Indonesia and the United Arab Emirates (UAE) inked US$9.7 billion of investment deals during the official visit of Abu Dhabi’s Crown Prince Mohammed bin Zayed al-Nahyan to the country. This is the first state visit of a UAE leader in almost three decades, following that of bin Zayed’s father and then-UAE president Sheikh Zayed bin Sultan al-Nahyan in 1990. The investment deals, sealed in a memorandum of understanding (MoU) signing session witnessed by President Joko “Jokowi” Widodo and the crown prince at Bogor Palace, West Java, incorporated business-to-business agreements between firms from the two countries.
Indonesia records 2.68 percent January inflation using new formula
Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...