Business & Economy


International Investors: Harm or Help

Wednesday, April 16th, 2008, 31 Comments

Whether internationa investment and foreign investors in Indonesia benefit the people.

Middle Income Developing Country

Friday, March 14th, 2008, 10 Comments

Indonesia is not a poor country and is one of the most appealing destinations for foreign investment.

List of Indonesian Billionaires

Friday, March 7th, 2008, 5 Comments

A list of Indonesian billionaires.

Burhanuddin Abdullah

Wednesday, February 6th, 2008, 2 Comments

Corruption allegations against Bank Indonesia governor Burhanuddin Abdullah.

2007 Exports

Monday, February 4th, 2008, 2 Comments

Indonesian exports rose by just over 13% in 2007.

Global Recession

Wednesday, January 23rd, 2008, 18 Comments

News on the current global economic recession, preparing for and surviving a recession, how recession proof is Indonesia.

Current Minimum Wage

Saturday, January 19th, 2008, 4 Comments

An increase in the current minimum wage in Indonesia.

2007 Investment

Tuesday, January 15th, 2008, 32 Comments

Foreign direct investment in Indonesia in 2007.

Aburizal Bakrie

Friday, December 14th, 2007, 32 Comments

Aburizal Bakrie is Indonesia’s richest man.

Fuel Subsidies

Wednesday, December 5th, 2007, 9 Comments

Fuel subsidies in Indonesia.

Euro vs Dollar

Monday, November 19th, 2007, 19 Comments

The euro vs dollar debate in selling oil.

Pribumi Business

Friday, November 2nd, 2007, 44 Comments

How to encourage pribumi entrepreneurs without discriminating against Chinese business.

Top Exporters

Monday, October 29th, 2007, 1 Comment

The top Indonesian exporters for 2007, and investment prospects.

Geothermal Energy

Wednesday, October 24th, 2007, 5 Comments

Indonesia’s developing of the geothermal energy and power industry.

Sharia Bonds

Wednesday, October 10th, 2007, 12 Comments

The Finance Ministry’s $1 billion sharia bond issue.

Trans Java Highway

Saturday, September 22nd, 2007, 8 Comments

The Trans Java toll road or highway.

Free Journals

Friday, September 21st, 2007, Comments Off

Free magazine subscriptions and journals.

BMW 5 Series

Thursday, September 20th, 2007, 13 Comments

The BMW Series 5 launches in Indonesia.

Palm Oil Plantations

Saturday, September 15th, 2007, 18 Comments

Buying palm oil estates and plantations in Indonesia.

Aceh Tourism

Thursday, September 6th, 2007, 18 Comments

Islamic law does not harm tourism in Aceh.

Batik Fashion

Monday, September 3rd, 2007, 1 Comment

Light, airy batik fashion is best.

Traditional Markets

Wednesday, August 29th, 2007, 8 Comments

Attempting to save traditional markets and promote Indonesian products.

Economic Crisis

Thursday, August 23rd, 2007, 5 Comments

Indonesia is especially vulnerable to world economic shocks and crises.

Labor Unions

Wednesday, August 15th, 2007, 11 Comments

Indonesian labor unions.

Foreign Consultants

Wednesday, August 1st, 2007, 49 Comments

No more foreign consultants should be hired by government agencies.

Economic Prospects

Friday, July 27th, 2007, 21 Comments

Lee Kuan Yew’s thoughts on Indonesian economic prospects.

Best Island Vacation

Thursday, July 26th, 2007, 28 Comments

Bali is the best vacation island in the world.

Indonesian Airlines

Friday, June 29th, 2007, 30 Comments

Indonesian airlines to be banned from flying into Europe.

Visit Indonesia Year 2008

Wednesday, June 20th, 2007, 70 Comments

The government is set to stage a “Visit Indonesia Year” in 2008.

Cement Industry

Tuesday, June 19th, 2007, 11 Comments

Cement industry demand and investment.

National Brand

Tuesday, June 12th, 2007, 12 Comments

Creating a national brand for Indonesia.

