Rendi A.

Indonesia sold dollar-denominated 30-year bonds for the first time in four years on Monday, after receiving more than double the amount offered, reflecting growing confidence in the cou

Ivan Dasa Saputra – The Indonesian Chamber of Commerce and Industry says the economy is unlikely to grow by 6.7 percent next year as traditional hurdles such as high interest rates, ail

Francis Kan, Singapore – Indonesia's inability to meet the rising energy needs of its businesses, from steelmakers to hotel resorts, threatens to put the brakes on growth in Southeast A

Peter Alford, Jakarta – Indonesia's government is planning to cope with severe financial and economic shocks in coming months, including food shortages, Vice-President Boediono said yes

Dion Bisara & Faisal Maliki Baskoro – Slowing overseas demand for Indonesian goods is the latest issue for the country's exporters, even as the rupiah depreciates to a level that fa

Mong Palatino – With 37 votes in favor, 19 against and 3 abstentions, Timor-Leste's parliament initially approved on November 11 the general terms of the government's proposed budget of

Dion Bisara – Despite government efforts, most households still lack savings accounts, according to a new central bank survey.

Neil Chatterjee – At a time when many countries are slipping off investors' radar screens, Indonesia is a beacon with stable finances and the fastest growth rate in Asia outside China a

Linda Yulisman, Jakarta – Labor-intensive manufacturers may have to settle with modest export growth targets next year as they grapple with unfavorable market conditions brought on by t

Faisal Maliki Baskro – Poor infrastructure has led to the skyrocketing cost of distributing goods, according to an influential business grouping.

East Timor is mulling an investment firm based on Singapore's Temasek Holdings to invest part of the country's billions of dollars in petroleum revenues, President Jose Ramos-Horta said

Esther Samboh, Jakarta – It is getting easier to start a business in Indonesia but the improvement is negated by the lack of reform in other business-related fields, including high elec

Esther Samboh, Jakarta – Investment rose in the third quarter on business confidence that Indonesia's economy will remain resilient amid global financial turmoil, with Singaporean inves

Emerging nations in Asia, including Indonesia, may feel the bite of the global economic crisis after all, according to the International Monetary Fund, which warned that a sell-off by f

Aloysius Unditu & Ririn Radiawati Kusuma – Massive intervention by Bank Indonesia has cost the country billions of dollars from its foreign exchange reserves over the last month to

Zakir Hussain – Two recent moves by global tech giants to bypass Indonesia and set up shop in neighboring countries have put a damper on Jakarta's efforts to woo big-name investors and

Esther Samboh, Jakarta – The Indonesian stock market saw one of its steepest plunges ever on Thursday, as jittery investors dumped their equity assets over mounting fears of a repeat of

Hong Kong – The Asian Development Bank is trimming its forecast for economic growth in developing Asian countries because of worries about weak demand from key trading partners includin

Dion Bisara – After a long wait for the introduction of the country's tax holiday system, foreign and domestic investors can now take relief with the announcement of the decree on Frida

Muhamad Al Azhari & Dion Bisara – Indonesia has dropped two places in this year's Global Competitiveness Report, bringing a sudden halt to an impressive climb that had seen it climb

Guteriano Neves – Oil has different meanings for different societies.

Esther Samboh, Jakarta (JP/ANN) – Finance Minister Agus Martowardojo says Indonesian companies should be wary of foreign borrowing given the global economy's uncertain outlook.

Wasti Atmodjo, Denpasar – The Eastern Indonesia Region (KTI) is still lagging behind the economic development in Java and Sumatra – despite its rich natural resources – as indicated by

Manila, Philippines – The East Timor economy is expected to maintain growth of 10 percent this year, driven by a rise in oil prices and by public investment, the Asian Development Bank

Aditya Suharmoko, Jakarta – Indonesia will give a tax holiday for investors committing at least 1 trillion rupiah ($117 million) into sectors including metals and energy, an effort to s

Erwida Maulia, Jakarta – An economist warned here on Tuesday that Indonesia will likely not be able to benefit from the gloomy economic outlook looming over developed markets if it fail

Dion Bisara & Faisal Maliki Bakoro – Profits at some of the largest companies in Indonesia rose in the second quarter, boosting the case that the economy grew during that period.

US Secretary of State Hillary Clinton on Sunday urged Indonesia to cut tariffs, saying trade between the two countries lagged behind others in Southeast Asia.

Faisal Maliki Baskoro – Indonesia looks set to overtake Thailand as home to the largest automotive industry in Southeast Asia on the back of its rising middle class, an automotive indus

Dion Bisara & Francezka Nangoy – The government's plan to ban the export of raw minerals under a deadline three years from now may be feasible and could even create jobs once smelte

Rangga D.

Muhamad Al Azhari – Consumer confidence rose to the highest level in years, as Indonesians report feeling secure about stable food prices and the nation's economic welfare, according to

Esther Samboh, Jakarta – Indonesia's monthly exports reached a new record in May, easing four months of pressure on the nation's trade surplus amid an import boom, the national statisti

Indonesia needs to watch its debts made by the government or private parties that have continued to increase although comparative ratios are showing improvement, Bank Indonesia spokesma

Esther Samboh, Jakarta – The World Bank says Indonesia's ambitious master plan to become one of the largest economies in the world within 14 years is possible if regulatory bottlenecks

Arientha Primanita & Faisal Maliki Baskoro – In an attempt to keep price-depressing imported sugar from flooding the local market, the government plans to use a single office to mon

Muhamad Al Azhari – Foreign direct investment has shown little growth as a percentage of gross domestic product since 2008 and "continues to underperform that in regional peers," a lead

Shirley Christie – At least one US shoe maker plans to build a factory in Indonesia, and other US companies are exploring opportunities to collaborate with local producers, to make foot

Fidelis E.

Nani Afrida, Jakarta – Three prominent civil society groups opposed the recent World Economic Forum on East Asia today, saying it would bring more irresponsible foreign investment to In

East Timor's Council of Ministers has approved revisions to the Petroleum Fund Law that will see one of the smallest countries in the world move its money out of the world's biggest eco

Faisal Maliki Baskoro – Indonesia's global competitiveness has increased significantly since 2005 but work needs to be done to improve the country's public health, information technolog

Ririn Radiawati Kusuma – President Susilo Bambang Yudhoyono's push to renegotiate oil and gas contracts with foreign companies would set a bad precedent, industry players said.

Jakarta - Papua's economy contracted by 8.6 percent in the first quarter of 2011, compared with the figure from the same period last year.

Faisal Maliki Baskoro & Ririn Radiawati Kusuma – President Susilo Bambang Yudhoyono's call to renegotiate contracts with foreign companies received mixed reaction on Friday, with so

Erwida Maulia, Jakarta – The Indonesian government has only a slim chance of meeting its higher gross domestic product (GDP) growth target next year if no measures are taken to address

Dion Bisara & Faisal Maliki Baskoro – The government on Friday outlined its blueprint for the country's development over the next 14 years, presenting a series of startling numbers,

Jakarta – Foreign domination of strategic economic sectors is spreading and deepening.

As the government seeks to lift investment in exploration to counter slowing oil and gas output, it offered 20 blocks on Friday in the nation's first round of tenders this year, a senio