• Survey: Indonesia's Mining Sector Not Conducive for Foreign Investment

    Indonesia has been named one of the world's least attractive places regarding foreign investment in the mining sector according to a survey conducted by Canadian think-tank the Fraser Institute. Major concerns include legal uncertainty and red tape (bureacracy). Moreover, the country has been showing a worsening trend in recent years as its rank declined from 72th in 2009 to 97th in 2013.

    Lanjut baca ›

  • Indonesia's Motorcycle Sales Do not Show Satisfying Result yet

    Indonesian motorcycle sales in February only increased by 0.51 percent to 653,357 units compared to the previous month. This figure is regarded as a rather disappointing amount by the Indonesian Motorcycle Industry Association (AISI). A spokesman of the association said that Indonesians are postponing the purchase of a motorcycle, and instead spend their income on daily consumer goods.

    Lanjut baca ›

  • Coffee Consumption in Asia is Rising Sharply

    Contrary to coffee demand in Western countries (which is expected to grow by about one percent per year), coffee demand in Asia - and in line with the region's economic growth - is expected to grow by about five to ten percent annually. A number of Asian coffee bean producing and exporting countries exhibit populations that drink more coffee and thus need to allocate more of its production to the domestic market, at the expense of its export.

    Lanjut baca ›

  • Hindu Nyepi Day will Paralyze all Transportation to, from and on Bali

    On Tuesday 12 March there will be no transportation possible to the island of Bali, Indonesia's most popular destination in terms of tourism. On that day Hindus celebrate Nyepi, i.e. the Day of Silence or the Hindu New Year in the Balinese Saka calendar. Bali still contains a Hindu majority population amid Indonesia's Muslim-majority population. The island's traditional Hindu culture and customs is one reason for the annual millions of foreign arrivals.

    Lanjut baca ›