Monday, November 23rd, 2009
Aceh province`s Sabang international seaport which is now under construction is scheduled to commence operations in 2012, the port`s administrator said.
"The project is to support the economic growth of the Sabang Free Port and Trade Area," Sabang Port Administrator Teuku Saiful Ahmad said here on Friday.
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Monday, November 23rd, 2009
Visiting Indonesian Agriculture Minister Suswono said here on Friday the government would review domestic fertilizer prices in April next year.
"Fertilizer prices in the country will be reviewed in April 2010 because the amount of state budget funds to subsidize them has decreased," the minister said.
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Tuesday, November 17th, 2009
The government is proposing an additional budget of Rp1.6 trillion to boost fish breeding in 2010 and increase its production by 353 percent in 2014, a cabinet minister said.
"The target to boost fish production by 353 percent sounds ambitious but we will boost the production of fish ponds," Maritime Affairs ...
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Thursday, November 12th, 2009
Unemployment rate in Indonesia in 2010 is estimated to still be in the range of 10 percent. Projected economic growth of only 5.5 percent were considered to be sufficient to absorb labor in the productive age.
"State budget is less clear in infrastructure improvements could not push the unemployment rate. Moreover, ...
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Friday, June 5th, 2009
While government has made commitments to extend the fiscal stimulus to businesses through import duty exemptions, not all small businesses have taken this up, as government data shows.
Of the Rp 1.76 trillion (US$174.33 million) allocated to import duty exemptions, the Customs and Excise Office has so far only granted Rp ...
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Wednesday, June 3rd, 2009
President Susilo Bambang Yudhoyono said that the Indonesian government would not use external loans to reinforce its fiscal financing although the South Korean government had offered assistance.
"If there is no urgent need, we should not necessarily borrow money although South Korea has offered us a loan," the president said here ...
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