TEMPO Interactive, Jakarta: The economic policy package launched by the government yesterday (12/6) is considered not to have touched the real sector.According to an economist who is a member of Indonesia's Awakening Team, it is not a policy package but rather bureaucracy routineness.

Published: June 12 2007 15:54 | Last updated: June 12 2007 15:54Indonesia is planning to roll back some of the powers granted to local authorities under a seven-year-old regional autonomy scheme because they are negatively affecting investment and infrastructure development, the country’s chief...

The government will invite bids in August for five geothermal projects as part of the effort to boost electricity supply in less-developed regions, says an official.The projects will have an estimated combined capacity of 455 megawatts (MW), comprising 160 MW in Seulawah, Nanggroe Aceh Darussalam,...

In addition to increasing the export duty on cooking oil, the government is also considering requiring CPO producers to sell a certain portion of their output on the domestic market to help bring down the price of cooking oil, which uses CPO as its main raw material.

The Riau Islands provincial administration has offered the Haj Fund Board of Malaysia the opportunity to lease one of its islands for development.Riau Islands Governor Ismeth Abdullah made the offer Monday to Minister in the Department of the Prime Minister Abdullah Mohammad Zein, during a ceremony...

The government finally unveiled Tuesday its long-awaited package of new economic policy reforms that will, among other things, provide tax incentives for publicly listed companies and facilitate easier access to bank loans for small and medium enterprises (SMEs).

Jakarta (ANTARA News) - The government is encouraging investors to set up cement factories outside Java on the ground that demand for the commodity in the other islands is high but often not met, an Industry Ministry official said.