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...

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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...

Middle East as an alternative non-tradisonal market

Indonesia Minister of Trade Mari Elka Pangestu  said on the Indonesia Trade Exbition (ITE) 2008, Middle East  is an non-tradisional Indonesia's alternative export market. This is very important, particulary for export in the period of global economic crisis...