tag:blogger.com,1999:blog-252663142011-11-16T04:43:24.714+07:00A Complete Guide to Discover IndonesiaAdminhttp://www.blogger.com/profile/16612703038454544086noreply@blogger.comBlogger361100tag:blogger.com,1999:blog-25266314.post-66160840874116757942011-02-15T14:49:00.002+07:002011-02-15T14:52:08.123+07:00

From the Jakarta PostS. Korea keen to sell nuclear technology to RISouth Korean President Lee Myung-Bak made a special request to Indonesian Coordinating Economic Minister Hatta Rajasa to visit South Korea's nuclear facility in Busan, on the sidelines of the latter's work visit to South Korea, on Tuesday.“We were asked to undertake the visit,” Hatta said Tuesday in Busan, South Korea, as quoted

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From Zawya.comQNB acquires Indonesia's Bank KesawanQNB Group and Bank Kesawan signed a "Letter of Intent" in September 2010, making QNB Group the "Standby Buyer" for the rights issue which received regulatory approval in December 2010.Ali Shareef Al Emadi, QNB Group Chief Executive Officer, said this partnership is in line with the Bank's international growth strategy to expand its presence in

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From the Jakarta PostIndonesia, Finland sign agreement to promote renewable energyThe Ambassador of Finland to Indonesia, Kai Sauer, said that the program, which is called the Energy and Environment Partnership (EEP), aimed to reduce greenhouse gas emissions and combat climate change by providing modern, accessible and reliable services in rural areas and industrial applications.“This program is

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From the Live Mint Tata Motors may set up Nano production facility in IndonesiaTata Motors Ltd might build a factory to produce its Nano small car in Indonesia, one of the fastest expanding markets in Asia.The firm is conducting a feasibility study to establish a facility in Jakarta, three people familiar with the company’s plan said on condition of anonymity.Should the plan come to fruition, it

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From AME InfoShell, Aramco may build plant in IndonesiaSaudi Aramco and Royal Dutch Shell and Indonesia's PT Pertamina may enter into a partnership to build a refinery in the south-east Asian nation, Bloomberg has reported. "The government is preparing a fiscal policy to help attract investors, including for the Aramco project," Indonesian industry minister Mohamad Hidayat said. Saudi Aramco is

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From the Wall Street JournalJAKARTA (Dow Jones)--PT Shell Indonesia, the local unit of Royal Dutch Shell PLC (RDSB.LN), plans to invest $90 million-$100 million to build a lubricant plant, a senior executive said Friday."We aim to start construction this year, and if no hurdles are in our way, complete in 2013-2014," Chief Executive Darwin Silalahi told reporters after a meeting with government

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From the Jakarta PostAnglo-Dutch Royal Dutch Shell announced Friday that the company would set up a US$100 million lubricant plant in the western part of Java with a total capacity of 100,000 tons per year.PT Shell Indonesia president director Darwin Silalahi said the plant would be the company’s production hub, not only to supply the Indonesian domestic market, but also the Asian regional market

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From the Jakarta GlobeIndonesia on Saturday congratulated Egypt on its democratic change and expressed hope that the Middle East country would continue to play an important role in efforts to achieve peace between Israel and the Palestinians."The government of Indonesia congratulates the whole Egyptian nation for its ability to overcome the current challenges," Foreign Minister Marty Natalegawa

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From FT.comIndonesia on Wednesday announced better than expected figures for 2009 growth in gross domestic product, making it one of the fastest growing economies in the G20 group of nations. Indonesia posted 4.5 per cent annual GDP growth for 2009, down from 6.1 per cent in 2008. Fourth-quarter growth was 5.4 per cent year-on-year, the fastest level since the third quarter of 2008. The economy

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From the Jakarta Globe.comWhile last week’s Copenhagen climate talks may have been considered as a lost opportunity to reach a binding agreement to slow down global warming, Indonesia stands to gain more than it bargained for, Rachmat Witoelar, executive chair of the National Council on Climate Change, said on Wednesday.“[The conference] was not a failure and Indonesia was satisfied with the

