ASEAN Charter`s First Anniversary Observed in Jakarta

The ASEAN Secretariat here on Tuesday observed the first anniversary of the ASEAN Charter which was adopted at a special ASEAN foreign ministers meeting in Jakarta on December 15, 2008. The Charter which aims to transform ASEAN from a loose association of states to a more integrated and rules-based organization, has many ground-breaking institutional arrangements [...]

Yudhoyono Holds Bilateral Talks with Norwegian PM

President Susilo Bambang Yudhoyono here on Wednesday at 6 pm local time held bilateral talks with Norwegian Prime Minister Jens Stoltenberg. They discussed bilateral relations between Indonesia and Norway, as well as on the  UN Climate Change Summit being held in Copenhagen until December 18, 2009. President arrived in Copenhagen at 4 pm local time [...]

Indonesia Cooperating Internationally to Avoid Transfer Pricing Losses

Indonesia has concluded cooperation agreements with 58 other countries to avoid losses from transfer pricing, a Finance Ministry official said. “We have cooperation agreements with 58 countries to prevent losses from transfer pricing,” Djoko Slamet Surjoputro, director of counseling services and public relations at the finance ministry`s directorate general of taxation, said on Wednesday. Speaking [...]

Government to Use “Shale” Gas on Trial Basis in 2010

The government is to conduct experiments in the use of gas extracted from “shale” or otherwise also called “unconventional gas” beginning in 2010, an energy official said. Shale gas, like CBM (local bed methane) which is imbedded in the core of coal, is considered the elternative energy of the future, Edy Hermantoro, oil and gas [...]

Soekarno-Hatta World’s 2nd Most On-Time Airport

Despite numerous complaints about its meager services, the Soekarno-Hatta International Airport is good at one thing: punctuality. Luxury travel news portal Forbestraveler.com has announced that the airport is the second most on-time international airport worldwide according to data from FlightStats, an Oregon-based company that tracks flight information for airports and airlines around the world. The [...]

Indonesia Can Play ‘Significant Role’ in Copenhagen: EU

The 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’s role [...]

Pertamina Eyes 16% Increase in Profits in 2010 on Crude Prices

Thanks to the trend towards increasing crude oil prices, state oil and gas company PT Pertamina — the most profitable state enterprise in the country — expects to increase profits by nearly 16 percent in 2010 from a year earlier. Pertamina’s commissioner Umar Said told reporters Monday that the company expected profits to hit Rp [...]

President: Indonesia Must Encourage Copenhagen Meet to Reach Consensus

President Susilo Bambang Yudhoyono said on Sunday Indonesia must be able to be part of a solution if the ongoing UN climate change talks in Copenhagen come to a standstill. “I have written to the Danish prime minister informing him of the Indonesian proposal and to offer an alternative in case of a deadlock. And [...]

Indonesia To Reduce Gas Emissions By 25 Pct Until 2020

Indonesia is committed to reducing its gas emissions by 26 percent in several phases until 2020, Forestry Minister Zulkifli Hasan said here on Monday. “The forestry sector is expected to expected to help reduce gas emissions to 14 percent in the first phase,” the minister said when declaring the formation of a National Forest Management [...]

6,4 Million Tourists to Indonesia Target Possibly Surpassed

Minister of Culture and Tourism Jero Wacik believed that the projected 6.4 million foreign tourists visiting Indonesia in 2009 would be reached or even surpassed. “Up to the end of last October, the number of foreign tourists to Indonesia had already reached 5.1 million, so that they may reach the projected 6.4 million by the [...]

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