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Monday, 29 August 2016

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Indonesia sets to shift to GMT +8, How Effective would it be

Effective - 78.8%
Not Effective - 10.6%
No Idea - 10.6%

Total votes: 66
The voting for this poll has ended on: 29 Jun 2012 - 01:33

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Indonesia Trade News Official Blog

Written By admin2 on Monday, 30 September 2013 23:03

 mentioned (http://www.indonesiatradenews.blogspot.com/2013/07/retail-industry-rise-of-mid-power.html), the Indonesia's mid power consumer group totaling 45 million people play an important role to Indonesia's economy. And not by surprise to say that Jakarta as a capital...

Zero Growth Policy On Indonesia's Military Defense Equipment

Written By admin2 on Friday, 24 May 2013 02:47

Indonesia sets to become a production center for Primary Weapon Defense System (Alutsista), Indonesian Defense Minister, Purnomo Yusgiantoro in his discussion during Executive Business Breakfast Meeting explained Indonesia aims to...

Wine, A Lucrative Business to Invest

Written By admin2 on Monday, 22 April 2013 02:41

Introduction to Wine Industry in Indonesia   Global wine trend shifting to AsiaRemarkably ever since a decade ago, the popularity of wine has been increasing in Asian countries like China, Singapore, and...

The Curse of Being Natural Resources Country

Written By admin2 on Friday, 01 March 2013 02:20

Indonesia is endowed with abundant "unlimited" of natural resources, as the largest archipelagos in the world and according to Professor Arysio Santos (http://www.atlan.org%20), Indonesia is the most awaiting "lost Atlantis"....

Jakarta Hits For Mass Transit System in 2015

Written By admin2 on Thursday, 14 February 2013 05:17

Several mega projects are likely to be completed within few years and among these projects are infrastructures related such as Sunda Strait Bridge, Bojonegara Port, Kalibaru, expansion port of Tanjung...

2013, Revival of Commodities Price

Written By admin2 on Friday, 04 January 2013 02:15

Main commodities price of mining and agricultural are predicted to recover in 2013 following the strong indication of US economic recovery. The increase of commodities price is likely to boost...

Internet Users in Indonesia Hit 62.9 Million

Written By admin2 on Friday, 02 November 2012 02:10

Last year of 2011, internet users in Indonesia were 55 million. These users are classified as mobile internet, PC, smart phone, tablet and others. At the end of first half...

Progress of Mega Projects, a Sunda Strait Bridge

Written By admin2 on Wednesday, 31 October 2012 07:47

Exoticism of Banten Province seem to keep glowing in the midst of Europe economic crisis. Hundreds of investors have committed their investment plan into this province. One of the success...

Deceleration of Economic Infrastructure

Written By admin2 on Monday, 22 April 2013 05:34

Indonesian Government plans to adjust subsidized fuel for private vehicle (four wheels) owners have been debated for more than few weeks. Implementation on 2 subsidized fuel may not create significant impact for the acceleration of Indonesian economy. In the mid of 2011, Indonesian government through BAPPENAS (National Development Planning Board)...

MP3EI Groundbreaking Projects Start This Year

Written By admin2 on Wednesday, 16 January 2013 04:21

Indonesian Government is likely to accelerate 82 projects of MP3EI (Indonesian Economic Acceleration Master Plan) in 2013 worth IDR 143.08 trillion out of total projects amounting IDR 545.76 trillion. According to Wahyu Utomo, Deputy Assistant of Regional Development and Infrastructure from Ministry of Finance said these 82 projects are likely...

Developing Indonesia Through PPP and MP3EI Projects in 2013

Written By admin2 on Wednesday, 09 January 2013 03:08

At least 58 infrastructure projects are likely set for PPP (Public Private Partnership) scheme amounting USD 51 billion. Water supply has the most in-hand projects with 18 projects, followed by toll road with 14 projects and others. While in case of priority project, total of 26 projects consist of airport,...

Hotel, a Lucrative Sector to Invest

Written By admin2 on Monday, 07 January 2013 01:24

Slowly but sure, inflow investment to Indonesia is no longer dominated by "used to be" prominent sectors such as mining, plantation and manufacture. Yet, it has been shifting to services industries such as Hotel and Restaurant. BKPM, an Indonesian Investment Coordinating Board recorded investment realization on Hotel have gone nearly...

