Diaspora bonds are part of Indonesia’s plan to reduce high foreign ownership of securities. Photo: EPA

Indonesian wants overseas diaspora including domestic workers to help it cut reliance on foreign funds

  • Jakarta is studying so-called diaspora bonds as it strives to reduce the high proportion of its securities that are in foreign ownership
  • This can be achieved by expanding the country’s domestic investor base, according to Luky Alfirman, from the finance ministry
Topic |   Indonesia

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Diaspora bonds are part of Indonesia’s plan to reduce high foreign ownership of securities. Photo: EPA
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Motorists are seen during a traffic jam in Jakarta on March 6, 2019. (Photo by BAY ISMOYO / AFP)

Indonesia courts Hong Kong investors to build toll roads on Java as part of Widodo’s ambitious infrastructure plans

  • Widodo is aiming to build motorways worth US$70 billion and stretching across 5,400km, triple the length of the current road network
  • The road projects will be part of a US$400 billion plan to modernise Indonesia and boost economic growth
Topic |   Indonesia

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Motorists are seen during a traffic jam in Jakarta on March 6, 2019. (Photo by BAY ISMOYO / AFP)
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