The clock is ticking..Happy New Year 2009

Dear Friends, May the dawning of this New Year,  open up for you new horizons,  fill your heart with new hopes and bring for you... Promises of brighter tomorrows ! Wishing you happiness and prosperity in the New Year! Image source : http://cards.webshots.com...

Export of special goods will only served by five ports

The Indonesia Minister of Transportation had issued the new regulations Number KM 55/2007 as a revised of  Minister of Transportation Regulation No. KM 55/2002 regarding of Management of Special Sea Port. Therefore Directorate of Sea Transportation - Ministry of...

Air Asia expand the flight routes

Despite the global economic crisis, Air Asia X - Malaysia cheap airline - will expand their flight route to China, India, South Korea, and Japan. Chief Executive Azran Osman Rani said this is a period of challenge for the airline industry because many countries experiencing...

Panasonic will closed 3 factories immediately

Panasonic Electric Works, a business unit of Panasonic Corp., will close their three factories in Japan and cut off around 800 employees due to the slow of economy growth which impact the demand of their products. The company that sells electrical equipment systems,...

Perum Bulog plan to export rice in the third-quarter 2009

Perum Bulog will start to export the rice in the third-quarter 2009 after obtain the certainty of rice production in 2009. The 2009 rice production is refer to forecast figures I and II of Central Statistics Agency data. Director of Perum Bulog Mustafa Abubakar said,...

Merry Christmas and Happy New Year 2009

Dear Friends, Wish you have a Merry Christmas. I sincerely bless you are healthy, happy and prosperous at all times, and enjoy your holiday getting together with families and friends. MAY THE BEST HEALTH , HAPPINESS, SUCCESS AND PROSPERITY BE WITH YOU ALL IN NEW...

Most of the airlines company add the extra flight during Christmas and New Year holiday

To anticipate the Christmas and New Year in 2009 holiday, most of the airlines company will add the extra flight. This extra flight, which was held several days ago up to early 2009 will increase around 61,492 passenger seat. Around eight national airlines has add their...

Furniture exporter aim the Middle East Market

At least 30 furniture producers in Central Java prepared to switch their export market to Middle East countries. This is to anticipate the decreasing inquiry of furniture from United States, which might decrease up to 20 percent in 2009. According to the chairman of...

Lorena Air target to have two units of Airbus A230

Lorena Airlines one of the Indonesia local airlines has not despair to bring the aircraft, although they had failed several times. This airlines must pursue this target to have the aircraft before 25 June 2009 to get a flight operator certificate - Air Operator Certificate...

Garuda Indonesia, Airline Of The Year 2008

The local magazine "Dirgantara Angkasa" had nominated Garuda Indonesia Airline as the Airline of the Year 2008. Around 10,783 people was participated in to vote and to determine the winner of Angkasa Award 2008. "This is the first time for Dirgantara Angkasa held...

South Korea company will build up the steel factory in Cilegon

One of the South Korea steel producer company - Pohang Steel Corp. (Posco) - is probing to build up a steel factory in Cilegon, Banten, with worth around US$ 5 billion. This factory will produce around 2.6 million to 3.1 million tons of steel. Posco is lobbying P.T...

Airbus will deliver 12 more A380s this year

Airbus will meet its target of delivering 12 A380 super jumbo aricraft this year, the company's chief exceutive pledged recently, brushing aside reports that manufacturing and engineering difficulties had again put the project behind the schedule. The 525-seat, A-380...

China import around 2 tons of salak fruit from Indonesia

At least almost two tons of salak fruit (also known as snake fruit ) being export from Indonesia to China every week, after China had opened their tropical import permits since 4 September 2008. According to the exporter many of China citizens are like very much of...

Lion Air will added 5 Boeing 737-900ER

The airline company Lion Air remains optimistic despite the current global crisis. They will  bringing 5 Boeing 737-900 ER aircraft until the end of December 2008 from total  178 aircraft that have been ordered. So that total Boeing 737-900 ER aircraft will...

Mandala Airline adding 4 new routes with Airbus 320

One of the Indonesia airline company - Mandala Airlines - had added three aircraft fleet of Airbus 320. These aircrafts will be used to strengthen the four new routes return once a day. "With these three aircraft, on December 2008 will add the flight frequency to Jambi,...

