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Indonesia investigates report of asylum boat sinking

Indonesia's search and rescue agency said Friday it was investigating a report from Australian authorities that an asylum seeker boat carrying scores of people may have sunk. "We received information there were 72 people on board, and that 14 have been rescued by fishermen" after the vessel sank in the Sunda Strait between Java and Sumatra islands early Friday, said agency official Tatang Zaenudin.

Green groups accuse paper giant of breaking logging promise

Indonesian green groups on Thursday accused the world's third-largest paper producer Asia Pulp & Paper of again breaking its promise to stop clearing natural forests and peatlands in the country. APP in February announced that it had stopped using logs from Indonesia's natural forests after years of campaigning by Greenpeace that lost the firm major clients, including Barbie-maker Mattel and food giant Kraft.

FACTBOX-Key political risks to watch in Indonesia

By Neil Chatterjee JAKARTA, Jan 28 (Reuters) - Indonesia's economy is expected to have grown at over 6 percent again in 2012, and to accelerate further this year on rising domestic consumption and investment, a case of Asian strength in the face of Europe's debt crisis. Indonesia has been rewarded with two credit rating agencies upgrading it to investment grade, decisions which will draw more fund money to southeast Asia's biggest economy.
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