Uncertainty over fuel subsidy continues in Indonesia

16 April, 2013
By Satria Sambijantoro | Source: ANN

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

Jokowi: Indonesia’s most popular presidential possibility

15 April, 2013
By Bagus BT Saragih | Source: ANN

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

Minimum wage could prove costly for Jakarta

10 April, 2013
By Zubaidah Nazeer | Source: ANN

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

Government Sells US$3 billion Bonds at Record Low Rates

10 April, 2013
By Bloomberg | Source: The Jakarta Globe

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

Australia, Indonesia boost security, defense ties

4 April, 2013
By Bagus BT Saragih | Source: ANN

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 objects to human rights precondition in UN treaty

4 April, 2013
By Bagus BT Saragih | Source: ANN

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

Indonesian food and beverage firms question new regulations

3 April, 2013
By The Jakarta Post | Source: ANN

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,

Weak reserves put Indonesian rupiah under pressure

3 April, 2013
By Satria Sambijantoro | Source: ANN

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”

Indonesian food and beverage firms question new regulations

3 April, 2013
By The Jakarta Post | Source: ANN

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,

Indonesian property developers boast sky-high growth

2 April, 2013
By Mariel Grazella | Source: ANN

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,