Adani Group, the Indian conglomerate, has signed a preliminary agreement in Indonesia to build a railway line and coal terminal in remote southern Sumatra. The Indonesian Investment Co-ordination Board said on Wednesday that Adani would invest $1.6bn to lay down a railway line between a major coal pit and the island’s southern port of Tanjung Api Api.

Aug. 26 (Bloomberg) -- Indonesia’s economy may grow 6 percent this year and will probably accelerate in 2011, Trade Minister Mari Pangestu said. The pace of expansion in the third and fourth quarters should “continue to pick up” in part because disbursement from the government’s budget “is normally much higher in the second half,” Pangestu said.

VIVAnews - Indonesia and Malaysia are now amidst the escalating tension affecting the political relations of both countries. Malaysian Minister of Foreign Affairs is ready to issue a travel advisory for the citizens of Malaysia who are willing to visit Indonesia. The conflict is triggered by the arrest of three officers from the Indonesian Fisheries and Maritime Affairs Agency by Malaysian sea patrol in Tanjung Berakit waters, Bintan, on August 13, 2010.

Jakarta (ANTARA News) - Indonesia`s health equipment market is worth Rp22 trillion but it is still dominated by foreign products, according to the Association of Indonesian Health and Laboratory Equipment Traders. "The country`s health and laboratory equipment market was worth Rp22 trillion in 2009 and is growing by up to 10 percent each year. However the market is still dominated by foreign companies," the association`s chairman for trade and agencies, Budi Prasetio, said here on Wednesday.

Jakarta (ANTARA News) - ASEAN economic ministers have agreed to facilitate investment inflows to the region by conducting joint investment promotion campaigns, the Indonesian Trade Ministry said.

Jakarta. In a meeting with President Susilo Bambang Yudhoyono in Jakarta on Wednesday, the head of Japanese consumer electronics giant Panasonic confirmed that it planned to move its production base to Indonesia, senior Indonesian government officials said.