Looking forward: Vice President Boedion delivers a speech at the Indonesia Summit, an economic discussion hosted by Economist Conferences, in Jakarta on Thursday. Boediono stressed the need to add and upgrade infrastructure "without delay" to accelerate growth to 7 percent annually, from the 6 percent experienced in recent years.

Looking forward: Vice President Boedion delivers a speech at the Indonesia Summit, an economic discussion hosted by Economist Conferences, in Jakarta on Thursday. Boediono stressed the need to add and upgrade infrastructure "without delay" to accelerate growth to 7 percent annually, from the 6 percent experienced in recent years.

Indonesia has to raise about US$100 billion in private investment in the 2010-2014 period to develop infrastructure projects required to reach a 7 percent growth annually, the Investment Coordinating Board (BKPM) says. "If we use the basis of infrastructure development under the government's plan, between $140 billion and $150 billion needs to be spent for infrastructure development in five years.

Jakarta (ANTARA News) - Vice President Boediono outlined Indonesia`s policy priorities and vision to the world in his opening remarks in the 2010 Indonesia Summit, here, Thursday. The Vice President stated that he was not satisfied with Indonesian performance in the world despite the fact that Indonesia managed to face in the recent global financial crisis. "Indonesia remains less well known than it deserves, I hope we could change this condition," he said.

Quoting: KuKuKaChu And as our economy has become intensively globalized and our country more popular as a tourist destination, we will inevitably be the host to a rising number of foreigners. Exactly. "Visit Indonesia Year 2010 and Have A Nice Glass of Ribena". Holidaymakers want to get trousered every night and throw up into a hedge on their way back to the hotel. All seems very straightforward to me.

Foreign direct investment is flowing into Indonesia, now considered an attractive investment destination, says a senior economist. The Economic Intelligence Unit (EIU) Corporate Network Director Ross O’Brien said in Jakarta on Wednesday that a lot of investment that was held back during the recent global financial crisis, which peaked in October 2008, would start flowing to the country this year. “A lot of firms put investment plans on hold.

Freeing the liquor trade The Jakarta Post | Editorial The policy measures taken by Finance Minister Sri Mulyani Indrawati and Trade Minister Mari Pangestu in the importation, distribution and levying of alcohol drinks are greatly sensible, making the country more hospitable to foreigners.

TEMPO Interactive, Jakarta: Thailand businesses expressed their interests in setting up autoparts plants in Java in the near future, the Investment Coordinating Board said on Wednesday (24/3).

Greenpeace Urges Nestle Cut All Sinar Mas Connections TEMPO Interactive, Jakarta: Greenpeace Southeast Asia said that contract cancellation with one of Indonesia’s largest palm oil producer Sinar Mas is not enough and the food producer have to cut itschain supply related to Sinar Mas. “Cancellation of direct contract with Sinar Mas by Nestle is not enough.

Cargill, the world’s largest trader of agricultural commodities, has become the third company to reconsider its relationship with a top Indonesian palm oil supplier over allegations it is tearing down protected forests to make way for plantations. Demand for palm oil has soared in recent years due to its use as a biofuel and in food and household products. Indonesia and Malaysia account for the vast majority of global output.

Indonesia's Tax Hike on Alcohol ‘to Fuel Black Market’ by Irvan Tisnabudi Indonesia is likely to see higher prices for alcoholic beverages and more black market trading as a result of the government’s decision to effectively replace the luxury tax on alcohol with a higher rate of excise tax, industry players said.

Indonesia’s online population grows 49 percent annually As more Indonesians come online, the communications influence of the world’s fourth-largest population increasingly will be felt. Washington - Indonesia is “on the brink of a major electronic revolution,” says one of the country’s first bloggers, Enda Nasution.

Japanese electronics manufacturer Panasonic Corporation plans to relocate factories in Japan and Vietnam to Indonesia sometime this year, the Investment Coordinating Board (BKPM) said Wednesday. Panasonic will build factories outside Java island, with an estimated investment between US$40-45 billion, BKPM head Gita Wirjawan said after a press briefing on the Indonesia Summit in Hotel Shangri-La in Central Jakarta.