The Golden Age of Investment

Written By admin2 on Tuesday, 23 October 2012 02:46

Despite of slump trend of ICP (Indonesian Coal Price) and world's coal price index (CPI), mining investment remains promising and prospective in Indonesia. Investment realization in mining industries reach IDR 37 trillion during period January - September 2012. Chemical and pharmaceutical industry rank as the second largest investment with IDR...

Indonesia Offers Five Mega Scale Projects to Japan

Written By admin2 on Tuesday, 09 October 2012 07:50

Indonesian government through the National Development Planning Board (Bappenas) is aiming Japanese investor to finance five mega scale infrastructure projects. These five projects are inclusive into flagship projects through the MP3EI scheme (Indonesia's Economic Master Plan). Projects include industries such as sewerage at Jakarta, expansion of Soekarno Hatta International Airport,...

Realization of Investment Worth IDR 290 Trillion

Written By admin2 on Friday, 31 August 2012 07:28

Realization of investment in the first half of 2012 has shown tremendous growth with more than 50% compared to same period in 2011. Total of USD 29 billion has been implemented into construction for both local and global investors. Indonesia government through investment coordinating board ministry (BKPM) is processing seven (7)...

Foxconn Eyes for Indonesia's Electronic Market

Written By admin2 on Tuesday, 21 August 2012 17:11

The world's largest employer and electronic producers Foxconn eyes for Indonesia's electronic market. With more than 259 million people, Indonesia is lucrative for electronic's industry both local and global. Import on electronic products and components are relatively high with more than 80%, local electronic assemblers have large dependency on import...

Matahari to Invest IDR 1 Trillion This Year

Written By admin2 on Monday, 09 April 2012 07:10

Entering the Year of Water's Dragon, more and more companies are expanding their business, including PT. Matahari as one of the largest retailers in Indonesia. About 17 new outlets of supermarket and 17 outlets of health and beauty are likely to be done within this year. The budget has included...

Tiki JNE is targeting IDR 1 trillion for company's sales

Written By admin2 on Monday, 02 April 2012 04:39

Prospect of logistics business in Indonesia remains prospective along with the implementation of National Logistics System. Chairman of ALI (Indonesian Logistic Association), Mr. Zaldi Masita explained that logistics business in Indonesia is very promising considers Indonesia as the most emerging nation in South East Asia has the capability to support...

Importation on Horticultural Products Limited to Certain Ports Only

Written By admin2 on Thursday, 23 August 2012 01:31

Preface:In 2012, the Indonesian government had decided to impose restriction in importing horticultural products. This restriction is likely to be imposed through several ports and airports. Previously imports on horticultural...

Government Postpones The Enactment on Provision for Importing Horticulture Products

Written By admin2 on Tuesday, 19 June 2012 05:00

Indonesian government has finally decided to postpone the enactment on provision for importing horticulture product that was formerly to be effective on June 15, 2012 and now with the delay,...

Indonesia's Government to Heighten Import

Written By admin2 on Tuesday, 05 June 2012 05:44

During the first quarter of 2011, import of capital goods and raw materials rose 16.2% in parallel with the growth of foreign direct investment into Indonesia. To overcome flooding of...

New API (Importer Identification Number) is Needed Effective on January 1st, 2013

Written By admin2 on Wednesday, 16 May 2012 09:09

To import product legally from overseas for both producer and trader, Indonesia's government obliges all parties to have API (Importer Identification Number), API-P is for producer and API-U is for...

Government to Set Export Quota on Mineral Export

Written By admin2 on Wednesday, 16 May 2012 01:26

Indonesian government is likely to set quota on mineral export, maximum 25% of the export realization in 2009 / 2010 is allowed until new policy takes place for the year...

Cellular's Importer "must" Gain Producer's License

Written By admin2 on Monday, 14 May 2012 03:47

To overcome illegal cellular products in Indonesia, both Depkominfo (Ministry of Communication and Information) and Kemendag (Ministry of Trade) are likely to impose new license for current import system of...

Mining Companies Are Still Allowed to Export Raw Materials

Written By admin2 on Tuesday, 01 May 2012 04:58

The new government regulation no 24 year 2012 has automatically amended the previous regulation no 23 year 2010 regarding implementation of mineral and coal mining. Through that regulation, government has...

FDI Investment is Directed to High Tech

Written By admin2 on Wednesday, 18 April 2012 03:08

The Indonesian Government is trying to shift the trend of electronic industry to high tech through the incentive scheme and disincentive. Directorate General of High Tech Base Superior Industry, Budi...