IFC, a member of the World Bank Group, is working to support and significantly accelerate the potential of Indonesia’s green investment sector.

Bain & Company expects investment deals in Southeast Asia to total US$70 billion over the next five years, double the amount of the previous five years.

France’s Minister for Europe and Foreign Affairs Jean-Baptiste Lemoyne visited Indonesia on November 27-29, following the presentation of the Digital Minister Mounir Mahjoubi two months earlier, to step up the political and economic dialogue of France and Indonesia bilateral strategic ties which had been commenced since 2011.

The number of visit to Indonesia by Chinese tourists has increased 275 percent over the past five years.

Indonesia plans to cut taxes on luxury properties and revise other tax rules in a bid to support the real estate industry and attract investment in Southeast Asia’s biggest economy, Finance Minister Sri Mulyani Indrawati said.

Indonesia has wrapped up negotiations for a free trade and investment pact with members of the four-nation European Free Trade Association or EFTA, and a final agreement is due to be signed in December, Indonesia’s trade minister said.