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Economic

Indonesia Resumes Trade Talks with EFTA Countries

Indonesia will send a large delegation to Switzerland next week to resume negotiations on the establishment of a comprehensive economic partnership agreement (CEPA) between Southeast Asia’s biggest economy and four members of the European Free Trade Association (EFTA). The Indonesian delegation that will consist of officials from related ministries is expected to tackle a number of barriers impeding trade and ... Read More »

UGM Installs Youngest Professor of Herbal Medicine

Gadjah Mada University, one of the country’s oldest universities, has appointed its youngest professor of pharmacology. Agung Endro Nugroho,36 years old, has been rewarded a professorship as he was considered to have played a pivotal role in encouraging and developing studies to enhance herb-based medicine as an alternative remedy. Agung’s installation speech had been given on Thursday at the university’s ... Read More »

Bali Government Carries Out Coral Reef Rehabilitation Progrram

The Bali provincial administration conducted a coral reef rehabilitation program to ensure the sustainability of marine habitat. The coral reef rehabilitation program was conducted because 20,8 percent of the existing 7.200-hectare coral reefs in Bali were in damage condition, a spokesman of the Bali provincial administration I Ketut Teneng said here on Thursday. He said that the rehabilitation work of ... Read More »

Eastern Indonesia`s Biodiversity Prone to Biopiracy

The biodiversity in Eastern Indonesian region was prone to biological theft or biopiracy as most of the species diversity in the region has yet to be registered and identified, an official said. “There are enclaves in Eastern Indonesia that need to be protected to prevent the piracy on the biodiversity,” Deputy of Environmental Damage and Climate Change Control of the ... Read More »

Indonesia`s Economy to Continue to Grow

Indonesia`s economy will continue to grow despite increasing political activities ahead of the general elections in 2014, Vice President Boediono said here on Thursday. “I believe 2014 will bring a new drive that will strengthen reform. I am optimistic of the prospects,” he said in his key address at the “Economist Conference Indonesia Summit 2013.” He said the facts had ... Read More »

Indonesia and Britain to Follow Up Creative Economic Cooperation

Indonesia and Britain will follow up creative economic cooperation through a working team, approved by Indonesian Ministry of Tourism and Creative Economy and British Council. In a press statement here on Wednesday, Harry Waluyo, the Secretary for Body of Resource Development in the Ministry of Tourism and Creative Economy, said there would be a concrete implementation of a Memorandum of ... Read More »

Banten Offers Investment on Fisheries to European Countries

The Banten provincial government has offered investment and cooperation in the fishery sector to European businessmen. “Businessmen in European countries are interested in our fisheries industry,” Head of Investment Coordinating Board and Integrated Services (BKPMPT) of Banten Eneng Nurcahyati said here on Thursday. She said that Banten Governor Ratu Atut Chosiyah and the Ukraine and the Georgian ambassadors have discussed ... Read More »

35 Indonesian Students to Participate in International Science Olympiads

At least thirty four Indonesian students, ranging from junior to senior high schools, will participate in several international science olympiad competitions after winning the Fifth Indonesian Science Project Olympiad (ISPO) here on Thursday. “We only facilitate students to be selected to participate in a number of international science Olympiads in foreign countries,” said Secretary General of the ISPO Sabar Risdadi ... Read More »

Insight: Indonesia’s Active Role in Global Affairs: An Indonesian to head the WTO?

One of the hallmarks of President Susilo Bambang Yudhoyono’s second term has been Indonesia’s willingness to once again take a leadership role in international and regional affairs. The Indonesian government’s decision to put Tourism and Creative Economy Minister (and former trade minister) Mari Elka Pangestu forward as a candidate for director general of the World Trade Organization (WTO) is further ... Read More »

Sudan Invites Indonesia to Invest on Oil and Gas

Sudan parliament extended its invitation to Indonesian government to invest on oil and gas during their visit to Indonesian Ministry of Energy and Mineral Resources. The visit to Indonesia was following President Susilo Bambang Yudhoyono meeting with his Sudan counterpart earlier this year. “They invite government and state oil and gas company Pertamina to invest,” Vice Minister of Energy and ... Read More »