Indonesia will host an international tuna fishery workshop to highlight the fact that several fishery industries in the world are still interested in Indonesias commodity. “Indonesia will host an international workshop on Tuna fishery in Jakarta during May 19 to 20, 2014,” the...

Indonesia climbs 5 notches to become world’s 10th largest economy Indonesia is the world’s 10th-largest economy, climbing five places in six years, according to a recent World Bank affiliate’s report. In the report compiled by the 2011 International Comparison Program (ICP),...

Indonesia has introduced new regulations restricting foreign investment in drilling, maintenance and construction in the oil industry, in an effort to give domestic firms an opportunity to better compete, government officials confirmed on Monday. The nationalistic policies were introduced as...

Toyota Motor Manufacturing Indonesia, or TMMIN, is targeting a 30 percent increase in exports this year, in line with its rising production capacity. The company, the local manufacturing unit of the Japanese automaker, says it plans to export 152,000 completely built units this year, from...

PT Indonesia Infrastructure Finance plans to raise by at least 60 percent the funding that the government-backed company provides to help build roads, power plants and airports in Southeast Asia’s largest economy. The financial institution will increase loans this year to more than 4...

Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that it was selected to provide a satellite to PT. Bank Rakyat Indonesia (Persero) Tbk. (BRI), the oldest and most profitable bank in Indonesia. The SSL-built satellite will make BRI the first bank in the...

Terra Power was considering a request to build a nuclear reactor of the latest generation in Indonesia, an official said. President of PT Batan Tekno Yudiutomo Imardjoko said he had proposed to Terra Power, which is owned by the Microsoft founder Bill Gates, the plan to build the nuclear...

Maskapai internasional asal Hong Kong Dragon Air resmi membuka rute baru Hongkong-Denpasar-Hong Kong sekaligus merupakan kota pertama penerbangan maskapai tersebut di Indonesia. Selain itu, rute ini juga menjadi tujuan ke-15 yang diluncurkan oleh maskapai sejak dua tahun terakhir. Chief...

The Indonesia Ministry of Tourism and Creative Economy has allowed foreign investment in tourism sector to reach 100 percent share as long as the investor has a joint venture with a local partner. “The foreign investment in the tourism sector is allowed to reach 100 percent with a...

Ajinomoto’s cosmetic ingredients plant in Indonesia begins operation Ajinomoto Co. has started full-scale operation of a plant in Indonesia to produce cosmetic ingredients–raw materials for personal care products such as cosmetics, shampoo and body wash, the company said April...

Indonesia’s central bank seeks to boost epayments industry with updated regulations Epayments are taking off in Indonesia as ecommerce grows in country. That has caused the Bank of Indonesia to revise its regulations governing the nation’s epayment services. The central bank recently...

Indonesia is set to overtake Thailand as Southeast Asia’s biggest car market as early as this year, driven by an expanding middle class and growing demand for budget, environmentally friendly vehicles, company executives and analysts said. Auto sales in Indonesia, Southeast Asia’s...

Second Kawasaki motorcycle plant in Indonesia starts production Kawasaki Heavy Industries Ltd. said its second motorbike factory in Indonesia started production April 8 to meet growing demand in the world’s third largest motorcycle market. The new factory, operated by the Japanese...

Travel to Indonesia for Komodo Dragons, Manta Rays. Forget postcard-pretty Bali and go deep into the planet’s wildest archipelago. Garuda’s new direct flight from London to Jakarta, start May 29, 2014 IT’S VAST With around 18,000 tropical volcanic islands, this archipelago is easily...

Garuda Indonesia eyes Komodo Airport to expand business National flag carrier PT Garuda Indonesia is the first company to submit a proposal to take over the management of one of the 10 non-commercial airports on offer from the Transportation Ministry. The ministry’s airport director,...

Toyota begins exporting Indonesia-made sedans to Middle East Toyota Motor Corp. said March 26 that the automaker has started exporting Indonesia-produced Vios sedans to the Middle East for the first time. Toyota’s vehicle production subsidiary in Indonesia, PT. Toyota Motor Manufacturing...

Panasonic develops stand-alone PV power system The company’s Power Supply Container generates and stores solar energy, and is ideal for for rural off-grid areas. Japanese eectronics giant Panasonic has this week unveiled a new stand-alone solar power system that the company claims is ideal...

Menteri Perindustrian MS Hidayat meyakini kinerja industri kreatif Indonesia akan melampaui Korea Selatan dalam jangka waktu lima tahun ke depan atau 2019. Hidayat saat meresmikan Denpasar Design Center (DDC) di Denpasar, Jumat, mengatakan untuk dapat melampaui industri kreatif Korea Selatan,...

Thai Unrest Spurs Japan Inc. to Turn Focus to Indonesia Indonesia plans to woo companies from Japan to Europe as political turmoil in Thailand and rising wages in Malaysia boost the attractiveness of Southeast Asia’s biggest economy. The Indonesia Investment Coordinating Board plans to visit...

Obama Orders Streamlined Import, Export Approvals President Barack Obama signed an executive order on Wednesday that will attempt to speed from days to minutes how quickly small businesses gain U.S. government approval for exports or imports. The order, signed on Air Force One as Obama flew to...

Orang-orang di seluruh dunia berimigrasi ke Amerika untuk mengadu nasib. Dan banyak dari mereka berhasil mewujudkan mimpi mereka dengan menjalankan usaha kecil menengah. Keluarga Steve Doudaklian adalah salah satunya. Ayahnya datang ke Amerika lebih dari tiga dasawarsa lalu dari Lebanon dan...

A report by the U.S. Congressional Budget Office predicts the new health care reform law will shrink the work force by more than 2 million full-time positions. The report, released Tuesday, may fuel the debate over whether the health care reform law known as “Obamacare” is good for...

The Singaporean government has a financing program to assist Singaporean startups for expansion into Indonesia. The program has received mixed reviews from Indonesian economists. The booming Indonesian economy has significant potential for foreign investors. A number of foreign companies have...

The International Monetary Fund is predicting the world economy will advance at a faster pace this year. IMF economic counselor Olivier Blanchard said Tuesday in Washington that the global economy will grow by 3.7 percent in 2014, up from last year’s 3 percent rise. He said the...

The definition of modern retailing is evolving as retailers look at using new technology to help lure more customers. New York’s Convention center was the site of the 103rd National Retail Federation expo, where some of the latest innovations were center stage. It’s called the Big Show for...

Pakistan’s new government under Prime Minister Nawaz Sharif said it believes efforts to improve trade links with India can eventually become a major “confidence-building” step toward normalizing bilateral relations. Pakistan and India have made considerable progress in the last three...