Tax Base

Monday, June 11th, 2007, 6 Comments

The tax base in Indonesia is low.

Media Porn & Profit

Wednesday, June 6th, 2007, 2 Comments

Much of the media in Indonesia is bad quality, pornographic and unprofitable.

2008 Economy

Tuesday, June 5th, 2007, 8 Comments

The parliament’s forecasts for Indonesian economic conditions in 2008.

Biofuel Production

Tuesday, May 22nd, 2007, 12 Comments

Making Indonesia number one in biofuel production.

Nationalization

Monday, May 7th, 2007, 26 Comments

On nationalizing oil, gas, and mining industries.

Management Skills

Wednesday, May 2nd, 2007, 34 Comments

Indonesian business and human resources management skills.

Official Development Assistance

Monday, April 30th, 2007, 2 Comments

Official Development Assistance (ODA) to Indonesia from Japan.

Land Reform

Friday, April 20th, 2007, 7 Comments

Land ownership in Indonesia is grossly unbalanced.

Jamu Products

Tuesday, April 17th, 2007, 3 Comments

Indonesian herbal medicine and jamu products, and quality standards.

Coolies or Entrepreneurs

Monday, April 16th, 2007, 6 Comments

Indonesia as a nation of coolies or entrepreneurs.

Economy Update

Saturday, April 7th, 2007, 14 Comments

The World Bank’s report card for the Indonesian economy, early 2007.

Top Companies

Monday, April 2nd, 2007, 2 Comments

The top four Indonesian companies, from Forbes.

Economic Development

Tuesday, March 27th, 2007, 39 Comments

Indonesia’s economic development is predicted to reach dizzy heights by 2030.

Singapore Housing

Wednesday, March 21st, 2007, 1 Comment

Indonesians dominate the Singapore housing property market.

Freddie Numberi

Tuesday, March 6th, 2007, 8 Comments

Freddie Numberi warns about foreign mafias attempting to destroy Indonesia.

Tourism Competitiveness

Sunday, March 4th, 2007, 17 Comments

Indonesia is ranked 60th in the tourism beauty stakes.

Bintan Island Investors

Friday, March 2nd, 2007, 4 Comments

Two investors desert Bintan island.

Freeport

Tuesday, February 27th, 2007, 16 Comments

Freeport contributed over $1.5 billion in revenues to Indonesia in 2006.

Farming Technology

Tuesday, February 20th, 2007, 27 Comments

Farmers in Indonesia are judged to be far behind their peers in comparable countries.

Batam Investors

Monday, February 19th, 2007, 2 Comments

Six Singaporean investors leave Batam.

2006 Economic Growth

Friday, February 16th, 2007, No Comments

The Indonesian economy grew by 5.5% in 2006.

Jakarta MRT

Wednesday, February 14th, 2007, 20 Comments

The Jakarta MRT, Mass Rapid Transit train system, is planned to open in 2014.

Modern Designer Furniture

Wednesday, February 14th, 2007, No Comments

Current trends in the Indonesian furniture industry are to the modern designer end.

Poverty Reduction

Tuesday, February 13th, 2007, 2 Comments

Indonesia is cashed up, says the World Bank, and should focus on poverty reduction.

Bali Villas

Tuesday, February 6th, 2007, 21 Comments

Advice on buying homes, houses, and villas and land in Bali.

2006 Exports

Sunday, February 4th, 2007, 1 Comment

The value of Indonesian exports reached 100 billion dollars in 2006.

Debt Ratings

Tuesday, January 30th, 2007, No Comments

Fitch Ratings has raised Indonesia’s debt rating outlook from stable to positive.

2006 FDI

Friday, January 26th, 2007, 51 Comments

Foreign investment inflows fell 33% in 2006.

Consultative Group on Indonesia (CGI)

Thursday, January 25th, 2007, 8 Comments

The Consultative Group on Indonesia (CGI) has been disbanded.

