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Indonesian flag carrier Garuda has placed an order for 50 planes worth almost US$5 billion, U.S. plane giant Boeing said, as competition heats up for passengers in Asia's increasingly crowded skies.
 
Indonesia's finance minister said Thursday he was "optimistic" the country could achieve 7-percent growth by 2017 but warned that incoming president Joko Widodo faces a major challenge in pushing much-needed infrastructure development.
 
The Indonesian government is looking into the alleged dumping into the domestic market of polyester film from China, India and Thailand.
 
Indonesia's trade balance swung to a slim deficit in June as imports of food and clothes rose ahead of the Islamic holy month of Ramadan and Eid holiday, official data showed Monday.
 
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