TEMPO Interactive, Jakarta: The government is threatening to annul the third generation cellular telecommunication service (3G) frequency licenses belong to PT Hutchinson CP Telecom Indonesia and PT Natrindo Telepon Seluler if the two operators do not provide their 3G services soon.

Jakarta (ANTARA News) - Bank Internasional Indonesia (BII) has secured a Rp1.1 trillion (US$110 million) loan from IFC (International Finance Corporation), the private sector arm of the World Bank, to encourage growth of small- and medium-scale enterpises (SMEs), a spokesperson said.

Jakarta (ANTARA News) - Telecommunication operator PT Indosat`s business performance over the past nine months has experienced a backward trend.The declining trend was marked by downward gains in its net profit though its operational income was on the rise.

Jakarta (ANTARA News) - State telecommunication operator PT Indosat is planning to spend more than US$1 billion mainly on the development of its cellular services next year, its marketing director said.

Bank Tabungan Negara (BTN), a state-owned lender that focuses on providing mortgages, plans to set aside Rp 7.8 trillion (about US$855 million) to provide home loans next year to meet rising demand for housing.

The Jakarta Post, JakartaShares of PT Mobile-8 Telecom, the fourth largest of the country's mobile phone operators, jumped by 20 percent on their trading debut Wednesday on the Jakarta Stock Exchange.The company -- the mobile phone unit of PT Bimantara Citra -- saw its stock climb by Rp 45 to close...

There is still a long road to travel before Indonesia can even think of becoming a major Southeast Asian shopping destination, a mall developer has admitted."The government needs to fix the chaotic transportation system, develop infrastructure and provide tax incentives for tourists," A.

Dubbed one of the most influential business gurus, Michael E. Porter, also a distinguished author and a professor at Harvard Business School, said Wednesday in Jakarta that the Indonesian government was placing too much emphasis on the privatization program compared to removing business hurdles.

The other day Kuku and I were discussing the point that a majority of Bules in JKT were oxygen thieves. They simply don’t perform at the level expected. They are brought in as Bules to over perform, and mentor and lead the locals.

Originally posted by: chewwyUKwhat a load of bollocks! There may be loads of unskilled workers available in Indonesia but at management level there is a massive shortage of talent and companies find it difficult to replace people when they leave i agree.

"If those with jobs want to exercise their rights and be treated as equals then they risk being shown the door. Outside is a queue of desperate hopefuls who’ll be happy with less money and will promise to never complain.

© Duncan Graham 2006A major private bank in Indonesia has just abandoned one of its public relations activities.Since 2002 the bank has been sending welcome letters and useful information to selected top-end customers.