in nickel plant Russia's Solway Industries will be investing $3 billion in Indonesia's North Maluku region to build a nickel smelting plant with a capacity of 150,000 tons per year, local media reported Tuesday.

Posted in Economy @ 16 February 2011 00:52 CET by Blog Bot · permalink · 0 reactions


Indonesian economy grows 6.1 percent in 2010 Indonesia's Central Statistics Agency (BPS) on Monday announced that in 2010, the country's economy grew by 6.1 percent on a year-to-year basis.

Posted in Economy @ 08 February 2011 02:58 CET by Blog Bot · permalink · 0 reactions


Indonesia exports over 2010 reached new record The head of the Indonesian Bureau of Statistics BPS, Rusman Heriawan, has said that the exports from Indonesia over 2010 reached a record high. A total of 157.73 billion dollar worth of goods and services was exported to most countries in the world. December gained the number one monthly export with 16,8 billion dollar in exports.

Posted in Economy @ 03 February 2011 13:29 CET by Jeroen · permalink · 0 reactions


Indonesia and India to begin economic cooperation talks With Indonesian President Susilo Bambang Yudhoyono's scheduled visit to India next week, the two countries are expected to begin talks in order to enter a Comprehensive Economic Cooperation Agreement (CECA), the Business Standard reported Thursday.

Posted in General @ 21 January 2011 04:16 CET by Blog Bot · permalink · 0 reactions


Indonesia claws its way to economic superpower status Indonesia is one of the "rising stars" of emerging Asia and some economists believe this vast nation will one day become a regional superpower, behind only China and India, as global economic activity increasingly shifts towards east Asia, away from the faltering developed nations of the west and Japan.

Posted in Economy @ 03 October 2010 03:29 CET by Jeroen · permalink · 0 reactions


Exports from Indonesia come crashing down Indonesian exports have seen a big decrease during 2009 because of the worldwide economic crisis. Indonesian exports grew 17.7% between 2005 and 2008, higher than the 10% growth worldwide in that same period. It is expected that exports will drop some 20% this year, with exports outside the gas and oil sector decreasing 10 to 15%.

Posted in Economy @ 31 October 2009 00:20 CET by Jeroen · permalink · 0 reactions


Indonesian exports down 23 percent in April Indonesian exports in April fell 22.5 per cent from the same month a year ago to 8.46 billion dollars, the Central Bureau of Statistics said Monday. Indonesia, South-East Asia's largest economy, had a trade surplus of 2.08 billion dollars in April because its imports dropped 45 per cent to 6.38 billion dollars, the bureau said.

Posted in Economy @ 02 June 2009 08:03 CET by Jeroen · permalink · 0 reactions


Indonesia cuts key interest rate by 25 basis points The Indonesian central bank (Bank Indonesia) Tuesday reduced benchmark rate by 25 basis points to 7.25 percent, a Bank Indonesia senior official said. "The decision to reduce the benchmark rate was made after the governor board learned about the ongoing economic developments in both the domestic and international market," said Strategic Planning and Public Relations Director at Bank Indonesia Dyah Makhijani.

Posted in Economy @ 05 May 2009 04:12 CET by Jeroen · permalink · 0 reactions


Indonesia resource nationalism stirs before polls As Indonesia heads for elections, some politicians are taking a more nationalist line on the country's vast natural resources, a move that could scare off much-needed foreign capital amid the global credit crunch. While some industry experts see the rumblings over foreign investment as campaign trail posturing, the rhetoric highlights the risks for investors in Southeast Asia's biggest economy, particularly in its energy and mining sectors.

Posted in Elections @ 22 March 2009 06:44 CET by Jeroen · permalink · 0 reactions


Indonesia's central bank slashes interest rate by 50 basis points The Indonesian central bank on Wednesday cut its benchmark interest rate by a half percentage point to 7.75 percent to boost economic growth and reduce unemployment, the bank said in a statement. Easing inflation and the fall of overseas sales have triggered governor Boediono and his seven colleagues to reduce the rate, which is more than the expected 25 basis points.

Posted in Economy @ 05 March 2009 09:51 CET by Jeroen · permalink · 0 reactions


Indonesian exports mark biggest drop in 22 years Indonesia's exports fell 36 percent in January from a year ago, the biggest drop since 1986, amid plunging demand for the country's vast natural resources and manufactured goods, the statistic's agency reported Monday. The downward trend - which began in October - was in line with declines in exports from other nations across Asia.

