"We invite you to participate in our national development. Do come to Indonesia to invest because there are now plenty of investment and business opportunities there," the President told the German business makers. Get tae absolute fuck.

A group of investors will soon begin building the first ever private railway in Indonesia, worth US$1 billion, as a key part of the planned development of a massive $5 billion integrated industrial facility in East Kalimantan. The project’s readiness was announced at a meeting Tuesday between Indonesian President Susilo Bambang Yudhoyono and the crown prince and deputy ruler of the Emirate of Ras Al Khaimah, Sheikh Saud Bin Saqr Al Qasimi.

Berlin (ANTARA News) - Visiting Indonesian President Susilo Bambang Yudhoyono has called on German investors to invest in Indonesia arguing that the investment and business climate in the country had much improved. The Indonesian head of state made the appeal at a meeting with representatives of the German business community Tuesday night where he elaborated on the progress and achievements Indonesia had made over the past few years. "We invite you to participate in our national development.

After being hit with a hefty fine for under-reporting imports of alcohol, state importer PT Sarinah said on Tuesday that dozens of containers would soon be released from Jakarta’s Tanjung Priok port to meet the increased demand during the Christmas and New Year holidays. Custom officials have detained 34 containers of wines and spirits imported by Sarinah because company executives had understated the value of the shipments.

TEMPO Interactive, Jakarta: The Fiscal Policy at the Finance Department said indonesia's current debt ratio has reached a save level for the government to consider expansive fiscal policies to finance infrastructure projects, and suggested the government to provide stimulus to boost economic growth infrastructures.

TEMPO Interactive, Jakarta: The Coordinating Ministry for the Economy is seeking to delay free trade mechanism on hundreds of products from 12 sectors ahead of the beginning of the ASEAN – China Free Trade Agrement beginning on January 1st next year. The products reportedly ranged from food to petrochemicals.

The government plans to start running Indonesia’s ports around-the-clock by early January to speed up customs clearance and reduce logistics costs, officials said Tuesday. “All ports will operate 24 hours, starting from Tanjung Priok Port [in Jakarta],” said Edy Putra Irawadi, deputy in charge of industry and trade to the coordinating economic minister, and chairman of the preparation team for the National Single Window (NSW).

Indonesia cities ranking Doing Business in Indonesia 2010 compares business regulations across 14 Indonesian cities. The report focuses on local and national regulations that affect 3 stages in the life of a small to midsize domestic firm: starting a business, dealing with construction permits, and registering property. The report shows that differences in local regulations and in the enforcement of national-level regulations can enhance or constrain local business activity.

Yogyakarta is the easiest city in Indonesia to start a business in, way ahead of Jakarta, which ranked just seventh of 14 Indonesian cities in a new survey. The study, released on Tuesday by the International Finance Corporation, also revealed that Manado and Makassar would hold their own globally as business-friendly destinations.