Indonesia

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Indonesia's telecoms sector is set to see increased competition and higher mobile phone penetration rates following a government decision to reduce interconnection fees.
Indonesia's stock exchange has not been immune to the widespread volatility seen across Asian markets.
The Indonesian government removed an import tariff on soybean imports as rising prices forced tofu and tempeh (a fermented soy product) off shop shelves.
As palm oil prices reached record highs last week, more stringent certification procedures for palm oil cast some doubt on the future of biofuel exports to the EU. This may be the sign of more difficult times to come for biofuel producers.
Indonesia and Malaysia set up a committee to improve bilateral economic ties last week, as newly published figures revealed a deepening trade deficit in favour of northern neighbour Malaysia.
Indonesia proved resilient to the global liquidity crisis as foreign investors flocked to the country, a sign of confidence in the economy.

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