Jakarta Proposes to be Special Economics Region Friday, 11 August, 2006 | 19:36 WIB TEMPO Interactive, Jakarta: The regional government of Jakarta Special Territory (DKI) is proposing to be Indonesia’s Special Economics Region (KEKI). Therefore, certain incentives are being considered in order to stimulate investors. “It's certainly possible (that we grant tax incentives).

Minister throws down gauntlet to corporations Urip Hudiono, The Jakarta Post, Jakarta The finance minister seems to have run out of patience with the sort of dodgy, opaque and misleading accounts that are regularly submitted by the nation's firms. Speaking at an event titled the 2006 Annual Report Awards, Finance Minister Sri Mulyani Indrawati said that a corporation had, in fact, a much easier task than the government -- which had to compile accounts for the entire country.

Govt to change meat import policy The Jakarta Post, Jakarta The government is drafting new regulations that will allow meat to be imported from some countries that have a history of foot-and-mouth disease. Agriculture Minister Anton Apriyanto said Thursday in Jakarta that with the issuance of the new regulations, Indonesia could import beef based on intra-country regions, rather than based on entire countries as was the case under the current regulations.

DPD to stage local investment forum Andi Haswidi, The Jakarta Post, Jakarta In the hope of encouraging the country's regions to become more proactive and receptive toward inward investment, the Regional Representatives Council (DPD), in collaboration with a global event organizer, will host an event titled the Indonesian Regional Investment Forum in November. "We want to make local governments more proactive and to take the initiative in encouraging inward investment into their regions.

Lessons from China's success in developing special economic zones Yuliana Bahar, Quangzhou, China The Special Economic Zones (SEZs) have served as one of China's important economic engines for more than two decades. Recently, businesspeople in India called upon their government to "carbon copy" China's SEZs, and currently Indonesia also is preparing Batam, Bintan and Karimun islands as SEZs. There are five areas designated as China's SEZs.

Indonesia says Australia's travel warning is harming economy Jakarta (ANTARA News) - Indonesian Trade Minister Mari Pangestu complained on Thursday that Australia was harming her nation's economy and deterring new investment by warning travelers of the risk of terrorist attacks there.