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Indonesian government

Indonesia now country with world’s highest deforestation rate

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Indonesia has double the deforestation rate in Brazil and has become the largest destroyer of forests housing some of the world's most endangered species...
Japanese food firms to invest up to $1b in Indonesia

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Some 20 Japanese food and beverage companies plan to invest a combined total of between $400 million and $1 billion in Indonesia, an Indonesian...
Indonesia taps into Hajj fund to raise cash

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The cash-strapped Indonesian government is using liquidity from its Hajj pilgrimage fund to buy domestic Islamic bonds, or sukuks, in a move to reduce...
Indonesia heading for economic disaster – analyst

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Despite making progress over the past years with annual GDP growth of 6 to 8 per cent, the Indonesian economy has lately been experiencing...
Indonesia hopeful to achieve 2013 foreign arrival target

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The Indonesian government is optimistic about achieving its target of 8.6 million foreign tourist arrivals in 2013, and places yet another target for 2014...
Indonesia’s jobless rate seen at 6% in 2014

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The unemployment rate in Indonesia is forecast to ease to 6.03 per cent in 2014 from 6.25 per cent in August 2013. The Indonesian...
No foreign majority stake for Indonesia airports

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The Indonesian government has scrapped its plan to allow foreign investors to become majority or controlling shareholders in airport management in the country, obviously...
Indonesia plans new risk standards for banks

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The Indonesian government plans to require banks to follow more extensive risk assessment standards and pay a levy, the Financial Services Authority said as...
Indonesia to ban all ore exports in 2014

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The Indonesian government will ban all mineral-ore exports in 2014 after it received backing from parliament, said Energy and Mineral Resources Minister Jero Wacik...
Indonesia ‘not ready’ for ASEAN Economic Community

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The Indonesian government should direct its policy with the aim of improving the competitiveness of the nation’s manufacturing sector ahead of the ASEAN economic...
Fitch affirms Indonesia’s rating

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Fitch has affirmed the sovereign credit rating of the Republic of Indonesia at BBB-/stable outlook. In a press release on November 15, the ratings agency ...
Illegal logging costs Indonesia $7b

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Illegal logging and mismanagement of Indonesia’s forestry industry may have prevented more than $7 billion flowing to state coffers from 2007 to 2011, costing...
Indonesia to ease curbs on foreign investment

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The Indonesian government said on November 6 it will allow foreign investment in airports and ports as the government seeks to revitalise an economy...
Indonesia to buy 1m hectares of Australian farmland

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The Indonesian government has approved a plan to buy one million hectares of Australian farmland, a plot four times the size of the Australian...

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The Indonesian government and central bank have indicated that they will take concerted action to prevent further depreciation of the rupiah and to support...
Indonesia announces $173b budget for 2014

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The Indonesian government unveiled a $173 billion budget draft for 2014 on August 16 that is aimed at boosting a slowing economy before elections...
Expats to get property rights in Indonesia

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The Indonesian government is revising its legal code to, for the first time, allow foreigners to own land in Indonesia. The current rules only...

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With the revelation of an immense and active US-conducted global surveillance network made by former CIA employee Edward Snowden, the haunting -- taintedly Orwellian...