JAKARTA - Indonesia has raised the foreign ownership limit on certain sectors, such as agriculture and health care, in a bid to lure investments, according to a presidential decree.The decree said the government will allow foreigners to hold up to a 49% stake in individual companies in the staple...

Indonesia may become the major production base of athlete's shoes worldwide.VIVAnews - Chief of the Capital Investment Coordinating Agency (BKPM) Gita Wirjawan said a number of foreign companies will move their production base to Indonesia.

Jakarta (ANTARA News) - Indonesia and Mozambique plan to increase cooperation in trade and investment, and in the process help each other expand economic ties in the regions they each belong to."We wish to make Mozambique an access gate to tap the trade and investment potentials of South...

Banyuwangi, East Java (ANTARA News) - Malaysian food producing company PT Adabi became interested in producing seaweed being cultivated by fishermen in Wongsorejo aubdistrict, Banyuwangi regency, E Java.

Jakarta (ANTARA News) - The government has declared certain lines of business closed to investment under Presidential Ruling No 36 of 2010 as of May 25, 2010, Chief Economic Minister Hatta Rajasa said here on Wednesday.

Surabaya, West Java (ANTARA News) - The competitiveness of Indonesian workers ranked the 35th among 58 countries surveyed by International Management Development (IMD) in 2010."Indonesia`s ranking was still below Singapore, Malaysia, and Thailand," Manpower and Transmigration Minister...

In a bid to attract more foreign investment, the government announced on Wednesday that it has opened the door to a range of sectors a little bit wider.Coordinating Minister for the Economy Hatta Rajasa said the president had signed a decree revising the negative investment list (DNI), easing...