Friends

Welcome back after the holiday and we wish you all a prosperous coming month.

2. SBA News

The SBA Networking cocktail (every 2^nd Wednesday every month) will be at Club Macanudo in Shangri-La Hotel, from 19.00 to 21.00 on Wednesday November 12 and we offer free flow of drinks (wine, beer, whiskey, soft drink) between 19.00 and 21.00. The self cost is IDR 100,000 per person. No prior registration needed, just come.

All members of Swedish Business Association are offered a 20% discount on all products at www.swedishdetails.com. You just go to the site and use the code SBAI5854282 when you do your shopping. The offer is valid until December 10 and there are a lot of really Swedish products for Christmas.

3. Embassy News

The Director - General for Trade, Ministry for Foreign Affairs, Mr Anders Ahnlid, visited Jakarta on 24 October. The aim of the visit was to discuss ways and means to further enhance the bilateral trade relations between Sweden and Indonesia. Mr Ahnlid with delegation was received by HE Vice President Jusuf Kalla. During his visit, Mr Ahnlid also met with Director-General for International Trade Cooperation, Ambassador Gusmardi Bustami, Director-General of Customs and Excise, Mr Anwar Suprijadi, Director-General of Multilateral Affairs, Mr Reslan Ishar Jenie of DEPLU and other key officials at the Ministry of the Environment and the ASEAN Secretariat as well as the Chairman of APINDO Mr Sofjan Wanandi, and Board Members of KADIN Indonesia.

The Indonesian Minister of Information and Communication, Mr Muhammad Nuh, will visit Sweden by the invitation of the Swedish Ministers for Trade and for Infrastructure. The visit is planned to take place in mid November. Mr Nuh, who will be accompanied by a delegation from his Ministry, will hold talks with Swedish Ministers and Government Officials and meet representatives of the Swedish telecommunications industry..

Friends

Foreign investments into Indonesia continue to slow down, which the Government ought to address. BKMP, a governmental body set to stimulate and encourage FDI, now needs get its act together and start to deliver. However together with the Government, often questions and concerns aren't clarified, but rather leave analysts/ investors to interpret laws, regulations and decrees themselves, which creates uncertainty. As a result, we do see less equity in the market, creating an increasing demand for Vendor financing. The above, together with the increased inflation and the general economic decline, is likely to have a negative impact on several industry sectors.

2. SBA News

The SBA Networking cocktail (every 2^nd Wednesday every month) will be at Club Macanudo in Shangri-La Hotel, from 19.00 to 21.00 on Wednesday October 8 and we offer free flow of drinks (wine, beer, whiskey, soft drink) between 19.00 and 21.00. The self cost is IDR 100,000 per person. No prior registration needed, just come.

3. Embassy News

A delegation from the Swedish Parliamentary Committee on Foreign Affairs visited Indonesia 1-5 September. The delegation got a good insight into current Indonesian affairs and was very well received in Indonesia. The consultations in Jakarta covered bilateral, regional and global issues. Meetings with high Government representatives and officials were included in the program.

On September 22 the Swedish Government presented the Budget Bill for 2009, containing reforms for jobs, the future and welfare. By initiatives totalling SEK 32 billion the Government is acting to mitigate the effects of a weaker economic environment, permanently raise the level of employment and strengthen welfare. The Government's aim is to meet current problems and in the same time prepare Sweden for the future. Detailed information about the Budget Bill can be found on the Government’s web site: www.regeringen.se.

The Director-General for Trade, Ministry for Foreign Affairs, Mr Anders Ahnlid, will visit Jakarta on 23 October. The aim of Mr Ahnlid’s visit is to discuss ways and means to further enhance the bilateral trade relations between our two countries as well as between EU and Indonesia. Discussions on some concrete projects (workshops in the areas of custom cooperation and EU-standards) will be pursued from the Swedish side, should there be an interest from the Indonesian side.

In October and November, the Embassy will participate in several events taking place in Jakarta and Bali.

The board of SBA wishes everyone welcome back from the vacation and we are looking forward to new efforts and challenges for the rest of the year.

2. SBA News

The SBA Networking cocktail (every 2^nd Wednesday every month) will be at Club Macanudo in Shangri-La Hotel, from 19.00 to 21.00 on Wednesday September 10 and we offer free flow of drinks (wine, beer, whiskey, soft drink) between 19.00 and 21.00. The self cost is IDR 100,000 per person. No prior registration needed, just come.

3. Embassy News

The Swedish Parliamentary Committee on Foreign Affairs will visit Indonesia 1-5 September. Meetings with Government representatives, parliamentarians, academics, NGO:s, think tanks and business representatives will be included in the program. The Committee will visit Aceh. The Embassy of Sweden in cooperation with the SBA Board will also arrange an informal breakfast meeting with the Swedish Parliamentary Committee on Foreign Affairs on September 2. Guest speaker : Dr William E. Wallace, Lead Economist World Bank Office Jakarta.

On vacation.

2. SBA News

The SBA Networking cocktail (every 2^nd Wednesday every month) will be at Club Macanudo in Shangri-La Hotel, from 19.00 to 21.00 on Wednesday August 13 and we offer free flow of drinks (wine, beer, whiskey, soft drink) between 19.00 and 21.00. The self cost is IDR 100,000 per person. No prior registration needed, just come.

The board of SBA whishes everyone a happy holiday.

3. Embassy News

The Swedish Parliamentary Committee on Foreign Affairs will visit Indonesia 1-5 September. Meetings with Government representatives, parliamentarians, academics, think tanks and business representatives will be included in the program which is still being finalized. The Committee will also visit Aceh.

The Embassy will participate with an exhibition booth at the Sanur Village Festival in Bali 6-10 August. The exhibition will showcase and inform about SymbioCity, the trademark that reflects the Swedish approach to the sustainable city concept.

4. European News

The summer will slow down the work in working groups, but keep yourself posted on what is going on by visiting the web site www.eurocham.or.id.

The IPR working group are participating in a large Asia Invest project and there will be a large conference on law enforcement and border control on August 28-29. The event is filled with speakers from the region, including China. If you are interested to come, contact michael_olsson@eurocham.or.id .

Friends,

We wish you all a good summer holiday and safe travel to where ever you are going!!!

2. SBA News

The SBA Networking cocktail (every 2^nd Wednesday every month) will be at Club Macanudo in Shangri-La Hotel, from 19.00 to 21.00 on Wednesday July 9 and we offer free flow of drinks (wine, beer, whiskey, soft drink) between 19.00 and 21.00. The self cost is IDR 100,000 per person. No prior registration needed, just come.

The board of SBA whishes everyone a happy holiday.

3. Embassy News

The Swedish Parliamentary Committee on Foreign Affairs will visit Indonesia 1-5 September. Meetings with Government representatives, parliamentarians, academics, think tanks and business representatives will be included in the program which is still being finalized. The Committee will also visit Aceh.

4. European News

The summer will slow down the work in working groups, but keep yourself posted on what is going on by visiting the web site www.eurocham.or.id.

The IPR working group are participating in a large Asia Invest project and the luncheon on June 12 was a great success. We had the chance to meet up with the DG for IPR and the government really makes and effort to work together with the industry to give us a better climate.

EuroCham will launch a magazine, which will be launched in August. The first issue will be on IPR and you are all invited with suggestions for articles as well as advertising. Contact me at michael_olsson@eurocham.or.id for more information. The reach will be far larger than most other magazines.