Hillary Clinton and Eric Schmidt Featured Speakers at July ASEAN Entrepreneur Summit in BaliJakarta Globe reports that the ASEAN Regional Entrepreneurship Summit schedule to be held in Bali in July will host more than 200 business leaders from across the region.U.S.

Government Projects US$2 billion Bali Rail SystemBisnis.com reports that the government is targeting the for a 600 kilometer rail system to be in operation in Bali by 2014 at a total project cost of Rp. 18 trillion (US$2 billion).

ByRirin Radiawati KusumaIn a bid to boost output, the Indonesian government has invited Japanese investors to develop small gas fields in the eastern part of the Southeast Asian nation.The Japan Bank for International Cooperation would help with financing for investors who want to work on those...

TEMPO Interactive, BALIKPAPAN:The Swiss-Belhotel and PT Hasta Kreasimandiri have joined forces to develop a star-rated condotel in Balcony, Balikpapan, East Kalimantan. The 17-storey building overlooking the sea will include a shopping center and playground.

TEMPO Interactive, Jakarta:Deputy secretary-general of the Organization for Economic Cooperation and Development (OECD) Richard Boucher, says that investment procedures in Indonesia is still too complicated.

TEMPO Interactive, Jakarta:A beleaguered global economy has weakened investment interest in Indonesia’s agriculture sector despite its natural resource wealth, said Deputy Agriculture Minister Bayu Krisnamurthi.

TEMPO Interactive, Jakarta:State-owned gas company, PT Perusahaan Gas Negara (PGN), is set to begin its construction of a natural gas recipient terminal in Belawan, North Sumatra. “We are expecting to start by October,” CEO Hendi Prio Santoso said in Jakarta on Monday.

TEMPO Interactive, Jakarta:PT Aneka Tambang is developing five projects to anticipate the implementation of Law no. 4/2009 on Mineral and Coal Mining in 2014. Antam CEO Alwin Syah Loebis, said he hoped the project would increase the company’s value and financial performance.