Indonesian Political, Business & Finance News

Archive: 31 October 2009

7 articles found

Indonesia's Ministers Pledge New Focus On Removing Bottlenecks

Removing policy bottlenecks is key to boosting investment and stimulating economic growth, economics ministers said at the opening of the Indonesian Chamber of Commerce and Industry’s National Summit on Thursday.

How to Improve Indonesia? National Summit Counts the Ways

It took two days and more than 1,500 people to make a wish list for the next 100 days and five years of government.Those are the bald figures that describe the first-ever National Summit, which ended on Friday evening with promises from the administration that each of the hundreds of ideas put...

Buying Land for Infrastructure Not Easy: Public Works Official

Indonesians will have to wait at least three more years before they see the massive Trans Java Toll Road project fully operational, because only around 24 percent of the land for the 650 kilometers of road needed for the project has been freed up.

Indonesia Min: Legal Certainty Vital for Investment

JAKARTA -(Dow Jones)- Legal certainty is vital to Indonesia's goal of supporting economic growth by improving its investment climate, Finance Minister Sri Mulyani Indrawati told reporters Friday, following the controversial arrest of two of the corruption-ridden southeast Asian nation's top...

Furniture exports expected to fall 40%

Indonesia's furniture exports may plunge by about 40 percent by the end of 2009, the Indonesian Craft and Furniture Producers Association (Asmindo) said Friday.Asmindo chairman Ambar Tjahyono said the global economic crisis had drastically reduced overseas demand for furniture from Indonesia.

Regulation on Land Clearance to be Completed in 100 Days

TEMPO Interactive, Jakarta:To accelerate infrastructure development, the government will soon issue a government regulation to replace a law (Perpu) on land clearance. “I propose that be completed in 100 days,” said Industry Minister M.S. Hidayat at the National Summit yesterday.

Indonesia Needs Investment of Rp2.1 Trillion

President Susilo Bambang Yudhoyono has stated that Indonesia needs investment of Rp2.1 trillion per year to reach the 7percent economic growth target by 2014.The single source of capital has been always relying on the state budget while unfortunately it can only cover 10 to 15 percent of government...