Lindsay Murdoch – The Prime Minister of East Timor, Xanana Gusmao, has vowed to make a historic stand against corporate giants that plunder the resources of tiny nations, signalling his

East Timor's prime minister said an Australian consortium is trying to steal his country's natural resources from a gas field it's developing in the Timor Sea.

Perth – Australia's Woodside Petroleum has not successfully lodged a proposal to East Timor's government to develop the Sunrise gas project using a floating liquefaction plant, the tiny

James Paton – East Timor's petroleum regulator has refused to accept Woodside Petroleum Ltd.'s plan to develop the Sunrise gas project, insisting on more detailed analysis of alternativ

Arti Ekawati – Red tape, conflicting regulations and legal uncertainties keep US companies from investing in clean-energy projects in Indonesia that could help reduce carbon emissions a

James Paton – Woodside Petroleum Ltd.

Lindsay Murdoch – The East Timorese government has complained to the ASX about Woodside's announcement that it plans to build a floating liquefied natural gas platform above the multibi

Indonesia said Monday that gross domestic product grew 5.7 percent year on year in the first quarter of 2010 due to strong domestic demand and low inflation.

Lindsay Murdoch – The regulator of East Timor's petroleum industry has accused Woodside of failing to comply with its legal obligations before announcing plans to build a floating lique

Dili – Partners in the Sunrise gas field joint venture met East Timorese President Jose Ramos-Horta on Thursday after the government angrily rejected plans to process Timor Sea gas on a

Titania Veda – Seen from Jakarta's glass-walled towers, the government's reform drive is bearing fruit, with rising economic growth and foreign investment promising an even brighter fut

The Federal Government has told East Timor it cannot invite another company to develop the Greater Sunrise gas fields in the Timor Sea.

Jakarta – Indonesia's shoe exports could reach US$3 billion per year in the next three years thanks to the recent relocation of several branded footwear factories from other Asian locat

Indonesia's consumer confidence was little changed in April, a survey by the Danareksa Research Institute (DRI) showed, with those polled saying the economy was improving but that risin

Irvan Tisnabudi & Ardian Wibisono – Indonesia posted a 41 percent rise in foreign direct investment in the first quarter of 2010 over the same period a year ago, but domestic invest

Xavier La Canna – Woodside Petroleum Ltd will send a high-level team including chief executive Don Voelte to East Timor, after the tiny nation threatened to sink plans for a multi-billi

Yessar Rosendar – Faced with declining national oil production and fierce opposition, the government has ditched a controversial proposal to limit the expenses that oil companies can su

Fidelis E.

Endy M.

James Paton – Woodside Petroleum Ltd., Australia's second-largest oil and gas producer, continues to face opposition from East Timor's government to proposals for developing the Sunrise

Sara Everingham – East Timorese president Jose Ramos-Horta says it is time to break the impasse between Australia and his country over the development of the Greater Sunrise gas field.

East Timorese Prime Minister Xanana Gusmao pledged Wednesday to increase government investment of the tiny country's oil wealth to boost economic growth and living standards.

Indonesia stocks approached a record high on Thursday after inflation data stoked expectations the central bank will keep its interest rate at a record-low next week, while Thai stocks

Katrina Nicholas – Indonesia will allow foreigners to buy property in the country and own bigger stakes in health-care companies as it completes a review of investment rules, the countr

Dili – The tiny, impoverished nation of East Timor is on the cusp of an economic explosion that will eclipse even China in terms of growth, a top UN economist said on Tuesday.

Jakarta – The Investment Coordinating Board (BKPM) admitted Thursday that it was difficult to lure investors from the US and European countries to invest in Indonesia.

Irvan Tisnabudi – Indonesia is likely to see higher prices for alcoholic beverages and more black market trading as a result of the government's decision to effectively replace the luxu

Mustaqim Adamrah, Jakarta – The United States has once again put Indonesia into its Priority Watch List of countries with rampant copyright infringement, despite claims by the governmen

Officials, analysts and economists who have held fast and predicted that Indonesia's economy is destined for great things in 2010 were rewarded with a slew of good news on Wednesday, in

East Timor's president Jose Ramos-Horta says his country is serious about making sure its interests are not ignored in the development of the Greater Sunrise Gas field.

Aditya Suharmoko, Jakarta – Total subsidies will be raised by 26.3 percent to Rp 199.34 trillion (US$21.73 billion) in the revised 2010 state budget to protect households, the main driv

Aditya Suharmoko, Jakarta – Indonesia's exports in January slowed 13 percent from December, despite booking a year-on-year increase of 59 percent due to a low base in January last year,

Aloysius Unditu and Novrida Manurung – Indonesia's inflation accelerated to the fastest pace in nine months amid rising commodity and food prices, putting pressure on the central bank t

Nani Afrida, Jakarta – The Energy and Mineral Resources Ministry fears implementation of a new environmental law may lead to problems that could seriously hit production and investment

Jakarta – A proposal by Indonesia to limit foreign investors' participation in certain share issues could scare off overseas investment, some analysts and fund managers said.

Erwida Maulia, Jakarta – President Susilo Bambang Yudhoyono has launched the National Savings Movement, introducing savings accounts without administration fees to encourage more Indone

Jakarta – Indonesia will issue a government decree aimed at clarifying what oil and gas contractors can claim under a scheme to reimburse their operational costs, including exploration

Aditya Suharmoko, Jakarta – The government remains optimistic economic growth will accelerate to 5.5 percent this year but warns of downside risks caused by domestic and external factor

Sunanda Creagh, Jakarta – The East Timor government said on Thursday that it still has not awarded a contract to any company to develop a pipeline or LNG facility from its lucrative Gre

Aditya Suharmoko, Jakarta – Indonesia's exports were down nearly 15 percent last year as the global economic crisis cast a shadow over the country's major export earners, dampening dema

Aditya Suharmoko, Jakarta – Inflation in January accelerated to a seven-month high with rising commodity and food prices, without provoking worry that the central bank should raise its

Irvan Tisnabudi & Ardian Wibisono – Indonesian exports hit an all-time monthly high of $13.3 billion in December as commodity prices rose in line with the global economic recovery,

Nani Alfrida, Jakarta – Indonesia's economy has returned back on track following a period of lower growth last year due to the global economic crisis.

Malaysia's national oil company Petronas said Tuesday it has been invited by East Timor's government to help develop a disputed oil and gas field worth billions of dollars.

Iwan Suci Jatmiko, Contributor, Jakarta – It was with good reason that the Indonesian Ulema Council and the government established PT Bank Muamalat Indonesia on Nov. 1, 1991.

Aditya Suharmoko, Jakarta – Ousting Finance Minister Sri Mulyani Indrawati Cabinet after the Bank Century bailout, as some speculation suggests may happen, could hit the economy, as int

Ben Butler – East Timor could leave the Sunrise gas and oil field in the Timor Sea undeveloped if Australian company Woodside refuses to build a pipeline to Timor's south coast.

Canberra – Woodside Petroleum Ltd.

Janeman Latul – The government will scrap import duties on equipment needed to build power plants to encourage independent companies to build plants in the second phase of its "fast-tra

Anthony Deutsch, Jakarta – East Timor's government said Wednesday it will block proposals by an Australian-led consortium to develop a disputed oil and gas field worth billions of dolla