TEMPO Interactive, Jakarta: The Zoning Decree that Parliament passed on March 26 regulates the zoning of modern market.As for more-detailed arrangements, they will be included in the regional zoning made by regional governments.

TEMPO Interactive, Jakarta: Transportation Minister Hatta Radjasa has threatened to take over the airport rail link in Jakarta if no progress were not made by the end of 2007.“We cannot wait. It is urgent,” he said on Friday (04/20) at his office, Jakarta.

State gas distributor PT Perusahaan Gas Negara (PGN) said it has signed an agreement with PT Telkom allowing the state telecommunications company to utilize spare capacity on PGN's optical fiber network, XFN-Asia reported on Tuesday (17/4/07).

Indonesia is scheduled to host the ASEAN Tourism Investment Forum (ATIF) in Bali on September 20, the Tourism and Culture Department’s Director General for Tourist Destination Development Sambudjo Parikesit said on Tuesday (17/4/07).

The government licensed Rp10.5 trillion ($1.1 billion) worth of investment proposals in Bali last year, confirming investors' high interest in doing business in the island.The investment proposals consisted of domestic investment worth Rp8.

The government hopes to see new investment of $562 million in the country's electronics and information technology sector this year, Antara reported on Wednesday (18/4/07).The additional investment will be needed to keep pace with an estimated 10% annual increase in the domestic consumption of...

The government has not received any formal proposals to tighten foreign ownership limits of companies in certain sectors, an official said Wednesday (18/4/07)."There's no decision on it, and we are still far away from a decision," National Investment Coordinating Board (BKPM) chairman Muhammad...

Indonesian Finance Minister Sri Mulyani Indrawati has pledged to continue a fight against tax fraud in the world's most populous Muslim country.In an interview with The Wall Street Journal, Indrawati said getting more Indonesians to pay tax was a key step to reducing Indonesia's traditional...

slightly off topic here but does anybody know the latest with carrefour in Bali? They have built the mothership of all supermarkets but havent opened the doors. My guy thinks it is something to do with the policy of having to employ 20% of staff from local community.

Indonesia's banking sector has shown signs of healthy growth with continued increases in lending during the first quarter of this year after a sluggish performance in 2006, the latest survey from the central bank shows.

Famous for their resilience, with only two years having passed since the tragic Aceh tsunami, the people of Aceh are already anxious to move forward and make Aceh the next destination for local and foreign investment.

Modern retail outlets in the country such as hypermarkets and minimarkets do not pose any threat to wet markets and traditional grocery stores despite their massive expansion during the past two years, a survey shows.