With inflation decreasing and a key interest rate cut expected next week, Asia's strongest economic performer next to China and India may be a new hot spot for foreign investment.
As the world's largest crude oil producer and fourth biggest rice producer, Indonesia has great potential for green energy. This is according to World Bank's International Finance Corporation. IFC has helped to set up the Indonesian Sustainable Energy Finance Project, and has offered to help companies through technical expertise and ...
President Susilo Bambang Yudhoyono's Democratic Party begins coalition building after a narrow win, while rights groups claim millions were unable to vote. Two civil rights groups filed law suits against the Election Commission for its failure to give every Indonesian to ability to vote. So, while foreign media focuse on ...
Early election results reveal Sunday the Democrat Party has won 20 percent of the vote, which means reelection for President Susilo Bambang Yudhoyono. Results will be confirmed in two weeks. The world's largest Muslim population has seen strong economic growth and stability under Yudhoyono's last term. This is the third ...
Asian currencies strengthened this week following an announcement that American banks could stand without government buyout, and optimism about new Chinese and Japanese stimulus packages.
In a move stimulate more growth in its domestic steel sector the Indonesian government has issued tighter regulation and may be part of a larger "Buy Indonesian" policy.
Association of South-east Asian Nations (Asean) to give unified statement against trade protectionism at a summit next week, and will discuss details of a regional foreign reserve fund pool. Finance ministers in the Asia region are holding bilateral talks in the lead up, showing strategic cooperation to prevent trade protectionism.
Hillary Clinton will travel to Asia on Sunday for her first trip abroad as U.S. Secretary of State, in a diplomatic gesture that shows a shift of priorities in American foreign policy. Speaking at the Asia Society in New York on Friday Clinton announced the Asian region would be a ...
Seventy-five percent of 250 senior clerics polled in Jakarta condemn the practice of suicide bombing in jihad or 'holy war'. The survey, conducted by Jakarta's Syarif Hidayatullah State Islamic University, also discovered 78 percent of these clerics believe democracy is the best form of government for Indonesia, which ...
The Indonesian government has announced plans to promote biofuel as an alternative energy source, saying it will pay subsidies in an effort to boost this new industry. The government also plans to make biofuel mandatory over 2009. Crude oil prices are at a current low, making biofuel products significantly ...