It's his stock speech. I'm surprised he didn't mention the energy subsidies.

Banks' scramble for stakes in Indonesia intensifies By John Aglionby and Paul Betts HSBC's completion of its acquisition of 89 per cent of Indonesia's Bank Ekonomi for $607.5m and the UK-based bank's move to buy out the rest of the shares speaks much about the potential for growth in the world's fourth most-populous nation. Ekonomi's focus on small and medium-sized enterprises may have little overlap with HSBC's current operations but the SME market should not be overlooked.

Yusril, Hartono believed involved in corruption: prosecutor Jakarta (ANTARA News) - Former minister Yusril Ihza Mahendra and businessman Hartono Tanoesoediyo are believed to have taken part in corrupt acts in procuring a Legal Entity Administration System at the justice ministry, a public prosecutor said.

Indonesia could end up emerging relatively unscathed from the economic crisis if the government continued to carefully manage the economy and there were no more external shocks, World Bank country director Joachim Von Amsberg said on Monday in an exclusive interview with the Jakarta Globe. However, while Indonesia was doing well, emerging as a “confident, middle-income country,” significant challenges to encouraging real investment remained, he said.