Indonesian Political, Business & Finance News

Archive: 30 May 2007

4 articles found

RI on the outs with tourists: Survey

Indonesia fares poorly in a survey on the most popular tourist destinations in Asia, being ranked outside the top ten and way behind Thailand, Japan and China, which were named the top-three destinations. Natural disasters, terrorist attacks and travel warnings are among the reasons for people's reluctance to visit Indonesia, the survey found. The survey was conducted by Visa International in cooperation with the Pacific Asia Travel Association (PATA).

Mobile-content industry looks promising

With Indonesia's mobile-phone market being one of the biggest in the world, coupled with the increasing availability of 3G services, the country's content industry appears to have a promising future.

Housing and apartments pace property growth

Despite modest growth in office and industrial property sales, the residential-property sector has shown substantial improvement. Although economic growth has been improving, data from Procon Indah shows quite a disappointing picture for office and industrial-estate rentals. The take-up rate for industrial estates experienced a decrease of 65 percent compared to last year, while office rentals only showed 27 percent growth. Why have these subsectors been performing so badly?

Govt should be more active in creating conducive investment climate

Jakarta (ANTARA News) - The government should be more active in creating a conducive investment climate in the country, otherwise Indonesia will be lagging behind other countries which are currently intensifying the promotion of themselves as interesting places for investment. "We can learn from the property sector in Singapore capable of luring buyers from Indonesia.