Posted in Economy @ 03 March 2009 11:36 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


Indonesia to invest 6.5 billion euro on infrastructure next year Indonesia planned to raise spending on infrastructure next year to 100 trillion rupiah (some 6.5 billion euro) from this year's 60 trillion rupiah (about 3.9 billion euro) to create jobs and boost economic growth in an effort to cushion the impact of the global financial routs, the finance ministry said here Wednesday. The global economic turmoil is predicted to deepen in 2009, particularly in the first quarter, Indonesian acting Coordinating Minister for Economy Sri Muyani Indrawati said.

Posted in Economy @ 24 December 2008 11:41 CET by Jeroen · permalink · 0 reactions


Indonesia exports in October down 11.6 percent Indonesia`s exports in October 2008 dropped 11.61 percent to US$10.81 billion, according to the country`s Central Bureau of Statistics (BPS). BPS chief Rusman Heriawan said here on Monday Indonesia`s oil and gas exports dropped most drastically by 25.72 percent to US$1,808 million while non-oil and gas exports slid 8.10 percent to US$9 million from the month before.

Posted in Economy @ 02 December 2008 13:22 CET by Jeroen · permalink · 0 reactions


Indonesia must brace itself for economic recession Indonesia must face the current global economic turmoil by taking concrete and substantial steps, as the turmoil cannot be solved with conventional ways, an economic analyst Sutrisno Iwantono said. He added that Indonesia needs to take immediate steps such as diversification of export destinations, strengthening the domestic markets, as well as reinforcing the agricultural bases in rural areas, to salvage the national economy.

Posted in Economy @ 06 October 2008 07:25 CET by Jeroen · permalink · 0 reactions


Indonesia likely to cut rice imports The Indonesian government has said that it is unlikely to import rice from other countries this year because of a sufficient stock after nationwide harvests. This reduces the pressure on the tight global supplies in times of record-breaking rice prices. Prices of Thai rice - a benchmark for the market - have doubled since the start of this year mainly because of rising demand from China and African nations. Vietnam and India have already decided to curb exports to protect their own markets.

Posted in General @ 15 April 2008 12:50 CET by Jeroen · permalink · 0 reactions


Indonesia 2007 GDP expected to grow at fastest pace in 11 years The Indonesian economy is expected to have grown at its fastest pace in 2007 since the country was hit by the Asian financial crisis 11 years ago, driven mostly by private consumption. Falling interest rates, a strong financial market performance, and an increase in pay for civil servants are expected to have underpinned the recovery in purchasing power, said Destry Damayanti, an economist at Mandiri Securities.

Posted in Economy @ 14 February 2008 14:08 CET by Jeroen · permalink · 0 reactions


Indonesia's economy expands 6.5 percent The economy of Indonesia expanded at a faster pace than earlier expected with 6.5 percent growth in the third quarter compared to the same period last year. This is the strongest growth in the country since the Asian financial crisis, now ten years ago. Production in agriculture was the biggest contributor to this growth, followed by business investments, growing exports and higher consumer spending.

Posted in Economy @ 16 November 2007 14:45 CET by Jeroen · permalink · 0 reactions


Indonesia 2007 growth seen strongest in 11 years The economy of Indonesia is likely to expand 6.1 percent this year, its fastest pace in 11 years, with growth further accelerating in 2008, helped by relatively low interest rates and strong commodity exports, a poll showed. The full-year growth forecast for Southeast Asia’s biggest economy matched the estimate of a similar quarterly poll conducted in June, but analysts revised up their outlook for 2008 to 6.45 percent from 6.40 percent previously.

Posted in Economy @ 27 September 2007 13:17 CET by Jeroen · permalink · 0 reactions


Indonesia stays confident about growth in 2007 Indonesia is confident to meet its annual growth target of 6.3 percent this year due to stronger investment, higher domestic consumption and growth of exports, according to the Minister of Trade on Sunday. "At the moment, exports and investment are what is driving growth but resumption of consumer confidence especially since the last quarter of 2006 has also been important," told Mari Pangestu to reporters at a news conference in the Philippine capital.

Posted in Economy @ 26 August 2007 02:15 CET by Jeroen · permalink · 0 reactions


Indonesian economy grows fastest in more than 2 years Indonesia's economy grew at the fastest rate for over two years in the second quarter as exports rose and lower interest rates helped fuel spending and investment. The largest economy of Southeast Asia expanded 6.3 percent in the three months ending at 30 June after gaining 6.0 percent in the first quarter of the year, according to the Central Statistics Bureau BPS. Economists had expected a growth of 6.1 percent.

