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Archives: Economic Growth

JSI Cancel “Kuningan One Project”

Lifestyle centre projects at Mega Kuningan area, “Kuningan One” has been cancelled by the owner of the project, PT Jakarta Setiabudi International Tbk (JSI). This project is for businessman and middle up market segmentation.  “Kuningan One” is one of the projects who implementing the green concept development at 10.000 meters square for building area in the [...]

Our Economic System still Needed the Government Intervention’s

The Government of Indonesia who reprensentative by Finance Minister, Sri Mulyani said that Indonesia still can not to implementing the economic system as extrem liberalism or extrem protectiveness.  Government still needed for our economic condition to support the increase of our economic growths, especially for low economic sector.  Nothing in the world, even China who implementing the [...]

Exclusive Tax Tariff will be Increase till 200%

Government and House of Representatives has agree to discuss the new legislation draft to increase the Value Added Tax (VAT) and exclusive tax tariff.   This legislation draft will be increase exclusive tax tariff become to maximal 200 percent, while the VAT will not change and the tariff is still only 10 percent. 

In 2008, Condominium Markets Relatively Stable

Absorption for the condominium markets in Jakarta at 2008 was relatively stable, in a fourth quarter of 2008 around 1,900 units was transacted and totally almost 9,600 units of condominium were transacted on 2008 year’s.  Property developers and buyers will be carefully to consider their investment decisions due to high interest rates and tighter loan approvals [...]

Free Income Tax for Employee

Government will be implementing the fiscal stimulation and free income tax (Pph-21) for employees to increase their purchasing power.  This regulation will be implemented by the government soonly to a mass industry sector which significantly influence caused by the global crisis at now.  The government will be lost the real income around Rp. 6,5 trillion, refer to [...]

JBIC Support Energy Sector

Japan Bank for International Cooperation (JBIC) has ready to contributing their money to support energy sector at Indonesia, if Indonesia also ready to increasing gas export to Japan.  Meeting between President & Chief Executive Officer (CEO) JBIC, Hiroshi Watanabe and Vice-President of Indonesia, Yusuf Kalla (29/01/09) was discussed about cooperation energy sector between Indonesia and Japan. 

Rp. 10 Trillion for Manufacture Sector

GOVERNMENT will increase the infrastructure budgeting Rp. 10 trillion to support the manufacture sector.   This additional budgeting will be realized from the fiscal stimulation in the second phase of it.  One of the company who will be get this fiscal stimulation is heavy industry, hopely it will increase the demand of heavy industry till 10 percent. 

Property’s Sales in Jabodetabek was Decrease 8,7%

Total sales transaction of property in Jabodetabek (Jakarta-Bogor-Depok-Tangerang-Bekasi) area in 2008 was reached Rp. 11,89 trillion or decrease around 8,7 percent if we compare by the some perioed in 2007 which reached Rp. 13,03 trillion.  Executive Director of Indonesia Property Watch, Ali Tranghanda said that the decrease of property sector in Jabodetabek area is out of [...]

Agung Podomoro will Invest Rp. 800 billion in 2009

Agung Podomoro Group (APG) will invest Rp. 800 billion for 3-4 new projects on this year (2009).   Actually, for temporary their investment will not influence by global financial crisis currently.  One of these project is Cosmo Terrace Appartment at Hotel Indonesia area which initial investment is around Rp. 200 billion. 

2009, Economic Growth 4.5%

President Soesilo Bambang Yudhoyono said that our economic growth for this year (2009) estimately will be above 4.5 percent and it is the reason number to be reached by the government.  In the global crisis currently, the number’s of economic growht is a conservative target. As we know that every countries in the world also was [...]

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