Indonesian Political, Business & Finance News

Archive: 25 September 2010

2 articles found

Indonesia Should Do More to Encourage Home-Grown Entrepreneurs: Experts

Jakarta. As Indonesia’s economy enjoys surging growth and makes strides to become a more featured player on the global stage, business experts say the country suffers from an alarmingly low rate of entrepreneurship. According to Jakarta State University (UNJ) chancellor Bedjo Sujanto, 5 percent of Indonesia’s 240 million people should ideally be entrepreneurs, because an entrepreneur can employ 20 people, on average. “One employer for every 20 employees is ideal, not too high, not too low.

E Lampung needs investors

Sukadana, Lampung (ANTARA News) - East Lampung district, Lampung province, needs investors to develop its seaweed cultivation potentials as the business was now mostly run by locals with small capital who were unable to meet market demand, a local investment official said. Mulyanda, head of East Lampung`s investment office, said here Friday most seaweed cultivation operations in East Lampung`s coastal areas were small scale and run by local people.