Indonesian Political, Business & Finance News

Archive: 28 October 2009

8 articles found

Singapore to Invest More in Indonesia

The plan is related to the visit of 22 Singaporean delegations.VIVAnews – The Singaporean government may likely invest more in Indonesia as a result of the visit of 22 Singaporean delegations led by Low Sin Leng.

Singapore businessmen intend to increase business ties with Indonesia

JAKARTA, Oct. 28 (Xinhua) -- Singaporean businessmen intend to increase business ties with Indonesia in sectors of logistics, transportation, and property, Bisnis Indonesia daily quoted an official as saying on Wednesday. However, the intention is hampered by lack of domestic infrastructure.

Government to Increase Cooperation with Private Sector

TEMPO Interactive, Jakarta: The government is committed to increase cooperation with the private sectors in order to accelerate infrastructure development.It is reported that the previous government did not reach the maximum level of such cooperation.

Batam Builds Rp 800 Billion Toll Road

TEMPO Interactive, Batam:To ensure efficiency of traffic serving the free trade zone in Batam, the local government will build a 25 kilometer-long toll road. “The feasibility study is has been completed.

ADB to fund Lahendong IV geothermal

The Asian Development Bank (ADB) will finance the construction of the Lahendong IV geothermal power plant in Tomohon, North Sulawesi, to meet local power shortages.“We’ve agreed to provide a loan of US$40 million, which is 90 percent of the total constructioncost of the geothermal power plant.

Indonesia Should Coax Warungs Into Formal Economy, Says World Bank

Indonesia urgently needs to make it easier for companies to legally register if the millions of tiny businesses in the country are to develop properly, a senior World Bank official said on Tuesday.“The development of small businesses in Indonesia is critical because the number of people working...

Culture, Copyrights Not the Same Thing

Protests by legislators and ministers over the so-called theft of Indonesian culture have highlighted just how little the government knows about intellectual property. Should we be concerned? Yes. There are serious implications for the country’s economic future.

Palm oil planters, buyers and NGOs face off at roundtable

KUALA LUMPUR, Oct 27 (Reuters) - The palm oil industry confronts critics and consumers in a meeting next week in Malaysia as it looks to beef up green standards that already include commitments to preserve rainforests and wildlife.