Insider Stories - Foreign investment in Indonesia is expected to rise to a record $32.8 billion this year, a document from the Investment Coordinating Board (BKPM) showed on Tuesday

Last year, foreigners committed to invest up to Rp 270.4 trillion an increase of 22.4 percent compared with the previous year's 26 percent gain in rupiah terms. In the fourth quarter of 2013, foreign investment commitments hit Rp 71.2 trillion, up 25.4 percent more than a year earlier in rupiah terms.

After growing by more than 6 percent in four of the last six years, Indonesia's economy has begun to slow, hurt by declining exports, amid weak commodity prices and a spike in inflation in the wake of higher fuel costs.