Black hose reads: Infrastructure

White hose reads: Bureaucracy

Writing on pot plant: Investment

Jakarta – The national banking industry appears to be controlled by foreign interests. The proportion of foreign ownership has steadily risen to almost half of the total capacity of the banking industry.

Joniansyah, Tangerang – The increase in the price of fuel in late May has resulted in the collapse of thousands of small- and medium-scale enterprises (SME) in Tangerang regency. Around 50 percent out of 17,353 SMEs in the region have closed down due to bankruptcy.

Joniansyah, Tangerang – More than 18 thousand employees from various companies in the Jakarta satellite city of Tangerang are now unemployed. They lost their jobs because the companies where they worked closed down.

Jakarta – The government’s economic growth target for 2007 of 6.3 percent has been reached. But growth in the manufacturing and agricultural sectors – which supports real sector growth – continues to weaken.

Banda Aceh – A plan by the Aceh government to liquidate the Asean Aceh Fertilizer (AAF) factory and have it managed by a foreign company has been opposed by the Aceh People’s Party (PRA). The PRA is instead calling for the government to restart operations at the factory.

Indra Shalihin, Jakarta – Wearing traditional woven bamboo hats, housewives, farmers and student went to the Constitutional Court on Thursday July 5 to demand that Law No. 25/2007 on Capital Investment be revoked.

The following statement was to be presented during action by the National Liberation Party of Unity (Papernas) at the Hotel Shangri-La in Jakarta on March 29 to protest a meeting on the Millenium Development Goals and the newly passed Foreign Investment Law.

Muhammad Nur Hayid, Jakarta – The ratification of the Draft Law on Capital Investment by the House of Representatives (DPR) is drawing opposition. The Poor People’s Network (JRM) opposes what they call a new form of colonialism and are urging the DPR not to ratify the draft into law.