Whether internationa investment and foreign investors in Indonesia benefit the people.
Indonesia is not a poor country and is one of the most appealing destinations for foreign investment.
A list of Indonesian billionaires.
Corruption allegations against Bank Indonesia governor Burhanuddin Abdullah.
Indonesian exports rose by just over 13% in 2007.
News on the current global economic recession, preparing for and surviving a recession, how recession proof is Indonesia.
An increase in the current minimum wage in Indonesia.
Foreign direct investment in Indonesia in 2007.
Aburizal Bakrie is Indonesia’s richest man.
How to encourage pribumi entrepreneurs without discriminating against Chinese business.
The top Indonesian exporters for 2007, and investment prospects.
Indonesia’s developing of the geothermal energy and power industry.
The Finance Ministry’s $1 billion sharia bond issue.
Buying palm oil estates and plantations in Indonesia.
Attempting to save traditional markets and promote Indonesian products.
Indonesia is especially vulnerable to world economic shocks and crises.
No more foreign consultants should be hired by government agencies.
Lee Kuan Yew’s thoughts on Indonesian economic prospects.
Bali is the best vacation island in the world.
Indonesian airlines to be banned from flying into Europe.
The government is set to stage a “Visit Indonesia Year” in 2008.
Much of the media in Indonesia is bad quality, pornographic and unprofitable.
The parliament’s forecasts for Indonesian economic conditions in 2008.
Making Indonesia number one in biofuel production.
On nationalizing oil, gas, and mining industries.
Indonesian business and human resources management skills.
Official Development Assistance (ODA) to Indonesia from Japan.
Indonesian herbal medicine and jamu products, and quality standards.
Indonesia as a nation of coolies or entrepreneurs.
The World Bank’s report card for the Indonesian economy, early 2007.
Indonesia’s economic development is predicted to reach dizzy heights by 2030.
Indonesians dominate the Singapore housing property market.
Freddie Numberi warns about foreign mafias attempting to destroy Indonesia.
Indonesia is ranked 60th in the tourism beauty stakes.
Freeport contributed over $1.5 billion in revenues to Indonesia in 2006.
Farmers in Indonesia are judged to be far behind their peers in comparable countries.
The Indonesian economy grew by 5.5% in 2006.
The Jakarta MRT, Mass Rapid Transit train system, is planned to open in 2014.
Current trends in the Indonesian furniture industry are to the modern designer end.
Indonesia is cashed up, says the World Bank, and should focus on poverty reduction.
Advice on buying homes, houses, and villas and land in Bali.
The value of Indonesian exports reached 100 billion dollars in 2006.
Fitch Ratings has raised Indonesia’s debt rating outlook from stable to positive.
The Consultative Group on Indonesia (CGI) has been disbanded.
Jusuf Kalla says a sharia based financial system will better create prosperity.
Expat insurance in Indonesia, health insurance for expatriates.
Cigarette production and consumption in Indonesia.
Oil production is forecast to continue to fall.
Foreigners may soon be able to buy apartments in Indonesia.
The Toyota Rush and Daihatsu Terios cars will soon be launched.
Bank Artha Niaga & Swadesi are being bought out by foreigners.
Toyota hopes to export the Fortuner model and increase exports of the Avanza.
The World Bank says almost one in five people live in poverty.
Indonesia is less attractive to Japanese investors in 2006, compared to last year.
Indonesia is ranked 134th worst in the 2006 Index of Economic Freedom.
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 Group Limited have canceled their purchase of Lapindo Brantas.
The US ambassador to Indonesia says the country’s economic prospects are bleak unless big changes are made.
An example of some of the bureaucratic red tape that companies face in Indonesia.
Foreign direct investment (FDI) is down by 48% January to October from last year.
For Arab investors in Indonesia Islam and profitability are key factors, while for Americans it is safety and legal certainty.
The cautionary tale of Newmont executive Richard Ness.
Bajaj of India intends to take on the Indonesian motorbike market, with the 180cc Pulsar.
Retailers are complaining about too much competition.
Nissan Motors, and their cars, provide the most customer satisfaction in Indonesia, a survey says.
The Trade minister says the Indonesian shoe industry is still competitive and sound.
Indonesia has been removed from the Priority Watch List for intellectual property rights violation.
Three Adidas shoe factories in West Java close down.
Indonesia seeks $12 billion in funding for infrastructure projects.
Growth prospects may be harmed by drought while some continue to worry about the lacklustre performance of the economy overall.
The railways industry will be opened up to limited competition but not fully privatised.
Construction of one thousand Base Transceiver Station units is being tendered out for the Telkom Flexi service.
The state electricity company has intentions to reduce prices for industry.
American and European banking syndicates are taking an interest in Lion Air.
The government is restricting the level of foreign investment permissible in the fiber optic industry.
The electronics manufacturing industry is struggling to compete with black market, parallel import, and smuggled goods.
Indonesia is ranked 60th in the AT Kearney/Foreign Policy Globalization Index.
Profits reported by major Indonesian retail banks year to date have generally witnessed respectable gains on last year’s performance.