Posted in Economy @ 15 August 2007 12:29 CET by Jeroen · permalink · 0 reactions


Indonesia wants to ban granite exports After banning sand exports, the government is now discussing the possibility of banning granite exports as well. Minister of Foreign Affairs Hassan Wirayuda said today that the cabinet was discussing this possible ban, as was reported by The Jakarta Post. "According to a decree from the trade minister, exports of granite chips are not banned ... but discussions on the possibility of banning granite chips are taking place in the Cabinet," he said.

Posted in Politics @ 13 March 2007 10:54 CET by Jeroen · permalink · 1 reaction


Yeo: Linking Indonesian sand ban to extradition treaty unfortunate Indonesia's ban on sand exports to Singapore was one of the key concerns in Parliament on Monday. Members of Parliament were keen to find out about the impact of the ban on the construction industry and Singapore's relations with Indonesia. In his reply, Foreign Affairs Minister George Yeo said linking the sand ban to the extradition treaty being sought by Indonesia and border talks would be unfortunate and counterproductive.

Posted in General @ 13 February 2007 01:33 CET by Jeroen · permalink · 0 reactions


Indonesia withholds vital bird flu data Indonesia, the country worst hit by the deadly H5N1 bird flu virus, has stopped sharing human genetic samples of the highly pathogenic illness with foreign laboratories, raising fears it could slow international efforts to prepare for a pandemic. Officials say Indonesia stopped providing samples internationally last month, hindering efforts to confirm whether the virus killing its citizens is H5N1 and limiting production of vaccines to help prevent its spread.

Posted in Bird Flu @ 06 February 2007 00:47 CET by Jeroen · permalink · 1 reaction


Indonesia bans sand exports Indonesia has announced a ban on land sand exports. Land sand is used in the construction industry to produce cement. Singapore says it is disappointed but it believes the ban is unlikely to have a significant impact on the construction industry. Indonesia says the ban on the export of sand is due to environmental reasons and to protect Indonesia's borders.

Posted in Economy @ 25 January 2007 08:43 CET by Jeroen · permalink · 0 reactions


Indonesia may curb exports of crude palm oil Indonesia, the world's second largest palm oil grower, may curb unprocessed exports of the commodity to encourage the development of local refining, an official at the Trade Ministry said. Curbing overseas sales of crude palm oil (CPO) is among the options that will be discussed at a meeting on January 22, Agus Tjahyono, agricultural exports director, said in an interview yesterday. "There are lots of options besides taxes to discourage exports," Tjahyono said. "We can impose regulations."

Posted in Economy @ 20 January 2007 09:41 CET by Jeroen · permalink · 0 reactions


Starbucks denies coffee report, Nestle says sorry Giant multinational coffee-shop chain Starbucks denied a World Wide Fund for Nature (WWF) allegation Thursday that it purchased illegally-planted coffee in Lampung province, while Switzerland-based food producer Nestle said it regretted buying the beans. Ratih Gianda, head of investor relations for PT Mitra Adi Perkasa, Starbucks' Indonesian partner, said in a written statement sent to The Jakarta Post that the WWF report alleging that Starbucks had bought illegally-planted coffee from the Bukit Barisan Selatan National Park in southern Sumatra was inaccurate.

Posted in Environment @ 19 January 2007 10:07 CET by Jeroen · permalink · 0 reactions


Bank Indonesia predicts economic growth between 5.7 and 6.3 % Bank Indonesia predicts the country`s economy will grow between 5.7 and 6.3 percent this year while the International Monetary Fund (IMF) forecasts it will grow by six percent. "The central bank`s board of governors predicts Indonesia`s economy will grow even higher and macro-economic stability would be maintained," BI governor Burhanuddin Abdullah said here on Thursday.

Posted in Economy @ 05 January 2007 05:17 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 central bank cuts key rate to 14-month low Indonesia's central bank cut its benchmark interest rate to a 14-month low, the seventh reduction since May, to help revive consumer spending and boost investment. Bank Indonesia Governor Burhanuddin Abdullah and his fellow policy makers reduced the rate used as a reference for bill sales by half a percentage point to 9.75 percent, a move predicted by 16 of 21 economists surveyed by Bloomberg News, and indicated further cuts are likely next year.

