Despite the intense impact of the ballooning fuel subsidies on the economy, the Indonesian government has not yet offered a clear prescription on how to handle the politically sensitive issue. Discussions between President Susilo
In spite of his public assertion that he will not run in the 2014 presidential election, Jakarta Governor Joko “Jokowi” Widodo has become Indonesia’s most popular presidential possibility due to the negative media coverage
Some 90 companies are planning to move out of Jakarta and surrounding industrial cities, citing an inability to pay the new minimum wage, and looking to move to locations in Central Java where labour
Indonesia sold $3 billion of 10- and 30-year dollar bonds at record low borrowing costs, tapping the global market for the first time this year, according to a person familiar with the offering. The
The second annual “2+2” dialogue between the defense and foreign ministers of Australia and Indonesia on Wednesday reaffirmed the good, comprehensive and strategic cooperation, particularly in the defense and military sectors, between the two
Indonesia decided on Tuesday to abstain in the UN General Assembly’s vote on the first treaty on the global arms trade. The treaty will regulate the US$70 billion business in conventional arms and keep
Several large food and beverages franchisers in Indonesia are saying that new regulations to diversify outlet ownership would hinder their expansion in a booming local market. Justinus Juwono, the director of PT Fast Food Indonesia,
The Indonesian rupiah will face intense pressure if the government cannot resolve escalating energy subsidy costs and a widening oil trade deficit, economists have warned. In a report titled “Indonesia in Focus: Testing Thresholds”
Several large food and beverages franchisers in Indonesia are saying that new regulations to diversify outlet ownership would hinder their expansion in a booming local market. Justinus Juwono, the director of PT Fast Food Indonesia,
Property developers have performed on a par with market forecasts predicting skyscraper growth. Comparing recent financial reports of property developers, PT Agung Podomoro Land (APLN), whose projects include upmarket residential estate Green Bay Pluit,