Syariah Banking

Monday, January 15th, 2007, 3 Comments

Jusuf Kalla says a sharia based financial system will better create prosperity.

Expat Medical Insurance

Monday, January 8th, 2007, 2 Comments

Expat insurance in Indonesia, health insurance for expatriates.

Cigarette Production & Consumption

Friday, December 22nd, 2006, 9 Comments

Cigarette production and consumption in Indonesia.

Oil Production

Wednesday, December 20th, 2006, 1 Comment

Oil production is forecast to continue to fall.

Apartment Buying

Sunday, December 17th, 2006, 44 Comments

Foreigners may soon be able to buy apartments in Indonesia.

Toyota Rush, Daihatsu Terios

Sunday, December 17th, 2006, 26 Comments

The Toyota Rush and Daihatsu Terios cars will soon be launched.

Bank Artha Niaga & Swadesi

Saturday, December 16th, 2006, No Comments

Bank Artha Niaga & Swadesi are being bought out by foreigners.

Toyota Fortuner & Avanza

Saturday, December 16th, 2006, 15 Comments

Toyota hopes to export the Fortuner model and increase exports of the Avanza.

World Bank on Poverty

Sunday, December 10th, 2006, 4 Comments

The World Bank says almost one in five people live in poverty.

Japanese Investment

Thursday, December 7th, 2006, 10 Comments

Indonesia is less attractive to Japanese investors in 2006, compared to last year.

Economic Freedom

Saturday, December 2nd, 2006, 4 Comments

Indonesia is ranked 134th worst in the 2006 Index of Economic Freedom.

Mall Heaven

Thursday, November 30th, 2006, 6 Comments

By 2008 there will be about eighty or ninety malls in Jakarta, up from sixty odd now, even while shoppers often prefer to go to Singapore.

Freehold Bails on Lapindo

Tuesday, November 28th, 2006, 3 Comments

Freehold Group Limited have canceled their purchase of Lapindo Brantas.

Bleak Economic Future

Thursday, November 23rd, 2006, 5 Comments

The US ambassador to Indonesia says the country’s economic prospects are bleak unless big changes are made.

Bureaucratic Red Tape

Tuesday, November 21st, 2006, 3 Comments

An example of some of the bureaucratic red tape that companies face in Indonesia.

FDI Plunges

Friday, November 17th, 2006, 5 Comments

Foreign direct investment (FDI) is down by 48% January to October from last year.

Halal, Profitable, & Safe

Wednesday, November 15th, 2006, No Comments

For Arab investors in Indonesia Islam and profitability are key factors, while for Americans it is safety and legal certainty.

Richard Ness of Newmont

Sunday, November 12th, 2006, 4 Comments

The cautionary tale of Newmont executive Richard Ness.

Bajaj Pulsar

Friday, November 10th, 2006, 21 Comments

Bajaj of India intends to take on the Indonesian motorbike market, with the 180cc Pulsar.

Retail Competition

Thursday, November 9th, 2006, No Comments

Retailers are complaining about too much competition.

Nissan Motors

Wednesday, November 8th, 2006, No Comments

Nissan Motors, and their cars, provide the most customer satisfaction in Indonesia, a survey says.

Shoe Industry

Tuesday, November 7th, 2006, No Comments

The Trade minister says the Indonesian shoe industry is still competitive and sound.

Intellectual Property Rights

Tuesday, November 7th, 2006, No Comments

Indonesia has been removed from the Priority Watch List for intellectual property rights violation.

Adidas Factories

Friday, November 3rd, 2006, 6 Comments

Three Adidas shoe factories in West Java close down.

Infrastructure Projects

Wednesday, November 1st, 2006, 2 Comments

Indonesia seeks $12 billion in funding for infrastructure projects.

Drought & Growth

Tuesday, October 31st, 2006, No Comments

Growth prospects may be harmed by drought while some continue to worry about the lacklustre performance of the economy overall.

Railways Law

Sunday, October 29th, 2006, No Comments

The railways industry will be opened up to limited competition but not fully privatised.

