Titania Veda – Seen from Jakarta's glass-walled towers, the government's reform drive is bearing fruit, with rising economic growth and foreign investment promising an even brighter fut

Jakarta – Indonesia's shoe exports could reach US$3 billion per year in the next three years thanks to the recent relocation of several branded footwear factories from other Asian locat

The Federal Government has told East Timor it cannot invite another company to develop the Greater Sunrise gas fields in the Timor Sea.

Indonesia's consumer confidence was little changed in April, a survey by the Danareksa Research Institute (DRI) showed, with those polled saying the economy was improving but that risin

Irvan Tisnabudi & Ardian Wibisono – Indonesia posted a 41 percent rise in foreign direct investment in the first quarter of 2010 over the same period a year ago, but domestic invest

Xavier La Canna – Woodside Petroleum Ltd will send a high-level team including chief executive Don Voelte to East Timor, after the tiny nation threatened to sink plans for a multi-billi

Yessar Rosendar – Faced with declining national oil production and fierce opposition, the government has ditched a controversial proposal to limit the expenses that oil companies can su

Endy M.

Fidelis E.

James Paton – Woodside Petroleum Ltd., Australia's second-largest oil and gas producer, continues to face opposition from East Timor's government to proposals for developing the Sunrise

East Timorese Prime Minister Xanana Gusmao pledged Wednesday to increase government investment of the tiny country's oil wealth to boost economic growth and living standards.

Sara Everingham – East Timorese president Jose Ramos-Horta says it is time to break the impasse between Australia and his country over the development of the Greater Sunrise gas field.

Indonesia stocks approached a record high on Thursday after inflation data stoked expectations the central bank will keep its interest rate at a record-low next week, while Thai stocks

Katrina Nicholas – Indonesia will allow foreigners to buy property in the country and own bigger stakes in health-care companies as it completes a review of investment rules, the countr

Dili – The tiny, impoverished nation of East Timor is on the cusp of an economic explosion that will eclipse even China in terms of growth, a top UN economist said on Tuesday.

Jakarta – The Investment Coordinating Board (BKPM) admitted Thursday that it was difficult to lure investors from the US and European countries to invest in Indonesia.

Irvan Tisnabudi – Indonesia is likely to see higher prices for alcoholic beverages and more black market trading as a result of the government's decision to effectively replace the luxu

Mustaqim Adamrah, Jakarta – The United States has once again put Indonesia into its Priority Watch List of countries with rampant copyright infringement, despite claims by the governmen

Officials, analysts and economists who have held fast and predicted that Indonesia's economy is destined for great things in 2010 were rewarded with a slew of good news on Wednesday, in

East Timor's president Jose Ramos-Horta says his country is serious about making sure its interests are not ignored in the development of the Greater Sunrise Gas field.

Aditya Suharmoko, Jakarta – Total subsidies will be raised by 26.3 percent to Rp 199.34 trillion (US$21.73 billion) in the revised 2010 state budget to protect households, the main driv

Aditya Suharmoko, Jakarta – Indonesia's exports in January slowed 13 percent from December, despite booking a year-on-year increase of 59 percent due to a low base in January last year,

Aloysius Unditu and Novrida Manurung – Indonesia's inflation accelerated to the fastest pace in nine months amid rising commodity and food prices, putting pressure on the central bank t

Nani Afrida, Jakarta – The Energy and Mineral Resources Ministry fears implementation of a new environmental law may lead to problems that could seriously hit production and investment

Jakarta – A proposal by Indonesia to limit foreign investors' participation in certain share issues could scare off overseas investment, some analysts and fund managers said.

Erwida Maulia, Jakarta – President Susilo Bambang Yudhoyono has launched the National Savings Movement, introducing savings accounts without administration fees to encourage more Indone

Jakarta – Indonesia will issue a government decree aimed at clarifying what oil and gas contractors can claim under a scheme to reimburse their operational costs, including exploration

Aditya Suharmoko, Jakarta – The government remains optimistic economic growth will accelerate to 5.5 percent this year but warns of downside risks caused by domestic and external factor

Sunanda Creagh, Jakarta – The East Timor government said on Thursday that it still has not awarded a contract to any company to develop a pipeline or LNG facility from its lucrative Gre

Aditya Suharmoko, Jakarta – Indonesia's exports were down nearly 15 percent last year as the global economic crisis cast a shadow over the country's major export earners, dampening dema

Irvan Tisnabudi & Ardian Wibisono – Indonesian exports hit an all-time monthly high of $13.3 billion in December as commodity prices rose in line with the global economic recovery,

Aditya Suharmoko, Jakarta – Inflation in January accelerated to a seven-month high with rising commodity and food prices, without provoking worry that the central bank should raise its

Nani Alfrida, Jakarta – Indonesia's economy has returned back on track following a period of lower growth last year due to the global economic crisis.

Malaysia's national oil company Petronas said Tuesday it has been invited by East Timor's government to help develop a disputed oil and gas field worth billions of dollars.

Iwan Suci Jatmiko, Contributor, Jakarta – It was with good reason that the Indonesian Ulema Council and the government established PT Bank Muamalat Indonesia on Nov. 1, 1991.

Aditya Suharmoko, Jakarta – Ousting Finance Minister Sri Mulyani Indrawati Cabinet after the Bank Century bailout, as some speculation suggests may happen, could hit the economy, as int

Canberra – Woodside Petroleum Ltd.

Ben Butler – East Timor could leave the Sunrise gas and oil field in the Timor Sea undeveloped if Australian company Woodside refuses to build a pipeline to Timor's south coast.

Janeman Latul – The government will scrap import duties on equipment needed to build power plants to encourage independent companies to build plants in the second phase of its "fast-tra

Mustaqim Adamrah, Jakarta – The business community sees a fairly bright economic picture this year, revising upwards its growth projection for a number of key industrial sectors, in par

Rebecca Le May – A stalemate between East Timor's Government and a Woodside Petroleum-led joint venture to develop the $6.6 billion Sunrise LNG and oil project is likely to drag on.

Anthony Deutsch, Jakarta – East Timor's government said Wednesday it will block proposals by an Australian-led consortium to develop a disputed oil and gas field worth billions of dolla

Indonesia has asked to re-write a new regional trade pact with China, citing fears of job losses due to a flood of cheap Chinese imports across various sectors, officials said Wednesday

Jakarta – Indonesia's consumer confidence weakened slightly in December partly due to higher food prices in Southeast Asia's biggest economy, a central bank survey showed.

Jakarta – The country's 2009 inflation rate touched 2.78 percent, the lowest full year level (December-to-December) in a decade, the Central Statistics Agency (BPS) announced Monday.

Alfian, Jakarta – Pressured by falling oil production and failure to attract enough investors to develop new oil and gas blocks, the government says it will abandon the recently adopted

Indonesia's inflation held near a nine-year low in December, providing the central bank room to delay raising interest rates.

Jakarta – Unfair procurement tenders topped the list of cases reported to the anti-monopoly watchdog throughout 2009.

Muhamad Al Azhari, Irvan Tisnabudi & Dion Bisara – Despite the turbulence in financial markets decimating global commerce and nearly toppling trade-driven economies in February, the

Aditya Suharmoko, Jakarta – While the financial health of Indonesia's overall banking sector remains fairly sturdy despite massive shocks from the global banking crisis, one key indicat