Foreign and local investors at the Jababeka industrial complex in Cikarang, just outside Jakarta, opted to remain in Indonesia despite the recent bomb blasts in Jakarta that killed nine people and injured more than 50. "There is no investor exodus from Jababeka. Our complex remains fully occupied," Jababeka president director SD Darmono said Sunday, adding there were 1,400 investors in Jababeka.

Rendi A. Witular and Aditya Suharmoko, The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono has appointed Mochamad Tjiptardjo, the director of investigation and intelligence at the directorate general of taxation, as the new tax chief. Tjiptardjo will replace outgoing director general of taxation Darmin Nasution, who is now Bank Indonesia's (BI) senior deputy governor, according to tax office spokesman Djoko Slamet Surjoputro.

Jakarta (ANTARA News) - The Jakarta administration will conduct a raid on illegal electronics sold at electronic shops and outlets in the capital, an official said. The raid was aimed at protecting domestic electronics producers and importers that pay taxes, head of the Jakarta cooperatives, micro small and medium business and trade office Ade Soeharsono said here on Monday.

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said the "I Love Indonesia" campaign launched by the government was not a form of protectionism but a means to promote domestic consumption. "This campaign is not a protectionist ploy at all . It is designed to increase people`s love for domestic products and stimulate domestic consumption," she said after attending the signing of a memorandum of understanding on the campaign by 51 state-owned companies here on Monday.

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said that Indonesia`s export performance was improving following the increase in commodity prices and in demand for Indonesian commodities overseas. "It can be better than the previous prediction. The growth of our exports in the first semester was minus 20 percent but for the whole year we are optimistic the negative growth could be reduced to minus 15 percent," the minister said here on Monday.

Rising demand and prices for primary commodities have led the Ministry of Trade to raise its 2009 export projections from a 30 percent contraction to a 15 percent year-on-year decline. Trade Minister Mari Pangestu on Monday said that the recent rise in commodity prices and the impact of economic stimulus packages in major economies, including China, indicated that overseas export markets would be stronger than previously expected.

JAKARTA, July 28 (Xinhua) -- The Hong Kong and Shanghai Banking Corp. Ltd. (HSBC), the world's third-largest bank, is committed to support small and medium business (SMBs) in Indonesia, providing credit to the sector more than requirement of the Bank Indonesia (BI), the central bank, an official said on Tuesday. Steve Miller, the HSBC Indonesia's head of banking business, said that the bank has been providing fund, training and education to Indonesia's SMBs to support their growth.