Thank fuck for that. What with Fast Net and this, surfing in Indonesia is finally getting up to speed.

Trade Minister Mari Elka Pangestu called on Indonesian and Australian businesses to diversify the types of goods and services traded between the two countries as their governments take soundings on the establishment of a free trade agreement.

PT Exelcomindo Pratama officially launched Monday a new submarine fiber optic cable network linking Batam with Johor, which gives the country's third largest mobile operator the largest telecoms backbone network in the country.

The Investment Coordinating Board (BKPM) has reported steady and sharp increases in new foreign investment approvals amid persistently negative perceptions among foreign businesspeople and analysts of Indonesia's investment climate.

Jakarta (ANTARA News) - Investment in Indonesia during the first 10 months of the year rose 113 percent from a year ago to a record 114.70 trillion rupiah (12.5 billion dollars), an official said Tuesday.

Since its establishment in June 2000, the Indonesian Business Competition Supervisory Commission (KPPU) has issued a long list of rulings. The binding rulings, which are weakly enforced, are often protested against by companies found guilty by the commission of committing monopolistic practices.

TEMPO Interactive, Jakarta: Lim Say Boon, Chief Investment of Strategist Standard Chartered Bank, said that investors’ funds that came from developed countries amounting to US$2.5 trillion have flooded the financial markets of developing countries since the subprime mortgage crisis and world oil...

Batam-based electronics component maker PT Sat Nusapersada plans to build a new factory and acquire stakes in two other companies next year to expand its operations and meet growing demand for its products, The Jakarta Post reported.

The World Bank continued to be upbeat on Indonesia’s economic prospects, with country head Joachim von Amsberg predicting expanding growth in 2008, despite global economic problems.Von Amsberg said the bank predicted 6.4% growth next year, just above this year’s expected figure of 6.

TEMPO Interactive, Jakarta: Several circles have urged the government be open in discussing the Draft of President Regulation on Modern Markets.So far the parties with interests in the policy (stakeholders) have acknowledged that they have not been involved yet as regards formulating the policy.

TEMPO Interactive, Jakarta: Health Minister Siti Fadilah Supari has acknowledged that Indonesia’s human development index is still low.Last year, Indonesia was in 108th position out of 177 countries in the world.

Jakarta (ANTARA News) - PT Astra Agro Lestari`s (AALI`s) crude palm oil production in October 2007 increased by 11.6 percent to 88,343 tons from 79,161 tons in September, a company executive said here Monday.

Denpasar (ANTARA News) - Bali`s handicraft exports to East Europe during the January-September period in 2007 reached a total value of US$2.1 million, the head of Bali`s industry and trade office`s foreign trade section, Ni Wayan Kusumawathi, said here Monday.