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From Xhinhuanet.comProminent power firm and lenders from Russia, Japan, Kuwait and Germany have pledged their interests to take part in Indonesia's huge power plant projects expected to commence next year, a local media report said Saturday.Fahmi Mohtar, Director of Indonesian state-run power firm, PT Perusahaan Listrik Negara (PLN), conveyed that he had received representatives of those power

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From Bernama.comThe Indonesian government will provide tax refund for foreign visitors to purchase goods from April next year, an official said here Tuesday, reports China's Xinhua news agency.The visitors can have the refund when leaving from Soekarno Hatta Airport in Jakarta and Ngurah Rai Airport in Bali, said Djoko Slamet Surjoputro, director of Public Relations with the tax office.For detail

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From the Jakarta PostIndonesia and France have agreed to step up their bilateral relationship through a planned launch of what leaders of the two countries called an “unlimited strategic partnership”.President Susilo Bambang Yu-dhoyono met with French counterpart Nicolas Sarkozy on Monday to discuss the issue, upon which they agreed on enacting the partnership starting next year when Indonesia

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From Bloomberg.comDec. 16 (Bloomberg) -- Indonesia’s stock index may climb 32 percent next year after outperforming measures in Asia’s biggest markets in 2009 as companies raise debt to expand amid a pickup in economic growth, according to Credit Suisse Group AG.The Jakarta Composite Index is set to rise to 3,300 by the end of 2010, led by consumer, infrastructure and resource stocks, said Arief

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From the Wall Street JournalJAKARTA, Indonesia—Government officials said they had cleared a regulatory logjam holding up $1 billion in funding from Middle East investors for a railroad project, a major step forward for a nation that has failed in recent years to attract large amounts of foreign capital because of bureaucratic hurdles.Investors including the United Arab Emirates and Dubai-based

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From the Jakarta PostThe European Union has expressed hope that Indonesia plays a significant role at the Copenhagen climate change summit, particularly by bridging the gap between developed and developing countries.European Commission President Jose Manuel Barroso said that given Indonesia’s “ambitious” target to reduce its emissions by 26 percent by 2020 and President Susilo Bambang Yudhoyono’

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From the Jakarta PostIndonesia’s corruption-perceptions index score increased to 2.8 this year from 2.6 last year, according to data from Transparency International Indonesia.The new score moved Indonesia to 111th position among 180 countries polled worldwide, up from 126th place last year.“The score does not indicate [a significant] improvement in the anticorruption drive in Indonesia,”

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From bloomberg.comIndonesia’s “virtuous” efforts to trim its budget deficit have given the government scope to significantly increase spending to stoke economic growth, according to Morgan Stanley.“Indonesia should leverage its public finances to ramp up development spending as the economy suffers from infrastructure bottlenecks,” Deyi Tan, an economist at Morgan Stanley in Singapore, said in a

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From the economist.comSusilo Bambang Yudhoyono, president of Indonesia, sees tolerance-building as a central task of the 21st centuryA clash of civilisations is not inevitable. A confluence of civilisations is entirely possible. For millennia, our archipelago has been home to many currents of civilisation. This is why, in today’s Indonesia, democracy, Islam and modernity can go

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From the economist.comWHEN Barack Obama made his appeal, back in June, for a new understanding between America and Islam, the venue he chose was Egypt—for some obvious reasons. It is the most populous of the Arab nations adjoining the Middle Eastern conflict zone, with an ancient tradition of Islamic scholarship, and a citizenry that is tempted by fundamentalism but also admires some things about

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From Antara.co.idAgriculture Minister Suswono said here on Saturday the government would continue to strive to make Indonesia the world`s biggest palmoil producer."Palmoil is one of the commodities the state is relying on for foreign exchange income. So far the commodity has contributed a lot in increasing the state`s foreign exchange reserves," he said.He said the country`s palmoil exports in

