Robert Go, Jakarta – The Indonesian government appears keen to show that there is little "legal certainty" for foreign investors in the country, even after warnings from international d

I Made Sentana, Jakarta – Indonesia's state-owned Pertamina (P.PTM) oil and gas company has raised fuel prices for industrial users to between 50% and 100% of international market price

Jakarta – The government decided on Monday to raise fuel prices for industries by 50 percent up to 100 percent on April 1 but keep kerosene and fuel prices at gas stations unchanged unt

Jakarta – Minister of Industry and Trade Luhut Pandjaitan denied on Wednesday reports claiming that some export-oriented companies had fled Indonesia in fear of rampant labor disputes.

Jakarta – The government plans to scrap the 10% import taxes on logs and raise export taxes on the commodity in a bid to liberalize the forestry industry, economics czar Rizal Ramli sai

Devi Asmarani, Jakarta – As wary residents brace themselves for more surprise attacks after the bombing of the Jakarta Stock Exchange building, businesses offering security-related prod

Soraya Permatasari, Jakarta – An Indonesian commission said there were signs that some listed firms, including noodle giant Indofood and some cement companies, might be in violation of

Jakarta – At least 87 pharmaceutical factories in Indonesia have stopped operation since the crisis began to jolt the country in the second half of 1997.

Jakarta – Ten state-owned companies have been put on a primary list for privatization this year, according to an updated master plan to be issued by the Office of the State Minister of

Bandung – Continuing worker protests may prompt at least 20 foreign manufacturing companies to relocate outside Indonesia, the Indonesian Business Council says.

Jakarta – State companies remain highly vulnerable to exploitation as cash cows for political groups like they were under previous political administrations, informed sources said on Mo

Jakarta – Finance minister Bambang Sudibyo said on Monday that 120 state-owned companies suffered combined financial losses of Rp 47.65 trillion (US$6.39 billion) last year.

Shoeb Kagda, Jakarta – Whichever way one looks at the issue, Indonesia's new leadership is in no-man's land when trying to deal with the massive energy and gas contracts endorsed by the

Soraya Permatasari, Jakarta – Indonesia's textile industry, once a significant national breadwinner, has withered into a shadow of its former self under the strains of the country's dee

Jakarta – After years of living contentedly, many import-dependent businesses in Indonesia worry that changes in customs procedures could bring back the bad old days at the country's po

Indonesia's President Suharto and the Singapore Prime Minister, Goh Chok Tong, will jointly launch a giant marine and industrial complex on the Indonesian island of Karimun later today

Jakarta – Recent religious and ethnic riots in Indonesia, political uncertainty and the country's questionable economic regulations will not have a great impact on US business interests

Michael Richardson, Jakarta – A group of Indonesia's wealthiest companies has agreed to intensify a program to help smaller businesses in what analysts said Sunday was an attempt to def

Lisbon – The Indonesian group that has bought Italian car maker Lamborghini was said to be a partner in the construction of a cement factory in East Timor.