Jakarta (ANTARA News) - A national telecommunication firm PT Mobile-8 Telecom will launch fixed wireless access (FWA) which uses code division multiple access (CDMA) technology late this week, a spokesperson said.

TEMPO Interactive, Jakarta: George Soros, Director of Soros Fund Management and the Open Society Institute, has said that reason few foreign investors are coming to Indonesia is because of the unstable economy, high corruption rate and lack of transparency.

The Jakarta Post, JakartaThe government has granted new licenses to PT Bakrie Telecom and PT Mobile-8 Telecom to provide code-division-multiple-access (CDMA) services throughout the country as part of a shakeup in the allocation of mobile telecommunications frequencies.

Indonesia's finances are expected to wrap up the year in good shape, with the current account in surplus and the budget deficit ending up within a slightly lower-than-expected range of between 1 and 1.1 percent of gross domestic product.

Jakarta (ANTARA News) - The Ministry of Finance expressed optimism that the country`s economy in 2007 will grow better than this year`s economy due to an improvement of economic fundamentals starting from the third quarter of 2006, an official said.

Jakarta (ANTARA News) - The Energy and Mineral Resources Ministry said it has awarded 18 new oil and gas contracts to eight consortia and 10 individual contractors, via direct offer.The contractors include the CNOOC-PT Gregori Gas Perkasa consortium, Star Energy Holdings Ltd.

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has called on PT PLN not to hesitate to take action in its efforts to speed up construction of power plants with a combined capacity of 10,000 MW to overcome power shortages in several parts of the country.