Both local and foreign investors are seeking clarification from the government on its commitment to providing a more conducive investment climate amid growing demands for the expansion of the business sectors that are closed to foreign investors.

JAKARTA - After heavy government lobbying, Indonesia's central bank (BI) has agreed to roll back lending restrictions imposed on the banking sector in the wake of the 1997-98 Asian financial crisis and promote new bank lending targets for small and medium-sized enterprises (SMEs).

With the enactment of the new Investment Law, the central bank says it expects that Indonesia will be able to attract more foreign direct investment (FDI) -- rather than just portfolio investments -- so as to produce higher and more sustainable growth this year.

JAKARTA (AP): An American gold mining executive said Friday investors were closely watching to see if he would be found guilty of dumping dangerous levels of mercury and arsenic-laced waste into an Indonesian bay, sickening villagers.Richard Ness, president director of Newmont Mining Corp.

TEMPO Interactive, Jakarta: The Central Bureau of Statistics (BPS) said that the unemployment rate in 2006 decreased compared to previous years. The drop in unemployment was seen after the BPS surveyed the national work force in February 2007. “The unemployment rate was down.

TEMPO Interactive, Jakarta: Financial market analyst Reza Wibawa has asked Bank Indonesia (BI) to curb the improvement of the rupiah so that there will not be a sharp sudden increase of rupiah currency.

TEMPO Interactive, Jakarta: Despite the previous proposal of state co-financing being rejected, PT Adhi Karya is expecting that it can get state co-financing from the government. This is considered as extra capital for the company.

TEMPO Interactive, Jakarta: The implementation of sanctions over industry that produce pollution will be more effective than a moratorium of new vehicle manufacturing. Industrial pollution, said former Coordinating Minister for the Economy Rizal Ramli, was one the causes of the green-house effect...