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Friday, January 4, 2013
Indonesia wants to use the Asia-Pacific Economic Cooperation (APEC) Summit and the World Trade Organization (WTO) Ministerial Meeting that it will host this year to boost its diplomatic stature and reap greater economic gains.
Thursday, January 3, 2013
Inflation in Indonesia slowed in December, an official said Wednesday, with fuel subsidies keeping consumer prices tame throughout the year.
Wednesday, December 19, 2012
In an attempt to meet the country's expected industrial growth by the end of 2013, Indonesia's Industry Ministry has recommended that labor-intensive firms, including textile, garment and shoe manufacturers, be exempted from adopting a new minimum wage in the new year.
Tuesday, December 18, 2012
The number of Indonesians working abroad could decline in the coming years as minimum wages in various regions of the country rise, some labor activists and workers say.
Wednesday, December 12, 2012
Indonesia's central bank on Tuesday held its key interest rate at 5.75 percent for the 10th straight month as inflation remained in check in Southeast Asia's largest economy.
Monday, December 10, 2012
Manila climbing to become one of Asia's top property markets
Once a laggard in the region, Manila is rising to be one of Asia-Pacific's most appealing property markets amid escalating concerns over high property prices in China's core markets.
Wednesday, December 5, 2012
Despite the government's optimism that it would be able to attract 8 million tourists to the country by the end of 2012, a tourism industry group has said that Indonesia may not reach that target as travel agents were seeing a decrease in demand from European travelers during the year-end holiday.
Tuesday, November 13, 2012
Japan's economy shrinks as recession looms
Japan's economy shrank in the September quarter for the first time since last year, adding to signs that slowing global growth and tensions with China are nudging the world's third-largest economy into recession.
Tuesday, November 6, 2012
Indonesia said Monday that its economy grew 6.2 percent in the third quarter from a year ago, its slowest pace for two years due to a slowdown in major trade partner China.
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