Mark Dodd, Dili – In the laboratory of Cafi Cooperative Timor (CCT), senior adviser Alistair Laird, a "cupping" expert, is applying a final quality-control test to assess the fragrance,
Economy & Investment
Displaying 2901 - 2950 of 3593 Documents
February 27, 2003
February 24, 2003
The Investment Coordinating Board (BKPM) released investment figures for the month of January late last week revealing a steep fall in foreign direct investment (FDI) approvals but an u
February 17, 2003
More troubles surfaced last week in the government and Bank Indonesia's (BI) efforts to cover the costs of the disastrous bank bailout of the late 1990s just as many of those responsibl
Jakarta – Indonesia's economy probably expanded in the fourth quarter as Muslim holy days and other festivals spurred spending on food and gifts, analysts say.
February 14, 2003
Paul Toohey – Critically needed containers of medical, health and school supplies have been stockpiled on Dili's wharf because of heavy smuggling and what East Timorese-based aid worker
February 8, 2003
Bill Guerin – Jakarta has officially announced that regional governments can now borrow from foreign sources if certain conditions are met.
February 4, 2003
Dadan Wijaksana, Jakarta – The country's export performance turned out last year to be better than many had expected, thanks to stronger exports of agriculture and low-end manufacturing
Indonesia's exports rose 1.2 per cent to $US57 billion ($97.3 billion) in 2002 from a year earlier, helped by higher oil and commodity prices as well as a boost in overseas orders for m
January 29, 2003
Tony Sitathan, Jakarta – A retired stockbroker who once assisted Indah Kiat Paper and Pulp – considered the darling of the paper and pulp industry at one time before being swallowed up
January 23, 2003
Robert Go, Nusa Dua – International donors have pledged US$2.7 billion in fresh aid to cash-strapped Indonesia this year, despite ongoing concerns about its inability to implement cruci
January 22, 2003
Joanne Collins, Bali – Indonesia would not need to "beg" for money from the international community if it tackled the corruption costing the cash-strapped country some $28.4 billion a y
January 21, 2003
Bali – Indonesia's moves to reduce earlier announced rises in fuel prices were very understandable and would not compromise its goals of keeping its budget deficit under control, an IMF
Joanne Collins, Bali – Indonesia's government said on Tuesday it wanted an end to IMF funding this year, seeking to break a financial lifeline in place since the Asian financial crisis
January 19, 2003
Joanne Collins, Jakarta – Happy with Indonesia's fight against terror and its efforts for peace in Aceh, international donors look set this week to pledge the $2.8 billion in aid that t
January 17, 2003
Matthew Moore, Jakarta – Millions of Indonesians face poverty as investors continue to desert the country largely because of rampant corruption and collapsing infrastructure, a new repo
Bill Guerin – The Indonesian government raised fuel prices, electricity rates, and telephone charges at the start of the year in an effort to slash expensive subsidies and help ailing s
January 11, 2003
Tony Sitathan, Jakarta – "I do not know how I am going to survive with three children, an ailing mother and an unemployed husband, with the current increases in basic electricity and te
January 9, 2003
Jakarta – Indonesia's foreign direct investment pledges slumped 35 per cent last year compared with 2001, a bad sign for economic growth and a reminder of the nation's reputation as a t
January 8, 2003
The recent furore over Singapore Technologies Telemedia's purchase of a major stake in Indonesia's Indosat is just a case of domestic political bickering, a former Indonesian minister s
January 4, 2003
Bill Guerin – Indonesia's largest supermarket chain PT Hero Supermarket plans to open three hypermarkets on the outskirts of Jakarta this year to stem a steady drop in the chain's marke
January 2, 2003
Jakarta – Indonesia's year-on-year inflation was 10.03 percent in December against 10.48 percent in November, the statistics bureau said on Thursday.
December 7, 2002
Bill Guerin – In the past three years Japanese electronics giant Sony has shut down 16 plants across the globe and laid off thousands of its workers.
December 5, 2002
Mark Egan, Washington – The International Monetary Fund on Thursday approved a $365 million loan payment to Indonesia under the nation's $4.8 billion loan and urged the nation to undert
December 4, 2002
Robert Go, Jakarta – Rising wages, coupled with a hyperactive labour force, are turning off foreign investors, some of whom are packing up and abandoning the country.
December 2, 2002
Jane Perlez, Denpasar – His fingers clasp a long brush and with the finest of strokes, Nyoman Kantor paints the figures of a Balinese myth onto eggshell.
