Indonesia to miss auto sales target by 30,000 vehicles Expert
Posted on 11. May, 2011 by admin in Blog News
The Association of Indonesian Automotive Manufacturers (Gaikindo) says
the automobile sales for 2011 would decline by 30,000 units from its
original target of between 780,000 and 800,000 vehicles, as a result of
the disasters that hit Japan recently. Read More Indonesia to miss auto sales target by 30,000 vehicles Expert
Cirus arrest backed by evidence Police
Posted on 17. Apr, 2011 by admin in Blog News
The police say investigators had strong evidence and witness testimony
in hand before they detained a prosecutor implicated in a bribery
scandal involving graft convict Gayus H. Tambunan. Read More Cirus arrest backed by evidence Police
PPB official allegedly killed by Citibank debt collectors
Posted on 31. Mar, 2011 by admin in Blog News
Three Citibank debt collectors allegedly killed Irzen Octa, 50, secretary general of the National Unity Party (PPB), on Tuesday after he protested an increased credit card bill, the police said on Thursday. Read More PPB official allegedly killed by Citibank debt collectors
Legal uncertainty is caused by advocates
Posted on 29. Mar, 2011 by admin in Blog News
In February 2011 one of the most prominent advocates in Jakarta, a
darling of the international community, informed a foreign mission that
the main reason for poor legal certainty in Indonesia is the fact that
the Supreme Court does not publish its decisions. Read More Legal uncertainty is caused by advocates
Wiretapping by BIN without court permission a violation of human rights House speaker
Posted on 22. Mar, 2011 by admin in Blog News
House of Representatives Speaker Marzuki Alie said that he objected to
giving intelligence officers the authority to implement wiretaps without
first gaining permission from the court. Read More Wiretapping by BIN without court permission a violation of human rights House speaker
Stocks hit by Japan fears despite Nikkei rally
Posted on 16. Mar, 2011 by admin in Blog News
Shares around the world failed to capitalize on a bounceback in Japanese
stocks Wednesday amid concerns about an escalating nuclear crisis in
the wake of the coutry’s devastating earthquake and tsunami. Read More Stocks hit by Japan fears despite Nikkei rally
Policeman, girlfriend poisoned by liquor
Posted on 15. Mar, 2011 by admin in Blog News
A prosecutor asked the Sleman District Court in Yogyakarta to sentence a
SAR (Search and Rescue) volunteer to five months in jail for carrying a
folding knife without a permit outside Merapi eruption danger zones. Read More Policeman, girlfriend poisoned by liquor
Jakarta cemeteries will be full by 2013 Official
Posted on 11. Mar, 2011 by admin in Blog News
Adding to Jakarta?s long list of problems, a city official has said that all available land for graves in Jakarta will be sold out by 2013. Read More Jakarta cemeteries will be full by 2013 Official
Bukit Asams net profit falls by 26 percent in 2010
Posted on 10. Mar, 2011 by admin in Blog News
Despite a growing sales volume, state-owned coal miner PT Bukit Asam
announced Thursday that its net profit slumped by 26 percent in 2010 to
Rp 2.01 trillion (US$228.73 million) from Rp 2.72 percent a year earlier
due to the falling domestic prices of coal. Read More Bukit Asams net profit falls by 26 percent in 2010
EU debt crisis grows as Portugal strained by debt
Posted on 09. Mar, 2011 by admin in Blog News
Europe’s government debt crisis has flared up again in the run-up to a
crucial meeting of EU leaders as Portugal had to pay 50 percent more to
raise cash in the markets on Wednesday than it had to just six months
ago. Read More EU debt crisis grows as Portugal strained by debt
Italian oil tanker seized by pirates off India
Posted on 08. Feb, 2011 by admin in Blog News
Somali pirates firing small arms and rocket-propelled grenades hijacked
an Italian-flagged oil tanker in the Indian Ocean on Tuesday, the
European Union’s antiiracy task force said. Read More Italian oil tanker seized by pirates off India
Jakarta to build six underground stations by 2016
Posted on 20. Dec, 2010 by admin in Blog News
The Jakarta government has reiterated its
ambition to build six underground stations as part of the Mass Rapid Transit
system by 2016. Read More Jakarta to build six underground stations by 2016
Mandiris LDR to reach 70 persen by yearend
Posted on 12. Dec, 2010 by admin in Blog News
The loan-to-deposit ratio (LDR) of the nation?s largest lender by
assets, Bank Mandiri, will reach 70 percent by the end of this year, lower than
Bank Indonesia?s (BI) 78 percent minimum reserve requirement level, an
executive says. Read More Mandiris LDR to reach 70 persen by yearend
Jakarta minimum wage rises by 1538 persen next year
Posted on 26. Nov, 2010 by admin in Blog News
The Jakarta Administration has
increased the provincial minimum wage (UMP) for 2011 to Rp 1,290,000, (US$120)
or an increase by 15.38 percent from the 2010 minimum wage of Rp 1,118,009. Read More Jakarta minimum wage rises by 1538 persen next year