Indonesia inked eight agreements worth up to $6 billion with South Korean firms during a forum held in Jakarta on Saturday, the head of the country’s investment coordinating board, or BPKM, said on Saturday.

Indonesian CDMA operators Mobile-8 Telecom and Smart Telecom have launched commercial CDMA2000 1xEV-DO services to counter 3G/W-CDMA offerings of rival cellcos such as Telkomsel, Indosat and Excelcomindo (XL). According to a report from CNETAsia, Mobile-8 Telecom has introduced its ‘Mobi’ high speed mobile broadband package and Smart Telecom is matching it with ‘Jump’; both services offer theoretical data transmission speeds of 3.1Mbps (download) and 1.8Mbps (upload) the report said.

The head of Indonesia's Capital Investment Coordinating Board, M Lutfi, said Saturday that the opportunity for new investors to gain a share in the country's motorcycle market was still wide open. He made the statement after speaking on "Investment Climate and Economic Prospect of Indonesia" at the meeting of Indonesia-Korea Chambers of Commerce in Jakarta as quoted by Antara state news agency.

Lilian Budianto, THE JAKARTA POST, JAKARTA Six years of negotiations have yet to convince India to sign a much-awaited free trade deal with ASEAN, as scheduled last week during the group’s summit. India would only ink a deal after it concludes its April general elections.

Board of Executive Directors approves US$ 2 billion loan to ensure continuity of public investments during global financial crisis and support market borrowings by the Government WASHINGTON DC, March 3, 2009 – The World Bank’s Board of Executive Directors today approved a unique US$ 2 billion Public Expenditure Support Facility for Indonesia, with a deferred drawdown option.