Jakarta – Indonesia recorded year-on-year growth of 3.47 percent in the third quarter and full-year growth is likely to at least match this, the Central Bureau of Statistics said Thursd

Devi Asmarani, Jakarta – Two new television stations have hit the Indonesian airwaves in the last fortnight, and another two will start broadcasting before the end of the year.

Jakarta – A coalition of Indonesian non-governmental organizations (NGOs) on Thursday called on the country's main donors meeting here to determine their new aid pledge, to allow the go

Joanne Collins and Soraya Permatasari, Jakarta – International donors threw crisis-hit Indonesia a generous lifeline of $3.73 billion in aid on Thursday after one senior official bemoan

Jakarta – Jakarta will maintain the status quo on a local government's unilateral takeover of a major cement firm's affiliate, Home Minister Hari Sabarno said Thursday.

The rupiah plunged to near 11,000 per US dollar late on Monday, the lowest level during President Megawati Soekarnoputri's three-month-old administration.

Ahmad Junaidi, Jakarta – City officials complained on Monday over the interference of city councillors in their drafting of next year's city budget and alleged that they might be tempte

Dean Yates, Jakarta – The World Bank said on Monday it expected Indonesia to "muddle through" its economic woes, adding the most urgent tasks were to ensure fiscal sustainability and im

Jakarta – The World Bank on Monday urged Indonesia to immediately defy provincial government attempts to take-over affiliates of state-owned cement producer Semen Gresik, warning the mo

Robert Go, Jakarta – Running low on rice and other staple goods, Indonesia is mulling over a barter programme with other Asean countries to trade for those commodities using locally pro

Jakarta – Indonesia's cash-strapped state television station is to start carrying advertising for the first time since it was set up almost 40 years ago, a report said Wednesday.

Jakarta – Indonesia's state-owned electricity company, PT Perusahaan Listrik Negara (PLN), is seeking foreign loans to avert a likely power shortage in the main islands of Java and Bali

Jakarta – The House of Representatives finally approved on Tuesday a long-awaited new oil and gas law, which will end the decades-old lucrative monopoly of state oil and gas firm Pertam

Robert Go, Jakarta – Potholed roads, crumbling hospitals, torn school books – that is the bleak picture in store for Indonesia if the government fails to sell immediately some of its as

Shoeb Kagda, Jakarta – As emerging market assets lose their shine in the current global environment, Indonesia faces an uphill task in implementing its privatisation programme, but not

Dadan Wijaksana, Jakarta – The House of Representatives budget committee approved on Monday a government proposal to increase fuel prices by an average 30 percent starting January next

Jakarta – Over 1.3 million visitors have cancelled trips to Indonesia because of heightened anti-American sentiment since the United States launched air strikes against Afghanistan – re

Jakarta – Indonesia stands to lose three million jobs if it decides to sever diplomatic ties with the United States, Minister of Manpower and Transmigration Jacob Nuwa Wea said.

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Robert Go, Jakarta – Trader Dani Hermawan wants to open shop in Jakarta but cannot find space in a decent location. "Kiosks in malls are tough to get into,' he said.

Jakarta – Indonesia has asked the Asian Development Bank (ADB) to ease conditions required for the release of an up to $600 million loan, an official said on Monday.

Robert Go, Batam – After migrating from Medan in July, it took Mr Gunawan Nasution more than two months before finding a job in Batam.

Jennifer Chen, Singapore – The Indonesian rupiah fell past 10,000 to the dollar for the first time since July 31 on Tuesday, trampled in a corporate rush to buy dollars.

Jakarta – Indonesia's plans to win back foreign investment for its troubled economy could falter as the United States and other governments fear for the safety of their diplomats and ci

Jakarta – President Megawati Soekarnoputri said on Thursday that the government was committed to continuing its deregulatory measures in the economic sector.

Devi Asmarani, Jakarta – Indonesia's longest-running television station is struggling to stay on the air with depleting financial resources, and there are calls to commercialise the sta

Jalil Hamid, Jakarta – Indonesia's struggling stocks are bracing for rougher times because of a growing anti-US mood in the country, the world's most populous Muslim nation.

Gde Anugrah Arka, Jakarta – Indonesia is set to introduce a new excise tax scheme which could significantly alter the make up of the lucrative cigarette industry and affect two of the b

Jakarta – The International Monetary Fund (IMF) yesterday described Parliament's approval of the sale of a 51 per cent government stake in Indonesia's largest private retail bank as an

Robert Go, Jakarta – The hard-fought battle over the proposed sale of Indonesia's largest retail bank appears indicative of the concessions the Megawati Sukarnoputri government will hav

Susan Long, Jakarta - You know surrealism is a way of life here when your mobile phone begins trilling as you peer into the smoky cauldron of the active volcano Bromo in East Java.

Marianne Kearney, Jakarta – Each week, as a Toyota landcruiser roams the streets of Jakarta consuming half a tank or 50 litres of petrol, the Indonesian government is subsiding its rela

Train crashes, crumbling schools, power blackouts and children begging on crowded intersections – these are legacies of Indonesia's budget crunch in recent years.

Joanne Collins, Jakarta – Indonesia's new government handed down its 2002 budget on Friday, walking a tightrope between fiscal prudence and stimulating growth in a bid to keep the debt-

Jakarta – An avalanche of red tape caused by Indonesia's attempts to devolve power to the local authorities has left business leaders fuming.

Robert Go, Jakarta – Indonesia is already hard-pressed to meet asset-sale targets of over 33.5 trillion rupiah (S$6.7 billion) this year, but President Megawati Sukarnoputri's Budget pr

Joanne Collins, Jakarta – Indonesia will unveil on Friday a draft budget constrained by a mountain of debt that has left President Megawati Sukarnoputri's government with barren coffers

Jakarta – Indonesia's chief economics minister said on Thursday the haggard economy would be hard pressed to grow more than five percent next year, signalling more hardship ahead for mi

At the Toko Lay hardware store in central Dili, Charles Tan was checking a newly arrived generator to sell to the burgeoning construction industry.

Vamasae – In one of the thousands of charred and gutted buildings that still scar East Timor's landscape, 200 villagers squat before the man who won a Nobel peace prize crusading for th

Jakarta – Drastic restructuring measures introduced by the new leadership of the Indonesian Bank Restructuring Agency (IBRA) to improve the agency's efficiency has left the agency mired

Jakarta – Following are the key points of Indonesia's agreement with the International Monetary Fund Monday.

Jakarta – Indonesia's crude oil output is expected to fall by an average 100,000 barrels per day (bpd) next year due to security disruptions in its fields, a senior mines and energy min

Tom Wright, Jakarta – Indonesia's independent debt restructuring review body issued a report late Thursday criticizing key deals which it said favored debtors over the government.

Jakarta – The International Monetary Fund (IMF) on Monday drew a "clear commitment" from the Indonesian government to accelerate its economic reform programs.

The International Monetary Fund was fiercely criticised for its failure to salvage the Indonesian economy in 1997-98. Much of the criticism was justified.

Michael Schuman – A deteriorating Indonesian economy could constrain new President Megawati Sukarnoputri's efforts to pursue much-needed reforms.

Robert Go, Jakarta – Indonesia will sell assets cheaply, if necessary, to meet state-budget targets and to conform to the prescriptions of the International Monetary Fund (IMF), said th

Robert Go, Jakarta – Market players do not expect miracles, but they see the quick signing of Jakarta's next agreement with the International Monetary Fund as a major test of President

Robert Go, Jakarta – By drafting respected technocrats and businessmen into her economic dream team, President Megawati Sukarnoputri made clear her intentions of reclaiming the internat