Aditya Suharmoko, Jakarta – A recent survey that says Indonesia has become less competitive is "odd", the government has declared, pointing to improvements in business regulations and a

Jakarta – The government published a statement on Thursday debating a conclusion of a survey by the World Bank's investment arm, International Finance Corporation, on Indonesia's invest

Aditya Suharmoko, Jakarta – Despite progress in certain areas, Indonesia overall is worse off now than the year before when it comes to doing business, a survey revealed Wednesday.

Ika Krismantari and Aditya Suharmoko, Jakarta – The Indonesian Composite Index slumped Tuesday to its lowest level in 17 months as investors pulled out their money over jitters that low

Aditya Suharmoko, Jakarta – Improved tax collection by extending the tax base and modernizing the tax system have boosted tax proceeds by 46 percent during the first eight months of thi

Jakarta – The national banking industry appears to be controlled by foreign interests.

Aditya Suharmoko and Alfian, Jakarta – Businesses have praised the newly endorsed income tax law, saying it will boost the competitiveness of Indonesia's economy amid tougher global com

Aditya Suharmoko, Jakarta – Strong exports, primarily those of commodities, helped fuel Indonesia's economic growth by an unexpected 6.4 percent in the first half of 2008 as compared wi

Desy Nurhayati, Jakarta – State airline PT Merpati Nusantara has been forced to axe more than half its workers and receive a government bailout in a major restructuring program designed

Aditya Suharmoko, Jakarta – Despite pressure from high inflation and the upward trend in the Bank Indonesia (BI) benchmark interest rate, bank loans managed to grow at 13.8 percent in t

Henry Saragih, Jakarta – Talks on the World Trade Organization's (WTO) Doha Round have collapsed.

Aditya Suharmoko, Jakarta – On-year inflation hit a 22-month high in July as the second-round effects of the May fuel price increases were yet to fully materialize, providing leeway for

Ika Krismantari, Jakarta – The much-hyped global trade talks collapsed Tuesday with economic powers and top developing nations trading the blame and leaving countries like Indonesia loc

Tom Wright, Jakarta – The global resource boom is threatening one of the world's last tropical-forest frontiers: the Merauke region of Indonesia's remote Papua province.

Jakarta – Indonesia must raise ownership ceilings for foreign investment and liberalize state-owned monopolies to resolve infrastructure bottlenecks, the Organization for Economic Coope

Jakarta – Indonesia has low tariffs to encourage trade but fails to provide good bureaucratic procedures and law enforcement, a World Bank report says.

Aditya Suharmoko, Jakarta – Bank lending grew by 9.4 percent until May from the end of last year to Rp 1,096.21 trillion (US$119.7 billion), with half of the lending going to productive

Aditya Suharmoko, Jakarta – The economy has grown by 6.2 percent in the first half of the year on the back of strong consumption and investment, Finance Minister Sri Mulyani Indrawati s

Jakarta – Passengers waited helplessly in dimly lit terminals as the runway fell eerily quiet.

Novia D.

Jakarta – Indonesia is good at attracting international trade with its relatively competitive tariff barriers, but our border controls and distribution channels create major obstacles,

Nanang Sutisna, Subang – Hundreds of fishermen from Java's northern coast at Blanakan, Subang district, West Java, are unable to work for a month as they cannot afford to buy fuel any m

Angus Grigg, Jakarta – As soaring oil prices hit consumers and rattle global financial markets, one of the world's poorest nations, East Timor, is cashing in.

Jakarta – Indonesia's high rate of inflation will not be quelled by the central bank's decision to increase its benchmark rate earlier this month, an economist says.

Novia D.

Jakarta – Public consumption of illegal textile imports rose to 70.6 percent last year from 49.9 percent in 2006, costing the local industry billions of US dollars, an industry leader s

Jakarta – Owing in part to the relative strength of Indonesia's economy, last month's on-average 28.7 percent fuel price increase will have a softer impact compared that caused by the 2

Aditya Suharmoko, Jakarta – The National Development Planning Agency (Bappenas) has proposed gradually increasing fuel prices to draw closer to international price levels and safeguard

Ika Ningtyas, Jakarta – The head of the Industrial-Trading & Cooperating Agency (Disperindagkop) for Banyuwangi, I Nyoman Wirayatsa, said non-performing loans of small-to medium- si

Jakarta – Indonesia's textile exports to the United States and Japan fell in the first quarter of this year because of the slowing global economy, a consultant firm says.

Ika Krismantari, Jakarta – The recent fuel prices increase has not hampered consumption, with full-year fuel consumption set to rise 10 percent on the back of a growing economy and a ri

Jakarta – Despite a trend of investment growth in the oil and gas sector helped by rising prices of the commodities, Indonesia is still in danger of a sudden capital outflow, a survey s

Aditya Suharmoko, Jakarta – The economy will remain stable throughout the year with strong investment and exports set to compensate for a slight dip in private consumption despite incre

Aubrey Belford, Jakarta – Indonesia will withdraw from the Organisation of Petroleum Exporting Countries after years of declining exports, the energy minister said Wednesday even as oth

Jakarta – The ministry of industry has revised down the country's industrial growth target for the third time in five months to between 4.5 and 5 percent in response to the government's

Aditya Suharmoko, Jakarta – Contrasting figures between shrinking unemployment and growing underemployment suggest the country's investment climate has yet to support the growth of the

Jakarta, Pontianak – Business in Indonesia still relies on political rather than technical or professional support, Vice President Jusuf Kalla said Saturday, which allowed unfair compet

Aditya Suharmoko, Jakarta – The economy grew by 6.28 percent in the first quarter of 2008 from the same period last year on robust growth in investment, exports and spending, the Centra

Aditya Suharmoko, Jakarta – The economy grew at a lesser rate in the first quarter of 2008, compared to in last year's fourth quarter, on a slower growth in investment and consumption a

Jakarta – A resources-based commodities boom has boosted the country's export figures in the first quarter of this year by 31.7 percent, the latest survey reveals.

Aditya Suharmoko, Jakarta – Consumer prices rose to a 19-month high in April, sending jitters over possible sluggish growth in the economy as the central bank is left with less room to

Jakarta – Speculations on the financial market, including futures trading, have exacerbated the energy and food crisis by inflating prices in spite of a global economic slowdown, a disc

Rendi Akhmad Witular, Jakarta – President Susilo Bambang Yudhoyono accepted on Tuesday a proposal from a powerful business lobby to help accelerate private investment in food crops and

Novia D. Rulistia, Jakarta – The government may again reduce its industrial output growth target for this year as soaring oil prices push up production costs and inflation.

Jakarta – Already under threat of a fiscal calamity amid soaring oil prices and unrealistic government fuel subsidy spending, Indonesia is expected to miss this year's oil production ta

Aditya Suharmoko, Jakarta – Inflation is now the main threat to Asian economies, including the Indonesian economy, requiring further tightening of monetary policy, the International Mon

Aditya Suharmoko, Jakarta – Despite healthy growth in bank lending during the first quarter this year, Indonesian banks have been reluctant to lend to the process manufacturing industry

Jakarta – The government hopes to cut the total losses of state companies this year by as much as 92 percent, thanks to strong progress in certain companies, the State Ministry for Stat

Yuli Tri Suwarni and Apriadi Gunawan, Bandung/Medan – Businesspeople in West Java and North Sumatra want new governors in the two provinces to retract business-unfriendly bylaws and rep

Jakarta – Indonesia is the third most optimistic market in Asia after India and China, according to a quarterly investor survey by Dutch financial institution giant ING.