Indonesia will ease foreign ownership restrictions ... the investment coordinating board said in a statement in Jakarta. The government will simplify processes to boost investment after completing ...

JAKARTA (Bloomberg): Indonesia announced a minimum wage increase for 2023 that was smaller than labour unions had demanded, risking protests by workers. Minimum wages across Indonesia will rise by ...

JAKARTA (Reuters) - Indonesia has capped the price of domestic ... electricity tariffs unchanged this year and next, and the cap on thermal coal for power is intended to shield state-owned utility ...

JAKARTA -- Indonesia's financial regulators are planning to cap interest rates on micro loans to help boost growth of small businesses. A spokesperson for Indonesia's financial services ...

JAKARTA: Indonesia, the world's biggest palm oil exporter, will next month remove a subsidy on bulk cooking oil and replace it with a price cap on the raw materials sold to local refiners ...