Posted in Economy @ 08 December 2006 03:03 CET by Jeroen · permalink · 0 reactions


RI enjoyed $32 billion trade surplus until October Indonesia saw a surplus of US$32 billion in its foreign trade in the January-October 2006 period, the Central Bureau of Statistics (BPS) said on Friday. Over the period the country earned US$82.21 billion from exports, while its imports stood at US$50.21 billion, the BPS said.

Posted in Economy @ 02 December 2006 04:27 CET by Jeroen · permalink · 0 reactions


Indonesia to continue gas exports Vice President Jusuf Kalla said here on Friday Indonesia would continue exporting gas to several countries including Japan, but the export volumes still had to be determined after consideration of Indonesia`s gas consumption. "So we will continue exporting gas, but we cannot as yet the volumes," he said after Friday prayers.

Posted in Economy @ 02 December 2006 04:21 CET by Jeroen · permalink · 0 reactions


Kalla: 'Rupiah's strength is a concern' The Indonesian rupiah's strength is a concern and businesses in Southeast Asia's biggest economy may feel more comfortable if it weakened to about 9,500 against the dollar, Vice President Jusuf Kalla said.

Posted in Economy @ 24 November 2006 02:32 CET by Jeroen · permalink · 0 reactions


The hidden tragedy of West Papua "Of course the police are just as good at torturing as the army. Some of the cruder forms [include] putting a table leg onto the foot of somebody and then somebody heavily dancing on the table, which can be extremely painful. So, I mean torture is routine."

Posted in PT Freeport @ 23 November 2006 00:00 CET by Jeroen · permalink · 0 reactions


Indonesia, China lift import duty on cocoa, chili powder Indonesia and China agreed to lift import duty on cocoa and chili powder, in a bid to increase trade volume of the two countries, a leadingnewspaper reported Saturday. Indonesia will reduce import tariff on chili powder from China from ten percent to zero percent and China will decrease import duty on cocoa from Indonesia from 15 percent to zero percent, the Kompas daily report says.

Posted in Economy @ 07 October 2006 15:53 CET by Jeroen · permalink · 0 reactions


Indonesia wants to capture more suspects of illegal logging Indonesian Vice President Jusuf Kalla said here on Wednesday that he expected police can capture more suspects of illegal logging, who are now hiding in foreign countries. "We hope there will be more arrests," the Vice President said, adding that the weak law enforcement had enabled people to engage in illegal logging.

Posted in General @ 14 September 2006 12:53 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


Japan to offer Indonesia 3 patrol boats Japan's Cabinet approved on Tuesday a plan to donate three patrol boats to Indonesia to "help fight terrorism and piracy" and exempted the move from Japan's ban on arms exports. The exemption is made on conditions that the vessels are to be used in limited purposes including fighting terrorism and piracy and that they are not be transferred to a third country without Japan's consent, Chief Cabinet Secretary Shinzo Abe said in a statement, according to Kyodo News.

Posted in Politics @ 16 June 2006 07:09 CET by Jeroen · permalink · 0 reactions


Indonesia inflation edges up in May Indonesia’s annual inflation rate edged up in May on higher food prices and a weaker rupiah, underlining expectations that the central bank will hold off lowering interest rates at a policy review next week.

Posted in Economy @ 02 June 2006 07:08 CET by Jeroen · permalink · 0 reactions


Yudhoyono's popularity dips on unemployment Indonesian president Susilo Bambang Yudhoyono's job rating fell as people perceived the government isn't doing enough to create jobs and help increase household income, a Jakarta-based survey agency said. Just 37.9 percent of the people surveyed were satisfied with the Yudhoyono administration's performance in April, compared with 64.7 percent a year earlier, the Lingkaran Survey Indonesia,or LSI, said in a statement at a press briefing in Jakarta on Tuesday.

Posted in Politics @ 16 May 2006 15:32 CET by Jeroen · permalink · 0 reactions


Report: Iran to take stake in Indonesia oil refinery Iran will invest up to 30 pct of the costs of building an oil refinery in Indonesia for which it will supply crude oil, the Wall Street Journal reported. In its online edition, the newspaper cited officials as saying the National Iranian Oil Refinery and Distribution Co will build the refinery with Elnusa, a unit of Indonesia's state-owned oil company Pertamina.

