Usual bullshit statistics from the investment coordination board (BKPM). January to August indeed. what we really need to see is the impact of the new "negative list" on investment for foreigners, implemented on 3rd July! i wonder why they wont release monthly figures, hmmm?? i guess investment levels are a state secret.

With 5 Months Left in the Year, Indonesia Needs 3.43 Million to Hit Targeted 6 Million Foreign Visitors in 2007. (9/7/2007) Following several pronouncements expressing confidence that the target of 6 million foreign visitors to Indonesia would be achieved in 2007, Indonesia's Minister of Culture and Tourism is now expressing some misgivings as to whether national tourism targets can be achieved.

Editorial: Amidst Bali's Current Property Boom, Our Quick Primer for Foreigners Wishing to 'Own' Property in Bali. (9/7/2007) Foreigners trying to obtain a freehold title on land in Indonesia should note that current law is abundantly clear on both the intent and letter of the law: namely, foreigners cannot directly hold a freehold title on Indonesian land.

To improve the country's competitiveness in the global garment industry, a panel of experts has called for Indonesian producers to improve their understanding of the market's needs. The experts were speaking Friday during the launch of the Indonesian Apparel Industry Networking Event, which is part of the 2007 Indonesian Textile and Apparel Fair here.

A three-day regional investment promotion expo got underway in Batam on Friday, with all 33 of country's provinces taking part in the hope of piquing the interest of investors.

Jakarta (ANTARA News/Asia Pulse) - The value of foreign direct investment in the country skyrocketed 123.16 per cent year-on-year to reach US$11.7 billion in the first eight months of this year. Implementation of foreign investment projects surged 106.8 per cent to US$8.13 billion and domestic investment jumped 171.91 per cent to US$3.57 billion, said chief of the investment board, Muhammad Lutfi.