IBM is getting more serious in trying new changes in Indonesia. by Hadi Suprapto, Bayu Galih VIVAnews - Indonesian Vice President Boediono welcomed top officials from IBM Corporation in his office. During the visit, the IBM officials stated that Indonesia has been targeted one out of 20 countries for its investment, today, May 5.

Kuala Lumpur (ANTARA News/Bernama) - Malaysia and Indonesia Tuesday signed an agreement to boost cooperation in the fields of information and communications especially those involving the content industry for mutual benefits. Information Communication and Culture Minister Dr Rais Yatim said this was necessary as cooperation in communications and information sharing between the two countries was still lacking.

Seen from Jakarta’s glass-walled towers, the government’s reform drive is bearing fruit, with rising economic growth and foreign investment promising an even brighter future. But in the grimy Pasar Senen market, char-ridden from a recent fire, the economic benefits reaped by the city’s financiers have yet to trickle down to small informal businesses. A seller of locally made handbags, Sri Wahyuni, shares a tiny kiosk with another merchant because she cannot afford renting her own.

Quoting: KuKuKaChu The government has backpedaled on a proposal to allow foreigners to own property in Indonesia for 90 years and will now only simplify the extension process and not change the maximum length of title from the current 70-year tenure. did I happen to say, "I told you so!"?

The government has backpedaled on a proposal to allow foreigners to own property in Indonesia for 90 years and will now only simplify the extension process and not change the maximum length of title from the current 70-year tenure. The changes are contained in a new regulation which will be presented to President Susilo Bambang Yudhoyono for approval before the end of May, the Ministry of Public Housing’s Jamil Ansari said on Wednesday.

JAKARTA, May 5 (Reuters) - Indonesian Finance Minister Sri Mulyani Indrawati has quit after a bruising battle with anti-reformists in what could be a major blow to a crackdown on graft and tax evasion in Southeast Asia's biggest economy. Indrawati, 47, has been named a managing director of the World Bank Group.

JAKARTA, May 5 (Reuters) - The Indonesian unit of Unilever (ULVR.L) (UNc.AS), the world's top palm oil buyer, on Wednesday said it gets 65 percent of its palm oil from Indonesia despite halting purchases from a unit of market leader Sinar Mas Group. Unilever, which uses palm oil in such products as Dove soap and Ben & Jerry ice cream, cancelled its annual 20 million pound ($30.27 million) contract with one of its Indonesian suppliers, PT SMART (SMAR.JK) in December.

Quoting: KuKuKaChu Agus lamented job seekers in Surakarta who are being selective about their job. too right. let's bring back indentured labour.

Surakarta:The Surakarta Social, Manpower, and Transmigration Office chief in charge of Manpower Placement and Work Expansion, Agus Alwanto, said not many people in the area were interested in jobs whose tasks includes getting customers, such as insurance, banking, and marketing. He mentioned that during the period from January to March 2010, there are 241 job openings but only 56 people sent their applications. Agus lamented job seekers in Surakarta who are being selective about their job.

TEMPO Interactive, Jakarta:The level of trust of businesses in Indonesia is higher than the average rate in Asian countries. The 2010 Edelmen Trust Barometer survey said the level of trust in Indonesia is as high as 64 percent while that in Asia – Pacific is 58 percent, and globally it is 54 percent. The survey involved 4.875 opinion makers in 22 countries, including 200 respondents from the educated group in Indonesia.