Posted in Economy @ 10 May 2006 07:12 CET by Jeroen · permalink · 0 reactions


Foreign exchange reserves reaches record high Indonesia's foreign exchange reserves during the first three months of this year reached 41.1 billion U.S. dollars, a figure never recorded before, Bank Indonesia (BI) Governor Burhanuddin Abdullah said on Wednesday. "This is the highest figure ever recorded since the founding of the republic of Indonesia," Antara news agency quoted Abdulah as saying when presenting the bank's first quarter evaluation.

Posted in Economy @ 06 April 2006 07:03 CET by Jeroen · permalink · 0 reactions


Mexico and Indonesia 'will overtake British economy' MEXICO and Indonesia will both have bigger economies than the UK by 2050, according to a report out today which outlines the massive potential of the world’s emerging nations. The report examines long-term demographic trends to suggest that countries such as Mexico, Indonesia, Brazil and Turkey all have young and fast-growing populations compared with the UK and continental Europe, putting them in line for significantly higher long-term growth rates.

Posted in Economy @ 03 March 2006 13:10 CET by Jeroen · permalink · 6 reactions


Fuel imports slump as consumption declines Oil traders looking for a rebound in Indonesia’s oil demand that could resuscitate moribund diesel and gasoline markets may be in for a long wait as Indonesians have quickly learned to live with less fuel. Despite hopes for a quick recovery, consumers in Asia’s fifth-biggest oil user are burning nearly 20 percent or 200,000 barrels per day (bpd) less fuel than a year ago after the government doubled retail prices last October, industry officials say.

Posted in Economy @ 19 February 2006 10:59 CET by Jeroen · permalink · 0 reactions


Australia denies trying to take over island An Australian man says he is stunned by claims he banned locals from a remote Indonesian island where he runs a surf camp, sparking an intervention by the country's armed forces. David Wyllie, of Terrigal on the NSW Central Coast, says he was not even in Indonesia when the military said 17 soldiers landed on uninhabited Mengkudu island, where the camp is located.

Posted in Oddly enough ... @ 18 December 2005 10:15 CET by Jeroen · permalink · 7 reactions


October inflation surges to 17.9% on fuel Indonesia's inflation rate jumped to a six-year high after the government increased fuel prices, putting pressure on the central bank to raise interest rates today. Stocks and the rupiah fell. Consumer prices climbed 17.9 percent in October from a year earlier after a 9.1 percent rise in September, the Central Statistics Bureau said today in Jakarta. That's faster than the median forecast of 13.3 percent in a Bloomberg survey.

Posted in Economy @ 01 November 2005 07:01 CET by Jeroen · permalink · 0 reactions


SBY still popular despite a year of tough decisions President Susilo Bambang Yudhoyono remains a popular president, with 63 percent of Indonesians satisfied with his performance in running the country, a new survey shows. Similarly, 58 percent of the people were satisfied with Vice President Jusuf Kalla's performance, the survey released on Thursday by the Indonesian Research Institute (LSI) says.

Posted in Politics @ 07 October 2005 14:38 CET by Jeroen · permalink · 0 reactions


Subsidy cut to fuel the fire In the wake of a two-month "mini crisis" that saw the rupiah hit a four-year low of 11,750 per dollar on August 30, Jakarta has finally announced an imminent and substantial reduction in fuel subsidies. The exact date and the level of cuts have yet to be announced, though there is widespread speculation over both. Vice President Jusuf Kalla has said fuel prices may rise as early as October 1 while National Development Planning Minister Sri Mulyani Indrawati has said an increase in November would be too late to help reduce subsidies to the level of Rp89.2 trillion. She said fuel prices might increase by at least 50% in October.

Posted in General @ 27 September 2005 00:00 CET by Jeroen · permalink · 0 reactions


Record Indonesia palm oil exports expected Indonesia, the world's second-biggest exporter of palm oil, may have record exports of the commodity next year, helped by “ideal” growing conditions in key regions and a slump in the local currency, a US Government report said. Exports of palm oil, which is processed into cooking oil and margarine, and chemicals used in soap, may reach 9.6 million metric tonnes in the year ending September 2006, the Foreign Agricultural Service in Jakarta said in a report.

Posted in Economy @ 10 September 2005 10:59 CET by Jeroen · permalink · 0 reactions


Oil smuggling losses IDR8.8 tln annually Indonesia suffers annual revenue losses of IDR8.8 trillion due to illegal oil exports, National Police Chief Sutanto said Thursday. Sutanto said a total of 105 metric tons of crude oil and oil products are smuggled out of Indonesia every month to countries including China and Thailand.

