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EU is poised to restrict passport-free travel

Documents seen by The Associated Press show that European Union countries are poised to restrict passport-free travel by invoking an emergency rule for two years due to the migration crisis.

Imports drop, current-account deficit narrows in 2015

Bank Indonesia (BI) reported a current-account deficit (CAD) of US$17.8 billion in 2015, lower than the 2014 level of $27.5 billion, a result of an overwhelming drop in imports amid…

EU says functioning borderless area "is at serious risk"

The European Union is acknowledging that the overall functioning of the Schengen area of borderless travel "is at serious risk" and says Greece must make further efforts to deal with…

Mabua Harley-Davidson’s principal to go public

Mugi Rekso Abadi (MRA) Group, the holding company of Mabua Harley-Davidson is planning to go public and list its shares on the stock market in 2018, after terminating its dealership…