Indonesian Political, Business & Finance News

Archive: 13 March 2008

4 articles found

Biofuel efforts make higher food prices inevitable, academic says

Higher food prices are inevitable due to an energy shift from fossil fuels to bioenergy, finance management professor Wibisono Hardjoparnoto said Wednesday. "Bioenergy efforts will surely touch food issues such as in the case where corn is being used as biofuel," he said.

Govt, private sector to boost internet penetration

An ambitious plan aiming to roll out "cheap and meaningful" broadband to 20 percent of the Indonesian population by 2012 is gearing up in Jakarta, with strong support from the government and corporate sectors. Investor Group Against Digital Divide (IGADD), the not-for-profit think tank behind the plan, aims to increase current broadband penetration levels 20-fold through the use of innovative technology and a business plan they say will help bridge the "digital divide" between rich and poor.

Benefits of integrating mining, forestry

There are promising signs that a long-awaited reformation of the Indonesian mining industry is taking place. The government now is seriously dealing with several issues that have starved the mining industry for 10 years. When accomplished, these reform policies will produce many winners: government and export revenue will be generated, there will be jobs and training for many thousands, as well as much-needed economic development in remote regions.

Govt officials must now have more guts to commit corruption

Jakarta (ANTARA News) - Vice President Jusuf Kalla said that government officials must now have more guts to commit corruption. "Government officials must now have six times the usual guts to commit corruption," the vice president said here on Tuesday. Jusuf Kalla made the remarks when addressing a seminar entitled "Seeking an Identity of Indonesian Foreign Policy" in connection with a competition held by University of Indonesia (UI)`s socio-political students.