Posted in Economy @ 09 September 2005 13:33 CET by Jeroen · permalink · 0 reactions


'Indonesia might raise interest rates’ Pressure is growing on the Indonesian central bank to raise interest rates and defend a battered rupiah. Worried about stifling economic growth, the Indonesian central bank has so far relied on dollar-selling and verbal intervention to stem the rupiah’s decline, suggesting as recently as last week the currency could rally to 9,000 per dollar this year because of strong economic fundamentals.

Posted in Economy @ 27 April 2005 00:01 CET by Jeroen · permalink · 0 reactions


Indonesia urged to downgrade OPEC status Indonesia should downgrade its membership in OPEC to "observer" status to reduce its financial commitment to the group, a government panel has recommended, but it was unclear whether the cartel would agree to the unprecedented move.

Posted in Politics @ 19 April 2005 00:02 CET by Jeroen · permalink · 0 reactions


Indonesia 2004 GDP +5.1%, fundamentals improve Indonesia's economy grew 5.1% in 2004 from a year earlier due to improved growth in investment and exports, the Central Statistics Bureau said Wednesday. The growth rate beat both government and analysts' predictions, suggesting the economy is on track to reach the government's 5.5% growth target this year. In the last quarter of 2004, the economy expanded 6.7% on year, although it contracted 1.6% from the July-September period due to shorter working days, the bureau said.

Posted in Economy @ 16 February 2005 00:02 CET by Jeroen · permalink · 0 reactions


Megawati says 2005 deficit to narrow Indonesia's budget deficit will fall by almost a third, President Megawati Soekarnoputri said, as the fastest economic growth in nine years boosts revenue. The government's deficit next year will probably be 16.9 trillion rupiah ($1.83 billion), or 0.8 percent of gross domestic product, Megawati said in a speech to parliament to present the 2005 draft budget. That is 31 percent less than the 24.4 trillion rupiah projected for this year.

Posted in Economy @ 16 August 2004 00:02 CET by Jeroen · permalink · 0 reactions


Indonesia to build new port in Jakarta Indonesia will build a new port in Jakarta with an investment of US$500 million (Rp4.5 trillion) using Japanese technology. Jakarta Governor Sutiyoso said Jakarta's old port, Tanjung Priok, has not been expanded after 150 years in operation and is no longer efficient. The new port, called Jakarta New Port, will facilitate exports and imports via Jakarta, the governor said after inaugurating the start of construction on Monday.

Posted in General @ 27 July 2004 00:03 CET by Jeroen · permalink · 0 reactions


Jobs in footwear industry drop by almost 60% Over 180,000 people in the footwear industry lost their jobs last year, and many of them may have returned to traditional agriculture, according to the latest government data. The 2003 National Labor Force Survey report (Sakernas) published by the Central Statistic Agency (BPS) recently, stated that the number of jobs in the footwear industry plunged by 58.70 percent from 310,000 in 2002 to 128,000 last year.

Posted in Economy @ 21 June 2004 00:01 CET by Jeroen · permalink · 0 reactions


If oil-crunched Indonesia goes nuclear As the only Asian member and current president of the Organisation of Petroleum Exporting Countries (Opec) oil cartel, Indonesia should be capitalising on the high prices for crude oil and laughing its way to the bank. South-east Asia's largest country, and by far its most populous, has the world's 16th largest proven oil reserves. However, output has declined in the past three years from an average of just over 1.2 million barrels per day to about 1.1 million now, below its Opec quota of 1.27 million. Official figures published in Jakarta last month show Indonesia became a net importer of crude oil for the first time in February and March.

Posted in Nuclear power @ 05 June 2004 00:01 CET by Jeroen · permalink · 0 reactions


Bank Indonesia intervenes to support rupiah Indonesia's central bank said it will continue to sell dollars in the currency market to help the beleaguered national currency, which hit an 18-month low Tuesday. The rupiah traded at 9,230 to the dollar Tuesday morning, its lowest level since Nov. 4, 2002. The rupiah has lost 8.8 percent against the U.S. currency since the beginning of this year. Dealers said Bank Indonesia sold dollars early Tuesday to curb the rupiah's decline.

