Indonesian Political, Business & Finance News

Archive: 29 April 2009

4 articles found

IT Giant Expands To Jakarta

Undeterred by bearish global economic conditions, Ohio-based Teradata, a giant information and technology firm specializing in data warehousing, is set to open an office in Indonesia today because of promising prospects in the local market. “Indonesia is one of the largest markets in Southeast Asia,” said Loh Giap Lim, country manager for Tdata Indonesia, the local unit of Teradata.

The untouchable bureaucracy

The state personnel corps (Korpri) - civil and military personnel - is likely the only institution in this country that does not need to be worried about the results of the April 9 legislative elections and the July 8 presidential election, because whoever wins either of them, the bureaucracy will remain the de facto supreme power holder in this country.

President asks district cheifs to improve autonomy`s quality

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked district administration chiefs across the country to improve the quality of regional autonomy. Speaking at a function to open the 3rd national conference of the All-Indonesia Association of District Administrations APKASI) at the State Palace here on Wednesday, the president said the quality of regional autonomy should be improved so that it could have a positive impact on regional development in various sectors.

Jakarta properties hit by crisis in Q1

Aditya Suharmoko, The Jakarta Post, Jakarta Jakarta's property market has been hit by the impact of the global financial crisis since the first quarter this year as demand faltered, real estate services firm Jones Lang LaSalle says. Demand for office, retail and residential spaces slackened as companies reportedly rescheduled or delayed their expansion plans, and housing loans remained expensive despite the central bank's aggressive cut, affecting investors’ appetite.