Want to Understand Indonesia’s Web Surge? Go Here by Sarah Lacy A few months ago I wrote about the nascent, juicy Web market in Indonesia. It’s Facebook’s second largest market, and a place that is causing surprising swells in traffic throughout the Web 2.0 world. Yet Indonesia has been virtually ignored by Western Web companies and venture capitalists. Until recently, that is.

Washington - The United States and Indonesia concluded a two-day meeting in Indonesia on October 2 under the bilateral trade and investment framework agreement (TIFA), reviewing in detail the comprehensive agenda between the two countries. The 2007 expansion of the U.S.-Indonesia TIFA, originally signed in 1996, represents significant bilateral cooperation and serves as a mechanism for dialogue.

TEMPO Interactive, Jakarta:The government has confirmed that the low cost green car program is open to all car manufacturers as long as they meet the requirements. “This is not a national car like the old days because there are no more discrimination,” said Edy Putra Irawady, the Coordinating Deputy Minister for the Economy in charge of Industry and Trade, yesterday. In the 1990s, there was a national car with only one brand, Timor, and it was fully imported.

TEMPO Interactive, Jakarta:Certification on timber and wood products sold overseas can eliminate the national wood producers’ concerns about being labeled companies that damage the environment. The certification can even increase the volume and value of wood exports to European countries.

Banda Aceh, Aceh (ANTARA News) - The Investment Coordinating Board (BKPM) has since 2007 approved 65 foreign investment proposals worth US$1.908 billion in Aceh province. Meanwhile, between 2007 and 2009 the agency also endorsed 6 domestic investment proposals worth Rp840.617 billion, Head of the Aceh Investment and Promotion Board Anwar Muhammad said here on Tuesday. Anwar said the local government had been prepared for the inflow of foreign investment.

Jakarta (ANTARA News) - Bank Indonesia (the central bank/BI) has predicted the Indonesian economy will expand by a range of 6.0-6.5 percent next year on the back of improving global and domestic economy. Domestic consumption would remain strong and export performance would increase along with the global economic recovery, Bank Indonesia Governor Darmin Nasution said here on Tuesday.