BUSINESS NEWS — With a tensile strength higher than mild steel and greater compressive strength than many mixtures of concrete it is no wonder than bamboo continues to be the construction material of choice for many longstanding building projects. Few are quite as ambitious with the material as Big Tree Farms however, who have recently [...]
BUSINESS NEWS — Norwegian oil and gas major Statoil Monday announced that the company has received the rights to operate a large offshore exploration license in eastern Indonesia, bringing its total number of licenses in the region to eight. Statoil will operate the license, Halmahera II, with an 80% working interest while Canadian exploration and [...]
BUSINESS NEWS — Indonesia will not need to cut its palm oil export tax system, if it agrees a rice import deal with India, the state procurement agency Bulog and trade ministry in the Southeast Asia country said on Thursday. After meeting Indonesian officials in New Delhi on Wednesday, India said it was willing to [...]
BUSINESS NEWS — PT Ford Motor Indonesia (FMI), a subsidiary of US automotive giant Ford Motors, announced on Thursday a significant increase in sales, with 14,988 units sold from January to November, increasing Ford’s overall yearly sales to date by 122 percent. The All-New Fiesta contributed significantly to the increase, with 6,330 units sold during [...]
BUSINESS NEWS — With a tensile strength higher than mild steel and greater compressive strength than many mixtures of concrete it is no wonder than bamboo continues to be the construction material of choice for many longstanding building projects. Few are quite as ambitious with the material as Big Tree Farms however, who have recently [...]
BUSINESS NEWS — Norwegian oil and gas major Statoil Monday announced that the company has received the rights to operate a large offshore exploration license in eastern Indonesia, bringing its total number of licenses in the region to eight. Statoil will operate the license, Halmahera II, with an 80% working interest while Canadian exploration and [...]
BUSINESS NEWS — The first medical clinic for gay patients has opened in the Indonesia’s tourist destination Bali. The initiative aims to serve gays, lesbians and transgenders that are often denied admission to public medical facilities because of discrimination, according to Antara news agency. ‘The Bali Medika Clinic will be a safe haven for gays [...]
BUSINESS NEWS — Indonesia will not need to cut its palm oil export tax system, if it agrees a rice import deal with India, the state procurement agency Bulog and trade ministry in the Southeast Asia country said on Thursday. After meeting Indonesian officials in New Delhi on Wednesday, India said it was willing to [...]
BUSINESS NEWS — The Indonesian government has made a strong commitment to develop and promote traditional medicine, especially jamu (medicinal herb tonic), with a view to integrating traditional medical treatment into the national health system, in which a number of regulatory frameworks had been published, including the development of jamu scientifically. The Health Ministry in [...]
BUSINESS NEWS — The government is drafting a regulation that will exempt the import of upstream oil and gas exploration equipment from value added tax, an official said. Director General of Oil and Gas at the Energy and Mineral Resources Ministry Evita Legowo said on Wednesday the new rule would give certainty to oil and [...]
BUSINESS NEWS — The government plans to invest up to Rp2,400 trillion to develop Sulawesi, Fisheries and Marine Resources Minister Fadel Muhammad said. The development projects in Sulawesi would include among others construction of railway tracks and developing rice producing centers, he said here on Thursday. “There are parts of overall Sulawesi development that would [...]
EVENT — Batik lovers must not miss this upcoming event – a World Batik Summit to be held at the Jakarta Convention Center, from September 28 to October 2, 2011. To be organized by the Indonesian Batik Foundation (YBI) in cooperation with the government, the Batik Summit will consist of two main events: the World [...]
BUSINESS NEWS — Erik Solheim, Norwegian Minister for the Environment, reassured leaders in the Indonesian paper, pulp and palm oil industries that the conservation of forests would lead to greater business opportunities, and that countries like Brazil were proof of its success. “Can Indonesia conserve the forest and continue with 6 to 7 percent economic [...]
ENVIRONMENT — Forestry Minister Zulkifli Hasan has rewarded “Indonesia Green Awards 2011″ to PT Indocement Tunggal Prakarsa Tbk for its participation in environmental improvement. “The award is granted on Wednesday by Forestry Minister Zulkifli Hasan in Bali Room of Hotel Indonesia Kempinski in Jakarta, and received by PT Indocement’s Human Resources Director Kuky Permana,” company [...]
BUSINESS NEWS — The Indonesian Franchise Association (AFI) expects Indonesia will be increasingly inundated with foreign franchises, with 15 new companies hoping to expand their enterprises into Indonesia in December. AFI chairman Anang Sukandar said the franchises were mostly operating in the fields of fast food and services. “The fast foods franchises are mostly from the [...]
TRAVEL NEWS — The city of Bandar Lampung at the most southern tip of the island of Sumatra will this year host Indonesia’s annual travel mart: the Tourism Indonesia Mart & Expo (TIME) or Pasar Wisata Indonesia, to be held from October 12th to 14th at the Novotel Hotel Lampung. TIME is a special event [...]
BUSINESS NEWS — The world natural rubber price which in 2011 averaged US$4 per kg is predicted to remain high within a range of US$4-US$4.5 per kg in 2012, a rubber businessman said. “The price will depend on supply and demand as well as on weather conditions and the economic situation affecting the market,” TB [...]