Base Transceiver Stations

Saturday, October 28th, 2006, No Comments

Construction of one thousand Base Transceiver Station units is being tendered out for the Telkom Flexi service.

Business Electricity Charges

Saturday, October 28th, 2006, No Comments

The state electricity company has intentions to reduce prices for industry.

Lion Air Upgrades

Friday, October 27th, 2006, No Comments

American and European banking syndicates are taking an interest in Lion Air.

Fiber Optic Investment

Thursday, October 26th, 2006, No Comments

The government is restricting the level of foreign investment permissible in the fiber optic industry.

Black Market Electronics

Monday, October 23rd, 2006, 2 Comments

The electronics manufacturing industry is struggling to compete with black market, parallel import, and smuggled goods.

Globalization Index

Saturday, October 21st, 2006, 2 Comments

Indonesia is ranked 60th in the AT Kearney/Foreign Policy Globalization Index.

Bank Profits

Friday, October 20th, 2006, No Comments

Profits reported by major Indonesian retail banks year to date have generally witnessed respectable gains on last year’s performance.

International Conferences & Conventions

Thursday, October 19th, 2006, No Comments

Ten Indonesian cities are held to be suitable for the holding of international conferences and conventions.

Foreign & Domestic Investment

Thursday, October 19th, 2006, No Comments

Notional foreign direct investment in the country is largely steady while in real terms FDI values have fallen significantly year to date. The domestic investment picture is modestly brighter.

Lapindo Brantas Losses

Wednesday, October 18th, 2006, 3 Comments

The company at the heart of the Sidoarjo mudflow disaster in East Java, Lapindo Brantas Inc., faces losses of over $100 million.

Textiles Companies’ THR Troubles

Wednesday, October 18th, 2006, No Comments

The number of companies experiencing difficulties in paying workers their annual bonus has increased, particularly in the textiles sector.

Rights of Use on Property

Wednesday, October 11th, 2006, No Comments

It is proposed that non-Indonesians be able to have rights of use over property and real estate for up to 70 years.

Toy Industry

Tuesday, October 10th, 2006, No Comments

Indonesian toy and games manufacturers struggle to compete with Chinese competition, even in the domestic market.

World Competitiveness Yearbook

Sunday, October 8th, 2006, No Comments

Another measure of competitiveness, from the IMD World Competitiveness Yearbook, sees Indonesia put in a poor light.

IMF Debt Repayment

Saturday, October 7th, 2006, No Comments

Indonesia will shortly pay off its entire debt to the IMF.

Tunjangan Hari Raya (THR)

Friday, October 6th, 2006, No Comments

The payment of the end-of-Ramadhan bonus, Tunjangan Hari Raya (THR), to workers is compulsory, according to the Labour minister.

The Gap & Banana Republic

Thursday, October 5th, 2006, 1 Comment

The Old Navy and Banana Republic brands may soon become features of middle class wardrobes as The Gap plans to open up shop in Indonesia.

Foreign Bank Acquisitions

Thursday, October 5th, 2006, No Comments

Bank Indonesia says it regards foreign players in the banking market no differently than their local counterparts.

TVS Motor Company

Wednesday, October 4th, 2006, 2 Comments

TVS Motor Company, producers of motorcycles, of India sees Indonesia as the base for its operations in South East Asia.

PT Krene, Gresik

Wednesday, October 4th, 2006, No Comments

Chinese and Vietnamese competition claims PT Krene, a manufacturer of bags and computer carry cases in Gresik, East Java, which has gone out of business.

Royal Doulton

Tuesday, October 3rd, 2006, 4 Comments

The Royal Doulton Company is happy with its investment in Indonesia and plans to put another $125 million into its operations here.

Primitive Housing

Sunday, October 1st, 2006, No Comments

About 14% of Indonesians live in pre-modern type housing, or primitive houses.

Fabulous BCA

Friday, September 29th, 2006, No Comments

Bank Central Asia, BCA, is the sole Indonesian listing in Forbes’ Fabulous 50 Asian companies.

