Wednesday, December 12, 2007 Vincent Lingga, The Jakarta Post, Jakarta
The public debates over the role of tax holidays in attracting investment that Chairman of the Investment Coordinating Board (BKPM) Muhammad Lutfi revived last week could distract the government from the real reforms needed to reinvigorate...
Tuesday, December 18, 2007
Sunday, November 25, 2007
Anti-monopoly body shoots Temasek, hits govt
Wednesday, November 21, 2007 Vincent Lingga, The Jakarta Post, Jakarta
The market may simply ignore the Business Competition Supervisory Commission (KPPU)'s ruling against Temasek, its subsidiaries and Telkomsel. It will most likely be business as usual for Telkomsel, which was found guilty of breaching...
Oil prices only going up, analysts warn
Wednesday, November 14, 2007 Vincent Lingga, The Jakarta Post, Jakarta
Shell International BV analysts Choo Khong and Peter Snowdon forecast here Tuesday that international oil prices would go nowhere but upwards, and that fossil fuels -- oil, natural gas and coal -- would continue to dominate the...
Saturday, October 27, 2007
Antitrust body's report is an embarrassment
Thursday, October 25, 2007 Vincent Lingga, The Jakarta Post, Jakarta
After about four months of controversial investigations, a special team of the Business Competition Supervisory Commission (KPPU) has concluded that Singapore's Temasek Holdings Pte. Ltd., PT Indosat and PT Telkomsel conspired in...
Trade expo opens with an attitude of optimism
Wednesday, October 24, 2007 Vincent Lingga, The Jakarta Post, Jakarta
President Susilo Bambang Yudhoyono opened the annual Trade Expo Indonesia at The Kemayoran fair grounds here Tuesday amid fears of a weakening global economy that could dampen international demand for the country's commodities.
The...
Market mechanisms, not government, should enforce CSR initiatives
Friday, October 05, 2007 Vincent Lingga, The Jakarta Post
Good reputation in the community is a company's best defense against business risks and its strongest competitive advantage to gain market share and increase corporate value for shareholders and stockholders.
That is the most outstanding message...
Tuesday, October 02, 2007
UN, WB seem more determined to trace Soeharto's assets
Friday, September 21, 2007 Vincent Lingga, The Jakarta Post, Jakarta
The World Bank-United Nations joint initiative to help developing countries recover assets stolen by corrupt leaders could be a tremendous boost to the Indonesian government's efforts to hunt down the billions of dollars allegedly...
Tuesday, August 21, 2007
Indonesia, Japan agreement a boon for our economy
Wednesday, August 21, 2007 Vincent Lingga, The Jakarta Post, Jakarta
Japan will cut to zero import tariffs on almost 90 percent of Indonesian export commodities under the Economic Partnership Agreement (EPA) that President Susilo Bambang Yudhoyono and Prime Minister Shinzo Abe are scheduled to sign...
KPPU integrity on the line with Indosat case
Wednesday, August 15, 2007 Vincent Lingga, The Jakarta Post, Jakarta
The decision the Business Competition Supervisory Commission (KPPU) will soon make on the Indosat case will determine whether this supposed vanguard of fair market competition will be able to retain what little trust the public still...
Thursday, August 02, 2007
Bank BNI sale reinvigorates privatization program
Thursday, August 02, 2007 Vincent Lingga, The Jakarta Post, Jakarta
The government's decision to push ahead with Bank BNI's secondary offering of 3.95 billion shares despite the global rout that hit Asian stocks last Friday was the right move to reinvigorate the privatization of state companies.
Even...
tale of mistakes piled atop errors
Monday, July 23, 2007 Vincent Lingga, The Jakarta Post
In early July 1997, when the Thai baht crashed and lost more than 50 percent of its value against the dollar immediately after the Bank of Thailand floated the local unit, Indonesia was an innocent, unaffected bystander, its rupiah stable at around...
Reaffirming the ten commandments for businesses
Monday, July 09, 2007 Vincent Lingga, The Jakarta Post, Geneva
Business leaders from developing and developed countries have reaffirmed their strong commitments to conducting responsible business practices based on the UN Global Compact's ten principles in human rights, labor, environment and anti-corruption....
Biz leaders commit to sustainable development
Friday, July 06, 2007 Vincent Lingga, The Jakarta Post, Geneva
The overarching message of the Global Compact business leaders summit here is loud and clear: It is no longer sufficient for companies to make profits and comply with the laws if they are really serious about sustainable development in...
Friday, June 08, 2007
Damaging allegations and Indosat's beating
Friday, June 08, 2007 Vincent Lingga, The Jakarta Post, Jakarta The logic of sound financial management dictates that a company whose long-term debts and capital expenditures are denominated mostly in U.S. dollars but whose revenues are mostly in rupiah should hedge a good portion of its foreign currency...
Monday, May 14, 2007
Managing the problems of surging capital inflows
Monday, May 14, 2007 Vincent Lingga, The Jakarta Post, Jakarta
President Susilo Bambang Yudhoyono, Vice President Jusuf Kalla, chief economics minister Boediono and Bank Indonesia Governor Burhanuddin Abdullah asserted Friday the economy is resilient enough to weather any sudden decline in the risk...
Pressure mounts for Temasek to divest stake in Indosat
Friday, May 11, 2007 Vincent Lingga, The Jakarta Post, Jakarta
Remember Mexico's Cemex, the world's third largest cement group, which sold its 25 percent equity stake in PT Semen Gresik, Indonesia's largest cement company, to local conglomerate Rajawali in mid-2006 when Indonesia's cement market was...
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