Originally Posted By: KuKuKaChu Bajaj expanding business "In few years to come, we'll be focusing on brand building, service network and distribution to tap Indonesia's sport motorcycle market," he said. They should make a sports Bajaj with Carlos Fandango Superwide wheels

The Indonesian and Indian governments are exploring the possibility of establishing free trade cooperation with the fixed target of increasing the value of their bilateral trade to $10 billion by 2010, Asia Pulse reported Wednesday (16/1/08). "We gave ourselves six months to complete a joint feasibility study (on the intended free-trade cooperation)," Indonesian Trade Minister Mari Pangestu said after a meeting with some 200 Indonesian and Indian business people in India Tuesday.

Publicly listed property company PT Ciputra Property plans to invest Rp7 trillion ($747.36 million) in an integrated shopping mall, hotel and apartment project in Jakarta, Asia Pulse reported Wednesday (16/1/08). Company president Candra Ciputra said the project, Ciputra World, is to be completed in 2010 and will be built in three phases. The company hopes to post Rp750 billion ($79.5 million) in revenues this year, up from Rp280 billion last year and Rp268.87 billion in 2006.

The Jakarta International Container Terminal (JICT) will expand its 72-hectare container yard by 12.4 hectares to increase its storage capacity by 57% to 55,000 ton equivalent units (TEUs), The Jakarta Post reported Thursday (17/1/08). The terminal, at Tanjung Priok port in North Jakarta, will also procure handling equipment, build a road access to the Jakarta Outer Ring Road and create additional entry and exit gates for a total investment of $150 million.

Foreign investment inflows to Batam Island in Riau Islands province last year jumped 56% to $288.52 million from $184.99 million a year earlier, the Batam Authority said in a statement on January 11, Asia Pulse reported.

Consumer confidence index fell to a three-month low on concern fewer jobs and the possibility of higher food prices will erode incomes, a central bank survey said, Bloomberg reported Monday (14/1/08). The index dropped to 99.1 last month from 101.3 in November, according to Bank Indonesia, which surveyed 4,350 households in 18 major Indonesian cities. A reading below 100 indicates pessimists outnumber optimists.

Agustina Wayansari, The Jakarta Post, Jakarta Business players and local authorities are concerned that inadequate government planning for this year's international Visit Indonesia tourist campaign has left them without enough time to prepare. President of the Indonesian Hotel and Restaurant Association for the Jakarta chapter, Krishnadi, said Monday ambitious targets for tourist arrivals weren't in line with official preparations.

The Jakarta Post, Jakarta Motorcycle maker PT Bajaj Auto Indonesia is trying to increase its sales of sports motorcycles in Indonesia by launching new products this year, with an intention of establishing a new production plant next year. Sales and marketing director Dharmesh K. Banerjee told The Jakarta Post at the launching of a new product, Pulsar 200 cc DTS-i, on Monday that the company would launch two more new products in the second quarter.

The National Biofuel Development Committee will propose legislation on mandatory use of biofuel in industry before its tenure ends in August, the chairman said. Alhilal Hamdi told The Jakarta Post on Monday the committee was coordinating with the government to determine what level of consumption should be mandated.

Hans W. Vriens, Singapore Indonesia's transition in the last ten years since the country was hit by the Asia's financial crisis has been such a remarkable success that some people see the emergence of a "democratic Indonesian tiger". The combination of political democracy and rapid economic growth appears to be within Indonesia's grasp.

The government has scrapped the 10 percent import duty on soybeans to help curb the rising price of the commodity in the local market. "The decision, effective Monday, is part of the government's short-term policy to overcome the surging soybean prices," said the deputy minister for agriculture and fishery at the office of Coordinating Minister for the Economy Bayu Krisna Murthi.

Monday, 21 January, 2008 | 17:19 WIB TEMPO Interactive, Jakarta: M. Lutfhi, Head of the Investment Coordination Agency (BKPM), has said he is concerned that the economic recession in the United States will threaten the continuity of domestic industries, especially machine-based manufacturing industries. “The connection is in fact not direct,” said Luthfi in Jakarta last weekend.

 Originally Posted By: Magpie  Originally Posted By: KuKuKaChu "Other efforts include increasing immigration counters at Soekarno-Hatta Jakarta and Ngurah Rai Bali airports; sceptical at it may seem, but does more immigration officers possibly mean more grizzly faced immigration officers looking for bribes? possibly. and because there's more of them, with the same portion of 'mangsa', they'll be hungrier than usual.

Questionable over-stay fines Opinion News - Monday, January 21, 2008 I together with my family have returned to Singapore from a wonderful trip to West Sumatra. We are a German family residing in Singapore for the last seven years. It was our first trip to West Sumatra. We were eight people: my husband and I, our four children aged 9, 7, 5 and 5, and my parents, who were visiting us from Germany.

 Originally Posted By: KuKuKaChu "Other efforts include increasing immigration counters at Soekarno-Hatta Jakarta and Ngurah Rai Bali airports; sceptical at it may seem, but does more immigration officers possibly mean more grizzly faced immigration officers looking for bribes?