As a result of prudent macroeconomic policies, the Indonesian government now has sufficient resources to finance the country's infrastructure development and reduce poverty, according to a World Bank report.

More ...

---

The losses caused by the massive flooding in Greater Jakarta last week may reach up to Rp 8 trillion (US$879 million), almost double the earlier estimate of about Rp 4.3 trillion, a senior official at the National Development Planning Agency (Bappenas) says.

More ...

---

The presidential regulation on the modern retail market scheduled to be issued in March will not restrict the operation of foreign retail chains, which have been criticized by some for the massive inroads they are making into the Indonesian market.

More ...

---

Export companies affected by the recent floods in Jakarta have asked the government for its help in shunning penalties foreign buyers are attempting to impose over export delays.They have also asked for support in convincing buyers not to shift their orders to other countries.

More ...

---