Investment of Rp 3.25 trillion ($329 million) in milk production at the farm level is urgently needed, with fresh domestic milk only accounting for about 13 percent of the country’s total milk market, according to a senior government official.

Singapore. Billionaire Bhupendra Kumar Modi, who made his fortune from mobile-phone services in India, plans to invest $100 million in distressed assets, including the resorts on Batam and Bintan in Riau Islands.

IN MOST other respects this is a golden age for Indonesian diplomacy. Its relations with its neighbours are sometimes prickly, especially with Malaysia, with which it squabbles over everything from maritime boundaries to the treatment of migrant workers.

Just a decade ago Indonesia was on the brink of catastrophe. Things have taken a dramatic turn for the better, says Simon Long (interviewed here)COUNTRIES generally hit the headlines only when the news is bad. In Indonesia it has often been spectacularly bad.

EVEN before passing through immigration into Indonesia, you may fall prey to the venal flair of its bureaucrats. Most of its embassies now refuse cash payments for visas, after a number of scandals. One ambassador in Malaysia, a former police chief, allegedly pocketed about 2 billion rupiah from...

From The Economist print editionTHE Suharto clan infected Indonesian business like a pandemic virus. Its direct business interests included power generation, toll roads, electronics, plastics, timber, paper, an airline, a taxi company, construction, fishery, food processing, broadcasting, banking,...

JAKARTA, Sept 14 (Reuters) - Indonesia's parliament plans to pass a corruption court bill this month which would severely weaken the court and anti-corruption agency, the two key weapons in the fight against graft in Southeast Asia's biggest economy.

Business associations reiterated their opposition to the bill on halal certification, saying that they would most likely challenge the constitutionality of the law if the House of Representatives passes it on Tuesday.

The World Bank has raised its 2009 Indonesia growth forecast to 4.3 percent from 3.5 percent, largely due to the strong domestic market and increased government spending on stimulus measures, the bank’s quarterly report released on Monday said.