Bank Halim & ICBC

Friday, September 29th, 2006, No Comments

Bank Halim may be bought out by ICBC of mainland China.

50 Banks Unsound

Thursday, September 28th, 2006, 1 Comment

Bank Indonesia says there are fifty banks in the country which are in an unhealthy state.

Frozen Eel Exports

Thursday, September 28th, 2006, No Comments

Frozen eel exports from Indonesia have met with rejection from European health officials.

Textiles Producers Equipment

Tuesday, September 26th, 2006, 1 Comment

Textiles producers are being encouraged to modernise their equipment with the offer of subsidies on loan repayments.

Chinese Transhipments

Tuesday, September 26th, 2006, No Comments

Indonesia fears its textiles industry could suffer sanctions from the US over the Chinese transhipments issue.

Kalla on Investment

Monday, September 25th, 2006, No Comments

An interview with vice president Jusuf Kalla as he discusses the investment climate in Indonesia.

Cruise Ships & Surfing in NTT

Sunday, September 24th, 2006, 2 Comments

East Nusa Tenggara province is being touted as a hot property in the tourism sector in years to come, with the cruise ship and surfing industries being targeted.

Competitiveness Rank

Thursday, September 21st, 2006, No Comments

Indonesia is ranked 50th on the World Economic Forum’s competitiveness scale, the highest it has ever scored.

Globalization Hurts

Wednesday, September 20th, 2006, 1 Comment

Free trade, or globalisation, is to blame for much financial suffering in Indonesia, says a scholarly body.

Motorcycle Sales

Tuesday, September 19th, 2006, No Comments

One barometer of the economy, motorcycle sales, has witnessed a modest improvement in August 2006.

No Oil Painting

Monday, September 18th, 2006, No Comments

Indonesia is not attractive as an investment destination, according to many, while the government sets the date for the passing of the new investment bill.

Contaminated Food Products

Monday, September 18th, 2006, No Comments

Reliance on chemical pesticides harms Indonesian food and agriculture exports to Europe.

Sri Mulyani Indrawati

Monday, September 18th, 2006, 3 Comments

Sri Mulyani is the all-Asia Finance Minister champion, according to Emerging Markets newspaper.

Yogyakarta Knowledge Park

Sunday, September 17th, 2006, No Comments

The city of Yogyakarta plans to build a Knowledge Park, or “Taman Pintar”, to spur on the information technology industry.

Pirate Software Sellers

Saturday, September 16th, 2006, No Comments

The courts may be getting serious about the selling of pirated computer software.

Car Sales

Saturday, September 16th, 2006, No Comments

Sales of cars in August 2006 bucked the recent downward trend but year-on-year comparisons paint a still bleak picture.

Cable TV

Saturday, September 16th, 2006, No Comments

Great opportunities are said to exist in the Indonesian cable television industry.

Interest Rates & Capital Flight

Friday, September 15th, 2006, No Comments

Bank Indonesia might provoke a monetary crisis by creating capital flight should it lower interest rates below 10%.

3G Phone Licenses

Friday, September 15th, 2006, No Comments

Three new licenses have been granted for the provision of 3G mobile or cell phone services in Indonesia.

Industrial Parks

Thursday, September 14th, 2006, 1 Comment

The government is gearing up to force the movement of manufacturing industries to industrial parks, while some lament the lack of infrastructure in such places.

Underdeveloped Villages

Wednesday, September 13th, 2006, No Comments

Rural poverty in Indonesia. Forty-five percent of villages in Indonesia are classed as underdeveloped.

Balinese Tourism Woes

Wednesday, September 13th, 2006, No Comments

Balinese tourism continues to struggle with tourist arrivals to Bali declined 20% from January to May 2006, on the same period in 2005.

2007 Growth Rates

Tuesday, September 12th, 2006, No Comments

The Governor of Bank Indonesia says economic growth in 2007 will be in the 5.3 - 6.3% range, implicitly casting into doubt the government’s budgetary forecast of 6.3%.

