Which is in stark contrast to a message that was passed onto me from an American Multinationals CFO within Indonesia!"We will require a review of all outstanding contractual obligations in foreign currency due to the current dollar strengthening.

At least 25 US companies have expressed interest in expanding business and shifting investment to Indonesia in an effort to secure capital from the impact of the global financial turmoil, Industry Minister Fahmi Idris said Wednesday, Xinhua reported.

Capital Investment Group, an investment company from the United Arab Emirates, will spend at least $1 billion in direct investment and share purchases in Indonesia, a company official said, Investor Daily reported.

Investment grew 10.9% from January to August compared to the same period last year at $47.55 billion, Antara reported.The chairman of the Capital Investment Coordinating Board, M. Lutfi, said on Monday that foreign investment growth in the period reached 42% from $31.33 billion in 2007.

The government had reduced its export growth target for next year to below 11.9% because of slower demand from Japan, the US and Europe, Trade Minister Mari Pangestu said on Tuesday, Bloomberg reported.The three regions account for about a third of Indonesia's export sales, she said.

Finance Minister Sri Mulyani Indrawati called on the private sector on Thursday to stay alert to problems emerging from dollar loans as the rupiah weakened in line with regional currencies.“As I have said before, with this adjustment we have to be careful and alert.

The Coordinating Ministry for Economic Affairs is accelerating work on the government’s latest package of reforms, grouped within Presidential Instruction No. 5 (Inpres 5), as a response to the global financial crisis.Dr.

JAKARTA, Oct. 27 (Xinhua) -- Indonesia planned to introduce fiscal stimulus for business, including subsidies and tax cuts in a bid to boost economy and purchasing power, a paper said here Monday.The weakening of global commodity prices and high interest rate had hampered Indonesian businessmen...

Fadli, The Jakarta Post, BatamThe Batam, Bintan and Karimun (BBK) Special Economic Zone Commission has ensured speedy licensing procedures free from illegal levies in a bid to attract foreign investors impacted by the global financial crisis, given lower local production costs compared to other...