Indonesia GDP Grows Less Than 6%

Indonesia said it will allow foreign investment in airports and ports as the government seeks to revitalize an economy growing at the weakest pace since the global recession.

The country may also ease limits on overseas holdings in its telecommunications and pharmaceutical industries, the Investment Coordinating Board said today, hours after a report showed economic expansion slowed for a fifth quarter. Gross domestic product increased 5.62 percent in the three months ended Sept. 30 from a year earlier, as a declining rupiah restrained investment in Southeast Asia’s largest economy.