Indonesian Political, Business & Finance News

Archive: 14 August 2006

3 articles found

Indonesia’s Investment Competitive Power Second Lowest in the World

Indonesia’s Investment Competitive Power Second Lowest in the World Monday, 14 August, 2006 | 17:05 WIB TEMPO Interactive, Jakarta: Indonesia's competitive power as regards an investment country of destination is evaluated as extremely low compared to other countries in the world.

Signs point to economic rebound

Signs point to economic rebound Urip Hudiono, The Jakarta Post, Jakarta A rosier economic picture is expected to emerge in the second half of the year, with increased growth forecast after a recent easing of inflation and interest rates. The rupiah also has stabilized to a rate more favorable to investment in the real sector, yet still competitive for exports, which should provide a boost to the country's main growth engine of consumption.

Workers' survival hinges on robust business, not on rigid labor rules

Workers' survival hinges on robust business, not on rigid labor rules Sahminan, Jakarta In many countries, the government is often at odds with workers. In Indonesia that situation happens, too. Recently, for example, the government draft on the revision of the 2003 Labor Law triggered the anger of workers. The workers contend that the revision is biased against them as the revision will reduce their bargaining power.