A British woman will avoid execution for drug smuggling in Indonesia under an agreement signed Tuesday between the two nations to repatriate her and another Briton serving a life sentence.

The move could boost investor confidence but problems such as inefficiency and political interference must be tackled, say experts.

A British grandmother is set to return to the UK after spending 12 years on death row in Indonesia for drug smuggling.

Lindsay Sandiford, now in her late 60s, was sentenced to death on the island of Bali in 2013 after she was convicted of trafficking cocaine.

Indonesia's central bank paused its aggressive rate-cutting campaign this week, to focus instead on getting banks to lower loan costs. However, companies say banks aren't the problem - it's government policy.

Indonesia’s top defense official says that Jakarta will acquire at least 42 Chinese-made Chengdu J-10C fighter jets, marking the country’s first non-Western aircraft purchase deal.

Bank Indonesia unexpectedly kept its policy rate unchanged after previously vowing to take an “all-out pro-growth” stance, saying it would now assess the impact of previous easing and ongoing fiscal stimulus on Southeast Asia’s largest economy.

The Ministry of Transportation aims for Indonesia to include at least 1% waste cooking oil in aviation fuel to avoid carbon tax penalties.