Jakarta (ANTARA News) - The standard minimum wage for workers (UMP) in Jakarta will be raised by 9.95 percent next year from Rp819.100 to Rp900,560, the chief of the province`s manpower service, Rusdi Mochtar, said here on Friday."The new UMP will be implemented as of January 1, 2007," he said.

Jakarta (ANTARA News) - Industry Minister Fahmi Idris boycotted a meeting of the Indonesia-Singapore joint steering committee on the further implementation of Batam, Bintan and Karimun special economic zones here on Friday.

TEMPO Interactive, Jakarta: Investment realization from Europe on the infrastructure sector in Indonesia is targeted at 40 billion euro or around Rp464 trillion. The amount is equal to five percent of Europe's investment ability in the infrastructure sector every year at 800 billion euro.

TEMPO Interactive, Depok: An economist from Peru, who is known for his thoughts and writings on the informal economy, Hermando de Soto said poverty eradication in Indonesia can be started with the awareness of formalized property rights.

President Susilo Bambang Yudhoyono said Thursday that local administrations must share the responsibility of defeating corruption and improving the country's economy by bringing in investors.The President cited cumbersome local regulations arising from the 1999 autonomy law.

While he acknowledged that the government needs to enact further reforms to create a better business climate, Coordinating Minister for Economic Affairs Boediono said Thursday that Indonesia had gotten a positive response from foreign investors on developing infrastructure projects here.

TEMPO Interactive, Jakarta: The government is going to supervise as well as evaluate a number of regional regulations.According to Justice and Human Rights Minister Hamid Awaludin, the plan was made to synchronize legal construction of regional regulations so that they will be in line with Law...

TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono was positive that national per capita income can reach US$1,500 or around Rp13.6 million by the end of the year. The amount increases 15.4 percent, compared to last year at US$1,300 or around Rp11.8 million.

Jakarta (ANTARA News) - On the sidelines of the 2006 infrastructure summit here on Thursday, Vice President Jusuf Kalla took a few moments of his time to discuss infrastructure development with the leader of the Asian Develoment Bank (ADB), coordinating minister for economy Boediono said.

Kuala Lumpur (ANTARA News) - MTD Capital Bhd is likely to sign a toll road project agreement in Indonesia by the end of this month, the Edge Daily reported, quoting the company's managing director Azmil Khalid.

Jakarta (ANTARA News) - The infrastructure fund that the government plans to establish has attracted serious interest from investors, including multilateral agencies and private institutions, State Enterprise Minister Sugiharto said.