Govt mulling incentive package to back biofuel-related projectsThe Jakarta Post, JakartaThe government is considering offering fiscal and administrative incentives to investors planning to produce biofuel as part of an alternative energy program designed to reduce the use of fossil-based fuels.

Regions told to streamline investment regulationsBenget Simbolon Tnb., The Jakarta Post, JakartaFive years after rolling out local autonomy in a bid to pave the way for better governance, regencies and municipalities should have had sufficient time by now to improve their business climates.

Rajawali aims to up SG stake after buying out CemexThe Jakarta Post, JakartaLocal investor, the Rajawali Group, which has agreed to purchase Mexican cement giant Cemex SA's stake in PT Semen Gresik (SG) for US$337 million, said it was interested in increasing its holding in the country's largest...

LG chooses RI for ASEAN refrigerator production baseThe Jakarta Post, TangerangLG Electronics Indonesia opened its second Indonesian refrigerator plant Wednesday at a cost of US$16 million in Tangerang, Banten, targeting a 160 percent increase in production to 1.5 million refrigerators this year.

Cemex to sell SG stake to RajawaliThe Jakarta Post, JakartaCemex SA, the world's third-largest cementmaker, announced Thursday it would sell its stake in Indonesia's largest cement company PT Semen Gresik SG to local investor Rajawali Group.The Mexican-based company would sell the 24.

Microsoft exec says lack of English obstacle to IT industryArya Dipa, The Jakarta Post, BandungThe poor English skills of local information technology businesspeople is a main obstacle to the development of IT-based applications in Indonesia, an executive with PT Microsoft Indonesia said Thursday.