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Bill Guerin – As incoming president Susilo Bambang Yudhyono prepares to step into the palace, a mercurial dispute between US-based Newmont – the world's biggest gold producer – and Indo

West Papua has never been known to the world politics, except for its rich natural resources.

The Jakarta Post, Jakarta – Jakarta stock prices are expected to further consolidate this week as the bullish sentiment stemming from last week's smooth presidential election has alread

Ridwan Max Sijabat, Jakarta – The likely president-elect Susilo Bambang Yudhoyono must uphold legal certainty and security, and phase out the high-cost economy to encourage investment a

Heather Draper, Denver – Freeport-McMoRan Copper & Gold Inc.

Sari P. Setiogi and Fabiola Desy Unidjaja, Jakarta – The United States Embassy has criticized the Indonesian police for detaining without charge several executives of P.T.

Jakarta – The ability of Mr Susilo Bambang Yudhoyono, who is poised to become the country's sixth president, will be sorely tested when he comes to grips with the country's fuel subsidy

Indonesia's outgoing President Megawati Sukarnoputri has addressed the nation's highest Assembly, the MPR, detailing her achievements over three years in office.

Michael J. Webdell, Jakarta – Nike, Samsung, Tommy Hilfiger, Guess, Sony: These are just a few brands popular to people across the world.

Dadan Wijaksana, Jakarta – Waves of optimisms greeted the trouble-free runoff vote on Monday, with experts hailing the smooth process as a powerful starting point towards the much-neede

Jakarta – Amid reports of a continuing slump in foreign direct investment (FDI), Indonesia is in for even gloomier prospects after the recent Australian Embassy bomb attack, according t

Tony Hotland, Jakarta – The government must establish a "country borrowing strategy" and improve the distribution mechanism of foreign loans to regional administrations to ensure the ef

Low competitiveness in the country's manufacturing products is a major obstacle in the efforts to push economic growth, according to a senior economist.

Although the financial market in Jakarta did not panic after Thursday's bomb attack – ear the Australian embassy compound, it is no longer business as usual in so far as the market's pe

Jakarta – The rupiah, having weathered a huge shock last week following the latest bomb attack in the country, is likely to move within a narrow range this week with pressures slowly dw

Bill Guerin, Jakarta – Six years after a banking bail-out that cost some US$60 billion (Rp555 trillion), Bank Permata, Indonesia's second-largest bank and the last of the nationalized b

Kiki Verico, Jakarta – On July 31, 2004 in Geneva, Director General Supachai Panitchpakdi successfully led the meeting of 147 WTO member governments to approve "the package of framework

Phar Kim Beng – With the price of oil hovering around US$40 per barrel, it is easy to assume that the oil-producing countries are laughing all the way to the bank.

Bill Guerin, Jakarta – "Of course the risks are high.

Dadan Wijaksana and Tony Hotland, Jakarta – Renewed debate on whether to retain the hugely costly national fuel subsidy remerged on Wednesday, following a proposal by the government to

Jakarta – Indonesian officials and businessmen have welcomed the government's plan to abolish the unpopular exit tax next year, saying it would facilitate business expansion overseas.

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Indonesian economic growth slowed in the three months to June, raising fresh concerns over country's hefty debts.

Jakarta – Car ownership is not for the faint-hearted in Indonesia – fuel supplies are erratic, the roads are often awful and price tags on cars are almost hilariously high.

Medan – It would be difficult for Indonesia to reach a 7 percent growth target in the next two years, a senior minister said on Saturday.

Bill Guerin, Jakarta – Foreign businesses say a planned new policy on taxation, still winding its way through the corridors of power, coupled with high corporate tax rates, currently at

Jakarta – Oil prices remained high on Thursday but fell from record peaks, reviving fears over a ballooning fuel subsidy and widening state budget deficit.

Sisira Jayasuriya and Chris Manning, Canberra – The recent announcement by the Investment Coordinating Board Chairman that foreign direct investment (FDI) was down by one-third in the f

Jakarta – Although the government has yet to issue regulations on the gas sector, private firms have started building a network for gas distribution, showing great confidence in the fut

Tony Hotland, Jakarta – Aside from solving the existing problems that hamper investment, the government could also provide tax incentives for both local and foreign investors to lure th

Shawn Donnan, Jakarta – BP has completed the relocation of villagers at the future site of its Tangguh liquid natural gas project in the remote Indonesian province of Papua and expects

Jakarta – Revenue from oil and gas sector is expected to reach US$11.3 billion this year, a top oil and gas industry official said on Friday.

Jakarta – Approved foreign direct investment in value terms in Indonesia fell 34.4% during the first half of the year to U$3.05 billion from $4.65 billion a year ago, the official inves

Fitri Wulandari, Jakarta – State oil and gas firm PT Pertamina is requesting a government guarantee to facilitate crucial fuel import plans as the company faces cash flow problems.

Bill Guerin, Jakarta – Just as the liquefied-natural-gas industry in the Asia-Pacific region is poised for takeoff, Indonesia, the world's biggest LNG producer, needs to import up to 30

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Laksamana.Net – Divestment of the country's largest banks may not proceed as the government or the central bank plan as Bank Negara Indonesia (BNI) gears up to expand through a merger a

Jakarta – Sales of new vehicles in Indonesia jumped 41% on year in May to 39,955 from 28,272 in the same month a year ago, the Indonesian car assemblers' association Gaikindo said Monda

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The Supreme Court, as widely expected, duly overturned the Jakarta Commercial Court's bankruptcy ruling of April 23 against the Indonesian subsidiary of British insurance company Pruden

Indonesia's Supreme Court has overturned a bankruptcy ruling against the local insurance unit of British financial services giant Prudential.

Indonesia's currency has fallen to two-year low, prompting the country's central bank to announce measures to stabilise the rupiah.

Jakarta – Jakarta shares plunged on Friday amid lingering worries of the sharp depreciation in the value of the rupiah against the US dollar and rising political tension ahead of next m

Jakarta – Pertamina may have caused the further depreciation of the rupiah against the US dollar, as it reached Rp9,500 on Wednesday, an official from Bank Indonesia said.

Apriadi Gunawan, Medan – A range of cheap merchandise, allegedly smuggled from Malaysia and Singapore, can be found on sale openly at Belawan Port, some 20 kilometers from the North Sum

Jakarta – Bank Indonesia's plan to halt rupiah speculation in the banking sector should be helpful in curbing the depreciation of the embattled rupiah, analysts said, but only temporari

Jakarta – The Indonesian rupiah fell sharply against the dollar Wedneseday, extending early losses to break the 9,500 mark amid concerns over the domestic political situation, dealers s

Dadan Wijaksana, Jakarta – Aside from global concerns over a possible hike in US interest rates, the rupiah's sharp drop should also be blamed on excess liquidity in the domestic bankin

Dadan Wijaksana, Jakarta – The rupiah continued to falter on Thursday and ended at a fresh 19-month low, showing no sign of a rebound at a time when other currencies in the region start