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July, 29, 2016

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Business > Asia > Indonesia
Demand for condominiums in Jakarta and nearby areas has grown in the past few years due largely to robust economic growth as well as the scarcity of land in the capital city.
 
Indonesian President Susilo Bambang Yudhoyono has told his ministers not to play blame games among themselves in relation to stabilizing beef prices, which continue to soar. According to the president, soaring beef prices are related to problems in issuing an import permit.
 
Indonesia's initial drafts on a connectivity framework and multi-year plans for investment in infrastructure development are taking a new course, an official says on Saturday.
 
Indonesia's oil output is expected to rise to 870,000 barrels per day in 2014, up about 30,000 bpd from this year's target, the head of the country's energy regulator said on Friday.
 
An Indonesian care giver was sentenced recently to three months in jail and deportation for neglect causing injury to her employer.
 
Indonesia hiked its key interest rate to 6 percent Thursday, the first change in over a year as it seeks to boost confidence in the under-pressure rupiah and head off an expected rise in inflation.
 
Indonesia has ordered a halt in operations at a giant U.S.-owned mine while inspectors probe a fatal tunnel collapse, an official said Sunday, in a stoppage that could last two months.
 
Jakarta prays for metro to ease traffic chaos
Ajeng Dewanti wakes up every weekday before sunrise, squeezes into an overcrowded car, and spends the next two hours making the 17-kilometer (11-mile) journey through the Jakarta gridlock to her work.
 
Indonesian inflation eased to 5.57 percent on-year in April due to lower food prices after the government eased some import restrictions, official data showed on Wednesday.
 
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