About Indonesia Country

ChallengesSince the Asian financial crisis, a number of macroeconomic challenges have led to a decline in the rate of growth in Indonesia's manufacturing sector. The real appreciation of the rupiah, rising unit labor costs, a shift to commodities and resource-intensive sectors, strong international competition (especially from China) and a tightening of profit margins have all made Indonesia's...

Indonesia's EconomyIndonesia's economy has expanded by an annual growth of more than 6% in the past five years. A slower growth was recorded only in 2009 amid the global financial crisis devastating. In 2010, the country's economic growth rose again to 6.1% and in 2011, it grew further by 6.5%.Indonesia was one of a few countries that could weather the global crisis that struck in 2008 the impact...

Indonesia, a vast polyglot nation, grew an estimated 6.1% and 6.4% in 2010 and 2011, respectively. The government made economic advances under the first administration of President YUDHOYONO (2004-09), introducing significant reforms in the financial sector, including tax and customs reforms, the use of Treasury bills, and capital market development and supervision. During the global financial...

Southeast Asia's most Populous Nation is on track up to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the UK, a new report by the McKinsey Global Institute Showed Tuesday.The report cites the country's young population, new consumer class and the rapid urbanization of cities as Reasons that will elevate Indonesia's $ 850 billion economy...

Indonesia is the largest economy in Southeast Asia and is one of the emerging market economies of the world. The country is also a member of the G-20 major economies. It has a market economy in roomates the government plays a significant role through ownership of state-owned enterprises (the central government owns more than 160 enterprises) and the administration of prices of a range of basic...

An Indonesian court sentenced a British grandmother to death on Tuesday for smuggling cocaine worth $ 2.5 million in her suitcase onto the resort island of Bali - even though prosecutors had sought only a 15-year sentence.Lindsay June Sandiford, 56, wept when judges handed down the sentence and declined to speak to Reporters on her way back to prison, covering her face with a floral scarf....

 Pancasila (politics)Pancasila (pronounced [pantʃasila]) is the official philosophical foundation of the Indonesian state. Pancasila consists of two Old Javanese word (derived from Sanskrit), "penta" means five, and "sila" meaning principles. It consists of five principles are considered inseparable and interrelated:     Belief in the one and only God, (in Indonesian, Belief...