that's my point exactly....

almost all the growth is due to the strength of the domestic economy. that won't last forever.just imagine what growth indonesia could achieve if the govt/bureaucracy *did* get their FDI act together!

If they failed to reach their target in 2006, then they don't have any chance of reaching 6.3% this year...but i suppose that's still the IMF's fault.It just blows me away that a country with reverse FDI and a bankrupt govt can still achieve over 5% growth based on the sale of Indo-mie, cigarettes...

Jakarta (ANTARA News) - Having succeeded in bringing down interest rates and inflation, the real challenge for Indonesia now is to accelerate economic growth, visiting IMF managing director Rodrigo de Rato said."The need for the country to increase its growth is certainly a very important challenge.

Jakarta (ANTARA News) - A new regulation limiting refined tin exports from Indonesia should help create fairer competition globally and support the world price of tin, Thobrani Alwi, president of the world's leading tin miner, PT Timah, said.

TEMPO Interactive, Jakarta: PT Kasnic Credit Rating Indonesia will change its name to PT Moody's Indonesia. It was done after Moody's Corporation acquired 99 percent of shares of Kasnic of PT HT Capital and other local investors.Raymond W.

TEMPO Interactive, Surabaya: East Java has succeeded in achieving annual production of 1.1 million tons of sugar, or 47 percent of national production of 2.3 million tons per year.The sugar was produced by 31 sugar refineries in the province.

JAKARTA - The rise and fall of Adam Air, until recently Indonesia's most popular budget airline, has cast a harsh light on the country's weak regulatory regime and reaffirmed already entrenched foreign-investor perceptions about the private sector's often corrupt and careless business practices.

JAKARTA: Small coal-trading company PT Central Korporindo International Tbk. (Cenko) has set aside Rp 110 billion (US$12 million) for the purchase of coal and Rp 50 billion more for the completion of its coal-fired power plant at Pangkalan Bun, Central Kalimantan.The power project, which is now 85.

Two more local firms have entered the fray to win a license for the construction and operation of the US$1.6 billion Palapa Ring fiber-optic project."Previously, we had three local investors expressing an interest in participating in the project.

The Trade Ministry has issued a regulations banning the export of sand, soil and topsoil in order to protect the environment from degradation and maintain the nation's current maritime boundaries.The bans will come into effect on Feb.

Jakarta (ANTARA News) - PT Medco Energi Internasional through its subsidiaries Medco Far East Ltd and Medco E&P Malaka has taken over a more than 50 percent stake in Conoco Phillips Aceh Ltd (CPAL).Hilmi Panigoro, President Director of PT.

WASHINGTON (AFP) - The United States is looking into signing an investment treaty with Indonesia this year to set the pace for a larger free trade pact that could boost bilateral trade by up to 40 percent.

It simply blows my mind how a national carrier with a near monopoly in such a massive market can post a loss at all...They have reduced it to ONLY 33m?? Does this mean they reduced the amount of management larceny and political/military parasites recieving their retainers as well...