Aging Workforce

Monday, September 11th, 2006, No Comments

The Indonesian workforce is aging, with dire consequences for future business profitability and productivity.

Small Business Subsidies

Sunday, September 10th, 2006, No Comments

Small and medium sized businesses are to receive subsidies on their loans.

Competing with Singapore

Saturday, September 9th, 2006, 1 Comment

Indonesia still has a long way to go to compete with the likes of Singapore, says the head of the national investment body.

Doing Business

Friday, September 8th, 2006, 1 Comment

Indonesia remains a difficult place for doing business.

Direct Foreign Investment

Thursday, September 7th, 2006, 1 Comment

President Susilo Bambang Yudhoyono implores regional leaders to help in attracting direct foreign investment and capital.

Sukanto Tanoto

Thursday, September 7th, 2006, 20 Comments

The richest man in Indonesia is Sukanto Tanoto, says Forbes.

Consumer Goods Sales

Wednesday, September 6th, 2006, No Comments

Consumer goods sales in Indonesia are up by 10% in the first half of 2006.

Interest Rate Cut

Wednesday, September 6th, 2006, No Comments

Bank Indonesia has cut its base interest rate by 50 points to 11.25%.

Foreign Exchange Reserves

Wednesday, September 6th, 2006, No Comments

Bank Indonesia’s foreign exchange reserves are $42 billion rising from $41.13 billion the previous month.

Growth Forecasts

Tuesday, September 5th, 2006, No Comments

President Susilo Bambang Yudhoyono makes bold growth forecasts for the Indonesian economy.

Poverty Line Statistics

Monday, September 4th, 2006, 6 Comments

The number of those below the poverty line has risen by 3.95 million from 35.1 million in February 2005 to become 39 million by March 2006.

Tourist Arrivals

Saturday, September 2nd, 2006, No Comments

Tourist arrivals in Indonesia continue to decline overall in the period January to July 2006.

British Investment

Friday, September 1st, 2006, No Comments

The lack of British investment in Indonesia is a result of the difficulty in acquiring investment permits.

Investment from Japan

Friday, September 1st, 2006, No Comments

Since the economic crisis of the late 1990’s Japanese investment in Indonesia has declined dramatically.

Jepara Furniture Exports

Friday, September 1st, 2006, 1 Comment

The Jepara furniture industry may be becoming a sunset industry as exports continue to decline.

Special Economic Zone Hopefuls

Friday, September 1st, 2006, No Comments

At least ten provinces have proposed themselves, or parts of themselves, as candidates for special economic zone status.

Rupiah Stability

Friday, September 1st, 2006, No Comments

The Indonesian rupiah’s recent relative stability proves Indonesia is on the right track, says booster-man Stephen Schwartz.

Consumer Confidence in Surabaya

Friday, September 1st, 2006, No Comments

The last six months have witnessed a deterioration in economic conditions, according to grumpy consumers in East Java.

Investment & Growth News

Saturday, May 20th, 2006, No Comments

Investment and economic growth news, May 2006.

Forbes

Tuesday, April 25th, 2006, 1 Comment

First Playboy and now Forbes. Foreign media companies are taking an increasing interest in the Indonesian market.

Economic Growth to 2050

Monday, March 27th, 2006, 3 Comments

Prediction that by 2050 the Indonesian economy will have grown to almost 20% the size of the US economy.

Allianz Indonesia Sharia Life Insurance Policies

Tuesday, January 24th, 2006, 1 Comment

Allianz Indonesia is planning to offer sharia life insurance policies.

Indonesia Security Risk Upgraded

Wednesday, January 11th, 2006, No Comments

The 2006 Political & Economic Risk Map for Indonesia.

Indonesian Furniture Exports

Thursday, January 5th, 2006, 2 Comments

Indonesian furniture exports continue to stagnate as a result of weaknesses in competitiveness.

Sharia Compliant Banking

Thursday, January 5th, 2006, 1 Comment

Sharia Compliant Banking in Indonesia.

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