Indonesian Political, Business & Finance News

Archive: 15 August 2009

6 articles found

The Changing Face of Bali

Balinese Development Expert Outlines How Balinese are Becoming Disenfranchised from the Land that was Once their Birthright.(8/15/2009) An article below was originally published in The Jakarta Post on Tuesday, August 4, 2009.

Illegal Villas are Big Business in Bali’s Gianyar Regency

Estimated 75% of Commercial Villas in Bali's Gianyar Regency are Operating Illegally.(8/15/2009) A special committee of the Regional House of Representatives from the regency of Gianyar in Bali has estimated that 60% of that district's potential hotel and restaurant tax income is lost via illegal...

Singapore Snag for Asean’s Trade Rule

While the Association of Southeast Asian Nations may be notching up successes in the free-trade arena, with an agreement signed on Thursday with India and one due to be signed with China on Saturday, the trade picture within the bloc itself may not be quite so rosy.

Indonesia Drops to No. 129 On Ease of Business Survey

The nation has dropped two places on the World Bank and International Monetary Fund’s Doing Business Survey 2009, which was published on Friday.Indonesia came in at 129 out of 181 countries, just behind Morocco at 128 and far behind Malaysia at 25.

Small Businesses Say Jakarta Zoning Enforcement May Push Them Out

In a city known for its chaotic, unplanned growth, an apparently sudden conversion of the Jakarta administration to the merits of urban planning and the enforcement of zoning rules has small businesses in residential areas both up in arms and worried about the future.

Morgan Stanley Expecting Rupiah Reversal; Bank Indonesia Disagrees

The central bank and two economists on Friday cast doubt on a report from financial-services firm Morgan Stanley that predicted the rupiah would slump to 11,000 to the dollar by the end of the year.Stewart Newnham, Morgan Stanley’s Hong Kong-based currency strategist, wrote in a research report...