Changhong will invest U.S. $ 11 million in Indonesia

Changhong Group Ltd.., is China's manufacturers which produce electronic equipment, will planning to build a factory in Indonesia with worth around U.S. $ 11 million, or approximately IDR 130 billion. Chairman of the group, Zhao Yong, on the press conference last week...

Sony Reduce 8,000 Workers

Sony Corp. said on Tuesday (9/12/2008), has reducing around 8,000 employees and aslo will close several factories. This policy is part of the business overhaul in connection with the trend of declining global economy. This giant electronics producer said, planned to...

British Airways Planning to Reduce the number of aircraft and employees

The third largest airline company in Europe - British Airways Plc - will plan to cut more than 100 employees in London Gatwick airport. They plan to reduce their services by 15% in mid-2009. The number of aircraft that will operate, become more slim. From 41 aircraft,...

Tata Motors Ltd. and Mahindra & Mahindra Ltd

Indian automotive producer Tata Motors Ltd. and Mahindra & Mahindra Ltd. will close the factory for six days in December 2008 because of weak demand of vehicles which affected by the tight financing in the middle of a slowing economy. The leading vehicle manufacturers...

Neptune Orient Lines : will cut about 1,000 jobs

The container shipping industry is closely correlated to the health of the world economy. Shipping freight rates have fallen this year as major economies such as Germany and Japan slipped into recession. Major international shipping companies have already announced...

Indonesia : the largest coal producer

Until now, Indonesia and Australia is still the country's largest coal producer in the Asia Pacific region and in the future there are three major projects work on by Indonesia to develop the processing of coal, namely Coal Faction, Coal Gasifaction and UBC (Upgraded...

The Indonesia's Port Tariff Still High

The uncertainty of tariffs and components, collusion between the port providers service, and breach of the agreement on import tariffs for the service Less Container Load (LCL) is still frequently occur in the Lini II, Tanjung Priok, Jakarta. This causes had make the...

Indonesia : export value october 2008 decreased 11.61%

The Indonesia export value of October 2008 is down 11.61% compared to the previous month, or only U.S. $ 10.81 billion. It seems it because of the negative impact of the global financial crisis is really in front of the eye. "From the data clearly seen if the decline...

Indonesia trying to penetrate of Brazil and Mexico market

The Indonesia government will continue to pump out the export growth. One is trying to change the export market countries to Latin America countries such as Brazil and Mexico. As for starting to explore the market, Minister of Trade Mari Pangestu, have signed trade...

Indonesia will import Brazilian Beef

Indonesia will import a beef from Brazil by perform an examination and strict supervision. So far, a number of parties has reject the government's policy to import a beef from Brazil because this country had been affected by outbreaks of mouth and nail disease. But now,...

Recession will continue until end of 2009

German Central Bank estimates the ongoing recession in 2009, Governor Axel Weber said on Wednesday (26/11), after the government said that the depreciation can not be overlooked. "In the annual average, I now predict negative growth," Weber said in a release commenting...

eToro is a Forex Online

If you are new to stock online and want to get started in a very user friendly environment, with the option of discussing your trading with other traders, eToro would be ideal to cater for your needs. eToro Forex Trading is the next generation forex platform providing...

Indonesia will build 142 biofuel industry

Indonesia will build a 142 biofuel industry until the end of 2009 to fullfill  the vegetable fuel both domestic and abroad. The raw materials for biofuel is potential ehiugh in Indonesia, which comes from palm oil. Indonesia's CPO production each year ranges from...

Garuda : Fuel efficiency 27 Million Liter

The financial crisis which estimated become worst at 2009, has make Garuda Indonesia airlines to prepared the efficiency of fuel cusomption. The BUMN's Airline has avtur saving's plan throughout the year by 3 percent. Director of Operations of Garuda, Mr. Ari Sapari...

Air Asia X : Sales Target 1 Billion U.S. Dollar

Airline AirAsia X is targeting expansion of sales to one billion U.S. dollars at the endof 2010, although the global economy is slowing. AirAsia X is a subsidiary airline AirAsia, which serves the flight distance. "After two years of operation, next year, our sales...