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From Bloomberg.comIndonesia’s economic growth may have accelerated for the first time in more than a year as lower interest rates and a strife-free election stoked spending. “Market confidence in the current government is high,” said David Sumual, an economist at PT Bank Central Asia in Jakarta. “Political stability is one of the reasons for Indonesia’s steady growth.” Detail coverage,visit

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From the Japan TimesModern miracles do happen. Ten years ago, as the Asian financial crisis savaged Indonesia's economy, many experts predicted that the country would become unstable, if not splinter. Instead, Indonesia, the world's most populous Islamic country, has emerged as a beacon of freedom and democracy for the Muslim world. What happened? And why hasn't the world taken note?For detail

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From the Economist.comIndonesia has proved to be less exposed to the global recession than many of its neighbours, and its economy expanded by 4.2% year on year in the first half of 2009. As a result, the Economist Intelligence Unit has revised up its forecast for real GDP growth to 4.1% (from 2.6% in our previous forecast) in 2009 and 4.4% (from 3.4% previously) in 2010.For detail story, visit

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There is a good news for Indonesian people who afraid to walk at night at least in Medan, North Sumatera. Patrolling 24 hours a day, "Hoodlum Eradication Team" secure the streets from gangsters. After succesfully implemented in the third largest city, we are waiting for the next achievement in the Capital of Jakarta, a real megapolitan city. For complete report, visit here

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From the forbes.comSince Indrawati's 2005 appointment as Indonesia's finance minister, the country's foreign exchange reserves reached an all-time high of $50 billion, and foreign investment skyrocketed. She has fought against government corruption, created tax incentives and simplified investment laws. Her performance earned her a promotion. In June Indrawati was named to run the country's

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From bloomberg.comIndonesia’s economy is set to emerge a “winner” after avoiding the worst of the global financial crisis, the World Bank’s country director said. Asia’s fastest-growing major economy after China and India can expand “significantly” more than 7 percent once President Susilo Bambang Yudhoyono fixes the nation’s congested roads, neglected ports and ageing power plants, according to

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From bloomberg.com“Indonesia is ready to rise in the world economic hierarchy and take its place alongside China and India”, said Nicholas Cashmore, head of Indonesia research at CLSA Asia-Pacific Markets.For complete story click here

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From the economist print editionOf the many explanations offered for the incumbent’s popularity the simplest may also be the most convincing: he has done rather a good job. So soon after the chaotic implosion of the 32-year Suharto dictatorship in 1998, Indonesia seems politically stable and economically resilient, likely to show GDP growth of up to 4% this year.For complete coverage, please

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Until now, no one denies that United States of America is the most powerful country in the world. Within its border, there are more than 300 million multiracial people who make a living to grab “the American Dream”. Despite their supremacy, they are “only” a small portion of a crowded world of which the population is estimated around 6.75 billion people according to the US Census Bureau as of

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Indonesia is managing the global recession better than most, thanks to its tough finance minister.Solenn Honorine and George WehrfritzNEWSWEEKFrom the magazine issue dated Jan 19, 2009Last month a financial tidal wave washed over Indonesia, but not the one kicked up by the global credit crisis. Money flooded into government coffers from individuals and corporations eager to avail themselves of

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In hope we can believe in....National Intelligence Council's Global Trends 2025 report:---------------------------------------------------------Indonesia, Turkey and a post-clerically run Iran—states that are predominantly Islamic, but which fall outside the Arab core—appear well-situated for growing international roles.Indonesia’s performance will depend upon whether it can replicate its success

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In order to improve performance and fight against corruption, Indonesian government has reformed its bureaucracy. As one can see, the reform has been started from the Ministry of Finance (MoF) as one of the largest and most influential government institution. In the late of 2002, Directorate General of Taxation (DGT) as one of the units in MoF introduced a new system and opened modern tax offices

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