Despite Targeting 2.8 Million Tourists for 2011, Bali Has No Need for More Accommodation.Bali is targeting total foreign tourist arrivals of between 2.6 – 2.8 million for 2011.The chief of the Bali Statistical Center (BPS), Gede Suarsa, told Bali Post, "that target is higher that the 2.

Badung Regency Resisting Governor's Order to Halt New Hotel Investments and Demolish Illegal Buildings in South Bali.Holding true to his pledge to push on with full implementation of Bali's new zoning law (RTRW) [See: Legal Challenge to Bali's New Zoning Law Fails], governor Made Mangku Pastika has...

JAKARTA Feb 7 (Reuters) - Singapore's Wilmar , the world's largest listed palm oil firm, will invest $900 million to build factories in Indonesia to produce palm oil products, an Indonesian government minister said on Monday.

TEMPO Interactive, Jakarta:An illegal ship belonging to a contractor hired by PT Chevron Pacific Indonesia, has been asked to immediately leave Indonesian waters. According to sea transportation director-general Sunaryo, the ship has been operating without proper documents.

Jakarta (ANTARA News) - The economic conditions of businesses and consumers had improved in the fourth quarter of 2010 marked by the increase of the Business Tendency Index (ITB) and Consumers` Tendency Index (ITK), Rusman Heriawan said here on Monday.

Jakarta (ANTARA News) - Publicly-listed cement maker PT Semen Gresik Tbk plans to set aside Rp6.3 trillion (US$700 million) in funds until 2015 to expand its business."The funds will be needed to increase annual production capacity to 30.

Jakarta (ANTARA News) - Finance Minister Agus Martowardojo said the country`s economic growth at 6.1 percent in 2010 pleased the government as it had exceeded the 5.8 percent assumed in the state budget."We hail the outcome.

Financial markets and industry players welcomed the news of better-than-expected economic growth, but they were split on whether 2011 would beat last year’s achievement.Gross domestic product rose 6.9 percent in the fourth quarter from a year earlier, the Central Bureau of Statistics (BPS)...

The government hopes improving infrastructure and developing science and technology under a new master plan for economic development will help Indonesia become one of the world’s top 10 economies by 2030.