News this week that Bank Indonesia will prohibit foreign currencies from being used in domestic transactions in Indonesia further added to analysts’ and investors’ concerns about the country’s fragile economy, and about the economic strategy of President Joko Widodo.

JAKARTA -- Indonesian conglomerate Lippo Group has recently begun construction of a 2,000-sq.-meter data center in the suburbs of Jakarta, targeting companies in the financial and industrial sectors. The business will be run by Graha Teknologi Nusantara, a joint venture between Lippo subsidiary Multipolar Technology, which has a 65% stake, and Japan's Mitsui & Co. and subsidiary Mitsui Knowledge Industry, which holds respective stakes of 10% and 25%.

JAKARTA: Since taking office in October, Indonesia’s Joko Widodo has been unrelenting in his pursuit of investment dollars. In just the first quarter, almost US$6.5 billion flowed into Indonesia - 14 per cent higher than in 2014, according to the Indonesia Investment Coordinating Board.

Jakarta, GIVnews.com – In recent weeks, five Uber drivers were arrested by the Jakarta police, who was working together with the Organization of Land Transportation Operators (Organda). Organda Jakarta, which organizes all forms of land transportation in the capital city, has accused Uber of multiple breaches of the law, ranging from Uber’s lack of operation permit to tax evasion. The drivers were held for almost 24 hours as witnesses, but later released.