i can see a gross over-supply situation occurring very soon ...

PT Bakrie to build 11 more apartment towers in Jakarta Jakarta (ANTARA News/Asia Pulse) - PT Bakrie Swasakti Utama (BSU) plans to build 11 apartment towers in the Rasuna Epicentrum, Jakarta with an estimated investment of Rp2.2 trillion (US$244 million). Currently the subsidiary of Bakrieland Development is building two 36-floor apartment towers estimated to cost Rp300 billion in the 11.7 hectare Rasuna Epicentrum area.

RI to form investment policy committee Canberra (ANTARA News) - The Indonesian Government will set up a Committee of Investment Policy before the end of this year. "The formation of the committee was proposed by the coordinating minister for economic affairs. We have discussed it and agreed that such a committee is needed to be formed," Indonesian Trade Minister Mari Elka Pangestu said after attending a business forum of Indonesian and Australian businessmen in Brisbane, on Wednesday.

Still a long way before biofuel is on the market Novan Iman Santosa, The Jakarta Post, Jakarta Imagine a world where a farmer could extract oil from his own crops, like palm, soy or peanut oil, and fill up the tank of his tractor. There would be no need to stop by at the gas station for petroleum-based fuels.

Australian Investors Complain About Regional Autonomy Wednesday, 09 August, 2006 | 20:21 WIB TEMPO Interactive, Jakarta: Australian investors are complaining that such matters as regional autonomy and the weak coordination among governmental institutions are the greatest obstacles as regards investing in Indonesia.