Dion Bisara & AFP, Jakarta – A policy group has urged Indonesia to renew its efforts to reform the bureaucracy, invest heavily in infrastructure and cut greenhouse gas emissions whi

Shirley Christie, Indonesia – Indonesia saw foreign direct investment jump 32 percent to Rp 111.1 trillion ($12.4 billion), excluding oil and gas, and banking, in the first nine months

Stephen Coates, Dili – A jade elephant rears majestically in the corner as patrons tuck into their burgers and fries at one of only three US-style fast-food joints in East Timor, all of

Ririn Radiawati Kusuma & Bloomberg, Jakarta – In what analysts labeled a risky move, the government on Wednesday said it would sell about 60 percent of the nation's stock of crude o

Indonesia's monthly exports climbed to their highest value ever in August, totaling US$13.71 billion, a 9.76 percent increase from the $12.49 billion recorded in July, the Central Stati

Nicholas Jones – East Timor will lose more than revenue if a dispute with Woodside Petroleum over where gas from the Greater Sunrise field will be processed is not resolved, says an aca

Karon Snowdon – Woodside Petroleum has denied reports it is willing to consider processing gas from the Greater Sunrise field in East Timor.

Australia's Woodside Petroleum has promised East Timor it will re-examine Dili's demands for gas from the Greater Sunrise field to be processed on East Timorese soil, an official said o

Stephen Coates, Jakarta – The mix of stability, relatively calm politics and solid economic growth is seeing investors clamor to gain a foothold in Indonesia.

Stephen Coates, Jakarta – The International Monetary Fund warned on Friday that Indonesia must make fighting corruption a priority if it wants to build on its progress as one of the wor

Jakarta – The government expects foreign direct investment to pick up more than expected to Rp 126 trillion ($14 billion) in 2010, up a third since last year.

Jakarta – Mochamad Tjiptardjo, general director of taxation, said on Tuesday that the Finance Ministry was preparing to offer investment incentives in the form of a tax holiday.

Jakarta – Indonesia will maintain a conservative fiscal policy despite pressure to fast-track infrastructure projects, the Coordinating Economic Ministry says, insisting on public-priva

Nivell Rayda, Jakarta – Nongovernmental groups are urging the government to participate in the Extractive Industry Transparency Initiative, in a bid to combat corruption and minimize po

Indonesia is the worst country in Asia when it comes to protecting intellectual property rights, according to a survey of expatriate businessmen.

Jakarta – Foreign loans borrowed by Indonesia's private sector nearly doubled during the first half as companies began increasing their spending to finance expansion following a slowdow

Irvan Tisnabudi, Jakarta – A wide range of Chinese goods has flooded Indonesia since the Asean-China free-trade pact took effect on Jan.

Indra Harsaputra, Surabaya – Businesspeople in East Java say there are thousands of burdensome bylaws in place that fail to guarantee security for businesses and are partly to blame for

Dion Bisara, Singapore – Indonesia's economy grew at a better-than-expected 6.2 percent in the second quarter of 2010 from the same period a year ago, thanks to strong investment, expor

Jakarta – Investment in Indonesia, including from both foreign and domestic investors, rose 40 percent in the second quarter of 2010 from the same period a year ago, said the country's

Jakarta – Indonesia's target to achieve economic growth of 7 percent a year within the next few years will be difficult to reach if no significant improvement is made in the country's t

Winarno Zain, Jakarta – The decision by the Bank Indonesia (BI) Board of Governors to maintain its current benchmark interest rate at 6.5 percent in their last meeting was not surprisin

Latif Adam – Well-developed infrastructure has been a key factor in China's success in achieving high and sustained economic growth.

Jakarta – It is time to spend money on lifestyle and long vacations, Indonesians say, amid a positive sentiment toward the economy and a declining fear of spending, a survey says.

Stephanie Phang – Capital inflows pose a bigger risk to Indonesia than inflation, and may prompt the central bank to introduce more measures to reduce short-term money even as it delays

East Timor's President Jose Ramos Horta is using a state visit to Australia to try to calm escalating tensions over the development of the Greater Sunrise oil and gas field in the Timor

Matt Chambers – When East Timor President Jose Ramos Horta fronts the National Press Club in Canberra today, the Greater Sunrise gas partners – led by Woodside Petroleum – are hoping fo

Linda Mottram, Canberra

Ray Brindal and Rachel Pannett, Canberra – East Timor President Jose Ramos-Horta said Wednesday a decision on a site for a plant to process gas from the Greater Sunrise field will be ma

Hong Kong.

Vincent Lingga, Jakarta – The International Monetary Fund (IMF) charted out Thursday a rosy outlook for Indonesia's economy for the rest of this year with an estimated growth of 6 perce

Neil Chatterjee & Gde Anugrah Arka – The International Monetary Fund on Thursday forecast Indonesia's economic growth will accelerate this year amid improving investment and said th

Aditya Suharmoko, Jakarta – Indonesia has issued a new presidential regulation that increases foreign ownership limits for certain local businesses and properties.

East Timor's government is emphatic it would rather leave the Greater Sunrise gas deposits under the Timor Sea than drop its demand the gas be piped to East Timor for processing.

Agus Maryono, Cilacap – More than 90 percent of the country's 15.5 million fishermen are living below the poverty line due to an underdeveloped local fishing industry, an official from

Lindsay Murdoch, Darwin – East Timor has accused Woodside of "grandstanding" over its plans to build a floating liquefied natural gas platform above the Timor Sea's Greater Sunrise fiel

Jon Gorvett – Hopes for a change in Indonesia's restrictive rules on foreign ownership of property were dashed when a major conference of real estate agents on Bali ended last week with

Irvan Tisnabudi – Tax reform and infrastructure development are among the keys to achieving the economic growth target in 2011, Finance Minister Agus Martowardojo told lawmakers on Wedn

Dili – East Timor on Tuesday accused Australian company Woodside Petroleum of trampling its sovereign rights as it again rejected plans to process Timor Sea gas on a floating platform.

Canberra – East Timor Prime Minister Xanana Gusmao is prepared to block the multi-billion dollar Timor Sea development of the Greater Sunrise gas field by Australia's Woodside Petroleum

Lindsay Murdoch – The Prime Minister of East Timor, Xanana Gusmao, has vowed to make a historic stand against corporate giants that plunder the resources of tiny nations, signalling his

East Timor's prime minister said an Australian consortium is trying to steal his country's natural resources from a gas field it's developing in the Timor Sea.

James Paton – East Timor's petroleum regulator has refused to accept Woodside Petroleum Ltd.'s plan to develop the Sunrise gas project, insisting on more detailed analysis of alternativ

Perth – Australia's Woodside Petroleum has not successfully lodged a proposal to East Timor's government to develop the Sunrise gas project using a floating liquefaction plant, the tiny

Arti Ekawati – Red tape, conflicting regulations and legal uncertainties keep US companies from investing in clean-energy projects in Indonesia that could help reduce carbon emissions a

James Paton – Woodside Petroleum Ltd.

Lindsay Murdoch – The East Timorese government has complained to the ASX about Woodside's announcement that it plans to build a floating liquefied natural gas platform above the multibi

Indonesia said Monday that gross domestic product grew 5.7 percent year on year in the first quarter of 2010 due to strong domestic demand and low inflation.

Dili – Partners in the Sunrise gas field joint venture met East Timorese President Jose Ramos-Horta on Thursday after the government angrily rejected plans to process Timor Sea gas on a

Lindsay Murdoch – The regulator of East Timor's petroleum industry has accused Woodside of failing to comply with its legal obligations before announcing plans to build a floating lique