Tuesday, June 19, 2012
The rapid growth of tourism in Bali, Indonesia has drawn both local and foreign workers, including those without permits, to the island seeking employment in tourist establishments.
Indonesia remains the star performer in Southeast Asia on property performance due to stable price growth in almost all segments of the housing market, according a survey conducted by property consultancy Knight Frank.
Wednesday, June 13, 2012
Indonesia's central bank left its overnight benchmark rate unchanged on Tuesday at 5.75 percent, seeking to keep inflation under control while boosting the weak rupiah.
Tuesday, June 5, 2012
Indonesia's low-cost carriers are gearing up for further expansion to take a larger share of the country's growing air transportation market.
Thursday, May 31, 2012
Indonesia plans to restrict the use of subsidized fuel in a bid to shield the state from surging costs after the government failed to pass a price hike through parliament in March.
Monday, May 28, 2012
Although the number of Internet users has increased significantly during recent years, Internet banking has not yet become popular among Indonesian bank customers, according to a recent survey.
Monday, May 7, 2012
Indonesia has formally challenged the recent greenhouse gas analysis of palm oil issued by the U.S. Environmental Protection Agency (EPA), saying that palm oil-based biofuel is qualified to join the renewable fuel program in the world's energy market.
Wednesday, May 2, 2012
Indonesian inflation rose to 4.5 percent in April, driven by higher food prices, the government said Tuesday. The consumer price index (CPI) was up 4.5 percent from a year earlier, an increase from the 3.97 percent recorded in March, the Central Statistics Agency said.
Tuesday, May 1, 2012
Following the success of its yen-denominated "Samurai Bonds," the Indonesia government says it will issue bonds denominated in the currencies of China and South Korea next year.
Thursday, April 26, 2012
Standard & Poor's says India's worsening deficits and diminishing growth prospects could lead to a downgrade of Asia's third-largest economy. The ratings agency changed its outlook on India from stable to negative Wednesday.