Indra Harsaputra, Surabaya – As many as 150 out of 250 timber and sawmill companies in East Java have closed down due to the increasing number of levies being imposed by some government

Bill Guerin, Jakarta – Yet another prehensile remnant of the Suharto regime's mismanagement of Indonesia's economy – Bulog, the national foodstuffs monopoly – is about to transformed in

Jakarta – The International Monetary Fund Friday praised Indonesia's 2004 budget proposal, which aims to reduce the budget deficit to 1.2% of the gross domestic product from 1.8% this y

Gary LaMoshi, Denpasar – If you worried about the economic impact of the bombing of the JW Marriott in Jakarta on August 5, you're behind the times.

Jakarta – After completing its 10th review of Indonesia's economic reform program, the International Monetary Fund (IMF) praised the stable performance of the country's financial market

Jakarta – Investment activity in the country remains in the doldrums with the Investment Coordinating Board (BKPM) revealing a bleak picture of investment during the first seven months

Jakarta – Indonesia can still achieve its growth target for this year despite last week's deadly bombing at the JW Marriott Hotel in Jakarta, a senior International Monetary Fund (IMF)

Bryan Lee – The bomb blast in Jakarta earlier this week may have left several dead and many injured, but investor sentiment in Indonesia seems to have been largely unscathed.

Ari A. Perdana, Jakarta – The wounds have yet to heal.

Bill Guerin, Jakarta – Indonesia is bracing itself for more hardship following Tuesday's Jakarta hotel bomb attack.

There seems to be little doubt that the Marriott hotel was targeted because it is US-owned and frequented by foreigners.

Jakarta – The economic policies taken by the administration of President Megawati Soekarnoputri have failed to push for the higher economic growth needed to create more jobs, economists

Jakarta – Indonesia is on track to achieve its full year budget target, the International Monetary Fund's country representative David Nellor, said Friday.

Robert Go, Jakarta – Indonesia's new copyright laws promise a tough bite.

Reports from Indonesia say the government is set to drastically scale down its five year link with the International Monetary Fund.

Jakarta – The International Monetary Fund (IMF) on Tuesday welcomed Indonesia's decision to end its five billion dollar IMF assistance program and to enter into post-program monitoring

Tony Sitathan, Jakarta – Just as they have in the developed world, big-box hypermarkets, which are taking over the top end of the retail trade, are causing severe dislocations in the re

Jakarta – The rupiah rebounded slightly on Friday amid market talks that Bank Indonesia had sent inspectors to foreign banks that were aggressively selling the local unit.

Bill Guerin, Jakarta – The forced sale of one of the world's biggest coal mines appears set once again to damage Indonesia's reputation severely as a destination for mining investment a

Robert Go, Jakarta – Indonesia will not seek more loans from the International Monetary Fund (IMF), in a decision that should signal clearly that the country is finally out of its crisi

David J. Green – In many circles in Indonesia there is a sense of confidence that has not been present in years.

Bill Guerin, Jakarta – The closure of Indonesia's state-owned aircraft manufacturer PT Digantara Indonesia (DTI), which has laid off all of its workers in an attempt to avoid bankruptcy

Jakarta – An international ratings agency said Thursday it may upgrade Indonesia's credit ratings but warned that the country remains vulnerable to "unforeseen shocks." Moody's Investor

Jakarta – The International Monetary Fund (IMF) is to release $US486 million to Indonesia as part of its ninth review of Indonesia performance.

Tokyo – President Megawati Soekarnoputri said Tuesday the Asia Development Bank (ADB) will likely play a key role in reforming Indonesia after a major IMF programme expires at the end o

East Timor won huge goodwill as it launched into independence.

East Timor is open for business, the world's newest nation said today.

Tom Wright, Jakarta – The International Monetary Fund said it approves of Indonesia's plans to end its current IMF lending program when it runs out this year.

M. Taufiqurrahman, Jakarta – East Timor has called on Indonesians to invest in the country, saying there are a number of business opportunities open to investors.

Dadan Wijaksana, Jakarta – The government is reviewing a presidential decree on public procurements to reduce corruption, but the effort has met with stiff resistance from various sides

Wayne Arnold (New York Times) – Between separatist rebellions, corrupt courts, slumping tourism and rising youth unemployment, Indonesia has plenty to worry about.

Jakarta – Sony Electronics Indonesia Ltd has ended its Indonesian operations and is offering severance pay to its 884 workers.

Dili – The creation of jobs to invigorate East Timor's feeble economy is the Dili government's main objective, Prime Minister Mari Alkatiri said Wednesday at the opening of an internati

Robert Go, Jakarta – Major donors, who pledge billions of dollars in loans to Indonesia on a yearly basis, called on the government yesterday to start making progress on its reform prom

Dadan Wijaksana, Jakarta – Indonesia's traditional donors grouped under the Consultative Group on Indonesia (CGI) have welcomed the country's macroeconomic improvements, but warn that s

Jill Jolliffe, Dili – A Chinese-Malaysian businessman who won a case of illegal arrest against East Timorese police has been re-arrested and jailed within 24 hours of the court decision

Jill Jolliffe, Dili – A court case in which a bodyguard of East Timorese Prime Minister Mari Alkatiri is said to have kicked a Chinese-Malaysian businessman, calling him a monkey, is be

Jakarta – Rupiah on Monday reached its highest level against the dollar since August 2000, sparking concerns that the upturn could be overdone and harm the country's exports.

Bill Guerin, Jakarta – Despite predictions that Indonesian state oil and gas company Pertamina faces a bleak and uncertain future after the government lifted its decades-long oil and ga

John McBeth, Jakarta – Indonesia's 25-year reign as the world's largest liquefied-natural-gas (LNG) exporter is under threat, though it's taken a distracted government years to wake up

Bill Guerin, Jakarta – Publicly listed state-owned pharmaceutical giant Indofarma is in the public eye over its miraculous transformation of a reported Rp88.6 billion profit in the firs

Tony Sitathan, Jakarta – When a troubled commercial bank in Indonesia needed to improve its standing with the public and the business community, it turned to Landor Associates, consider

Fitri Wulandari, Jakarta – The business sector has demanded that the government continue working with the International Monetary Fund (IMF) through a post-program monitoring system, say

Tim Johnston – If the shipping lanes of South-East Asia have their dangers, doing business on land can be just as fraught.

Jakarta – Golkar Party has expressed concern over the Indonesian government's program to privatize and divest a number of state companies, as it has led to the selling of state assets,

Linda Silaen, Jakarta – The International Monetary Fund said Friday that Indonesia's economy in 2004 could grow by more than the government's forecast of between 4% and 5%.

There have been some economists who have argued that exiting the existing IMF programme while simultaneously devising a new economic strategy puts Indonesia's macro-economic stability a

Fitri Wulandari, Jakarta – The Indonesian government is almost certain not to extend its contract with the International Monetary Fund (IMF), which will terminate at the end of this yea

Tony Sitathan, Singapore – The giant Indonesian archipelago enjoys enormous potential fishery resources, as yet under-exploited by the legal fishing industry.

Dadan Wijaksana, Jakarta – The debates on whether the government should continue the existing International Monetary Fund program in the country were brought back to life again on Monda