Boediono said among the step already taken by the government was revising negative list of investment by increasing transparency and more importantly, improving competitive edge and services. Perth, Australia (ANTARA News) - Visiting Vice President Boediono said the Indonesian government is...

Antara, Jakarta A 8.9-magnitude earthquake that rocked Japan and unleashed a 10-meter high tsunami may have the potential of affecting Indonesia`s exports to Japan, an official said."So exporters, importers and business world alike should be patient or switch to new markets other than...

By Esther Samboh,Jakarta Indonesia’s exports and imports with Japan may be impeded by the recent massive earthquake and tsunami that resulted in damaged infrastructure in mainly coastal parts of the archipelago.

By Muhamad Al Azhari State construction company Wijaya Karya has completed a Rp 500 billion ($57 million) diesel-fired power plant in Denpasar, Bali, with a total capacity of 50 megawatts.The state firm, known as Wika, plans to sell its electricity to Indonesia Power, a unit of state utility...

Governor Pastika Wants Future Investors to Be Carefully Screened with Priority Given to Local Investors with a Demonstrated Commitment to Bali.Bali's governor Made Mangku Pastika has declared that Bali must become more selective in receiving investors in the future, accepting only those who...

Gianyar Bali Officials Post Closure Notice at Entrance to Ubud Hanging Garden Resort and Spa.The Bali Post reports that the regional government of Gianyar and local enforcement officials have affixed a closure notice (segel) at the entrance to the Hanging Garden Luxury Resort & Spa located in...

While economists said in preliminary assessments that damage from Japan’s earthquake and tsunami would have a limited impact on world markets, some Indonesians were not so sure.Businesspeople and government officials sounded a note of concern about a potential disruption to trade and investment...

From: The Jakarta GlobeSingapore. Indonesian feed millers are snapping up corn cargoes from India, striking the biggest import deals with New Delhi in at least two years as Jakarta rushes to secure food supplies amid shrinking global grain stocks.

BI Eyeing 42% Jump in Foreign InvestmentFrom: The Jakarta GlobeBy Dion BisaraNusa Dua, Bali. Bank Indonesia is bullish that foreign direct investment this year will surge 42 percent to $14.5 billion on the back of growing optimism about Indonesia, but it expects capital market inflows to fall as...

TEMPO Interactive, NUSA DUA:Bank Indonesia’s research and monetary policy director Perry Warjiyo, said the flow of foreign funds to developing countries was increasing due to improvements in the US economy. Developing countries in Asia will receive foreign funds as they have promising potential.

TEMPO Interactive, Jakarta:The government has targeted the development of six national economic corridors which are expected to be the new economic development center. The six corridors are Java’s northern Coast corridor I), East Trans-Sumatra (II), South Trans-Kalimantan (III), Trans-Sulawesi...

Guess whose turn to get hammered? Immigration Blitzkrieg ContinuesYES, last week it was our turn to come under the attention of the team from Immigrasi.Purely a coincidence, of course, and nothing to do with the report on Immigration activities which appeared in our previous newsletter (4 February).

EXPATS OPERATING businesses or consulting services in Batam are being alerted to be aware of a cabal of Immigration officials currently seeking to extort money over trivial or inconsequential technical breaches of Visa rules.