TEMPO Interactive, Jakarta: The government prioritizes the increase of investment at border areas in Eastern Indonesia. This program is being carried out through sub-regional economic cooperation with Brunei Darussalam, the Philippines and Malaysia.

Jakarta (ANTARA News) - The Indonesia-Japan Joint forum has agreed to increase Japanese private investment in Indonesia with priority to four industries, namely the electronics, automotive, textile/clothing and support industries.

Jakarta (ANTARA News) - The Indonesian Cooperatives Council (Dekopin) rejects foreign investors` involvement in the development of oil palm, castor oil and other plantations in Indonesia to avoid foreign domination of land cultivation in the country.

Jakarta (ANTARA News) - Bank Indonesia (BI) would continue paying close attention to market developments to anticipate capital outflow following the central bank rate`s further decline to 10.25 percent, an official said.

Nowadays, franchising is no longer synonymous with overseas brands.In fact, there is an increasing number of local players using franchising to expand their businesses. Indeed, a number of indicators show that the expansion of local franchise businesses is exceeding that of their foreign...

PT International Nickel Indonesia (Inco) said Monday (30/10/06) its net profit nearly doubled to $124.6 million in the third quarter of the year from $62.4 million a year earlier due to higher nickel prices.Sales during the July to September period rose to $307.6 million from $219.

PT Telkom posted a better-than-expected 82% rise in quarterly net profit on Tuesday (31/10/06) on strong performance by its mobile unit, which is seen driving growth for the rest of the year, Reuters reported.Telkom, with a market capitalization of about $18 billion, booked a net profit of Rp3.

Indonesia sought to reassure investors attending a key infrastructure summit that the government is fighting hard to end corruption and slash red tape in the country.Hundreds of foreign and domestic investors attended the event at which 111 projects worth $19.

The three-day infrastructure conference received a ‘positive response’ from international investors, Coordinating Minister for Economic Affairs Boediono said Thursday (2/11/06), the second day of the conference.

Indonesia's efforts to protect intellectual property rights have finally borne fruit, as the U.S. Trade Representative (USTR) announced an upgrade of the country's status in the fight against piracy Monday.The Special 301 review, an annual process conducted by the U.S.

Ridwan Max Sijabat, The Jakarta Post, Soroako, South SulawesiRaising the legal minimum wage by around 10 and 15 percent in Jakarta and West Java will not be enough to improve conditions for low-income workers next year, unions say.

Nowadays, franchising is no longer synonymous with overseas brands.In fact, there is an increasing number of local players using franchising to expand their businesses. Indeed, a number of indicators show that the expansion of local franchise businesses is exceeding that of their foreign...

Corruption in Indonesia? NOOOOOO!!!!......... Here's what I learned about corruption in Jakarta; don't go around in a Silver Bird after 9pm! I know, it's just the tip of the iceberg...

Jakarta (ANTARA News) - Corruption is still seen as endemic in Indonesia despite a high profile war against graft, a new survey shows.The country ranks among the world's most corrupt nations despite President Susilo Bambang Yudhoyono's pledge to eradicate graft, Transparency International (TI) said...

TEMPO Interactive, Jakarta: Foreign investors are only interested in one out of all the projects that the Department of Transportation offered at the Indonesia Infrastructure Conference and Exhibition 2006 last week in Jakarta.

TEMPO Interactive, Jakarta: PT Telekomunikasi Indonesia Tbk (Telkom) will take part in the fiber optic network construction tender valued at US$1.5 billion, or around Rp13.65 trillion, which will be offered in October of next year.