The government has proposed to the House of Representatives a cut in the volume of subsidized fuel to 19.9 million kiloliters, down from 46.79 million kiloliters in 2014. Energy and Mineral Resources Minister Sudirman Said in a working meeting with the House’s Commission VII said the proposed cut followed the scrapping of subsidies on Premium …
Kategori: Business English
RI resumes search for AirAsia crash victims
Rescuers on Sunday resumed their search for 86 victims still missing from the AirAsia plane that crashed on Dec. 28, 2014, with 162 people on board, an official said. National Search and Rescue Agency (Basarnas) chief Bambang Soelistyo said last week search and rescue teams were being given two days’ break after weeks searching in …
Wika seeking to double number of overseas contracts
State-run construction firm Wijaya Karya (Wika) is looking to double its overseas contracts to about Rp 4 trillion (US$314 million) this year from Rp 1.8 trillion with the recent signing of new contracts in Malaysia and the Middle East. Wika corporate secretary Suradi said the new overseas projects would include a superblock in Kuching, Malaysia, …
China’s manufacturing gauge falls to 28-month low
A gauge of China’s manufacturing activity fell to a 28-month low in January amid economic slowdown, according to official data Sunday, although January typically is a month of slower activities as China’s factories prepare for the upcoming Lunar New Year celebrations. gauge – a device for measuring the amount or size of something China Federation …
US apple recall applies only to one producer
American apples are safe for consumption as the US apple recall applies only to one producer, the US Embassy in Jakarta has said. The embassy said in a statement that Bidart Bros voluntarily recalled Granny Smith and Gala apples because environmental testing revealed contamination with Listeria monocytogenes at the firm’s apple-packing facility in California. “The …
RI to double fish farming production in five years
The government has set a target to achieve 31 million tons of fish from farming in 2019, a two-fold increase compared to the archipelago’s yearly production. “In the next five years, [we aim] to jack up fish farming production to 31.3 million tons [per year], valued at Rp 365.8 trillion [US$28.67 billion],” said Coordinating Maritime …
Gemstone fever hits Jakarta
When Aris, 40, a Jakarta-based insurance company employee, went to East Kalimantan five months ago to visit a miner client, he was astounded by the sight of a rock outcrop at a coal mine. The client gave him a small piece of raw gemstone found at the site as a souvenir. “After I had the …
Prostitutes smash streetlamps with slingshots
Frequent passersby may have often wondered why the leafy junction under Jl. Sentra Primer flyover in Pulogebang, near the East Jakarta mayor’s office, often goes without adequate light. The place is well-known for transvestite prostitutes soliciting clients. slingshot – a Y-shaped stick with a piece of elastic fixed to the top parts, used esp. by …
Governor Ahok to use e-money to defeat Jakarta’s hoodlums
In his war against hoodlums, who have for decades controlled the lucrative parking and street vendor business in Jakarta, Jakarta Governor Basuki “Ahok” Tjahaja Purnama launched on Thursday an electronic-payment system for parking, street vendors and microentrepreneurs operating on sidewalks and city facilities. hoodlum – a criminal, esp. one who is a member of a …
Economy in brief: Pindad spends Rp 700b to improve capacity
State-owned weapons manufacturer PT Pindad said it had allocated Rp 700 billion (US$55.5 million) in state capital injection to improve the production capacity of its weapons and ammunition division. Pindad president director Silmy Karim said the funds would be used to modernize Pindad’s manufacturing equipment so that its production quality and capacity could increase. “Along …