Extracted from East Asia Update report from World Bank http://siteresources.worldbank.org/INTEA...ate-Nov2007.pdf Indonesian Investment Climate The last six months have witnessed a pick-up in the momentum of growth. After a moderate slowdown in 2005, economic growth in Indonesia has increased appreciably. By 2Q 2007, year-on-year growth was up to 6.3 percent compared with 5 percent in early 2006.

Indocomtech 2007, the biggest computer exhibition to take place in Jakarta this year, opened Wednesday with the organizing committee saying it hoped to triple sales revenue compared with last year. Over 300 participants are taking part in the expo, which runs from Nov. 14 through 18 and features a comprehensive range of hi-tech gadgets and gizmos, including computers, laptops, PDAs, computer software, printers and digital cameras.

Indonesia's mobile-phone tariffs, now among the highest in Asia, are expected to fall by between 20 percent and 30 percent in the new year, with the coming into effect of new tariff regulations. Heru Sutadi, spokesperson for the Indonesian Telecommunications Regulatory Body (BRTI), said Wednesday that the tariff cuts were likely as the new regulations would overhaul the pricing formulas and introduce tariff caps.

Jakarta (ANTARA News) - Vice President Jusuf Kalla has proposed the revision of Government Regulation No 6/2006 on management of central and regional government-owned property to support the government`s program to accelerate development of flats, a cabinet minister said.

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said the era where businesses thrived on governmental facilities and collusive dealings was now over. "The era of government-facilities-oriented and collusion-based business has passed," he said when opening the seventh national conference of the Indonesian Woman Entrepreneurs Association (Iwapi) here on Wednesday.