A number of organizations in the country have come out in support of the United States' decision to lift its travel warning for Indonesia, and hope the policy reversal will benefit trade between the countries.

Egypt's decision to drop dumping allegations against Indonesia could result in a 15 percent increase in Indonesian tire exports to Egypt, an ambassador said. With the removal of the main trade barrier, there would be greater room for Indonesia to increase its tire exports to Egypt, Indonesian Ambassador to Egypt A.M. Fachir said during the weekend.

Asian companies are quickly becoming global players. The UNCTAD recently compiled a list of the hundred largest multinationals from developing economies, and firms from most of the larger Southeast Asian nations were represented, including Malaysia, Thailand, Singapore and the Philippines -- but not Indonesia. Indonesian companies are lagging behind in the globalization trend. One reason is the peculiar public opinion in the domestic market.

Jakarta (ANTARA News) - Singapore Technologies Telemedia's (ST Telemedia) decision to sell its entire stake in PT Indosat Tbk, Indonesia's second-largest mobile phone company, to partner Qatar Telecom is "an insult" to the legal system here, an official of the country's anti-trust body said on Monday. "It is quite dangerous. It is an insult to the Indonesian legal system.

Jakarta (ANTARA News) - The World Bank said still had no plan to finance the Jakarta monorail project because it was not included in its priority projects but it was ready to hold dialogs on the possibility of providing financial assistance. "We have no specific discussions on the matter at the moment because it is not part of our priority.

Jakarta (ANTARA News) - Indonesia will open trade promotion centers (ITPC) for export products in eleven cities in the world in 2008 to strenghten penetration to foreign markets. "We have just received a permit to process another eleven. We will maximize the function of the ITPC to help promote and identify market opportunities and inform them to Jakarta," Trade Minister Mari Elka Pangestu said here over the weekend. The eleven cities are Shanghai (China), Busan (S.

Jakarta, (ANTARA News) - The Agriculture Ministry had offered investment opportunities in the agribusiness sector in Indonesia to foreign participants at the Food Resilience Summit in Rome, Italy, sometime ago. In a bilateral meeting with ten foreign representatives on the sidelines of the summit, Agriculture Minister Anton Apriyantono on Sunday said his side invited foreign investors to invest in developing the agricultural sector in Indonesia.