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Foreign Companies Treated as Locals in Merger, Acquisitions
Foreign companies would be given the same treatment as local companies when registering their pre-notification of merger and/or acquisition plan with the Commission for the Supervision of Business Competition, an official said Thursday.
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Mandiri, BCA, BNI Keep Growing Despite Crisis
Three of Indonesia’s big banks kept growing in the first quarter of this year despite the global financial crisis, posting increases in their net profits on the back of higher incomes and lower costs.
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ICC Asks RI to Join Its Ranks
The President of the International Criminal Court (ICC) Song Sang-hyun has expressed disappointment that Indonesia failed to fulfill its pledge to ratify the Rome Statute by the end of 2008.
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Indonesians Overseas Alerted Against Swine Flu
Jakarta, - The Foreign Ministry called on Indonesians staying overseas or traveling through Mexico and North American regions, or countries prone to the swine flu, or hand, foot, and mouth disease (HFMD,) to exercise caution against possible infection of the diseases.
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Public Debate Between Presidential Candidates Without Panelists
Jakarta, - The public debates between presidential and vice presidential candidates during this year's presidential election campaigns will be staged without panelists as the debates held in 2004, member of the General Election Commission (KPU) Syamsulbahri said.
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Monday, April 27, 2009
Government Issues Alert for Outbreak of Swine Flu
A string of deaths caused by swine flu in the United States and Mexico has triggered the Health Ministry to warn that immediate preventive measures must be taken to avoid an outbreak here.
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Companies to Spend Less on Capital: Survey
Forty five local firms have been surveyed on this year’s business operations amid the continuing global downturn, and the result is hardly a surprise -- more than half of them plan a cut in proposed capital spending.
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Friday, April 24, 2009
RI 'The Most Confident Country' in Facing Crisis
Indonesia boasts the highest consumer confidence index in the world, a survey by the Nielsen Company shows, effectively brushing off any threat to economic activities here from the global economic crisis.
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Sri Mulyani: Economic Programs Still Running
Jakarta, - Coordinating Economic Minister/Finance Minister Sri Mulyani Indrawati has said that various economic programs would continue to be implemented despite the social and political tensions lately.
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Rupiah Strengthens to Rp10,810 Per US Dollar
Jakarta, - The rupiah strengthened by 60 points to Rp10,810/10,820 per US dollar in the Jakarta interbank spot market here on Friday afternoon as investors began to hunt the local currency.
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SBY, JK Display Unity After Parting
President Susilo Bambang Yudhoyono led Friday a coordination meeting on elections together with Vice President Jusuf Kalla, saying their competition in the presidential race would not disrupt the ongoing governance.
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Government Reviews 22 Special Economic Zones
TEMPO Interactive, Jakarta:The government is currently the proposals of 22 provinces to set up their own special economic zones. The government, assisted by the International Finance Corporation, will consult with the provincial governments concerned to prepare the requirements of establishing a special economic zone. The government’s decision on which provinces will be given the green light is expected to be done in a fair and just manner.
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Bankers Urge Banks To Cut Interest
TEMPO Interactive, Jakarta: Local bankers association urged banking industry to cut their rates to stimulate economic growth as the central bank reduced its key interest rate by 1.25 percent since the beginning of the year.
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Wednesday, April 22, 2009
RI Attracted $2 Bln in Foreign Capital in Q1
Jakarta - As much as US$2 billion in foreign capital funds flowed into Indonesia during the first quarter of 2009, reflecting a recovery of investors' confidence in the country, a minister said.
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Tuesday, April 21, 2009
April Inflation Under Control: BPS Chief
Jakarta - The head of the Central Bureau of Statistics (BPS), Rusman Heriawan, said inflation this month could be managed well because the prices of essential commodities had remained under control.
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Indonesia Submits Ratification Instrument on UNCTOC
Jakarta - The Indonesian government submitted the ratification instrument on the United Nations Convention against Transnational Organized Crimes (UNCTOC) at a Special Treaty Event in Vienna, Austria, April 20, 2009, it was reported here Tuesday.
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Indonesia An Important Pillar in UN Mission in Lebanon
Beirut, - Commander of the United Nations Interim Force in Lebanon (UNIFIL) Major General Claudio Graziano said the Indonesian infantry reinforcement in May 2009 will make Indonesia one of the important pillars of the UN mission in Lebanon.
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RI Loses $5.4B Yearly From Bad Sanitation
The Public Works Ministry urged regional authorities Monday to accelerate the building of proper sanitation systems to prevent yearly losses of up to 2.3 percent of the country’s GDP as a result of illness.