Posted in Economy @ 25 May 2004 00:02 CET by Jeroen · permalink · 0 reactions


Before he slipped into unconsciousness, six-year-old Kaptan Boonmanuj told his mother, "Mum, my chest feels like it's going to explode." On Jan. 26, after two weeks in a coma, Kaptan died in Bangkok's Siriraj Hospital, becoming Thailand's first victim of avian flu. His parents returned home to the hamlet of Ben Ya Pad, deep in the country's rural western province of Kanchanaburi. Two days had passed since their son's death, and rice farmer Chamnan Boonmanuj and his wife Chongrak sat receiving friends and relatives, the smell of burning incense heavy in the front room of their concrete house. Behind them, Kaptan's body lay in a white coffin. Propped against it was his bicycle, along with a picture of Kaptan wearing his school uniform. Outside, a row of ornate wreaths was placed beside the wall of the house. One was from the Ministry of Public Health.

Posted in Health @ 06 February 2004 00:00 CET by Jeroen · permalink · 0 reactions


Just when investors might have been thinking it was safe to look at Indonesia a little less skeptically, the biggest banking scandal to hit the country since the central bank liquidity scandal, this one involving Bank Negara Indonesia (BNI) and allegedly fraudulent letters of credit, has shattered confidence yet again. With BNI marked for semi-privatization next year, the scandal could hardly have come at a worse time. It highlights concerns raised by the International Monetary Fund (IMF) over corporate governance in Indonesia and the central Bank Indonesia's failure to detect the scam until a year after it allegedly began.

Posted in General @ 03 December 2003 00:00 CET by Jeroen · permalink · 0 reactions


BRI has people queuing If there remains a lack of confidence in Indonesia’s economy, no-one told the “huge crowd” that queued for a slice of the initial public offering of Bank Rakyat Indonesia (BRI) on Thursday (23/10/03). The Jakarta Post noted that very little noise has been made about the float, but word has clearly got around that, of all the banks on the market, this is the one that is producing the goods.

Posted in General @ 27 October 2003 00:03 CET by Jeroen · permalink · 0 reactions


Just as they have in the developed world, big-box hypermarkets, which are taking over the top end of the retail trade, are causing severe dislocations in the rest of Indonesia's food chain, from smaller supermarkets down to wet markets to the warungs where housewives sell cigarettes and candy out of their living room windows.

Posted in Economy @ 26 July 2003 00:00 CET by Jeroen · permalink · 0 reactions


Fuel subsidies have long been a thorny problem for various Indonesian governments. Attempts to reduce the level of these subsidies by increasing domestic fuel prices have often been met by protests, forcing the price hike to be reversed. In January 2003, the government again tried to increase fuel prices, and was again forced to back down by public protests. In this article , Dr. Bachrawi Sanusi takes an indepth look at the issue:

Posted in General @ 15 July 2003 00:00 CET by Jeroen · permalink · 0 reactions


Bajaj Auto plans facility in Indonesia Bajaj Auto was planning to set up its first overseas two- and three-wheeler manufacturing plant in Indonesia, as part of strategies to grow its global business, a senior company official said. The Pune-based company is presently doing a feasibility study on the size and location of the plant in the Southeast Asian nation, the official said.

Posted in Economy @ 07 July 2003 00:03 CET by Jeroen · permalink · 0 reactions


Indonesia wants closer Europe ties A two-day meeting of European and Asian finance ministers has called for closer economic ties between the two regions as they struggle to shake off the impact of war, terrorism and SARS. The fifth Asia Europe Meeting (ASEM), hosted by Indonesia on the resort island of Bali, was officially opened by Indonesia's top economics minister Dorodjatun Kuntjoro-Jakti and Finance Minister Budiono.

Posted in Politics @ 07 July 2003 00:01 CET by Jeroen · permalink · 0 reactions


Poland offers Indonesia military cooperation Poland on Thursday offered visiting Indonesian President Megawati Sukarnoputri extensive cooperation in the military field. "We are proposing a vast cooperation in the military and arms domain," President Aleksander Kwasniewski told a joint conference with Megawati at the outset of her 48-hour visit. "We discussed political, economic, trade, military and tourism cooperation," Megawati said.

Posted in Military @ 25 April 2003 00:02 CET by Jeroen · permalink · 0 reactions


Central bank cuts overnight interest rate Indonesia's central bank on Monday cut its intervention rate for rupiah deposited overnight by 25 basis points to 11.25 percent, the lowest in 27 months, citing slowing inflation.

Posted in Economy @ 08 April 2003 00:02 CET by Jeroen · permalink · 0 reactions


Inflation falls to 7,12% in March Indonesia's inflation rate fell to a better-than-expected 7.12 per cent in March thanks to cheaper food prices, according to official figures released yesterday.

