Proposed changes to the system of mining licenses are in the final discussion process in parliament, an Indonesian government official said Tuesday (8/5/07). The proposed changes are expected to address tension among national and local authorities for control over gold, coal, nickel and copper...

The province of Bali is expected to begin the development of a 400-MW thermal power plant (PLTU) around Celukan Bawang port, Buleleng district, in an effort to anticipate a power crisis in the island, Asia Pulse reported.

Indian motorcycle maker TVS is set to produce various types of motorcycles for the Indonesian market at its recently completed assembly plant in Karawang, West Java, the company's chief executive officer for Indonesia said, according to Asia Pulse.

The volume of sales of motorcycles rose about 15% in April from a year ago, industry data showed, as the sector continued to recover from a slump in 2006.Data from three major manufacturers, obtained by Reuters from an industry source on Tuesday (8/5/07), showed Honda, Yamaha and Suzuki, which...

Implementation of the government's oil palm plantation revitalization program on 2 million hectares of land in 2007-2011 will require the employment of about 340,000 people, an Agriculture Department official said.

The government has opened its railway sector to domestic and foreign investors to spur development of the country's train network, Bisnis Indonesia reported on Tuesday (8/5/07).Foreign investors can now own up to 95% of companies providing train services, the newspaper quoted Transportation...

The Indonesian equity market, despite being huge in capitalization, is still largely untapped as an alternative source of investment, economists said at a seminar on the weekend.Mohammad Ikhsan, an economist from the University of Indonesia, said the capital market is the ideal financing source for...

Indonesia will soon acquire an additional image. On May 4, The Jakarta Post reported that the country would enter the Guinness Book of World Records. We will be branded as the country that manages to destroy its forest at a pace unbeatable by any other nation.

The new transportation minister must reform the ministry's bureaucracy to improve the safety and services of all modes of transportation, an activist and expert said Sunday.Sudaryatmo of the Indonesian Consumers Foundation (YLKI) said new Transportation Minister Jusman Syafii Djamal needed to fix...

President Susilo Bambang Yudhoyono, Vice President Jusuf Kalla, chief economics minister Boediono and Bank Indonesia Governor Burhanuddin Abdullah asserted Friday the economy is resilient enough to weather any sudden decline in the risk appetite of foreign portfolio investors, as the rupiah fell...

JAKARTA (JP): On the surface, Indonesia's banking sector appears to be on the right track, with first-quarter results in lendings, assets and profitability all having improved from last year.Yet a closer look at the figures reveals several troubling facts that could offset its achievement.