Banjir Ambarita – The military in Papua has denied that an officer stabbed a civilian, leading to his death, on board a passenger ship heading from Nabire to Manokwari on Sunday.

Indonesia said Thursday its economy posted robust growth in the first quarter thanks to rising investment, exports and strong domestic consumption.

Jakarta – Indonesia is currently facing a second phase of deindustrialisation. One of the indicators is the dependency on foreign companies.

Vice president Boediono said Indonesia should not depend on the low cost of labor to attract investment.

Francezka Nangoy – Amid a bumper day of positive economic news for the country, the Investment Coordinating Board announced that foreign direct investment in Indonesia rose 11.6 percent

Zubaidah Nazeer, Dili – Former investment banker Derek Chua traded in his sharp suits for comfortable clothes so that he could cycle to work each morning here in Timor Leste's capital c

Faisal Maliki Baskoro – As many as 16 infrastructure projects are being offered to foreign investors this week at an international forum, but prospective investors say the government sh

Jimbaran, Bali – The World Bank and Asian Development Bank (ADB) have voiced support for Indonesia's plans to accelerate economic expansion.

Lynn Lee – Indonesia is set to unveil a tax holiday scheme for large investors as early as next week, officials say, as the country ramps up efforts to woo manufacturing and infrastruct

The Jakarta Post, Jakarta – According to the World Bank, the nation's middle class grew by 61.73 percent to 131 million people in 2010, up from 81 million in 2003.

Dion Bisara & Mohammad Al Azhari – While the government expects the economy to grow 6.6 percent next year, worries about rising oil and food prices eating away at consumers' purchas

Dion Bisara & Shirley Wibisono – A groundswell of consumer anger is building against the rising tide of text messages offering collateral-free loans from banks.

Rangga D.

Rangga D.

Rendi A. Witular – President Susilo Bambang Yudhoyono launched on Feb. 22 a blueprint for the nation's economic development for the next 14 years.

The government has targeted $80 billion in foreign and domestic investment in the manufacturing sector in the next five years, Antara reported, citing an Industry Ministry official.

Francezka Nangoy – State power utility Perusahaan Listrik Negara plans to cut industrial electricity rates for late-night use, it said on Sunday, but the plan does not sit well with som

Camelia Pasandaran – The government has announced that it would issue new guidelines next month on boosting development in the restive provinces of Papua and West Papua.

Faisal Maliki Baskoro – The government hopes improving infrastructure and developing science and technology under a new master plan for economic development will help Indonesia become o

The economy grew at the strongest pace in six years during the fourth quarter of 2010, blowing past expectations with 6.9 percent year-on-year growth.

Peter Alford – Inflation topped 7 per cent in Indonesia last month, its highest level in 22 months.

Ina Parlina, Jakarta – Activists find that the one-stop service for issuing a business license, imposed to prevent red tape, still leaves opportunities for corruption.

After a stellar 2010, during which the country's economic planners could seemingly do no wrong, analysts are now questioning whether the central bank's reluctance to hike interest rates

Jakarta – Investment in Indonesia rebounded to an all-time high of Rp 208.5 trillion in 2010 on the back of the improved economic fun-damentals in the Southeast Asia's largest economy,

A credit rating upgrade to one step below investment grade for Indonesia by Moody's Investors Service was overdue given the persistent improvement of the country's economy in the past f

Jakarta – The World Bank expects Indonesia's economy to expand 6.2 percent in 2011, less than the official government estimate of 6.4 percent.

Armando Siahaan, Jakarta – Against a backdrop of growing concern that inflation could dent the armor of what has been a resilient and robust national economy, President Susilo Bambang Y

Bernie Moestafa – Indonesia's stocks tumbled, with the benchmark index set for the biggest drop in more than two years, amid concern accelerating inflation will curb returns and prompt

SK Zainuddin & Francezka Nangoy – Indonesia enjoyed a bumper year in 2010 as rising consumer demand, strong commodity prices and low interest rates combined to create a virtuous cyc

Dion Bisara – Two years after the tumultuous global financial crisis, the Indonesian banking system is back on solid footing to spur lending and help boost economic growth in Southeast

Jakarta – The country's prevailing lending growth is still too low to support economic growth targets of 7 percent within the next few years, economic observers say.

Olivia Rondonuwu & Neil Chatterjee, Jakarta – Indonesia's selection of less aggressive candidates to head antigraft institutions and failure to make progress on big corruption cases

Dion Bisara, Jakarta – The World Bank revised down its 2010 growth forecast for Indonesia by 0.1 percentage points to 5.9 percent on Thursday.

Ismira Lutfia, Jakarta – The Press Council on Wednesday said it could not find evidence that bourse journalists had blackmailed Krakatau Steel in exchange for shares, but they did find

Faisal Maliki Baskoro & Fransiska Nangoy, Jakarta – With economic opportunity knocking on Indonesia's doors, the freshly formed board of the country's chamber of commerce has called

Faisal Maliki Baskoro & Nariswari Dita Yudianti, Jakarta – Speculation that Krakatau Steel's initial public offering price was kept artificially low to benefit connected investors m

Doddy Ariefianto, Jakarta – The Indonesian economy has never looked better, with significant improvements in key areas, but economists and business players have warned of flaws that cou

Jakarta Globe & Bloomberg, Jakarta – Indonesia has been hammered in a World Bank report ranking countries with the most business-friendly regulations.

Dion Bisara & AFP, Jakarta – A policy group has urged Indonesia to renew its efforts to reform the bureaucracy, invest heavily in infrastructure and cut greenhouse gas emissions whi

Shirley Christie, Indonesia – Indonesia saw foreign direct investment jump 32 percent to Rp 111.1 trillion ($12.4 billion), excluding oil and gas, and banking, in the first nine months

Stephen Coates, Dili – A jade elephant rears majestically in the corner as patrons tuck into their burgers and fries at one of only three US-style fast-food joints in East Timor, all of

Ririn Radiawati Kusuma & Bloomberg, Jakarta – In what analysts labeled a risky move, the government on Wednesday said it would sell about 60 percent of the nation's stock of crude o

Indonesia's monthly exports climbed to their highest value ever in August, totaling US$13.71 billion, a 9.76 percent increase from the $12.49 billion recorded in July, the Central Stati

Nicholas Jones – East Timor will lose more than revenue if a dispute with Woodside Petroleum over where gas from the Greater Sunrise field will be processed is not resolved, says an aca

Karon Snowdon – Woodside Petroleum has denied reports it is willing to consider processing gas from the Greater Sunrise field in East Timor.

Australia's Woodside Petroleum has promised East Timor it will re-examine Dili's demands for gas from the Greater Sunrise field to be processed on East Timorese soil, an official said o

Stephen Coates, Jakarta – The mix of stability, relatively calm politics and solid economic growth is seeing investors clamor to gain a foothold in Indonesia.

Stephen Coates, Jakarta – The International Monetary Fund warned on Friday that Indonesia must make fighting corruption a priority if it wants to build on its progress as one of the wor

Jakarta – The government expects foreign direct investment to pick up more than expected to Rp 126 trillion ($14 billion) in 2010, up a third since last year.

Jakarta – Mochamad Tjiptardjo, general director of taxation, said on Tuesday that the Finance Ministry was preparing to offer investment incentives in the form of a tax holiday.