faMaritime Affairs and Fisheries Minister Fadel Muhammad is scheduled to launch Sail Banda in Ambon on April 17, 2010. “We are making preparation for the launch of the international marine event on April 17,” Sail Banda local committee spokesman Cak Saimima said here on Wednesday. Saimima said the maritime affairs and fisheries minister was appointed [...]
The US Trade and Development Agency (USTDA) has committed US$1.6 million in grants for feasibility studies for two private geothermal projects in West Java and Halmahera. The commitment was signed by USTDA’s director Leocadia I. Zak on Tuesday, the US Embassy said in a press statement. “USTDA is pleased to announce that over $1.6 million [...]
The government has revised upward the target of excise receipts for 2010 to Rp58.2 trillion from Rp57.2 trillion following a plan to raise liquor excise by up to 200 percent as of April 1. “Given the policy, the target of excise receipts increases by Rp1 trillion.” Director General of Customs and Excise Thomas Sugijata said [...]
Indonesia`s Forestry Ministry and the United Nations launched a UN Collaborative Program on Reducing Emissions from Deforestation and Forest Degradation (UN-REDD) with a kick-off workshop opened by Forestry Minister Zulkifli Hasan. “Our country is very vulnerable, it has 80,000 kilometers of coast line, and more than 17,000 islands, big and small. Many people depend on [...]
Indonesia ranked 30th as the world`s biggest exporter last year, according to a World Trade Organization (WTO) report. According to the report obtained by ANTARA on Monday, Indonesia exported US$120 billion worth of commodities last year, accounting for nearly 1 percent of the global trade. Compared to other ASEAN member states, Indonesia ranked fourth after [...]
Indonesia will lobby other Southeast Asian countries to adopt the Copenhagen Accord at the upcoming ASEAN meeting in Vietnam, as only Jakarta and Singapore have done so, a source said. The 10 members of ASEAN will convene from April 8 to April 9 in Hanoi, during which officials said the group would issue a joint [...]
The National Survey and Mapping Coordination Agency (Bakosurtanal) for the first time has a survey vessel of its own for the morphological mapping of shallow waters in Indonesia. “The vessel was built by an all Indonesia team, and its design and construction was carried out by the Surabaya November 10 Technological Institute (ITS) and the [...]
The West Lampung administration plans to auction the management of the Suoh-Sekincau geothermal power plant next month to help solve energy shortages in the province, says an official. Regent Mukhlis Basrim said that the power plant was ready for auction following the decision from the Energy and Mineral Resources Ministry allowing it to be mined. [...]
Vice President Boediono has expressed optimism that Indonesia`s products could be competitive in the ASEAN-China Free Trade Agreement (ACFTA). “FTA with China with help Indonesian economic growth,” the vice president said as a keynote speaker at the “Economist Conference to Hold Indonesia Summit 2010″ here on Thursday. According to Boediono, Indonesia`s strength to face ASEAN [...]
Foreign direct investment is flowing into Indonesia, now considered an attractive investment destination, says a senior economist. The Economic Intelligence Unit (EIU) Corporate Network Director Ross O’Brien said in Jakarta on Wednesday that a lot of investment that was held back during the recent global financial crisis, which peaked in October 2008, would start flowing [...]
