Indonesian Political, Business & Finance News

Archive: 30 August 2006

3 articles found

Indonesia Not Yet Japan's Main Investment Destination

Indonesia Not Yet Japan's Main Investment Destination Wednesday, 30 August, 2006 | 15:06 WIB TEMPO Interactive, Jakarta: Indonesia is not yet Japan's main destination as regards investment despite the fact that Japan is the largest investor in Indonesia. Trade Minister Mari Elka Pangestu has stated that now the value of Japan's investment in Indonesia is not as large as the one before the economic crisis occurred. “Japan prefers China, Vietnam and Thailand.

Investment permits in Indonesia complicated : British envoy says

Investment permits in Indonesia complicated : British envoy says Makassar, South Sulawesi (ANTARA News) - British Ambassador to Indonesia Charles Humfrey CMG considered the process of obtaining foreign investment permits in Indonesia was still complicated with long bureaucracy.

Pertamina starts to feel pinch of 'free market'

Pertamina starts to feel pinch of 'free market' Benget Simbolon Tnb., The Jakarta Post, Jakarta State-owned oil and gas company Pertamina has begun to feel the pinch of increasingly steeper competition in the oil and gas sector following the issuance of a 2001 government regulation that stripped the company of its monopoly, A subsequent government regulation, issued in 2003 and changing Pertamina into a pure business entity, has added to the pressure on the company to transform itself into a...