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Updated: 1 hour 33 min ago

Indonesia eyes new capital as Jakarta bursts at seams

Thu, 08/26/2010 - 11:28
JONGGOL (Indonesia): A mere pinprick on the map of Java, Jonggol's cluster of tiny red-roofed houses set among banana groves and shimmering waterlogged rice fields may in years to come be destined for greater things.Indonesia's capital, Jakarta, population 9.59 million, is overcrowded, set in an earthquake zone, prone to flooding,...

Indonesia raises 336 bln rph in sukuk private placement

Thu, 08/26/2010 - 10:04
JAKARTA, Aug 26 (Reuters) - Indonesia's finance ministry sold 336 billion rupiah ($37.45 million) of Islamic-compliant bonds, known as sukuk, to the religious affairs ministry through a private placement, the debt office said late on Wednesday.

17. Indonesia calls for calm over border row

Thu, 08/26/2010 - 06:48
JAKARTA: Indonesia said it was investigating reports that Malaysia allegedly abused three Indonesian officials after detaining them, but called for calm on both sides.

Indonesia Approved 15 O&G Projects through July; $3.4B Investment

Wed, 08/25/2010 - 20:52
Indonesia approved 15 development proposals submitted by oil and gas contractors so far this year as of July, representing total investment commitments of around $3.4 billion, BPMigas Chairman Raden Priyono said Wednesday.

Indonesia to file mercy for death penalty citizens in Malaysia

Wed, 08/25/2010 - 18:26
Indonesia will establish a team to file mercy for its three citizens who are facing death penalty in Malaysia, a minister said here on Wednesday.

Survey: Indonesia tops Asia list of copyright pirate centres

Wed, 08/25/2010 - 17:30
SINGAPORE: Indonesia has the worst record when it comes to protecting intellectual property rights (IPR) in Asia and Singapore the best, a survey of expatriate business people showed today. "Indonesia seems to have lost its momentum for cracking down on IPR abuses and making the system more compliant with international standards," Hong Kong-based Political and Economic Risk Consultancy (PERC ...

Indonesia must prioritize national interest related to dispute with Malaysia

Wed, 08/25/2010 - 16:55
Indonesia must prioritize national interest before taking steps related to dispute with Malaysia, a minister said in Jakarta on Wednesday. Foreign Minister Marty Natalegawa made the statement following calls from certain parties to withdraw Indonesia's ambassador from Malaysia.

Indonesia to step up security for Malaysian mission office after dispute

Wed, 08/25/2010 - 16:54
Indonesia will step up security at the Malaysian embassy office and for its diplomatic agents following rampant protests over the border incident of the two countries, spokesman of the Indonesian Foreign Ministry Teuku Faizasyah said in Jakarta Wednesday.

Indonesia launches military sport committee

Wed, 08/25/2010 - 16:54
Indonesia established a sport committee aimed at handling servicemen taking part in international sports event with initial deployment in Military Olympics scheduled for 2011, a minister said in Jakarta on Wednesday.

Indonesia to maintain GDP at 6.3%

Wed, 08/25/2010 - 16:29
JAKARTA: Government tends to maintain Indonesias economic growth target at 6.3% in the 2011s state budget draft although they admit it may grow higher than such target.

Indonesia is Asia copyright pirate centre: survey

Wed, 08/25/2010 - 14:59
Indonesia has the worst record when it comes to protecting intellectual property rights (IPR) in Asia and Singapore the best, a survey of expatriate business people showed Wednesday.

Public Mutual fund to tap Indonesia mart

Wed, 08/25/2010 - 14:21
Public Mutual Bhd's new fund, Public Indonesia Select Fund, will be launched on Sept 1, 2010, with the aim of benefiting from Indonesia's strong growth potential. The fund will invest in a diversified portfolio of blue chips, index stocks and growth stock primarily in the Indonesian market, with up to 30 per cent of its net asset value invested in the Malaysian and other global markets. With ...

Indonesia tops list of Asia's piracy hubs

Wed, 08/25/2010 - 13:18
INDONESIA has the worst record when it comes to protecting intellectual property rights (IPR) in Asia, while Singapore's the best.

Public Mutual to launch Public Indonesia Select Fund on Sept 1

Wed, 08/25/2010 - 11:50
KUALA LUMPUR: Public Mutual, a wholly owned subsidiary of Public Bank Bhd, is launching a new fund Public Indonesia Select Fund (PINDOSF) on Sept 1, 2010.The fund invests in a diversified portfolio of blue chips, index stocks and growth stocks primarily in the Indonesian market, with up to 30% of its net asset value (NAV) invested in the Malaysian and other global markets.In a statement ...

Indonesia: Arrests Too Slow After Violent Killing

Wed, 08/25/2010 - 09:13
The International Federation of Journalists joins its affiliate, the Alliance of Independent Journalists, in demanding that Indonesian authorities immediately arrest the known suspects in the killing of journalist Ridwan Salamun in Tual

Indonesia, Kuwait to debut in ice hockey tournament

Wed, 08/25/2010 - 07:25
INDONESIA and Kuwait will make their debut in the Malaysia International Ice Hockey tournament at the Sunway Pyramid Ice in Bandar Sunway, Selangor, from Sept 22-25.

Holidaymakers still flocking to Indonesia

Tue, 08/24/2010 - 23:40
KUALA LUMPUR: Malaysians have not been deterred from entering Indonesia despite ongoing protests in the republic. Malaysian Association of Tours and Travel Agents (Matta) president Datuk Mohd Khalid Harun assured travellers that Jakarta remained safe.

Indonesia's Krakatau Steel seeks export tax for iron ore

Tue, 08/24/2010 - 18:03
JAKARTA, Aug 24 (Reuters) - Indonesia's biggest steel maker, PT Krakatau Steel, said on Tuesday it wants the government to set an export tax on iron ore in order to secure adequate supplies for its steel project with South Korea's POSCO <005490.KS>.

Indonesia fin ministry raises 4 trln rph in bond auction

Tue, 08/24/2010 - 15:16
JAKARTA, Aug 24 (Reuters) - Indonesia's finance ministry raised a total of 4 trillion rupiah ($446.2 million) from bond auctions on Tuesday, exceeding its target of 3 trillion rupiah, said Rahmat Waluyanto, head of the debt office, in a telephone text message.

Indonesia cbank says forex reserves at $80.4 bn

Tue, 08/24/2010 - 14:07
JAKARTA, Aug 24 (Reuters) - Bank Indonesia's foreign exchange reserves stood at $80.4 billion as of August 20, said Hartadi Sarwono, a deputy governor of Indonesia's central bank. (Reporting by Adriana Nina Kusuma; Editing by Sara Webb)