Jakarta – Indonesian authorities are to start building a US$2.4 billion (S$3.4 billion) triple-deck road and railway project in July to overcome Jakarta's transport problems, a report s

Elko – Barrick Gold Corporation, the gold mine company from Canada, affirmed not to change the offer of 10 percent of shares in the Busang gold mine for the Indonesian government, altho

Jakarta – PT Freeport Indonesia is the biggest corporate taxpayer while conglomerate Soedono Salim pays the most taxes as an individual, an official says here.

As Jakarta opens the doors wider for foreign investment in mining, Canadian mining promoters are getting excited about the prospects for striking gold.

When Bre-X Gold, a small Canadian exploration company discovered a huge gold deposit at Busang in East Kalimantan last year, big companies and powerful business players lined up to grab

Michael Richardson, Jakarta – When Bre-X Minerals Ltd., a small Canadian mining company, found itself entangled in a jungle of conflicting ownership claims to one of the world's richest

Jay Solomon, Jakarta – With as many as four state-owned companies priming to hit the Jakarta Stock Exchange in 1997, it looks likely to be a banner year for the Indonesian privatization

Jakarta – Observers and farmers evaluated government's policy to increase the price of fertilizers at the same time with the price increase of unhulled rice (gabah) and rice as somethin

Michael Richardson, Jakarta – Strong economic growth forecast for Indonesia in 1997 along with a projected increase in exports and lower inflation are likely to push stocks significantl

Greg Earl, Jakarta – Indonesia is facing a major credibility challenge to its economic assistance package with President Soeharto's son yesterday launching a legal challenge to the clos

In our last issue we described how Indonesia, and especially Kalimantan's gold belt has become a honeypot for Canadian companies.