Originally Posted By: chewwyUKNo doubt there will be more and more stories like this one unless something is done very soon But sometimes we don't seem to want to ...I listened to something that made me very cross on Sunday morning , a guy saying that Indonesians were lazy - as I mentioned to...

All the more disturbing because Bintan was supposed to have "extra" incentives as a special "investor-friendly" zone...AND... for sure they won't be taking their business to France, the work week is below 35 hours and they're trying to lower it further.

I am not sure what the "best" solution; on one hand I believe that the government should do something to encourage foreign investors to stay and on the other hand, I thing these investors are "playing games" on who/what countries can give the most concessions.

No doubt there will be more and more stories like this one unless something is done very soon

Essar Indonesia is an affiliate company of Essar Steel Ltd. The company began commercial operations in 1997 and is one of the biggest producers of cold rolled steel in Indonesia. Dont I know it, their Cibitung Plant is 200 metres awy from the office and they have a 24/7 traffic problem with 40 foot...

The Sinar Mas Group has signed a deal with U.S. energy firm, Fulcrum Power Services, to build a biodiesel plant with an initial capacity of 400,000 tons a year, a company official said on Friday (4/5/07).

Sales of personal computers in the first quarter jumped 23% over the same period last year, reaching a total of 360,500 units, Antara reported.The increase was sharper in notebook sales, which shot up 60%, market analysts said.

PT Essar Indonesia, a member of India's Essar Group, plans to build a steel plant in West Java with production capacity of 2 million tons of billet per year, a senior industry ministry official said on Friday (4/5/07), Reuters reported.

South Korea has demonstrated its commitment to an Indonesian-Korean strategic alliance, says Trade Minister Mari Pangestu."They are not looking for incentives or special treatment. All they are looking for is clarity, information and certainty," Pangestu said Tuesday (1/5/07) after concluding the...

Indonesia requires an investment of Rp1,180 trillion next year to achieve the economic growth target of 6.7% to 7%, Coordinating Minister for the Economy Boediono said.Of the investment needs, Rp141 trillion will come from both central and regional governments and the remaining Rp1,039 trillion, or...

Indonesia's automotive and cement sectors have performed relatively well for 2007's first three months, a compilation of the latest industry figures show, which should help support higher first quarter growth on consumption and exports.

China's largest offshore oil producer by output, CNOOC, plans to build three biodiesel plants in West Kalimantan this year, a government official says.Evita H. Legowo, an assistant to the energy and mineral resources minister and also the first secretary of the National Biofuel Development...

PONTIANAK (Antara): A Chinese investor will set up three biodiesel companies in West Kalimantan that will process the province's crude palm oil (CPO) production, alocal official said on Sunday.Head of Cooperatives Coordination Agency (UKM) of West Kalimantan's Capital Investment Board (Bakomapin),...

KUALA LUMPUR (Antara): The Indonesian government has agreed to a proposal by Malaysia to set up a bilateral economic committee to handle the increasing flow of Malaysian investment funds to Indonesia."Malaysian Trade Minister Rafidah has proposed institutionalized meetings to be conducted in the...

At least 2,670 workers at foreign investment company PT Nasional Garment Bintan (NGB) in Riau Islands province face layoffs after the firm decide to close, saying local policies were not foreign-investor friendly.