Quoting: biznewsImporters 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.

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.

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.

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.