Government Targets Investment Bill Completed in November Friday, 15 September, 2006 | 16:45 WIB TEMPO Interactive, Jakarta: The government targets the Investment Bill to be completed in November. Fahmi Idris, Industry Minister, said he has met several investor candidates and foreign financial organizations including Germany’s Deutsche Bank who conveyed their commitment to invest in Indonesia.

Trading the nation's future for false sense of security John Riady, Jakarta President Susilo Bambang Yudhoyono's confidence-inspiring speech last week at the Forbes Global CEO Conference in front of more than 400 top business leaders received a standing ovation. He spoke eloquently, tackled the key points, and even exposed himself to a grueling Q&A session -- something his predecessors would never have done. There is, however, a piece of the puzzle missing.

‘Indonesian Power’ Proposed to be State-Owned Company Friday, 15 September, 2006 | 15:38 WIB TEMPO Interactive, Jakarta: PT Indonesia Power is proposed to be a state-owned company and no longer to be the subsidiary of PT PLN (Persero). It is aimed at cutting bureaucratic ties and making it easy to acquire investment funds. Nursyirwan, the Generator Expert at PT Indonesian Power, has said that the separation facilitates development of the company.

Country better under Yudhoyono: Survey The Jakarta Post, Jakarta In contrast to Indonesian pollsters who have recently reported poor approval ratings for the Susilo Bambang Yudhoyono administration, an Australian pollster said Thursday the public felt the government had done a good job of improving conditions in Indonesia.

Indonesia begins rolling out 3G service: report Indonesia has begun rolling out its first-ever third generation (3G) cellular services, a report has said. Telkomsel, an associate company of Singapore Telecommunications, began offering high-speed wireless service for mobile phones on Thursday after a successful trial in August, the Jakarta Post reported.

1st Indonesian-developed satellite to be launched in Oct. The Indonesian National Aeronautics and Space Agency (Lapan) is expected to launch the first Indonesian-developed satellite next October, a milestone that will put the country on the world map of space technology.

Indonesia VP: IDR500 Trillion Infrastructure Operations Offered In Nov JAKARTA -(Dow Jones)- The Indonesian government will offer domestic and foreign investors infrastructure investment projects valued at IDR500 trillion at a conference in November, Vice President Jusuf Kalla said Friday. That figure includes IDR70 trillion in investments to upgrade the country's electrical power grid, IDR50 trillion for road construction and IDR50 trillion for housing construction, Kalla told reporters.