From: The Jakarta GlobeBy Francezka Nangoy Amid a bumper day of positive economic news for the country, the Investment Coordinating Board announced that foreign direct investment in Indonesia rose 11.6 percent in the first quarter from a year earlier.

TEMPO Interactive, Yogyakarta:The number of foreign tourists in Yogyakarta still depends on Indonesia’s main tourism destinations, such as Bali. That is the reason the Yogyakarta government has tried to improve their tourism industry through a world travel fair or “Travelmart”, from May 6 to...

TEMPO Interactive,Slawi:Tegal’s traditional broom exports to Japan have doubled to meet demand from the disaster-stricken country.“We are sending four containers per month to Japan,” Ismi Juliani, broom company CV Kembar Bina Usaha’s Production head, told Tempo yesterday.

TEMPO Interactive, Kulon Progo:The Kulon Progo government is ready to welcome potential Spanish investors, some of whom plan to make a return visit in early July.Kulon Progo regional secretary, Budi Wibowo, said that to accelerate Kulon Porgo economic development, the government will prioritize the...

Jakarta (ANTARA News) - Indonesia`s oil production can be boosted by reactivating the many old but still productive oil wells it has inherited from the Dutch but have been neglected so far, an observer said.

Jakarta (ANTARA News) - The Indonesian Young Entrepreneurs Association (HIPMI) hopes China will balance its huge volume of trade with Indonesia with more investments in priority sectors."We hope they will bring in more investments to Indonesia especially for infrastructure as they have the...