Clare Black, Oslo – East Timor, a brand new nation barely one month old, hopes that the rebirth of its legendary gourmet coffee will bring some much-needed income to its people who are

Jakarta – Indonesia told international creditors yesterday that its efforts to turn around the sickly economy were bearing fruit, and the creditors largely agreed.

Jakarta – President Megawati Soekarnoputri told a United Nations summit on food and agriculture that the burden of foreign debt on poor nations restricted access to food and undermined

[Australians keen to help in the reconstruction of East Timor are being asked to make a financial commitment.

Canberra – The federal government was examining introducing duty-free status for all goods of East Timor origin, Foreign Minister Alexander Downer said today.

Indonesian President Megawati Sukarnoputri has agreed to increase import tariffs on all food and agricultural commodities in the near-term, a report said.

Jill Jolliffe, Dili – A Portuguese company is poised to win a $US16 million contract to set up East Timor's new telecommunications network, further consolidating Portugal's commercial i

Yuli Tri Suwarni, Bandung – Thousands of poultry farmers declined to pay a special poultry tax to the West Java provincial administration because of their losses in the fierce competiti

Dean Yates, Dili – About the only thing pro-Jakarta militias didn't destroy in their rampage after East Timor voted in 1999 to break free was something they couldn't touch – the territo

Dadan Wijaksana, Jakarta – The economy grew by 2.47 percent in the first three months of 2002 compared to the same period last year, fueled mainly by strong consumer spending, the Centr

Robert Go, Jakarta – Increasing rice shortages could force many Indonesians into having to give up their favourite dish of nasi goreng by the end of the decade.

Rod McGuirk – East Timor has a good chance of becoming financially independent in a few years through Timor Sea energy royalties, the World Bank told donor nations yesterday.

Jakarta – The International Monetary Fund (IMF) gave a positive report on the Indonesian economy on Monday, saying that macro economic indicators in the first few months of the year wer

Devi Asmarani, Jakarta – Several regional TV stations that have sprouted across Indonesia during the past year are now on the verge of collapse due to low ratings, inability to attract

Devi Asmarani, Jakarta – The Indonesian government has ordered several provinces to revoke "problematic" laws and regulations in a bid to reign in regions which are exercising too much

Dean Yates, Jakarta – In the past two months foreign investors have snapped up a bond by Indonesia's top mobile phone firm, a US investment fund paid good money for the country's bigges

Jakarta – Indonesia is planning new incentives to raise foreign direct investment after a slump last year, an official said Thursday.

R.K.

Jakarta – Indonesia's currency and stock market were higher in early trading Monday after the Paris Club's agreement to reschedule 5.4 billion dollars in government debt.

Paris – Indonesia's foreign government creditors on Friday said they had agreed to re-schedule a portion of the country's external debt service obligations.

Robert Go, Jakarta – A lack of investment in Indonesia's power sector has forced the government to schedule regular blackouts in more than 30 regions across the country.

Jakarta – Indonesia's economic growth in the next few years will be too low to lift millions of its people out of poverty, the Asian Development Bank (ADB) said Tuesday.

Jennifer Chen, Singapore – Ratings agency Standard & Poor's said on Tuesday Indonesia's long-term sovereign ratings are still at risk of a downgrade to "selective default" despite r

Jakarta – Indonesia continues to fall further behind China and Thailand in the competition for Japanese investment, and it could be overtaken by Vietnam and India if it does not take im

Devi Asmarani, Jakarta – Indonesia's longest-running television station, the state-owned Televisi Republik Indonesia (TVRI), may go off air if it fails to pay the millions of dollars it

Berni K.

Jakarta – Indonesia's economy will grow by up to 3.8 percent this year and inflation will be fall to 9.5 percent under an optimistic scenario, Central Bureau of Statistics head Sudarti

Jakarta – The rupiah broke through on Tuesday the Rp 10,000 level against the U.S.

Robert Go, Jakarta – From his small electronics kiosk in Jakarta's Glodok market, Mr Gunawan sells imported 21-inch Sony televisions for 4.1 million rupiah (S$780) each, but a similar s

Jakarta – Indonesia announced a rise in January exports Friday in what one analyst called a good sign for the country's economy.

Jakarta – Indonesia's inflation rate in February rose 1.5 percent from January and 15.13 percent from a year earlier, it was announced Friday.

Robert Go, Jakarta – Indonesia's grand scheme to rev up its economy by revitalising four key industries has been branded unrealistic by businessmen and analysts.

Devi Asmarani, Jakarta – Islamic organisations are making their mark on Indonesia's economy with growing operations in the retail, manufacturing and banking sectors.

Jakarta – The Indonesian government has decided to delay the privatisation of mining concerns PT Tambang Timah and PT Aneka Tambang due to weak commodity prices, State Enterprises Minis

Jakarta – The Indonesian government – which is starved of funds to help the country's poor – will increase pressure on former bank owners to repay billions of dollars in state loans, th

Devi Asmarani, Jakarta – More Indonesian banks are converting themselves into Syariah banks as people become "more Islamic" and their trust in the conventional banking system erodes.

Jakarta – Indonesia's unhusked rice production is forecast to reach 48.65 million tonnes this year, 1.9 percent less than 2001, an Indonesian Central Bureau of Statistics (BPS) official

Jakarta – Indonesia announced Monday its economy grew by 3.32 percent last year, lower than the government's forecast of 3.5 percent but higher than many of its neighbours.

Robert Go, Jakarta – Some recent developments suggest that Indonesia's economy is moving on the right track, but observers also warned that there is no light at the end of the tunnel ye

Jakarta – The International Monetary Fund (IMF) called Wednesday for a "clear strategy" from the Indonesian government to recover loans worth billions of dollars which were extended to

Jakarta – The Indonesian government's foreign debt totalled 71.4 billion dollars at the end of last year, top economics minister Dorodjatun Kuntjoro-Jakti said Monday.

Jakarta – Moody's Investors Service said Thursday that Indonesia's B3 country rating and stable outlook reflected the continued fragility of its access to foreign loans.

Berni K.

Jakarta – Indonesian exports fell 9.8 percent in 2001, the biggest percentage slump in 12 years, the Central Bureau of Statistics said Friday.

Robert Go, Jakarta – President Megawati Sukarnoputri's economic team shows signs of wear and tear after six months in office, as Cabinet members slug it out over a controversial debt-ex

Dadan Wijaksana, Jakarta – Total exports fell by 9.8 percent to US$56.03 billion last year, the biggest percentage decline in 12 years, the Central Bureau of Statistics (BPS) said on Fr

Jakarta – Inflation in Indonesia rose 1.99 percent in January and surged 14.42 percent year-on-year, the Central Bureau of Statistics said Friday.

Jakarta – Flooded areas in Jakarta, Tangerang and Bekasi have paralyzed economic and office activities since the last three days in the capital.

Ahmad Junaidi, Jakarta – Owing to the rising costs of fuel and spare parts, the city administration has said that it will soon increase city bus fares by between 10 and 20 percent.

Damar Harsanto, Jakarta – State-run oil and gas company Pertamina revealed on Friday how it misled the public about the price of kerosene.