Jakarta – Indonesia will maintain a conservative fiscal policy despite pressure to fast-track infrastructure projects, the Coordinating Economic Ministry says, insisting on public-priva

Nivell Rayda, Jakarta – Nongovernmental groups are urging the government to participate in the Extractive Industry Transparency Initiative, in a bid to combat corruption and minimize po

Indonesia is the worst country in Asia when it comes to protecting intellectual property rights, according to a survey of expatriate businessmen.

Jakarta – Foreign loans borrowed by Indonesia's private sector nearly doubled during the first half as companies began increasing their spending to finance expansion following a slowdow

Irvan Tisnabudi, Jakarta – A wide range of Chinese goods has flooded Indonesia since the Asean-China free-trade pact took effect on Jan.

Indra Harsaputra, Surabaya – Businesspeople in East Java say there are thousands of burdensome bylaws in place that fail to guarantee security for businesses and are partly to blame for

Dion Bisara, Singapore – Indonesia's economy grew at a better-than-expected 6.2 percent in the second quarter of 2010 from the same period a year ago, thanks to strong investment, expor

Jakarta – Investment in Indonesia, including from both foreign and domestic investors, rose 40 percent in the second quarter of 2010 from the same period a year ago, said the country's

Jakarta – Indonesia's target to achieve economic growth of 7 percent a year within the next few years will be difficult to reach if no significant improvement is made in the country's t

Winarno Zain, Jakarta – The decision by the Bank Indonesia (BI) Board of Governors to maintain its current benchmark interest rate at 6.5 percent in their last meeting was not surprisin

Latif Adam – Well-developed infrastructure has been a key factor in China's success in achieving high and sustained economic growth.

Jakarta – It is time to spend money on lifestyle and long vacations, Indonesians say, amid a positive sentiment toward the economy and a declining fear of spending, a survey says.

Matt Chambers – When East Timor President Jose Ramos Horta fronts the National Press Club in Canberra today, the Greater Sunrise gas partners – led by Woodside Petroleum – are hoping fo

East Timor's President Jose Ramos Horta is using a state visit to Australia to try to calm escalating tensions over the development of the Greater Sunrise oil and gas field in the Timor

Stephanie Phang – Capital inflows pose a bigger risk to Indonesia than inflation, and may prompt the central bank to introduce more measures to reduce short-term money even as it delays

Ray Brindal and Rachel Pannett, Canberra – East Timor President Jose Ramos-Horta said Wednesday a decision on a site for a plant to process gas from the Greater Sunrise field will be ma

Linda Mottram, Canberra

Hong Kong.

Vincent Lingga, Jakarta – The International Monetary Fund (IMF) charted out Thursday a rosy outlook for Indonesia's economy for the rest of this year with an estimated growth of 6 perce

Neil Chatterjee & Gde Anugrah Arka – The International Monetary Fund on Thursday forecast Indonesia's economic growth will accelerate this year amid improving investment and said th

Aditya Suharmoko, Jakarta – Indonesia has issued a new presidential regulation that increases foreign ownership limits for certain local businesses and properties.

East Timor's government is emphatic it would rather leave the Greater Sunrise gas deposits under the Timor Sea than drop its demand the gas be piped to East Timor for processing.

Agus Maryono, Cilacap – More than 90 percent of the country's 15.5 million fishermen are living below the poverty line due to an underdeveloped local fishing industry, an official from

Lindsay Murdoch, Darwin – East Timor has accused Woodside of "grandstanding" over its plans to build a floating liquefied natural gas platform above the Timor Sea's Greater Sunrise fiel

Jon Gorvett – Hopes for a change in Indonesia's restrictive rules on foreign ownership of property were dashed when a major conference of real estate agents on Bali ended last week with

Irvan Tisnabudi – Tax reform and infrastructure development are among the keys to achieving the economic growth target in 2011, Finance Minister Agus Martowardojo told lawmakers on Wedn

Dili – East Timor on Tuesday accused Australian company Woodside Petroleum of trampling its sovereign rights as it again rejected plans to process Timor Sea gas on a floating platform.

Canberra – East Timor Prime Minister Xanana Gusmao is prepared to block the multi-billion dollar Timor Sea development of the Greater Sunrise gas field by Australia's Woodside Petroleum

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.

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

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

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

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

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

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

Endy M.

Fidelis E.

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.