[JAKARTA] For Indonesian drug maker PT Kalbe Farma, a ban on using currencies other than the rupiah for local transactions is coming at the worst possible time. Bank Indonesia will prohibit an estimated US$12 billion a day of such trades between domestic parties from July 1.

The urgent, as they say, is too often the enemy of the important. We are rightly concerned with a bevy of foreign issues, many of them genuine crises — terrorism in the Middle East and at home, China’s territorial assertiveness in the South China Sea, Barack Obama’s likely sellout to Iran in...

AEON Mall, a subsidiary of Japan's largest retailer AEON Group, recently launched its first shopping mall in Indonesia. The massive facility is developed and operated by AMSL, in partnership with AEON and the local real estate giant, Sinar Mas Land.

The Investment Coordinating Board (BKPM) hopes to attract more Japanese and Chinese investors to open factories in the country after others have proven successful in business here. “We fully support investment efforts by both lots of investors as their industries are labor-intensive ones that...

Jakarta. Indonesia ranked 14th globally when it came to measuring the inflow of foreign direct investment last year, climbing five places from 2013, according to a recent report from the United Nations Conference on Trade and Development (UNCTAD).