Indonesian Political, Business & Finance News

Archive: 28 March 2007

5 articles found

Capital Investment Draft Bill Pro-Foreign Investors

TEMPO Interactive, Jakarta: The government has confirmed that the Draft Bill on Capital Investment, which the Trade and Industry Commission of the House of Representatives (DPR) has approved, does not differentiate between local and foreign investors.

ADB: Indonesia's Economic Development Continues Improving

TEMPO Interactive, Jakarta: Indonesia’s economic improvement in 2007-2008 will continue rising.This optimism has been stated by the Country Director of Asia Development Bank (ADB) Edgar A. Chua.According to ADB's predictions, the growth in Indonesia's economy this year is estimated to reach six...

Pertamina Acknowledges LPG Scarcity

TEMPO Interactive, Jakarta: PT Pertamina has acknowledged that there is a scarcity of Liquefied Petroleum Gas (LPG) in several regions in Indonesia.Toharso, Pertamina’s spokesperson, said that the shortage of LPG supplies was because Processing Refinery Unit V in Balikpapan was carrying out...

Bill ends government railway monopoly

Under the spotlight of a massive rally in front of the State Palace, the House of Representatives approved Tuesday the rail transportation bill, allowing the private sector to take part in the rail industry.

Politics of corruption in Indonesia

JAKARTA - Indonesia's politics of corruption has always been murky, with untold billions of dollars spirited from state coffers into politicians' personal accounts during strongman Suharto's 32-year tenure.