JAKARTA, July 10 (Reuters) - Indonesia's forestry ministry has released what are believed to be the world's first set of revenue sharing rules governing forest carbon projects, a ministry official said on Friday. The profit-sharing rules will help clear up important questions over Indonesia's release in May of the world's first set of formal regulations on a U.N.-backed scheme called reducing emissions from deforestation and degradation, or REDD.

Surabaya, E Java (ANTARA News) - Many Japanese investors have delayed their plans to invest in East Java as a consequence of the global economic crisis, a capital investment official said. "As a result of the global economic crisis which hit Japan, many investors from that country have delayed the implementation of their plans to invest in East Java," Harry Soegiri, East Java Regional Investment Coordinating Board chief, said here on Saturday.

The country needs leaders who can create a sustainable regulatory framework to guide the speedy development of infrastructure, rather than decision-makers who act quickly but put the country at risk in the process, a prominent analyst said. Lin Che Wei, an analyst at PT Independent Research & Advisory Indonesia, said Boediono, the incoming vice president and former governor of the central bank, was one person capable of designing a master plan for the country’s ailing infrastructure.