Indonesia, Singapore ink economic zones deal BATAM, Indonesia (AFP) - Indonesia and Singapore have signed an agreement to work together to establish special economic zones (SEZs) on three Indonesian islands. The aim of the agreement is to revitalise investor interest in the islands of Batam, Bintan and Karimun, which have suffered a drop in investment in recent years due to growing competition from the region, including China and Vietnam, the two countries said Sunday.

Indonesia, Singapore to boost island cooperation BATAM, Riau Islands (AP): The leaders of Singapore and Indonesia met Sunday to sign a deal that would help set up special economic zones on three islands that lie close to the city-state to attract much-needed foreign investors. The framework agreement on economic cooperation on Indonesia's Batam, Bintan and Karimun islands is designed to attract more Singaporean and international business to the region.