Yuli Tri Suwarni and Ridwan Max Sijabat, Bandung/Jakarta – Government underfunding is to blame for the high number of fatal accidents on the state rail network, PT Kereta Api's (PT KA)

Indonesia's consumer confidence improved a notch in the first quarter of this year, compared to the previous quarter, with more than 20 percent of respondents in a recent survey believi

Rendi Akhmad Witular, Jakarta – Investor confidence in the country's economy may further dwindle as the government and lawmakers are showing no sense of urgency about completing the del

Riyadi Suparno, Tokyo – The World Bank, a strong advocate of private sector investment in infrastructure, is now calling on governments around the world to increase their investment in

Jakarta – Experts have criticized a plan by President Susilo Bambang Yudhoyono to form a new working unit to help address the country's economic problems and improve the investment clim

Jakarta – Fashion products have not bounced back from the fuel price increase in October last year, causing earnings from clothing and shoes to decline by 40 percent since January.

Tony Hotland and Urip Hudiono, Mataram/Jakarta – President Yudhoyono confirmed the government's intention Tuesday of repaying ahead of schedule Indonesia's multibillion dollar debt to t

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Benget Simbolon Tnb., Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) has warned the government that enacting a new investment law and improving the macro economy woul

Urip Hudiono, Jakarta – Hard work still lies ahead for the government despite its expectations of higher growth this year on more investments, with official figures showing actual overs

Jakarta – State power utility PT Perusahaan Listrik Negara (PLN) has reported a 2005 loss that is more than double that of the previous year after higher fuel prices increased its elect

Jakarta – The Business Competition Supervisory Agency (KPPU), the nation's official antimonopoly watchdog, has urged the government to stop granting new monopolies so as to ensure equal

Rendi Akhmad Witular and Urip Hudiono, Jakarta – The Indonesian economy remains exposed to possible slower economic growth this year as government spending, which plays a key role in fu

The steep fuel price hike during the last quarter of 2005 severely dented consumer confidence, with 40 percent of Indonesians surveyed back then saying that they were worse off than a y

Urip Hudiono, Jakarta – Indonesia's economy is expected to continue slowing down this year, the Asian Development Bank (ADB) said Thursday, with high inflation and interest rates still

Jakarta – Robust demand for Indonesia's crude palm oil (CPO) and rubber helped push up the country's total exports for the first two months of the year by nearly 19 percent from the sam

Jakarta – Indonesia's slow bureaucratic processes once again appear to be preventing an industry from achieving its full potential in the global market.

Jakarta – Indonesia's economy may grow more slowly this year than in 2005 as private investment remains sluggish and only likely to pick up during the second half of 2006, the World Ban

Bill Guerin, Jakarta – Indonesia's bountiful natural resources are generating massive corporate deals, a signal that one of the region's sickest post-Asian-financial-crisis economies is

Bill Guerin, Jakarta – Spurred by the personal intervention of President Susilo Bambang Yudhoyono, Indonesia has brought to a dramatic end a four-year dispute between US oil giant Exxon

Dili – East Timor's economy needs to grow by more than 6% annually from 2007 if the new nation is to meet the UN's Millennium Development Goals by 2015, Prime Minister Mari Alkatiri sai

Executive director of the Centre for Strategic and International Studies (CSIS) Hadi Soesastro said East Timor has abundant natural resources.

Virginia Winder – East Timor needs fair trade to turn its economy around, says peace and environmental activist Ego Lemos.

Bill Guerin, Jakarta – In a closely watched, highly contentious court case, a German bank is in the dock in an ongoing legal battle against a Singapore-registered company over ownership

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Jakarta – The business community, tired of the government failing to deliver on promises, is demanding it come through this time by implementing its latest economic policy package to in

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Indra Harsaputra, Surabaya – Household goods manufacturing company PT Maspion has been hit by the double blow of cheaper products from China and Vietnam, and a massive strike by workers

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Mark Forbes, Jakarta – The Indonesian President, Susilo Bambang Yudhoyono, has intervened in the growing controversy surrounding Papua's giant Freeport mine, warning that continuing, vi

Urip Hudiono, Jakarta – The country's often gloomy business and economic front received a much-welcome boost this week, with several positive reviews from international agencies.

Jakarta – The government is doing almost nothing to support research and technology development in the country, investing less than half a percent of the nation's total gross domestic p

Jakarta – Some top Indonesian officials appear peeved over the latest assessment on the country's economy by the International Monetary Fund, which for six years after the monetary cris

Jakarta – Despite the recent downturn, Indonesia's medium-term prospects for growth remain strong, the International Monetary Fund says, with economic expansion reaching up to 5 percent

Semarang – The financial losses suffered by Central Java province last year due to various natural disasters has been calculated at Rp 51.6 billion, with the death toll at 19.

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Jakarta – The government's hopes of achieving higher growth this year on the back of increased investment has suffered a setback, with official figures showing a slow start to the year

Urip Hudiono, Jakarta – The government has prepared a package of 153 policy actions for this year to encourage private investment in the much-needed development of infrastructure to sup

Washington – Indonesia must give immediate priority to completing tax, labour and other key reforms aimed at drawing investments crucial to boosting economic growth, a senior IMF offici

Jakarta – The economy expanded 5.6 percent last year, higher than 2004, with increased government spending compensating for sagging private consumption and investment hit by the rise in

Jakarta – The government will go ahead with its plans to repay Indonesia's debts to the International Monetary Fund (IMF) ahead of schedule, the finance minister said, citing a prelimin

Jakarta – When it comes to the problems faced by Indonesian industry, the same words crop up again and again: smuggling and soaring imports.

Jakarta – Despite record 2005 export earnings, a closer look at the trade statistics suggests the country's manufacturers are having a tough time competing overseas, particularly agains

Jakarta – Indonesia's foreign debt has many people seriously worried.

Urip Hudiono, Jakarta – Hopes of a breathing space for the economy in the form of easing interest rates may prove to be unfounded, with the central bank saying inflationary pressures co

Jakarta – Although the latest figures from the Central Statistics Agency (BPS) show year-on-year inflation slowing for the second month in a row to 17.03 percent in January, high inflat

Jakarta – As would-be easy riders get revved up over the prospect of cheaper cars and motorcycles in the wake of falling import duties, the local industry sees the lower tariff regime a

Leony Aurora, Jakarta – Businesspeople, arguing that power rates are already higher than those in neighboring countries, are threatening to refuse to pay proposed additional charges, ev

Bill Guerin, Jakarta – Recent comments by Indonesian Minister for State-Owned Enterprises Sugiharto that Jakarta planned to "buy back" a stake in publicly listed Indosat, the country's

Urip Hudiono, Jakarta – Indonesia's economy is set for moderate growth this year as the country struggles to recuperate from last year's slowdown amid lingering high oil prices, a weak