Sunday, 14th February 2016
Business
  • Investment board inaugurates first plant in Suge Industrial Zone
    5th February 2016
    Head of the Investment Coordinating Board (BKPM) Franky Sibarani inaugurated the first plant operating in the Suge Industrial Zone, Belitung District, Bangka Belitung Province, on Friday. The PT Billiton Plywood factory is ...
  • W Sulawesi provincial government to maximize use of cacao plantations
    5th February 2016
    The West Sulawesi provincial government will, this year, maximize the use of cacao plantations to annually produce one million tons of the commodity, according to Provincial Estate Service spokesman Tanawali. "The ...
  • Angkasa Pura has world-class logistics warehouse in Bali
    5th February 2016
    State-owned airport operator PT Angkasa Pura-I now has a logistics warehouse of international standard in the Indonesian island resort of Bali, according to the companys President Director, Sulistyo Wimbo Hardjito. ...
  • Firms lacking competitive edge plan to lay off workers: Minister
    5th February 2016
    Companies might have planned to lay off their workers as they are unable to compete in the market, according to Coordinating Minister for Economic Affairs Darmin Nasution. "Companies might have planned to lay off their ...
  • 46 palm oil companies obtain ISPO certificate
    5th February 2016
    Forty-six companies have obtained the Indonesia Sustainable Palm Oil (ISPO) Certificate, which was handed by the Director General of Plantations at the Ministry of Agriculture on Thursday. The Director General of ...
  • Govt urged to take steps to prevent massive workers` layoffs
    5th February 2016
    Global economic gloom and the pronged drop in world commodity prices have affected businesses in Indonesia, with scores of large companies being forced to shut down their factories. A score of major companies, such as PT ...
  • Investment climate improving: CIMB Niaga CEO
    5th February 2016
    The Chief Executive Officer of CIMB Niaga, Tigor M Siahaan, said a positive sentiment has emerged marked by the influx of around Rp20 trillion worth of foreign funds into the domestic bonds market earlier this year. "The ...
  • Tax amnesty will encourage investment significantly
    5th February 2016
    The change in the tax penalty scheme would convert the current precipitated funds into investment that would serve as a stimulus for the states economy, an official stated here on Thursday. "Before the tax amnesty, the ...
  • Indonesia studying Trans-Pacific Partnership Agreement
    5th February 2016
    Indonesia is studying 6,000 pages of the Trans-Pacific Partnership Agreement to see possible impacts on domestic industries if it finally decides to join it. "There are 30 sub-sectors involved in the 6,000 page agreement ...
  • ITUC rejects low wages in Indonesia
    4th February 2016
    The International Trade Union Confederation (ITUC) has openly denounced the wage system, which causes structural poverty in Indonesia. "The wages here are even US$100 lower than those in remote areas in China. This ...