Home » January 12th, 2012
January 2012

State Enterprises Minister, Dahlan Iskan BALIKPAPAN, KOMPAS.com – The government plans to invest Rp9 trillion to create new rice fields in East Kalimantan to increase production as of 2012, State Enterprises Minister Dahlan Iskan said. “If the atmosphere is not conducive or the investment is disrupted we will leave,” he said before East Kalimantan Governor [...]
January 12th, 2012 | Published in Indonesia Nowadays | Read More »

JP Jakarta Post, Peter Milne, Contributor, Karimunjawa It took me 16 years of living in the country, travelling far and wide throughout the archipelago, before I finally got my act together and made it to Java’s very own island paradise. The Karimunjawa – the 27 islands that make up the island group — are located [...]
January 10th, 2012 | Published in Social Culture | Read More »

Jakarta Globe, Lilian Karunungan & Yumi Teso Indonesia drew orders for double the $1.75 billion of 30-year dollar-denominated bonds it offered for sale, a sign of investor confidence in developing economies during a record start to a year for emerging-market debt issues. Southeast Asia’s largest economy sold notes due January 2042 with a 5.25 percent [...]
January 10th, 2012 | Published in Economic | Read More »
Indonesians no longer need to go to London or Hong Kong to visit the Madame Tussaud Wax Museum because a branch of the famed institution will be opened in Ancol Beach City, Jakarta, in late July 2012. “The Madame Tussaud Museum to be set up in Ancol Beach City will be the largest in the [...]
January 5th, 2012 | Published in Tourism | Read More »

Legislation aimed at speeding up infrastructure projects will improve Indonesia’s chance of a debt-rating upgrade, says Moody’s Investors Service, as yields on the country’s Islamic bonds near a three-month low. The yield on the sukuk due in 2014 fell the most in five quarters in the three months until Dec. 31, dropping 85 basis points [...]
January 5th, 2012 | Published in Economic | Read More »

Ronna Nirmala | The Jakarta Globe Reflecting on the year just passed, Foreign Minister Marty Natalegawa on Wednesday noted that Indonesia opened diplomatic relations with nine countries in 2011. The new relations nearly halved the list of 21 countries with which Indonesia had no diplomatic ties when the year began. “The nine countries are Mauritania, [...]
January 5th, 2012 | Published in Features,Indonesia Nowadays | Read More »

The Jakarta Post An earthquake measuring 5.1 on the Richter scale rocked Gorontalo at 8 a.m. on Thursday, according to the Meteorology, Climatology and Geophysics Agency (BMKG). Agency spokesman Sutopo Purwo Nugroho said the epicenter of the quake was 94 kilometers southwest of Gorontalo at a depth of 43 kilometers. “The quake did not trigger [...]
January 5th, 2012 | Published in Indonesia Nowadays | Read More »

Syofiardi Bachyul Jb, The Jakarta Post, Padang Teluk Bayur Port in Padang, West Sumatra, will be renovated at a cost of Rp 1.7 trillion (US$185.8 million) in a bid to provide better services for both export and import activities. The renovation project, expected to run from 2011 to 2015, comes in response to a rising [...]
January 5th, 2012 | Published in Economic,Investment | Read More »

Jakarta Globe-Francezka Nangoy President Susilo Bambang Yudhoyono opened the year’s trading at the stock exchange on Monday, and called on the business community to take advantage of the investment-grade status recently given to the country. Yudhoyono said that with the new status accorded to Indonesia by Fitch, an international rating agency, money costs and loans [...]
January 3rd, 2012 | Published in Indonesia Nowadays | Read More »

An Indonesian vendor holds chilis for sale at a traditional market in Jakarta on Monday. Prices rose 3.79 percent year-on-year in December, marginally less than the rise forecast by economists. (EPA Photo) Jakarta Globe — Inflation in Indonesia eased last year due to stable food prices, official figures released on Monday showed, giving room for [...]
January 3rd, 2012 | Published in Economic | Read More »