Crisis, Qantas Reduce The Capacity

The Qantas Airlines has announced the reduction of capacity, which is driven by the decline in passenger demand due to the global crisis. Qantas profits are predicted decline due to of this crisis condition. "Carrying capacity of our aircraft transport in six months,...

Indonesia Export-Import is still under control

The global economic crisis that lasts up to now not affect the performance of export and import of Indonesia yet. Due to, in the short term, export import is still confident. For example, in the period of January-September 2008, the export and import reached 107.7 billion...

Riau Andalan Pulp and Paper termination 1.000 employess

Riau Andalan Pulp and Paper (RAPP) announced on Friday (21/11), forced to non-job thousand employees and impose to terminate of thousand employees. "This is to ensure the operational sustainability," said Director of Home RAPP Rudi Fajar. Related to that policy, Rudi...

Japan Airline decline the Fuel Surcharge

The Japan Airlines and All Nippon Airways decided to reduce fuel sucharge start next year. Decisions taken in line with decreasing of Avtur fuel price. In the next three months starting from 1 January 2009, Japan Airlines and All Nippon Airways will cut the tariff...

Minister of Agriculture Will Promote CPO in Beijing

Agriculture Minister Anton Apriyantono is scheduled to promote the raw palm oil (CPO) in front of government officials, businessmen and non-government organizations (NGOs) of China in a seminar "Industrial Development of CPO in Indonesia" in Beijing on 24 November 2008....

The Euro Zone are in recession

15 countries using the euro currency has been officially declared in recession in. Recessionary conditions are determined by reviewing the decline of economic growth in 2 successive quarter of the financial crisis and declining consumer price index. EU statistical...

The CPO price already hit the lowest price

At this time the raw palm oil price has predicted reach the limit  of the lowest price. Therefore, it is expected that in the last two months in 2008 the price of CPO will be increased. Acceleration of using bio-diesel and replanting of 250,000 hectares of oil...

THC should be applied in Indonesia Rupiah

Increasing of the terminal handling charge (THC), is not considered to be in line with efforts to encourage exports in the middle of a global crisis. In addition, THC, which is always paid in the U.S. dollar should be set in the Indonesia Rupiah to strengthen the national...

Sriwijaya Airline Buy 10 Boeings aircraft

Despite the economic crisis engulf the world, one of Indonesia local airline Sriwijaya Air will add as many as 10 Boeing aircraft until the end of April 2009. Sriwijaya Air President Director Chandra Lie explain to journalists in Jakarta on Tuesday (11/11), in addition...

IMF : 2009 is year of recession

International Monetary Fund (IMF), Thursday, predicted economic growth will dwindle next year under the pressure of credit that forced European banks cut interest rates tribe. In the revised economic projections which made less than a month ago, the IMF said the economy...

Emirates Airlines Added Flight to India

Starting Friday (7/11/2008), until February 2009, Emirates airlines to add 31 flights each week to India. Total capacity increased to 163 flights each week. This airline will introduce flights five times a day to Mumbai, three times a day to Hyderabad, and twice...

Singapore Airlines Net Profit Declines 36.2 Percent

The Singapore Airlines (SIA) has announced on Thursday (6/11/2008) its net profit in the second quarter of fiscal year 2008 decreased 36.2 percent from the previous year and is estimated to continue to decline because of increasing global economic crisis. Airline...

Growth of the International Passenger upset

PT Garuda Indonesia estimate, the growth of international passengers, especially the passenger who use of this airline to Indonesia, will be disrupted in 2009 as the impact of the current global crisis. "We estimate the impact of the growth of the inbound passengers...

DHL will operate the Multi-user Warehousing in Cikarang

DHL Exel Supply Chain Supply Chain, a business unit of DHL, announced the start Tuesday (4/11/2008) started operational activities in their new warehousing facility in Cikarang, West Java. Warehouse is built on land wide 32. 000 square meters in area industry Silicon...

Export Value Declines 12.23 Billion U.S. Dollar in September

Indonesia's export value in September 2008 decreased 2.15 percent to 12.23 billion U.S. dollars compared to August 2008, which reached 12.49 billion U.S. dollars. If compared with September 2007, exports increased 28.53 percent. The decrease of export value compared...