Despite a decline in the second quarter, the net take up for office space in Jakarta's central business district throughout the first semester reached 196,000 square meters, or a 280 percent jump from a year earlier, a property survey shows.

Indonesia must raise ownership ceilings for foreign investment and liberalize state-owned monopolies to resolve infrastructure bottlenecks, the Organization for Economic Cooperation and Development (OECD) has said.

Lisa Murray 25 July 2008The OECD says Indonesia has to try harder despite 5.5 percent growthAsked about his view of the Indonesian economy, Angel Gurria, the head of the Organization for Economic Co-operation and Development, harks back to an old Avis rental car ad campaign.

Friday, 25 July, 2008 | 17:19 WIBTEMPO Interactive, Jakarta:The survey was conducted by Mercer Human Resource Consulting, an international consultant company that regularly organizes a yearly survey on the living costs in 143 major cities on six continents in the world.