Indonesian Political, Business & Finance News

Archive: 17 February 2011

9 articles found

S. Korea forms special team to boost investment in RI

South Korea has formed a special team to focus on boosting economic and investment cooperation with Indonesia in response to a request from President Susilo Bambang Yudhoyono.The request was conveyed Wednesday morning in Seoul to South Korean President Lee Myung-bak through a letter handed over by...

Indonesia aims to boos tourism by 30 percent

Indonesia is targeting to draw more tourists from fellow ASEAN country members and boost the number by nearly 30 percent this year.Chrismiastutie, deputy director for ASEAN at Indonesia's Culture and Tourism Ministry, said Wednesday in Jakarta that the country was targeting to boost the number to 3.

The Bali Zoning Debate Bali Tries to Find a Balance Between Profit, Development and Cultural Preservation in Debating

Bali Tries to Find a Balance Between Profit, Development and Cultural Preservation in Debating Island-Wide Zoning Regulation.A leading Balinese voice on environmental and legal issues, Professor Sr. I.G.N.

List of South Bali Buildings Governor Wants Demolished

More Than 25 Structures on Governor Pastika's List of Building Standing Too Close to Bali's Uluwatu Temple.A formal letter from Bali's governor Made Mangku Pastika to the regent of Badung has identified at least 25 villas and hotels under threat of demolition if the 2009 Zoning Law (RTRW) is...

Battle Lines Forming in Bali Zoning War

Be worried. Be genuinely worried.At the risk of being branded an alarmist, we view the growing controversy over zoning in Bali as a potential tinder box that, if handled incorrectly, could grow into a pitched battle with tragic consequences for the people and the island of Bali.

Foreign Advertising Agencies Dominant in Bali

TEMPO Interactive, Denpasar:Almost half of advertising businesses in Bali is starting to be dominated by foreign advertising companies. Yet, the market is only one percent of the total national advertising spending.

Govt sets investment target for 2011 at Rp240 trillion

Padang, West Sumatra (ANTARA News) - The Investment Coordinating Board (BKPM) has set a target of investment for 2011 at Rp240 trillion compared to Rp208 trillion last year.The 2011 investment target represented a significant increase compared to 2009 when investment reached Rp135 trillion, BKPM...

US hopes Indonesia to create integrated market

Jakarta (ANTARA News) - US businessmen grouped in the US-ASEAN Business Council hope Indonesia as current chair of ASEAN could create an integrated market in the region."US companies are hoping for an integrated market in Southeast Asia that would make them easy to expand their businesses in...

S Korean firms to invest US$12 bln in Indonesia

Seoul (ANTARA News/Yonhap/OANA) - South Korean companies plan to invest US$12 billion in Indonesian business sectors such as steel, power production and distribution, the government said Wednesday.The Ministry of Knowledge Economy said the investment plan, unveiled at a bilateral meeting of senior...