TRAVEL NEWS — Deutsche Lufthansa plans to increase its flights to Indonesia to capitalize on growing demand for flights to and from Europe and the uptick in investment in the archipelago, an official from the German airline said. “Many German companies are making big investments in this country,” Leo Tonidandel, the airline’s newly appointed general [...]
TECH NEWS — Indonesia and Mozambique have established cooperation in science and technology covering aeronautical technology, biotechnology, energy, disaster mitigation, transportation, communications and information technology and non-technological fields. “Mozambique has a big interest in our capacity; they want to learn from Indonesia. We are happy for their trust in us,” Minister of Research and Technology [...]
BUSINESS NEWS – Luxurious properties are selling hot in Indonesia. Foreigners are snapping up posh apartments and contributing to much of the activity in the high-end market that has been languishing since the heady days of 2007. Foreigners, including permanent residents, have bought 162 non-landed units with a price tag of more than $5 million in the [...]
TRAVEL NEWS — Indonesia will most probably achieve its tourism target this year considering that it attracted 4.3 million foreign tourists during the January-July period. In the coming five months, Indonesia has to record the arrival of another 3.4 million foreign tourists in order to meet its target of 7.7 million in 2011. “This is [...]
BUSINESS NEWS — Coal miner PT Tuah Turangga Agung (TTA), a wholly owned subsidiary of PT United Tractors Tbk (UNTR), has entered into an agreement to acquire the remaining 40% stake of coal miner PT Agung Bara Prima at consideration price of US$10.60 million. In an official statement, TTA has signed the agreement on August [...]
CULTURE — Indonesia’s most highly developed art form, batik, is made by an ancient wax-resistant dying technique that predates written records. Batik textiles were worn by the leaders of the prosperous Majapahit empire, which ruled much of south-east Asia between 1200 and 1500; they still remain a popular element of Indonesian culture. In recognition of [...]
TRAVEL NEWS — Three of Jakarta`s favorite recreational centers – Ragunan Zoo, Beautiful Indonesia in Miniature Park (TMII), and Jaya Ancol Dreamland – are ready to admit huge numbers of visitors during this year`s Lebaran holidays. Located in Pasar Minggu, South Jakarta, Ragunan Zoo is easily accessible through the Jakarta Outer Ring Road and Transjakarta [...]
BUSINESS NEWS — Rich in marine and natural resources, the islands of Halmahera and Morotai in North Maluku deserve to be developed into industrial centers in East Indonesia. Halmahera is host to under-ground high-grade gold mines and abundant natural resources, and Morotai has plentiful fishery resources. North Maluku provincial administration spokesman Abubakar Abdullah said in Ternate [...]
BUSINESS NEWS — Animals Australia has stepped up its campaign for a ban on live animal exports by producing new footage of animals being slaughtered in Turkey. The latest vision comes just months after footage of cattle being mistreated in Indonesia prompted the Federal Government to temporarily ban live exports to that country. The Government says [...]
DOMESTIC NEWS — The Constitutional Court (MK) is scheduled to vote for a new chief justice today, as incumbent chief justice Mahfud MD faces the end of his tenure by the end of this month. The election is set to commence at 2 p.m., with all nine of the court’s judges having the same chance [...]
BUSINESS NEWS — The Environment Ministry has launched an environmentally-friendly building certification system, the ministry`s chief, Gusti Muhammad Hatta, said here on Friday. “The environmentally-friendly building certification system is one of our efforts to reduce green house gas emission which is predicted to reach 26 percent in 2020,” Gusti said. He said increasing efficiency was [...]
BUSINESS NEWS — According to Jakarta Post employers are obliged to pay an Idul Fitri holiday bonus equal to one month’s salary to their housemaids, a group said on Sunday. The Protesting Labor Alliance (ABM) said a meeting of the International Labor Organization (ILO) in June had decided that such an allowance was mandatory. “Housemaids are [...]
BUSINESS NEWS INDONESIA – In its bid to become more efficient, Tan Tock Seng Hospital recently launched the Radio Frequency Identification (RFID) technology for surgical set tracking. It now takes the hospital staff a minute to recall a contaminated surgical set, down from about eight minutes previously. This technology, which costs some S$147,000, was developed [...]
BUSINESS NEWS — While expecting to produce 68.68 million tons of dried unhulled rice this year, Indonesia is planning to expand the sources of its rice imports as a stand-by effort to guarantee the availability of the staple. So far, Indonesia which has a total need for rice per annum of about 31 million tons, [...]
DOMESTIC NEWS — A religious court official in Indonesia has blamed social networking site Facebook for a rise in teenage pregnancies and under-age marriages, a report said Thursday. Siti Haryanti, a secretary at the religious court in Mount Kidul, a town in Central Java, said young couples were having sex after meeting online and she [...]
TRAVEL NEWS — The number of foreign tourist arrivals in West Sumatra via Minangkabau International Airport and Teluk Bayur seaport reached 3,051 people in June 2011. The June 2011 arrivals increased 14.31 percent from 2,669 tourists in May 2011,” Head of the West Sumatra Central Bureau of Statistics (BPS) Muchsin Ayub said here on Thursday. The [...]
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