Quoting: biznews Importers Slam Beef

An estimated 200 containers of frozen beef imported from Australia and New Zealand have been stuck in Tanjung Priok port for nearly two weeks for reasons that nobody appears able to define, frustrated importers have complained.

Batam (ANTARA News) - The Investment Coordinating Board (BKPM) in April approved 11 foreign investment proposals worth US$6.55 million in Batam island, an official said. The agency also approved two expansion projects worth US$4.95 million under a foreign investment scheme in that month, Chief of the Marketing and Public Relations Bureau at the Batam Management Body Rustam H Hutapea said on Wednesday.

JAKARTA (Reuters) - Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western business interests, Indonesia's palm oil industry chief said on Wednesday. Indonesia and Malaysia produce most of the world's palm oil -- a product used in cooking, chocolate, cosmetics and as a biofuel -- but vast areas of forest have been cleared in both countries since the 1980s to fuel a boom in palm oil production.

LONDON/NUSA DUA, Indonesia (Reuters) - It could save the rainforests of Borneo, slow climate change and the international community backs it. But a plan to pay tropical countries not to chop down trees risks being discredited by opportunists even before it starts. A forest carbon market is emerging in anticipation of a global, U.N. climate deal in December in Copenhagen, expected to allow rich countries to pay to protect rainforests as a cheap alternative to cutting their own greenhouse gases.

Bank Indonesia is optimistic that foreign capital will continue to flow into the country, as foreign investors put their money into domestic stocks and bonds and help the country’s bourse and currency strengthen further.

FIABCI, the International Real Estate Federation, has thrown its weight behind persistent calls for the government to allow foreign ownership of property in the country, as Indonesia would be an attractive market. The government could do this by revising its rules banning such ownership, which should help revive the country's property market currently hit by the global downturn, said visiting FIABCI world president, Lisa Kurass, on Monday evening.