Indonesian Political, Business & Finance News

Archive: 21 January 2010

6 articles found

Indonesia’s tourism — a national tragedy

Quote:Bunaken averaged only about 10,000 foreign visitors a year for as long as one can remember, versus more than 4 million for the similar Pattaya in Thailand.I hear Pattaya's very popular with the muffdiving crowd.

Indonesia’s tourism — a national tragedy

Quoting: biznews - often the wrong types who cannot appreciate the unique local culture and natural environment -

Indonesia’s tourism — a national tragedy

Government officials at all levels claim that Indonesia’s tourism is doing well, with each year seeing robust advancements. On the contrary, however, all the data indicate how dismally Indonesia’s tourism has done this past decade.

China’s Investment Increases after Free Trade

TEMPO Interactive, Jakarta:Investments made by China in Indonesia have increased following the implementation of the ASEAN-China Free Trade Agreement (FTA) earlier this year.“The average investment has been US$ 50 million per year from 2005 until 2009," said Industry Minister M.S. Hidayat.

Foreign Investors to Rise Agriculture Investments in Papua

TEMPO Interactive, Jakarta: The Agriculture Department said more foreign and domestic investors are interested to food and agriculture potentials of Papua and China, Saudi Arabia, and Singapore are venturing opportunities to invest in food estate projects in the island.

Mining Groups May Seek Judicial Review of 2009 Law

Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are unable to reach a solution with the government.The law’s implementing decree seeks to limit the work that mining companies can outsource to companies not...