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Government Upbeat Presidential Election to Proceed on Schedule
Jakarta, - Coordinating Minister for Political, Legal and Security Affairs Widodo AS said the government was optimistic that the July 8, 2009 presidential election could be held based on schedule despite the fact that many election problems had not yet been resolved.
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Indonesian Wins Environment "Nobel Prize"
Indonesian environmental activist Yuyun Ismawati became one of six environmentalists who received the Goldman Environmental Prize, a prestigious award often referred to as the "Nobel Prize" of environmental activism.
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U.S. Ambassador Dives Into Shark Aquarium for Earth Day 'Under the Sea'
Jakarta - The U.S. Embassy in Jakarta on Saturday organized a day environmentally-themed, youth-oriented Earth Day activities for approximately 100 Indonesian children from East and West Jakarta public elementary schools and "Rumah Kita" Indonesian Care for Cancer Foundation, it was reported here Monday.
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RI, Lebanese Military to Step Up Cooperation
Beirut -- The Indonesian and Lebanese navies agreed to increase cooperation not only in maintaining peace under the auspices of the United Nations in Southern Lebanon but in the Middle East as well.
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Kalla Most Favored Figure as SBY's Running Mate: Survey
Jakarta - Golkar Party leader Jusuf Kalla is a much favored choice as Susilo Bambang Yudhoyono or SBY's running mate in the upcoming presidential race, a survey by the Strategic Development and Policies Research Center (Puskaptis) showed.
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Wednesday, April 15, 2009
RI's Economic Growth to Rebound to 5% Next Year
Indonesia expects economic growth to rebound to 5 percent in 2010 as economic activities ease back to normal after slowing down this year, says Finance Minister Sri Mulyani Indrawati.
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It's Megawati versus SBY, part 2
Good news could be on the horizon for those fed up with the lengthy political process, with the search for coalitions among the country's power brokers likely to lead to a one-round presidential election.
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Rupiah Continues to Strengthen Early Tuesday
Jakarta - The rupiah continued to strengthen in the Jakarta interbank spot market early Tuesday and reached nearly Rp11,000 per US dollar, reflecting continued euphoria following the smooth implementation of the recent legislative elections.
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Asia Summit Must Be Held Despite Thai's Woes: RI
Indonesia wants the recently canceled East Asia Summit (EAS) to be reorganized in "due course", expressing concern over a number of pressing regional issues, including the financial crisis, which need the forum's immediate attention.
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Political Parties Advised to Respond Wisely to Poll Results
Jakarta - A political observer from the Institute of Administrative Science (IIP) called on political parties to respond wisely to the conduct and results of the recent legislative election in consideration of the nation's best interest.
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Monday, April 13, 2009
SBY Among World's 100 Most Influential People
Time Magazine has ranked President Susilo Bambang Yudhoyono as one of the 100 most influential leaders in the world in 2009, presidential spokesman Dino Patti Djalal said Monday.
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EAS Meeting Must be Held to Deal with Financial Crisis: RI
Indonesia wants the recently canceled East Asia Summit (EAS) to be reorganized in due course, expressing concern over a number of pressing regional issues, including the financial crisis, which need the forum's immediate attention.
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Time for Asia to Change Economic Constellation: Economist
Jakarta - The ongoing global financial crisis should be a momentum for Asia to change its economic constellation and to create a better economic balance in multilateral institutions such as the International Monetary Fund (IMF) and the World Bank, a senior economist said.
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Asia-Pacific Countries to Discuss Rohingya Issue in Bali
Around 40 countries in the Asia-Pacific region will convene in Bali from April 14-15 to discuss people smuggling, trafficking and transnational crimes under the Bali Process forum, amid the arrival of Rohingya boatpeople from Myanmar to Southeast Asian countries.
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Frontrunner, Underdog, Outsider and Sleeper in VP Search
In selecting his choice for vice president, President Susilo Bambang Yudhoyono may be going through the same kind of emotions many voters did in Thursday's election: spoiled for choice but limited in options. The question everybody is asking is not who can defeat the incumbent, but who will he pick as running mate? The Democratic Party's surge in the election places Yudhoyono on a parapet to set the terms for a coalition.
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Monday, April 6, 2009
Obama Declares US Not at War with Islam
Barack Obama, making his first visit to a Muslim nation as U.S. president, declared Monday the United States "is not and will never be at war with Islam."
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RI Concerned with North Korea `Satellite' Launch
Indonesia has expressed concern over the "satellite" launch by North Korea suspected internationally of being a missile test, citing the risk of "escalating tensions" in the Korean Peninsula, Indonesia said.
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Polls to Go Ahead as Scheduled on April 9 : Minister
Jakarta - Home Affairs Minister Mardiyanto affirmed here on Monday the legislative elections are to be held on Thursday (April 9) as scheduled as all regions had expressed their readiness to organize the polls.
