Jakarta – Finance Minister Agus Martowardojo has promised he will accelerate the implementation of tax incentives to stimulate local investment.

Linda Yulisman and Rendi A.

Jakarta – Economic growth, which reached 6.4 percent in the second quarter of 2012, is largely being enjoyed by the middle- and upper-class, because it is not quality growth.

Jakarta – In the midst of a global crisis, Indonesia's economic growth recorded a positive result.

Linda Yulisman, Jakarta – Indonesia booked a trade deficit for a third consecutive month in June on higher domestic demand for capital goods and raw materials, the Central Statistics Ag

Hans David Tampubolon, Jakarta – Finance Minister Agus Martowardojo admits that there is still a lot of work to be done to ensure efficient budget spending, which has been considered a

Agustiyanti – State expenditure until May 23 of this year had only reached Rp 400 trillion ($42.4 billion), or just 27.9 percent of the year's target, data from the Finance Ministry sho

President Susilo Bambang Yudhoyono called on Monday for a closer partnership between governments and the business community to stimulate the global economy during the lingering economic

Hans David Tampubolon and Rendi A.

Gary LaMoshi, Denpasar – Indonesia has been running its own version of the China bargain.

Jakarta – After recording a negative trade balance, due to weakening global demand, Indonesian exports are likely to take another beating as commodity exporters struggle to deal with th

Linda Yulisman, Jakarta – The Industry Ministry says it will cut funding for a machinery revitalization program as part of a state budget efficiency push.

Linda Yulisman, Jakarta – The government expects the trade surplus to plunge to one-fifth of last year's level as the worldwide economic downturn will likely continue to hurt the countr

Tito Summa Siahaan – Indonesia has continued its slide down the economic competitiveness rankings compiled by a Swiss business school, suggesting the country may have failed to make the

Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) has bemoaned the slow growth of the nation's economy, attributing most of the blame on an extensive bureaucracy.

Hans David Tampubolon, Jakarta – The government has spent just over 10 percent of the total 2012 capital spending budget in the first quarter of the year, Deputy Finance Minister Anny R

Standard & Poor's rating agency, the lone holdout among its peers in keeping Indonesia's sovereign debt rating one notch below investment grade, says corruption is choking off forei

Indonesian consumers were less confident in the economy in April as they worried about rising prices, according to surveys by the central bank and brokerage firm Danareksa.

Rangga D.

Esther Samboh, Jakarta – Bank Indonesia (BI) will issue a regulation limiting ownership in local banks next month before proceeding with a formal review of planned acquisitions of Indon

Khaerudin, Nasru Alam Aziz, Jakarta – The disparity and gap between those who are rich and poor in Indonesia is clearly illustrated by data on the control of national productive assets.

The East Timorese government has raised concerns that it risks losing millions of dollars in revenue, as a result of Australia's carbon tax.

David Wroe – East Timor could be slugged millions of dollars a year under the carbon tax, which is set to take a bite out of revenues from offshore natural gas fields that Australia sha

Shamim Adam & Novrida Manurung, Singapore – Indonesia's push to lure investment is at risk from "policy slippages" such as the failure to cut fuel subsidies, said Standard & Poo

Nurdin Hasan, Banda Aceh – Newly elected Aceh governor Zaini Abdullah, on Tuesday vowed to make stability and the economy his priorities during his time in office.

Esther Samboh, Jakarta – Indonesia's commercial banks booked Rp 15.5 trillion (US$1.68 billion) in net profits in the first two months of this year, a 40.6 percent increase from a year

Hans David Tampubolon, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) says that businesses are disappointed over the fact that the government has failed to issue a pr

Dion Bisara – Despite seeing Indonesia as a potential investment destination, British businesses appear still concerned with the country's bureaucratic hindrances.

Jakarta – Indonesian exports for the month of February reached US$15.6 billion in value, growing by 8.5 percent compared to the same period last year, the Central Statistics Agency repo

Tito Summa Siahaan – Unless the government manages to improve governance and infrastructure development, Indonesia will fall into the "middle-income trap," according to the Asian Develo

Foreign investors are bemoaning a new law in Indonesia that strips them of control over mining assets, the latest in a rash of regulations that reflect what they see as growing "resourc

Tito Summa Siahaan & Francezka Nangoy – Shares of Mustika Ratu, a cosmetic and herbal medicine maker, were heavily traded in February, which was unusual for the company given there

Tito Summa Siahaan & Grace Dwitiya Amianti – The central bank introduced a regulation on Friday aimed at preventing potentially dangerous bubbles by encouraging prudent banking prac

Aloysius Unditu – Indonesia's rupiah and bond markets remained under selling pressure this week as investors dumped local high-yield assets ahead of next month's scheduled subsidized fu

The government's plan to allow foreigners to buy condominiums could help reduce "illegal purchases" of properties by foreigners that have tended to increase property values in the count

Dion Bisara & Anita Rachman – The government came under fire over the weekend after it released a ruling banning foreigners from occupying 19 types of positions in Indonesian-owned

Jakarta – A new government regulation scheduled for implementation in May has promised a legal breakthrough that would allow foreigners to own property in Indonesia, albeit restricted t

Dion Bisara & Tito Summa Siahaan – To better reflect the surge in global oil prices and next month's planned increase in the subsidized fuel price and electricity rates, the governm

Aditya Suharmoko and Vikram Subhedar, Jakarta/Hong Kong – At the start of 2012, Indonesia was basking in accolades for its economic performance.

Linda Yulisman, Jakarta – Indonesia's exports were down in January – partly driven by declining shipments to key buyers, including China, Singapore and the US – despite moderate annuali

Indonesia is set to become the biggest market for luxury goods in Southeast Asia, the head of LVMH for South Asia, Southeast Asia and the Middle East said, according to CNBC.

Shirley Wibisono – Automakers from Japan to India are eyeing a bonanza in Indonesia, Southeast Asia's largest economy where a newly wealthy middle class are splashing out on cars like n

Dion Bisara – The economy grew 6.5 percent last year, its biggest expansion since the 1997-98 Asian financial crisis, as domestic consumption helped shield the country from the global e

East Timor's strong economic growth is at risk from high inflation fueled by government spending, the International Monetary Fund warned Wednesday.

Linda Yulisman, Jakarta – The ease of doing business in cities across Indonesia, measured by the requirements of starting a business, dealing with construction permits and registering p

Fadli, Batam – Once touted as investment paradise for exporters, Batam City of the Riau Islands has fallen victim to rising costs and bad policy making, hurting its leverage as a free t

Indonesian exports surged 29 percent last year, and January inflation eased, date showed Wednesday, as Southeast Asia's largest economy targeted emerging countries amid weakness in US a

Hans David Tampubolon, Jakarta – Investors are not taking advantage of existing tax breaks, despite their claims that they need additional fiscal incentives, according to Finance Minist

Francezka Nangoy – Indonesia could achieve another rating upgrade if it can tackle problems with infrastructure, crack down on rampant corruption and prepare measures to mitigate extern

Rangga D.