Indonesian government launches a plan to boost its economic growth to 8-9% from 2015 to 2025 and cut its annual inflation to 3% by 2025. Last year, country has enjoyed expansion of 6.1% subject to investments in six designated growth centers in four provinces.

Mr. Yudhoyono said that there is a need of breakthrough along with strong economic growth to reduce poverty and unemployment rates.

Indonesia made no alterations in the interest rates for two months at a stretch now following the slowing down of the inflation, saying that the gains made by the rupiah is going to aid in restricting the price pressures.

The benchmark reference rate of Bank Indonesia was kept at 6.75%, as revealed by it in Jakarta on Tuesday. This decision had been an expected one, having been predicted by all the 18 economists surveyed by Bloomberg News. The central bank increased its borrowing prices in the month of February, its only rise since the year 2008.

Minister of Industry M. S Hidayat said, although Wilmar was unavailable for comments, on Monday that the world's largest listed palm oil firm, Singapore-based Wilmar is set to invest $900 million for the production of palm oil products in Indonesia and will set-up factories for the purpose.

The transport ministry of Indonesia has informed that more than 200 passengers rescued from an Indonesian ferry fire. The ferry got fire accidentally on Tuesday at capital Jakarta.

The ferry was travelling to south of Singapore. The destination of the ferry was Batam Island which is 26 kilometres (16 miles) north of Jakarta.

Indonesia has slipped to 129th place in the recent FIFA rankings. The nation is now looking forward to approve proposals from the banks so that it can receive some global bond offering to survive. The country is going to deal with a situation which may be the second sovereign debt deal in Asia for the ongoing financial year.

Singapore-based investing giant Temasek Holdings eventually consorted Tuesday to bear fines to the Indonesian authorities subsequently to the state Supreme Court maintained a ruling by the nation's antimonopoly authority reasoning out that the business firm and 8 of its associates were convicted of breaching antitrust laws.