Indonesia's efforts to attract more investment finally appear to be on the right track, with the latest figures for both realized investment and investment approvals during the first quarter bouncing back from last year's slump.

TEMPO Interactive, Jakarta: Business groups have stated that investment growth next year will be more difficult compared to in 2007.The reason for this is that the government will still have to work hard to improve the investment climate in the short-term.

Jepara (ANTARA News) - Indonesia`s wooden furniture exports have continued to decline in volume over the past three years although world demand is increasing, Industry Minister Fahmi Idris said here on Wednesday.

TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono has called Manpower Minister Erman Suparno to report on progress regarding the preparations of the Draft Governmental Regulation on guaranteed severance pay.Erman has said that the draft is still being discussed.

Kuala Lumpur (ANTARA News) - Foreign investment in Malaysia in 2006 is five times that in Indonesia, apparently because the more advanced economic development in that country was more attractive to foreign investors.

Jakarta (ANTARA News) - Three Japanese consortia have been prequalified to bid for a railway project here worth about 6 trln rupiah.The three groups are Marubeni Corp-Tokyu, Itochu-Taise and Mitsubishi Corp.-Sumitomo Corp, XFN Asia reported citing the Transport Ministry.