TEMPO Interactive, Jakarta: Directorate General of Customs and Excises at the Department of Finance is asking the Department of Trade to improve permit issuance for importers to Indonesia. So far, the importer's permit has been so lax that the potentials of smuggling and state injury grow larger.

TEMPO Interactive, Jakarta:Oil and condensate production up to March 2007 has not yet reached the target in the 2007 State Budget of 1.05 million barrels per day. Oil production is only 966,449 barrels per day.

TEMPO Interactive, Jakarta: US oil and gas company Powder River Basin Gas Corp (PRVB) has offered Indonesia to invest in a retail scale oil exploitation and manufacturing project in Saltdome, Texas, the US.

TEMPO Interactive, Jakarta: Coordinating Minister for the Economy Boediono estimated that the improvement of Indonesian economics will only be restricted to 2008. In 2009, the government and legislative members will focus on political issues instead of economic ones.

India's Tata Power Company Limited (TPCL) raised many eyebrows here by agreeing to acquire 30 percent stakes in Indonesia's top coal-mining firms -- PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia -- for US$1.3 billion.

In the early 1990s, India adopted the "Look East" policy to enhance its engagement with the dynamic East and Southeast Asian regions. After 15 years, Indians are not only looking at Southeast Asia, but are actually coming to the region in a big way.

Monday, April 02, 2007DAVID SCHRIEBERDO EXECUTIVES REALLY WANT FEEDBACK? © Duncan Graham 2007Memo: All managers:"Do not copy US management texts. Write your own. Put advice in the context of Indonesian case studies. Local solutions can only come out of local cases." David Schrieber, consultant.

Newmont may re-evaluate Indonesian investment if exec found guilty in Buyat Bay gold trialNewmont Mining, as well as other overseas mining companies, may need to evaluate future Indonesian investment risks should Newmont executive, Richard Ness be found guilty in Buyat Bay pollution case.