Consumers feeling more confident The Jakarta Post, Jakarta After having their purchasing power curtailed by last year's fuel price hike, consumers in the country now appear to see brighter prospects for the future. The latest survey by Australian-based Roy Morgan Research shows the confidence index of Indonesia consumers in the period from April to June had improved slightly by 1.5 points to 109.3, from 107.8 in the previous quarter.

Bumi turning off investors, say analysts The Jakarta Post, Jakarta The Bakrie family-controlled PT Bumi Resources' much-hyped deals that then flop are costing investors and may have tarnished the image of Indonesia's stock market, market regulators and analysts say. Jakarta Stock Exchange (JSX) president Erry Firmansyah warned that publicly listed companies which showed a lack of commitment and dirtied the water of their corporate action plans would only be punished by the market.

Business Climate Needs Improvement Friday, 08 September, 2006 | 16:26 WIB TEMPO Interactive, Jakarta: Muhammad Luthfi, Head of Capital Investment Coordinating Board (BKPM), acknowledged the lessening of Indonesia’s business climate rank has not yet able to match other countries’ performance such as Singapore. That country quickly shows progress in investment climate improvement. “They are definitely faster than Indonesia.

Indonesia Dominates Singapore’s Apartments Friday, 08 September, 2006 | 16:37 WIB TEMPO Interactive, Jakarta: Indonesia dominates the purchase of apartments in Singapore. Based on the result of Center for the Study of Indonesian Property (PSPI), purchases by Indonesians reach 40 percent of the total apartment purchases by foreigners in that country. “The remaining buyers are from China, Thailand and Malaysia,” Ali Tranghanda, Director Executive of PSPI, told Tempo yesterday (7/9).

Chief minister: investment ranking not a goal Jakarta (ANTARA News) - Coordinating Minister for the Economy Boediono said here on Thursday that the government would not pay too much attention to a ranking set by a certain institution that caused the country to remain as a not interesting place to do business, but would rather concentrate on implementing policies to improve investment climate. "Ranking is not our ultimate goal.

RI ranks low on WB investor-friendly list Urip Hudiono, The Jakarta Post, Jakarta With its reform drive lagging behind expectations, Indonesia remains one of the most difficult places in the world to do business, and it may be getting worse, the latest report from the World Bank shows.