Indonesia

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Amid renewed calls for relaxing labour regulations, two of Indonesia's regions, with the highest economic activity, decided to increase minimum wages last week.
Last week, the Indonesian government announced that it would further expand its special economic zones (SEZs) programme to other regions.
At a conference this week, the government announced the establishment of an Indonesia Infrastructure Fund, in line with its efforts to promote private investment in the country's infrastructure development.
Amid overwhelming interest in the sale of state bonds last week, the government is actively seeking additional ways to finance the expected state budget deficit, and to further improve its fiscal practices with assistance from overseas.
While commemorations of both the 2002 and 2005 Bali bombings are observed, the island's tourism industry leaders are preparing to implement measures aimed at improving security for Indonesia's main tourist destination.
Last week the government revised a regulation that will allow state-owned enterprises to write off their bad loans.

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