Michael DwyerIndonesia can’t replicate the economic growth of China and India because of impediments to investment such as corruption and high credit costs, according to Credit Suisse Group.“We don’t expect investment to take off,” Cem Karacadag, an economist at Credit Suisse in Singapore,...

The Investment Coordinating Board (BKPM) and the world’s top fuel producer Sasol are to conduct a feasibility study on a potential coal-to-liquid facility in Indonesia that could generate 80,000 barrels per day, a project that could require US$10 billion in investment.

As part of its efforts to generate electricity from renewable energy, the government will upgrade a solar cell power plant in Bandung to expand its capacity to 50 megawatts. Coordinating Economic Minister Hatta Radjasa said Friday the government had approved the plan and was now studying the best...