(off Coast of Singapore) to be Held in NYC - Feb. 27, 2008 New York, New York - February 1, 2008 - The American Indonesian Chamber of Commerce (AICC) in cooperation with the Province of Riau Islands and the Consulate General of Indonesia in New York invite internationally-focused investors,...

(off Coast of Singapore) to be Held in NYC - Feb. 27, 2008 New York, New York - February 1, 2008 - The American Indonesian Chamber of Commerce (AICC) in cooperation with the Province of Riau Islands and the Consulate General of Indonesia in New York invite internationally-focused investors,...

Jakarta (ANTARA News) - Indonesia's latest move to hike the crude palm oil (CPO) export tax rate to a maximum of 25 percent from 10 percent previously could boomerang on the economy and even hurt local CPO producers, industry officials said Tuesday.

Achmad Syafriel, Research AnalystWithout self-sufficiency in food supply, Indonesia may continue to lose out in the midst of a global surge in commodity prices.Over the past two years, prices of soft commodities such as palm oil, soybean, corn and wheat have sky-rocketed and reached historical...

The powerful lobbying group the Indonesian Chamber of Commerce and Industry (Kadin) on Tuesday dissolved the high-profile Committee for National Economic Recovery (KPEN).To take over KPEN's duties and a number of other important areas of the economy, Kadin will set up the Committee for the National...

The government has set the benchmark selling price for geothermal power generated by independent power producers at between 5.9 U.S. cents to 10 cents per kilowatt hour (kwh).Director General of Electricity and Energy Utilization Purwono told The Jakarta Post on Tuesday the calculation of the...

Agustina Wayansari, The Jakarta Post, JakartaWith an oversupply of spaces in Greater Jakarta's shopping malls, developers are likely to cut leasing prices by 30 percent over the next two years in order to survive stiff competition in the sector, a property consultant says.

The Jakarta Post, JakartaDespite feeling optimistic about their businesses this year, about two-third small and medium-sized enterprises (SMEs) in the country will not add more employees, an HSBC sponsored survey says.

Responding to mounting concerns from the public, the government has decided to slash this year's annual collective leave for civil servants from eight to four days.State Minister for Administrative Reforms Taufik Effendi told a media gathering Tuesday that government employees would be given joint...

In a review of the government's performance in 2007, the Indonesian Chamber of Commerce and Industry (Kadin) says that it is disappointed with the government's economic plans and their implementation.Kadin's economic research team head Faisal Basri said Tuesday that the government had failed to...

Tuesday, 05 February, 2008 | 16:38 WIBTEMPO Interactive, Jakarta: Indonesia will export Daihatsu cars to Japan starting February 14. Toyota Astra Motor Indonesia’s President Director, Johny Darmawan, said that the export target is not only Daihatsu, but also Toyota.

Tuesday, 05 February, 2008 | 15:26 WIBTEMPO Interactive, Jakarta: : PT Jasa Marga Tbk is planning to accelerate elevating and widening the Professor Sedyatmo toll road. The toll road which leads to Soekarno-Hatta Airport that was planned to be reconstructed in the middle of this year will be...

Tokyo (ANTARA News/Asia Pulse) - Japan's Yamaha Motor Co. (TSE:7272) plans to bring online a new motorcycle factory in Indonesia this year, seeking to raise capacity in that country by 40 per cent to 3 million to 3.2 million units a year in 2010, The Nikkei learned Monday.

London (ANTARA News) - The Island of Bali has received an appreciation as the Best Exotic Destination from the Luxury Travel Magazine handed by editor Alyson Cook to Indonesia, in this case the Indonesian Embassy`s Economic Counsellor Tumpal MH Hutagalung and First Secretary Mayuzar Adamy in London.