Indonesian Political, Business & Finance News

Archive: 7 June 2010

8 articles found

Kadin eyeing US$5 billion in Singaporean investment

Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (KADIN) intends to attract five billion US dollar in investment from Singapore this year."We have targeted the Singaporean investments will grow 10-15 percent from 4.340,96 billion last year," Iwan D.

West Java Traditional Vendors Complain over Expanding Chain

TEMPO Interactive, Jakarta: Small and traditional vendors in West Java have challenged huge chain retailers in Bandung by pressing the regional government to regulate the operation of modern retailers to protect small businesses.

Property in Bali: It's Déjà Vu All Over Again

Property Developers Suffer a Setback in Efforts to Allow Foreigners to Own Land in Bali and the Rest of Indonesia.Both the New York Times and Jakarta Globe have stories announcing that the hopes of real estate developers for a significant liberalization of rules for foreign property ownership in...

Indonesia to Ease Investment Limits This Week, Wirjawan Says

June 7 (Bloomberg) -- Indonesia President Susilo Bambang Yudhoyono will this week sign a decree easing restrictions on foreign investment, said Gita Wirjawan, chairman of the country’s investment coordinating board.

Indonesia Export Growth May Beat Goal, Pangestu Says

June 7 (Bloomberg) -- Indonesia is “optimistic” the country can achieve or exceed export growth of 7 percent to 8.5 percent this year, even as Europe’s debt crisis threatens demand for the region’s goods, Trade Minister Mari Pangestu said today.

Lawmakers Support Revision for Inco South Sulawesi Mining Contract

TEMPO Interactive, Jakarta: Regional representatives (senate) supported the regional administration of South Sulawesi to evaluate mining contract of Brazilian Vale-Inco unit in the province in a meeting between the representatives and regional administration in the provincial seat of Makassar...

Indonesia overtakes RP in seaweed farming

Indonesia has overtaken the Philippines in seaweed production."We are not just threatened by Indonesia they have already overtaken us," according to Dr. Danilo B. Largo, director, Office of Research of University of San Carlos in Cebu City .

Is “Remarkable Indonesia” the New “Incredible India” for Investors?

I’ve written several posts about the innovation, entrepreneurship and promising Web audience I’ve found over several weeks of reporting in Indonesia. As such, friends in the venture capital business are peppering my inbox asking round-about-questions that all go back to the same central query:...