Indonesian Political, Business & Finance News

Archive: 8 December 2009

5 articles found

Corruption, lack of transparency blocks foreign investment in RI: EU

The European Union (EU) has identified Indonesia's poor governance and corruption practices as part of key obstacles to expanding trade and investment between European nations and Indonesia.That was concluded by the EU's recent study on challenges and opportunities for trade and investment in...

Indonesia's Palm oil economy drives human fortunes--And orangutan misfortunes

The net worth of Indonesia's 40 richest men has doubled to $42 billion in the past year, driven in no small part by the growing demand for palm oil, according to Forbes magazine's annual examination of the country's top richest people.

Indonesian says coal sale rule no bar to exports

NUSA DUA, Indonesia, Dec 7 (Reuters) - Indonesia will let coal producers keep exporting, despite missing domestic sales requirements as smaller firms undercut them, a senior mining official said on Monday, in an apparent delay to a 2008 rule.

President: Indonesia must not rely on exports only

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said Indonesia must not rely solely on exports but also empower its domestic economy and market in the future.Speaking before participants of a National Resilience Institute (Lemhanas) course at the palace here on Monday, he said all...

Combating corruption, the national epidemic

Probably the most SINGLE irrating factor in Indonesia is the corruption...tho, in other countries it is more hidden it still exists. Look at the recent WallStreet chaos, embezzlement, over paid CEO's...the scam after scan we have sustained and endured. 401 retirement accounts GONE...