NOW would be the best time for Singapore businesses to invest in Indonesia if they want to profit big, as Southeast Asia's largest nation has seen a major transfer of power and confronts a commodity slump and global headwinds, says Indonesian President Joko Widodo.

I have lived in Jakarta for quite a while now. I guess I was always naive and thought that Indonesia would be like Singapore; blossoming into a Western liberal democracy. But the pixels are starting to come together and form a totally different picture.

Thermax is setting up three manufacturing plants — two in India and one overseas. Meher Pudumjee, chairperson, Thermax, said they will be setting up an investment subsidiary in Singapore, through which it will invest in a manufacturing plant in Indonesia, which will become the regional...

Economies across Southeast Asia have endured weaker growth this year. But one sector is powering ahead nevertheless: ecommerce. A surge in internet penetration has encouraged a raft of start-ups across the region.

Jakarta (ANTARA News) - President Joko Widodo (Jokowi) hailed Singapores commitment to encouraging investment in Indonesia and hoped for more, especially in the fields of infrastructure and integrated industrial zones like Batam, Bintan and Karimun.