Ten Indonesian cities are held to be suitable for the holding of international conferences and conventions.
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.
The company at the heart of the Sidoarjo mudflow disaster in East Java, Lapindo Brantas Inc., faces losses of over $100 million.
The number of companies experiencing difficulties in paying workers their annual bonus has increased, particularly in the textiles sector.
It is proposed that non-Indonesians be able to have rights of use over property and real estate for up to 70 years.
Indonesian toy and games manufacturers struggle to compete with Chinese competition, even in the domestic market.
Another measure of competitiveness, from the IMD World Competitiveness Yearbook, sees Indonesia put in a poor light.
Indonesia will shortly pay off its entire debt to the IMF.
The payment of the end-of-Ramadhan bonus, Tunjangan Hari Raya (THR), to workers is compulsory, according to the Labour minister.
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.
Bank Indonesia says it regards foreign players in the banking market no differently than their local counterparts.
TVS Motor Company, producers of motorcycles, of India sees Indonesia as the base for its operations in South East Asia.
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.
The Royal Doulton Company is happy with its investment in Indonesia and plans to put another $125 million into its operations here.
About 14% of Indonesians live in pre-modern type housing, or primitive houses.
Bank Central Asia, BCA, is the sole Indonesian listing in Forbes’ Fabulous 50 Asian companies.
Bank Halim may be bought out by ICBC of mainland China.
Bank Indonesia says there are fifty banks in the country which are in an unhealthy state.
Frozen eel exports from Indonesia have met with rejection from European health officials.
Textiles producers are being encouraged to modernise their equipment with the offer of subsidies on loan repayments.
Indonesia fears its textiles industry could suffer sanctions from the US over the Chinese transhipments issue.
An interview with vice president Jusuf Kalla as he discusses the investment climate in Indonesia.
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.
Indonesia is ranked 50th on the World Economic Forum’s competitiveness scale, the highest it has ever scored.
Free trade, or globalisation, is to blame for much financial suffering in Indonesia, says a scholarly body.
One barometer of the economy, motorcycle sales, has witnessed a modest improvement in August 2006.
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.
Reliance on chemical pesticides harms Indonesian food and agriculture exports to Europe.
Sri Mulyani is the all-Asia Finance Minister champion, according to Emerging Markets newspaper.
The city of Yogyakarta plans to build a Knowledge Park, or “Taman Pintar”, to spur on the information technology industry.
The courts may be getting serious about the selling of pirated computer software.
Sales of cars in August 2006 bucked the recent downward trend but year-on-year comparisons paint a still bleak picture.
Great opportunities are said to exist in the Indonesian cable television industry.
Bank Indonesia might provoke a monetary crisis by creating capital flight should it lower interest rates below 10%.
Three new licenses have been granted for the provision of 3G mobile or cell phone services in Indonesia.
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.
Rural poverty in Indonesia. Forty-five percent of villages in Indonesia are classed as underdeveloped.
Balinese tourism continues to struggle with tourist arrivals to Bali declined 20% from January to May 2006, on the same period in 2005.
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%.
The Indonesian workforce is aging, with dire consequences for future business profitability and productivity.
Small and medium sized businesses are to receive subsidies on their loans.
Indonesia still has a long way to go to compete with the likes of Singapore, says the head of the national investment body.
Indonesia remains a difficult place for doing business.
President Susilo Bambang Yudhoyono implores regional leaders to help in attracting direct foreign investment and capital.
The richest man in Indonesia is Sukanto Tanoto, says Forbes.
Consumer goods sales in Indonesia are up by 10% in the first half of 2006.
Bank Indonesia has cut its base interest rate by 50 points to 11.25%.
Bank Indonesia’s foreign exchange reserves are $42 billion rising from $41.13 billion the previous month.
President Susilo Bambang Yudhoyono makes bold growth forecasts for the Indonesian economy.
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 in Indonesia continue to decline overall in the period January to July 2006.
The lack of British investment in Indonesia is a result of the difficulty in acquiring investment permits.
Since the economic crisis of the late 1990’s Japanese investment in Indonesia has declined dramatically.
The Jepara furniture industry may be becoming a sunset industry as exports continue to decline.
At least ten provinces have proposed themselves, or parts of themselves, as candidates for special economic zone status.
The Indonesian rupiah’s recent relative stability proves Indonesia is on the right track, says booster-man Stephen Schwartz.
The last six months have witnessed a deterioration in economic conditions, according to grumpy consumers in East Java.
Investment and economic growth news, May 2006.
First Playboy and now Forbes. Foreign media companies are taking an increasing interest in the Indonesian market.
Prediction that by 2050 the Indonesian economy will have grown to almost 20% the size of the US economy.
Allianz Indonesia is planning to offer sharia life insurance policies.
The 2006 Political & Economic Risk Map for Indonesia.
Indonesian furniture exports continue to stagnate as a result of weaknesses in competitiveness.
Sharia Compliant Banking in Indonesia.
Copyright Indonesia Matters 2006-08
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