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December, 5, 2016

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Business > Asia > Indonesia
Indonesian President Joko Widodo met with a Taiwanese business delegation Wednesday and expressed gratitude for Taiwan's investment in his country over the years, while inviting more investment from Taiwan.
 
Chinese e-commerce giant Alibaba Group sees "huge potential" in the Indonesian market as the government, through a recent e-commerce road map, pushes efforts in developing the sector to make the country the biggest digital economy in Southeast Asia by 2020.
 
Zuckerberg eyes launching drones to boost internet access in Indonesia
Jakarta and social media giant Facebook are seeking cooperation to boost internet access for small and medium-sized enterprises (SMEs), Indonesian Vice President Jusuf Kalla said on Saturday after a meeting with Facebook CEO Mark Zuckerberg on the sidelines of an APEC summit in Lima.
 
Indonesia slowing
Workers construct a busway line in Jakarta on Monday, Nov. 7. Indonesia's growth slowed in the third quarter as government spending and exports fell, dimming hopes that Southeast Asia's top economy will hit its GDP target this year.
 
Indonesia's central bank on Thursday unexpectedly cut its key interest rate for the sixth time this year in a bid to boost slowing growth in Southeast Asia's top economy.
 
Indonesia businesses call for more info on tax amnesty
Small and medium-sized enterprises (SMEs) say they want comprehensive information on tax amnesty before making a decision to join the nationwide program, as longed for by Indonesia's government.
 
Indonesia fishery sector losing its bite
Fishing captain Wahyu Sumantri used to helm a 700-tonne vessel that sailed the Celebes Sea from North Sulawesi.
 
Craze for hornbill 'ivory' pushes Borneo icon to brink of extinction
striking bird with monochrome plumage and a formidable "beak," the helmeted hornbill is being hunted to extinction, one of the latest victims of a thriving global trade in exotic wildlife.
 
Indonesia company in probe removed founders
An Indonesian power company said Wednesday it had removed its founders last year and takes seriously allegations of "improper behavior" after revelations U.S. justice officials are probing Standard Chartered over suspected bribery at the firm.
 
EU hopes special licensing will help save Indonesian forests
The European Union has admitted Indonesia to a special licensing system it hopes will prevent the illegally felled tropical timber that makes up a substantial part of the country's wood production from being shipped to the 28-nation bloc.
 
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