JP/Ricky Yudhistira: JP/Ricky Yudhistira The Jakarta Post A man works at construction project in Jakarta on Friday. Bank Indonesia’s Economic Statistics and Monetary body says Indonesia’s property market has passed the “recession cycle” and has entered the “boom cycle”, during which property prices are expected to increase until 2014.
The Jakarta Post, Jakarta A delegation of local officials and business leaders presented opportunities available in Indonesia to participants of the 2012 World Economic Forum (WEF) in Davos, Switzerland on Friday. Tourism and Creative Economy Minister Mari Elka Pangestu said that the forum was a strategic opportunity to reinforce Indonesia’s position on the world’s economic [...]
Ayam taliwang, or roasted chicken, is a classic Lombok dish. (JG Photo/Petty Elliott) Jakarta Globe, Petty Elliott Lombok, an island neighboring Bali in West Nusa Tenggara, has gained popularity as a tourist destination in recent years. But few visitors are familiar with the island’s cuisine. Lombok cooking is characterized by its extensive use of fresh root [...]
Jakarta (ANTARA News) – President Susilo Bambang Yudhoyono has signed a regulation that 45 percent of Kalimantan island must be used for biodiversity conservation and tropical rainforest vegetation reserves to make the island the world`s lungs, a report said. Under the presidential regulation signed on January 5, 2012, the government would take a number of [...]
A golden jellyfish in Kalimantan’s Lake Jellyfish. Golden jellyfish do not sting. (Photo courtesy of Muljadi Pinneng Sulungbudi) Muljadi Pinneng Sulungbudi Living in Indonesia is great for me both as a diver and an underwater photographer for DiveMag. I’m lucky that I don’t have to fly for hours, or even days, to be able to [...]
A worker measures the elevation of rods at a construction site in Jakarta. Indonesia had its sovereign debt rating raised by Moody’s Investors Service to investment level for the first time in 14 years on Wednesday. (Reuters Photo) Dominic Diongson Indonesia had its sovereign debt rating raised by Moody’s Investors Service to investment level for [...]
Novan Iman Santosa and Nani Afrida, The Jakarta Post, Jakarta Indonesia will start modernizing its military hardware after a decade of internal reform riding on the back of an improving economy, Defense Minister Purnomo Yusgiantoro told repoters Monday. “The Indonesian Military has been involved in internal reforms, such as disengagement from political and business activities,” [...]
Jimmy Hitipeuw JAKARTA, KOMPAS.com – Bank Indonesia has estimated that foreign investment (PMA) in 2012 would continue to increase due to the improved investment climate in Indonesia which was marked by the increase in Indonesia’s rating to investment grade. “We estimate it may reach 19.1 – 19.2 billion US dollars, higher than last year’s 18.7 [...]
The latest type of N-219 that will soon be produced by PDI Jimmy Hitipeuw BANDUNG, KOMPAS.com – PT Dirgantara Indonesia (PTDI) will soon start producing the latest type of N-219, which is a STOL (short-take off and landing) plane. This year PTDI will build two prototypes for test flying and status tests on land, Technology [...]
Minister of Finance, Agus Martowardojo Rendi A. Witular, The Jakarta Post, Jakarta The government has allocated Rp 112 trillion (US$11.7 billion) to help cushion the impact of the global financial crisis should it heavily impact on Indonesia this year, said Finance Minister Agus Martowardojo. The fund, he said, was on top of an emergency fund [...]
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