Taipei, Feb. 10 (CNA) The Taipei-based Chinese National Association of Industry and Commerce will hold a seminar Wednesday to allow Taiwanese entrepreneurs to familiarize themselves with investment opportunities in Indonesia. The seminar is scheduled to take place from 2 p.m. to 4:30 p.m. in the auditorium of the Taipei Farmers Association on Fuxing South Road. According to a news release posted on the association's Web site, Johny F.

Aditya Suharmoko , THE JAKARTA POST , THE HAGUE Indonesia will gradually improve the roles of local energy companies and will not let foreign firms control the country’s energy resources, Vice President Jusuf Kalla says. “No single country in the world allows foreign entities to manage its energy resources. “The Indonesian government has the right to manage its energy resources, and President (Susilo Bambang Yudhoyono) agrees with it,” Kalla told reporters Monday in The Hague.

The Jakarta Post | Tue, 02/10/2009 5:11 PM | Business Singapore state investment company Temasek says it lost about US$39 billion, or 31 percent of its holdings, in eight months last year as big bets in the financial sector went sour. The revelation comes after Temasek announced last week that Chief Executive Ho Ching would step down and be replaced by former BHP Billiton CEO Charles Goodyear.

Soaring loan defaults in some economic sectors has raised questions over the severity of the impact of the global economic crisis on Indonesia. While Bank Indonesia insists that last year's nonperforming loans (NPL) were still manageable at 4 percent - less than the BI tolerance level of 5 percent - foreign-exchange commercial banks were the hardest hit by bad loans.

The Hague (ANTARA News) - Vice President Jusuf Kalla said Indonesia wanted that international trade would not be a mere free trade but also a fair one. "Indonesia wants not only a free trade in the world but also a fair one because otherwise it would lead to protectionism where all countries are tempted to protect their products," the vice president said here on Monday.

Denpasar, Bali (ANTARA News) - A total of 359,827 Japanese tourists visited Bali in 2008, accounting for 18.06 percent of the total number of foreign tourists coming to the resort island that year. The number of Japanese tourists visiting Bali last year represented a 2.21 percent increase from the year before, head of the local statistics office Ida Komang Wisnu said on Tuesday.

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono called on state-owned electricity company PLN to speed up the construction of new power plants to reduce the number of regions facing electricity shortages and to overcome outages. "The direction is already right but it has to be accelerated so that no region in the country is suffering from power shortage in the years to come," he said at a press conference after a working meeting at the PLN office here on Monday.

The country’s notoriously inefficient and corrupt ports, and their grossly inadequate infrastructure, are further exacerbating the problems of exporters struggling to cope with the effects of the economic crisis, the head of the country’s association of exporters said.

The proposed US government stimulus package, which includes some measures that may limit trade, is not expected to have a major impact on Indonesian exports, Sofyan Wanandi, deputy advisory chairman of the Indonesian Chamber of Commerce and Industry, or Kadin, said on Monday.

SMBs set to dominate Indonesia Growing number of private enterprises and SMBs due to the collaboration of financial institution, government DUBLIN, IRELAND: Research and Markets has announced the addition of the "IT Market in Indonesia" report to their offering. The total IT market in Indonesia can be segmented into software, hardware, services, and communication.

The House of Representatives on Monday rejected a government proposal to raise subsidies for the development of biofuels from an initial plan of Rp 774.47 billion ($66.6 million) to Rp 831.42 billion, arguing that it was irrational. Evita Legowo, director general of oil and gas at the Ministry of Energy and Mineral Resources, proposed an additional Rp 56.95 billion to support biofuel development.