Indonesia

During a conference on Friday in Bali, Indonesia, Chinese Premier Wen Jiabao warned that "external forces" should stay out of maritime disputes between countries with territorial claims in the South China Sea. Although the United States wasn't mentioned by name, there could be little doubt that...

The Carlyle Group is set to make its first direct investment in Indonesia: the private equity firm reportedly is close to acquiring a 25% stake in GarudaFood for about $200 million. Jakarta-based GarudaFood sells instant food and snacks internationally. The deal would value the whole company at...

If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...

According to Morgan Stanley, Indonesia will spend about $250 billion on infrastructure investments over the next five years. That's a huge amount. The resulting public and private spending on infrastructure will be equivalent to 5.9% of the nation's gross domestic product in 2015. The country aims...

Indonesian stocks plunged during trading on Monday, as investors sold banking stocks over inflation concerns. The Jakarta Composite index opened at 3,631.27, which was slightly below the previous trading day's close of 3,631.45. The Jakarta Composite index traded between a range of 3,449.58 to 3,...