Twitter, the online social networking and microblogging service, plans to open an office in Jakarta within the next six months as the number of Indonesian Twitter users has grown rapidly in recent years. In 2013, Indonesia had 29 million Twitter users, making it the world’s fifth-largest Twitter community after the USA, Brazil, Japan and the UK. The American social media giant already owns five offices in the Asia-Pacific region. Similar to other companies, Twitter waited until after the elections before expanding to Indonesia.

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The European Union (EU) and Indonesia’s Trade Ministry have cooperated to develop an online portal (www.inatrims.kemendag.go.id/en) in an effort to assist Indonesian businesses that want to export their products to the European Union. This portal website is intended to guide exporting companies by providing various information on relevant market requirements and regulations. The portal - called Indonesia Technical Regulations Information Management System (INATRIMS) - was launched on Thursday (28/08).

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Japan-based Mitsubishi Corporation (through its subsidiary Atri Pasifik) and Thailand’s Ichitan Group have agreed to construct a soft drinks factory in Indonesia through a fifty-fifty joint venture which will carry the name Ichitan Indonesia. The factory, which requires an investment of IDR 400 billion (USD $34.3 million), will produce various beverages but specifically various ice tea drinks under the Ichitan brand for the Indonesian market. Production at the new factory is expected to commence in 2015.

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Newly elected presidential pair Joko “Jokowi” Widodo and running mate Jusuf Kalla, the pair that will guide Indonesia for the next five years starting from October 2014, propose to raise the target for economic growth in Southeast Asia’s largest economy from 5.6 percent to 5.8 percent in 2015. Furthermore, the pair would like to set a stronger average rupiah rate at IDR 11,600 per US dollar over 2015 (from IDR 11,900 as set in the Revised 2015 State Budget). Several reasons are behind these ambitious targets.

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