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Batam Local government to provide 110 cattle for Riau Archipelago Hinterland

I read on this site that Batam local government shall provide 110 cattle to be provided to
Riau Archipelago Hinterland family as their economy development program.Each family that fit to the requirement, shall received 2 cows from the government. After 3 years, they shall need to give one calf back to the government. These calf then [...]

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China’s Yuan to help relieve pressure on Indonesian’s Rupiah

I read on this site that Indonesia and China sign an agreement on Bilateral Currency Swap Arrangement (BCSA). The total value of the agreement is around Rp 175 Triliun (or equivalent to US$ 14.5 Billions. Indonesia and China signed this agreement to enhance the trading volume between the two countries. In Indonesia, the mechanism of [...]

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BBK Shipyard and Offshore Industry goes to Jakarta

I read on Batam Pos Newspaper that many Shipyard companies and Offshore Industries located in Batam Bintan Karimun (BBK) shall attend an International expo called Indoshipyard and Offshore Expo 2009 in Jakarta. This expo shall exhibit in Jakarta Convention Center (JCC) from 4 until 7 Jun 2009. Aside from nationwide companies, this expo shall also [...]

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Indonesian Government to urge civil servants to use domestic products

I read on this site that Indonesian Government to urge its civil servants to use domestic products. This is step is taken by the government to enhance the performance of its national industries.
Based on statement from the director general of small and medium-sized industries, Fauzi Aziz, Administrative Reform Minister Taufik Effendi would soon issue a [...]

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SBY:Indonesia economy shall still grow by 4.5% in 2009

Susilo Bambang Yudhoyono (SBY), said on Sunday that he still convince that Indonesian Economy shall still grow by 4.5% in 2009. The Indonesian president said his confidence during the press conference held in his home, Cikeas-Bogor.
I read on this site that SBY said the following :
“We will continue to adjust from month to month [...]

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Finally, Madoff goes to jail. Who’s next?

I read on Kompas Newspaper that Bernard Madoff, finally goes to jail. For those of you who do not know who Bernard Madoff is, you can refer to this site.
Madoff, considered by many economy expert, is the major source of the economy crisis that currently hit US and then the world. His previously run [...]

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Batam 2009 - School for Free?

I read on this site about the news that the middle of 2009, the Batam local government shall free the operational cost for Elementary School and Junior High School as a realization of nationwide program of 9 years education. This is mentioned by Muslim Bidin, Batam’s Government Education Section Chief. He also mentioned that his [...]

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Strauss-Kahn : World faces “great recession”

I read on this site a chilling news about the IMF Managing Director statement that world is now facing the great recession. IMF Managing Director Dominique Strauss-Kahn released the statement during a gathering of African finance ministers in the Tanzanian capital Dar es Salaam.
There is valid data backing up his statement, for instance stock [...]

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Shall BBK FTZ regulation be released this week?

I read on Batam Pos newspaper that according to House Representatives (DPR), Harry Azhar, the Finance Minister regulation (Peraturan Menteri Keuangan-PMK) for Batam Bintan Karimum Free Trade Zone (BBK FTZ) is already affective starting this week. Harry Azhar, a politician who originated from the BBK region, said that he got the info from Anggito Abimanyu, [...]

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Indonesia’s Martha Tilaar won the Best of the Best Inovative Industry ASEAN Business Award

I read on Kompas Newspaper that Indonesian company, Martha Tilaar, has won the ASEAN Business Award as Best of the Best in Innovative Industry in big company category. The announcement was made on 27 Feb 09 in Bangkok Thailand during ASEAN Business Award ceremony.
Martha Tilaar, an Indonesian company who specialized in producing health/beauty/aesthetic products using [...]

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