Indonesia tries to leave Indias infrastructure shadow
Indonesia's efforts to modernise its infrastructure have lagged India's slow-but-steady improvements, though Jakarta's progress could be fast tracked in the eyes of foreign investors with passage of a politically complicated land grab bill.
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Indonesia cities empty for Muslim holy month's end
(AP:JAKARTA, Indonesia) Millions of Indonesians crammed into trains, ferries and in greater numbers than ever, motorcycles, as they poured out of major cities to return to their villages to celebrate the end of the Islamic holy month with families.
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Jakarta not ideal capital for Indonesia -- Susilo
JAKARTA: Indonesian President Susilo Bambang Yudhoyono said that Jakarta, which is haunted by severe congestion for many years, is no longer ideal as for the centre of commerce, government and the nation's capital, reports China's Xinhua news agency on Thursday.
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No new demo against Malaysia in Indonesia since Tuesday
PUTRAJAYA, Sept 10 — There have been no fresh anti-Malaysia demonstrations in Jakarta or other major cities in Indonesia since Tuesday afternoon, Foreign Minister Datuk Seri Anifah Aman said today. Malaysian embassy officials there did not report any untoward incident this morning, either, he said. “Since Tuesday afternoon, no one has gathered in ...
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Goldman Sees Record ‘Wall of Money’ Flooding Emerging Markets
Net capital inflows into emerging market economies are running at record levels, pushing up asset prices and raising the risk governments may impose capital controls, Goldman Sachs Group Inc. said in a research report today.
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