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Indonesia 'At the Gate of Change'
A sense of optimism emanated from a discussion on the future of Indonesia in Jakarta on Saturday, although speakers agreed the country was currently struggling.
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Japanese Prime Minister Asks for Certainty in Supply of Gas
TEMPO Interactive, Jakarta:Japanese Prime Minister Taro Aso asked for certainty in the supply of liquid natural gas from Indonesia. The request, according to Japanese Embassy for Indonesia, was conveyed by Aso when he met with President Susilo Bambang Yudhoyono for 45 minutes on April 1 at the G-20 meeting in London.
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Friday, April 3, 2009
President Obama Plans to Visit Indonesia This Year
Dubai - US President Barack Obama has a plan to visit Indonesia this year, President Susilo Bambang Yudhoyono told newsmen during the flight from London to Surabaya, Indonesia, on Thursday night.
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New Economic World Order Emerges
The world’s 20 most powerful economies ended their summit Thursday with a set of measures that are hoped to function as a panacea to immediately cure the failing global economy.
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RI Asks for Fairness on Protectionism
Indonesia has asked for fair treatment concerning protective economic policies taken by developing countries in response to the global crisis, Trade Minister Mari Pangestu said Wednesday in London.
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Palestinian Ambassadors Follow Diplomatic Training in Indonesia
Jakarta, - An international diplomacy training which had been going on for almost a month now in Jakarta and in some other cities in Indonesia were followed by 23 foreign diplomats, including four Palestinians who are ambassadors to Bulgaria, Zimbabwe and Tanzania.
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Thursday, April 2, 2009
Yudhoyono: Do not Neglect Developing Countries
TEMPO Interactive, London: Indonesia is participating in the G-20 meeting to represent the interests of developing countries. "Notably, we are representing the Asian countries struggling to survive during this global financial crisis," said President Susilo Bambang Yudhoyono in London, last Tuesday (31/03).
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A Tough Test for President Yudhoyono's `Soft Power'
On Wednesday, this daily prominently featured a picture of President Susilo Bambang Yudhoyono being warmly greeted by Prime Minister of The United Kingdom Gordon Brown. The host of the G20 summit apparently expects President SBY will play an important role in working towards a successful outcome, although we are an undeniably minor player in international finance. We do not have any *hard' power, so to speak, but our President does seem to hold certain sway. He certainly did not leave a very important election campaign just to revel in pomp and circumstance. Thus, the only way SBY can save himself from being deemed a *free-rider' will be for him to try and make a meaningful contribution to the meeting of world leaders by summoning some of his oft touted *soft' power.
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Summit 'Best Solution' to Global Crisis: RI
A threatened walkout by French President Nicolas Sarkozy from Thursday's G20 Summit has not dampened hopes of developing and developed nations alike striking a deal to jointly cushion the impacts of the global economic meltdown.
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Government Targets Rp 26 Trillion From Dividends
TEMPO Interactive, Jakarta: Government have determined dividend to be collected from state companies which totalled at Rp 26,1 trillion, a government officials from the state companies ministry said on Thursday.
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Government May Buy 17 Pct of Newmont Shares
Jakarta, - The Indonesian government will possibly buy 17 percent of gold-mining compay PT Newmont Nusa Tenggara shares after its dispute with the foreign firm was settled in its favor by an arbitration court.
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RI Attending G-20 Summit in Developing Countries' Interest
London - Indonesia is participating in the G-20 summit in the interest of developing countries, especially those in Asia, that are struggling to withstand the global financial crisis, President Susilo Bambang Yudhoyono said here Tuesday evening. G-20 member countries combined account for 85 percent of the world's gross domestic product (GDP) and are home to two-thirds of the global population. They are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, Britain, the United States, South Korea, and the European Union.
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Home-Made Textile Sales in Domestic Market Up 20 Pct
Jakarta, - Domestic sales of textiles and textile products made in Indonesia in the last three months increased by about 15 to 20 percent as a result of the government's policy to tighten import of five manufactured commodities, including textile products, a textile businessman said.
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RI, FAO Agree to Overcome World Hunger
Jakarta, - Indonesia and the UN Food and Agriculture Organization (FAO) agreed to establishment in overcoming world hunger as laid down in a Letter of Intent between the two sides.
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Indonesia Wins Arbitration Verdict Against Newmont
International arbitration has ruled in favor of Indonesia in a dispute concerning the obligatory sale of an NNT stake, which has pitted the government against PT Newmont Nusa Tenggara (NNT), the local unit of the US mining giant Newmont Corporation.
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