Jakarta – The government must work hard to provide legal certainty – particularly in the area of tax regulations – if it wants investment in the country's oil and gas sector, which has

Jakarta – The rupiah's recent slide was attributed in part to declining market confidence in the prospects for the economy, with persistent conflicting signals from the government exace

After years of slumping, foreign direct investment in Indonesia has started to gain ground amid an improved confidence in doing business in the country.

Bill Guerin, Jakarta – A week after investors were promised a better deal, including lower taxes, surging world oil prices are dealing Indonesia's economy a double whammy, battering the

Dadan Wijaksana, Jakarta – While at first it was attributed mainly to a run-of-the-mill supply and demand imbalance, the rupiah's continued slump has now been blamed on another factor t

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The financial market has reason to be uneasy about the 2006 state budget proposal President Susilo Bambang Yudhoyono unveiled to the House of Representatives on Tuesday.

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Michelle Janowitz – With many companies engaged in an endless quest to secure successful low-cost solutions for running their business, outsourcing has inevitably developed into one of

Jakarta – Indonesia may need three to four years to become a net oil exporter again, with new oil refinery projects expected to shore up domestic fuel supplies, said Finance Minister Ju

Ng Boon Yian, Singapore – Years after being battered by the financial crisis, the Indonesian banking sector seems to have picked itself up again, luring more foreign investors to take u

Jakarta – Fuel imports undertaken by state oil and gas company PT Pertamina have exceeded annual consumption by more than 50 percent, an official said on Thursday.

Asia News Network, Jakarta – Indonesia's economy is once again at a crossroads as it enters the second half of the year.

Jakarta – More prudent budgeting and the removal of fuel subsidies are important challenges ahead for the government, if it wants to consolidate the progress Indonesia has made in recen

Washington – The International Monetary Fund said Wednesday it welcomed the continuing improvement in Indonesia's economy in recent years.

Karima Anjani, Jakarta – The world's largest gold miner goes on trial in Indonesia next week in a dispute over pollution that has left the government torn between environmentalists and

Washington – East Timor's future development depends on "effective administration of its new petroleum wealth" and the attraction of investment into the non-oil sector of the new nation

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Riyadi Suparno, Jakarta – The rupiah's plunge over the past few weeks may not have spoiled last weekend's wedding party for President Susilo Bambang Yudhoyono's son, but it could eventu

Vincent Lingga, Jakarta – Although the government claims otherwise, Indonesia remains the least attractive among East Asian countries for foreign direct investment (FDI).

Kupang/Yogya/Batam/Samarinda/Jambi/Manado – The price of premium gasoline soared by up to 500 percent in some provinces on Wednesday as the country's fuel shortage bit deeper, with the

Jakarta – A surge in demand for industrial products and high global metal prices caused exports in the first five months of the year to jump 30.79 percent from the same period last year

The central government has ordered local administrations to protect the interests of foreign investors by extending a helping hand to settle disputes, including those related to propert

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Jakarta – The government will "right-size" or find the most appropriate form for 145 state-owned companies to optimize their profitability and operational cost efficiency, State Enterpr

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Washington – Poverty-struck East Timor has made "commendable progress" since wrenching its independence from Indonesia but needs to do much more to manage its new-found energy wealth, t

ID Nugroho, Surabaya – Drops of water trickle down from the shoulder-length hair of Sekar (not her real name), as she enters one of the fast food eateries in Central Surabaya on Tuesday

Bloomberg – East Timor's President Xanana Gusmao said his country shouldn't rush to settle a dispute with Australia over offshore oil and gas fields before the three-year-old nation can

Jakarta – The Indonesian government and the budget committee of the nation's Parliament Monday agreed on a set of new assumptions that will be used to base the current state budget.

East Timor will soon start opening up its untapped oil and gas reserves to investors, the Timorese government says.

Bill Guerin, Jakarta – Indonesia, the fourth-most populous country in the world, has been a net oil importer since 2004.

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Jakarta – The government campaign for the use of unleaded gasoline nationwide is facing a major obstacle as state oil and gas company Pertamina says the program targets are currently be

Bill Guerin, Jakarta – A former aide to Indonesia's pro-business President Susilo Bambang Yudhyono took over the reins of Indonesia's powerful Investment Coordination Board (BKPM) last

Jakarta – A persistently high unemployment rate and the problem of chronic graft in the bureaucracy leading to a high cost economy are overshadowing the current administration's success

Riyadi Suparno, Jakarta – After more than a week of assessment, the International Monetary Fund has praised Indonesia's overall economic performance and the policy directions pursued by

Jakarta – The government must continue strengthening Indonesia's economic fundamentals if it wants to sustain average economic growth of 5 percent per year, the International Monetary F

Bill Guerin, Jakarta – An incident of bullying, threats and violence on a basketball court at Jakarta's top school for expatriate children has brought Southeast Asia's biggest economy f

Rachmat Gobel, Jakarta – In recent years, there has been an exodus of international companies from Indonesia. Kyocera is just one of the most recent examples.

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Urip Hudiono, Jakarta – Monthly inflation began to ease in April from its sharp rise in March, but still leaves year-on-year inflation unchanged above the 8 percent level, official figu

Bill Guerinl, Jakarta – Indonesia is one of the most resource-rich countries in the world, with coal, gold, bauxite, nickel, copper, silver, tin and iron ores being its main mineral dep

Jakarta – After eight years in the garment industry, Supena is savvy enough to know that one must keep abreast of the latest trends to stay in business.

Leony Aurora, Jakarta – The legal battle over a ruling by the Business Competition Supervisory Commission (KPPU) on the sale of two tankers by Pertamina looks set to return to square on

Riyadi Suparno, Tanjung Benoa (Bali) – Australian and Indonesian businesspeople are of the view that investment opportunities in Indonesia are abundant – especially in the infrastructur

Vincent Lingga, Jakarta – Is the government so strapped for cash that it failed to pay Pertamina Rp 23 trillion (US$2.42 billion) in fuel subsidies for the first quarter?

Jakarta – When Amisah, 47, and her husband opened their business at Senen Market in Central Jakarta in 1976, their income steadily increased until it reached as high as Rp 75,000 (US$8.

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