According to a senior official of the country’s most influential business association, a revised negative investment list is unlikely to be finalized by the current government, whose term expires in October, given that business leaders first would first have to be consulted.

Plagued by difficulty in securing commitments from anchor tenants, PT Alam Sutera Realty said on Monday that it would hold off until next year on the development of its Rp 500 billion ($49.5 million) mall, the linchpin of an integrated town and community centre in Tangerang.

The nation’s downstream timber products industry has been hit hard by the global economic crisis, with export values plummeting 28 percent year on year to $559.7 million in the first quarter, the Central Statistics Agency reported on MondayThe export volume of lumber-based products and their...

Monday, 15 June, 2009 | 20:41 WIBTEMPO Interactive, Jakarta: The Indonesian Iron and Steel Industry Association has complained to Tempo about three common illegal import practices, during an interview last weekend with Irvan Kamal, vice chairman of the association.

Any government that gets elected to office will eventually have to deal with the realities of today. Debates about neoliberalism are futile; the relevant issue is: "neorealism".Watching Indonesia's presidential campaigns can be entertaining.

Monday, 15 June, 2009 | 20:58 WIBTEMPO Interactive, Jakarta: The Indonesian Chamber of Commerce (Kadin) has called for more protection for the domestic market to maintain the pace of the economic recovery, citing the importance of market availability.