Indonesia

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While the $1bn arms deal between Russia and Indonesia stole the media limelight last week, a string of business deals in the energy and mining sectors marked a sea change in the bilateral economic relationship.
Continuing the Japanese trade liberalisation agenda, Indonesia and Japan signed a free trade agreement to boost trade and investment.
Placing infrastructure centre stage of the country's development strategy, the president kicked off debate earlier this month over the proposed 2008 state budget.
Just as the tourism sector is recovering from a turbulent past few years, the first case of bird flu struck the island of Bali last week in the midst of the high season.
As revenue per user continued to fall for traditional GSM operators, two telecommunications companies have made moves to target lower-end customers.
Indonesia's privatisation strategy took another step forward last week when the government offered shares in the country's third largest bank to the public.

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