Posted in Economy @ 02 April 2003 00:02 CET by Jeroen · permalink · 0 reactions


Ban on sand exports to curb rampant mining Indonesia said on Thursday it had imposed a ban on sand exports to all countries in a bid to curb rampant mining which was causing damage to the environment. "We have decided to stop sand exports from Indonesia to any country, including Singapore," Trade and Industry Minister Rini Soewandi told Reuters.

Posted in General @ 07 March 2003 00:01 CET by Jeroen · permalink · 0 reactions


Indonesia exports up Indonesia's exports surged 20.43 percent year-on-year to US$4.92 billion in January, according to the central bureau of statistics (BPS). BPS chief Sudarto Suerbakti attributed the increase mainly to a 15.6 percent increase in the exports of commodities other than oil and gas to $3.73 billion in January from $3.22 billion in the same month in 2002.

Posted in Economy @ 06 March 2003 00:01 CET by Jeroen · permalink · 0 reactions


Export fall hits Indonesia Indonesia's economy grew 3.66 per cent in 2002, but showed signs that exports and domestic consumption were faltering toward the end of the year, the Government said yesterday. The growth was largely fuelled by a pick-up in consumer spending, which recovered after collapsing following the 1997-98 Asian financial crisis.

Posted in Economy @ 19 February 2003 00:02 CET by Jeroen · permalink · 0 reactions


Govt to halt Riau sand export to Singapore The government has decided to stop exporting Riau sand to Singapore on the grounds that it gives no benefit to the state, a state official said on Thursday.

Posted in Economy @ 08 February 2002 00:01 CET by Jeroen · permalink · 0 reactions


Indonesia stumbles from crisis to crisis under President Wahid and the one person with the clout and popular support to replace him prefers to sit in the wings. What makes Megawati so static?

Posted in Politics @ 10 April 2001 00:00 CET by Jeroen · permalink · 0 reactions
    
 FOLLOW US ON TWITTER
 BLOG ARCHIVE
· 2015, 28 entries
· 2014, 591 entries
· 2013, 750 entries
· 2012, 1061 entries
· 2011, 792 entries
· 2010, 644 entries
· 2009, 916 entries
· 2008, 504 entries
· 2007, 725 entries
· 2006, 1014 entries
· 2005, 723 entries
· 2004, 558 entries
· 2003, 525 entries
· 2002, 375 entries
· 2001, 162 entries
 POPULAR TAGS
· gigolo
· jakarta
· blogger
Automatically generated every hour
 BLOG CATEGORIES
· General (1205 entries)
· Economy (643 entries)
· Politics (574 entries)
· Accidents (561 entries)
· Terrorism (541 entries)
· Earthquake (539 entries)
· Volcanoes (387 entries)
· Crime (357 entries)
· Corruption (349 entries)
· Flooding (278 entries)
· Elections (276 entries)
· Travel (268 entries)
· Bird Flu (254 entries)
· Religion (242 entries)
· Tourism (239 entries)
· Oddly enough ... (219 entries)
· Violence (198 entries)
· Drugs (196 entries)
· Health (192 entries)
· Aceh conflict (191 entries)
· Environment (185 entries)
· Weather (171 entries)
· Military (168 entries)
· Protests (157 entries)
· Culture (106 entries)
· Garuda Indonesia (91 entries)
· C. Sulawesi conflict (86 entries)
· Human rights (82 entries)
· Forest fires (78 entries)
· Sidoarjo mudflow (71 entries)
· Power supply (64 entries)
· Ramadan (63 entries)
· PT Freeport (55 entries)
· Picture guess (48 entries)
· Maluku conflict (47 entries)
· History (37 entries)
· Dengue Fever (37 entries)
· Infrastructure (36 entries)
· Polio (35 entries)
· Mexican flu (35 entries)
· Website (25 entries)
· Media (22 entries)
· Nuclear power (21 entries)
· Sports (20 entries)
· Sexy (16 entries)
· SARS (15 entries)
· Nightlife (10 entries)
· Others (5 entries)
· Lippo Cikarang (5 entries)
· Close smallest categories
 ADVERTISEMENT

Created by indahnesia.com · feedback & contact · © 2000-2020
Other websites by indahnesia.com: ticketindonesia.info · kamus-online.com · indonesiepagina.nl · suvono.nl

Valid HTML 4.01 Transitional 138,714,550 pageviews Discover Indonesia Online at indahnesia.com