Indonesia

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The Indonesia Textile Association has announced that textile products have become the leading source of foreign currency in 2007, overtaking oil and gas.
More than three years after the first stone was placed, many commuters in Jakarta are still waiting for the completion of the much talked about monorail.
Faced with the strong likelihood of a recession in the US, data released last week illustrated that global economic growth is still being maintained in emerging economies such as Indonesia.
A government ministry has announced this week the creation of a regulatory agency to oversee the growth of e-commerce in Indonesia, creating a clear framework for the further development of online commerce.
As the year draws to a close, motorcycle sales figures reveal a healthy recovery in Indonesian consumer demand, with further growth expected next year.
Indonesia's parliament enacted legislation on October 9 finalising the legal framework for investment in the special economic zones on three islands in the Riau archipelago south of Singapore.

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