Robert Go, Jakarta – After the private bank that Ms Sri Astuti worked for folded in 1998, she sought a clerical job at other offices.
November 29, 2002
Japanese technology company Sony Corporation will close its audio equipment manufacturing plant in Indonesia due to labour and tax problems.
November 25, 2002
Haidir Anwar Tandjung and Apriadi Gunawan, Medan/Pekanbaru – Tembilahan, a small coastal town in the Riau regency of Indragiri Hilir, has drawn a lot of attention from small-scale busin
November 22, 2002
Jakarta – The number of foreign tourist arrivals in Indonesia in 2002 is estimated at only 20 percent of its target figure of 4.3 million to 5.4 million, the country's top tourism offic
Bill Guerin, Jakarta – A new initiative to boost prospects for small and medium enterprises (SMEs) in eastern Indonesia has been launched by the International Finance Corporation (IFC),
November 16, 2002
Ahmad Junaidi, Jakarta – The city administration announced on Friday that the recent Bali bombing tragedy has affected the city's economic growth, and has forced a revision from the pre
November 15, 2002
[In the wake of the October 12 bombing on the Sari Club at Kuta Beach, tourist arrivals to the island of Bali have fallen by 75 percent.
November 14, 2002
A lack of foreign investment rules has been highlighted as the main factor restricting economic growth in the newly independent East Timor.
November 9, 2002
Bill Guerin – Indonesian investors are to be wooed in a deliberate effort to release the potential of the domestic economy and get money flowing through the business infrastructures.
November 7, 2002
Robert Go, Tabanan (Bali) – Some of Indonesia's top businessmen are thumbing their noses at the nation's latest bid to collect outstanding debts worth more than US$13 billion, leaving o
November 2, 2002
Bill Guerin – The financial crisis of 1997 brought Indonesia's previously spectacular economic growth to an abrupt halt.
October 26, 2002
Tony Sitathan – The recent bomb blasts in Bali have created what some experts describe as a "terrorism risk premium" not just to Indonesia but to all of Southeast Asia.
October 17, 2002
Jakarta – Indonesia's economic growth is expected to be shaved to as low as 3.1 per cent this year after the deadly terrorist bombing in Bali, analysts say, citing rising risk premium a
October 11, 2002
Tony Sitathan – Irwin Goenawan graduated at the top in his class studying for magister manajeman, the Indonesian equivalent of a master of business administration (MBA) degree.
October 7, 2002
As global stock markets slide and a lack of leadership on international reform colored the annual meetings last week of the International Monetary Fund (IMF) and World Bank annual meeti
October 3, 2002
John McBeth, Jakarta – Black markings along its flanks, a large grey fish glides across the aquarium at the far end of Eddie Widiono's tasteful, wood-panelled office in south Jakarta.
October 2, 2002
The United States and Indonesia have agreed to reschedule nearly 500 million US dollars in debt owed by Indonesia and due to mature shortly.
September 20, 2002
Bill Guerin – Against the backdrop of the sudden closure of the US Embassy, violent clashes accompanying the re-election of Jakarta's widely disliked governor, Sutiyoso, and the brazen
September 17, 2002
Tony Sitathan – Benny Winoto Salim was a businessman dealing with palm oil and its by-products in Medan, Sumatra.
September 16, 2002
Devi Asmarani, Jakarta – Used garments smuggled in from all over the world are flooding the Indonesian market, riling local producers who are unable to compete with the extremely low-pr
September 11, 2002
US Ambassador to Indonesia Ralph L. Boyce has advised American investors not to make any new investments in Indonesia until the investment and security climate improves.
Jakarta – Indonesia's economy is forecast to grow 3.86 percent year-on-year in the third quarter and 5.76 percent year-on-year in the fourth due to expected higher output ahead of year-
September 10, 2002
Bill Guerin – Despite growing "anti-IMF" sentiment among some Indonesian politicians, last month's draft budget for 2003 was crafted to appease the International Monetary Fund and ensur
September 5, 2002
[World Bank outgoing country director for Indonesia Mark Baird assumed the position in 1999 when the country was still struggling from a deep economic crisis, making him one of the f
September 3, 2002
Jakarta – The International Monetary Fund (IMF) said on Tuesday Indonesia was on track to achieve single digit inflation by year end, a day after Jakarta reported its first increase in
