Jakarta – Two oil and gas firms plan to make new investments next year in what seems to be a positive development in the country's oil and gas sector, which has seen output declining du

Jephraim P Gundzik – Compared with other countries in Southeast Asia, economic performance has been disappointingly modest in Indonesia since the 1997 regional financial crisis.

Jakarta – In an attempt to boost investment, the government plans to revive business and investment activities in some conflict-torn areas in the country, such as Central Sulawesi's tow

Bill Guerin, Jakarta – While the Indonesian economy is expected to expand by 4.8% this year, the new government has targeted annual growth at an average 6.6% during the next five years.

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Leony Aurora , Jakarta – In a bid to keep standards for customs and practices in issuing and using letters of credit (L/Cs) up-to-date with current developments, the International Chamb

Jakarta – Indonesia should sort out its legal system and aim to reduce fuel subsidies to free up spending for other areas, but it has been doing well in fiscal policy and financial-sect

Urip Hudiono, Jakarta – The Jakarta Stock Exchange (JSX) rose to a record high on Tuesday as investors scrambled to buy telecommunications, banking and cigarette blue chips following st

Leony Aurora, Jakarta – With the new government holding marathon meetings to resolve the problem of ballooning fuel subsidy spending, an economist has presented a scenario in which a 10

Jakarta – Prices rose at a slower rate in October mainly because of an abundant supply of rice that helped ease inflationary pressures caused by the soaring oil price and weaker rupiah.

Tony Hotland, Jakarta – The country's commercial banks have booked strong third quarter profits, thanks mainly to low cost of funds that allowed them to enjoy fat net interest margins.

Antonia Staats – US-based gold mining enterprise Newmont, the world's biggest gold mining corporation, has been operating its Minahasa Raya mine in Northern Sulawesi, Indonesia, since 1

Jakarta – While details remain sketchy, the newly unveiled 100-day national economic program has apparently met the expectations many people have, by showing that the government literal

Tony Hotland and Zakki P.

Gary LaMoshi, Denpasar – Newly inaugurated Indonesian President Susilo Bambang Yudhoyono, also known as SBY, is borrowing a page from another president known by his three initials: Amer

Zakki P.

The financial markets were not overly enthusiastic about the economic lineup in President Susilo Bambang Yudhoyono's United Indonesia Cabinet.

Dadan Wijaksana, Jakarta – Mr.

Jakarta – Bargain hunting by mostly local investors meant shares on the Jakarta stock market rebounded on Friday after posting losses for consecutive days following investor reservation

On the sidelines of his visit here to attend the inauguration of President Susilo Bambang Yudhoyono and Vice President Jusuf Kalla, East Timorese Prime Minister Mari Alkatiri talked on

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Jakarta – Indonesia's new chief economics minister, Aburizal Bakrie, said his office is pro-business and will seek to improve the government's partnership with the business sector.

As Indonesia's new leadership team confronts the challenge of revitalising the country's moribund economy, concern is being expressed in some quarters about how the government plans to

Jakarta – Indonesia's foreign exchange reserves as of October 15, reached US$34.81 billion, rising by $91.90 million from the previous week, the central bank reported.

East Timor believes that the Starbucks seal of approval will give its key coffee industry a fillip.

Medan – An economic observer from Indonesia's North Sumatra University, Jhon Tafbu Ritonga M.Ec, said President Susilo Bambang Yudhoyono's (SBY) new government should keep its distance

Zakki P. Hakim, Jakarta – After a lengthy delay, the government inaugurated on Tuesday the National Consumer Protection Agency (BPKN), as mandated by Law No.

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Jakarta – The central bank expects the rupiah to strengthen against the US dollar leading up to the year-end on the back of a better economic outlook and high hopes for the new governme

Tony Hotland, Jakarta – Indonesia's global competitiveness has improved over the past year, and yet it is battered by an inefficient bureaucracy, inconsistent policies and corruption, a

Martin Jenkins, Jakarta – In Indonesia, much debate has recently centered on how the government should tackle the problem of rising fuel subsidies as the price of crude oil on the inter

Zakki P.

Taxation Director General Hadi Purnomo's estimate of Rp 676.5 trillion (US$74.34 billion) in potential tax revenue lost annually during the past three years seems to be too high – a sum

Satish Mishra, Jakarta – In a country in the midst of record open unemployment, partially brought about by sharp declines in development spending, it would be surprising if the economy

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Tiarma Siboro, Bogor – Representatives of the Consultative Group on Indonesia (CGI) met with president-elect Susilo Bambang Yudhoyono on Wednesday in an apparent show of support for the

Oyos Saroso H.N., Bandarlampung – The cement shortage in Lampung and Banten provinces, triggered by mechanical problems at the PT Semen Baturaja cement factory in South Sumatra, has pro

Dili – The International Monetary Fund says that East Timor faces "significant economic challenges" and cautions that the new nation's future oil and gas revenues will initially be "sub

Zakki P.

Bill Guerin – As incoming president Susilo Bambang Yudhyono prepares to step into the palace, a mercurial dispute between US-based Newmont – the world's biggest gold producer – and Indo

West Papua has never been known to the world politics, except for its rich natural resources.

The Jakarta Post, Jakarta – Jakarta stock prices are expected to further consolidate this week as the bullish sentiment stemming from last week's smooth presidential election has alread

Ridwan Max Sijabat, Jakarta – The likely president-elect Susilo Bambang Yudhoyono must uphold legal certainty and security, and phase out the high-cost economy to encourage investment a

Heather Draper, Denver – Freeport-McMoRan Copper & Gold Inc.

Sari P. Setiogi and Fabiola Desy Unidjaja, Jakarta – The United States Embassy has criticized the Indonesian police for detaining without charge several executives of P.T.

Jakarta – The ability of Mr Susilo Bambang Yudhoyono, who is poised to become the country's sixth president, will be sorely tested when he comes to grips with the country's fuel subsidy

Indonesia's outgoing President Megawati Sukarnoputri has addressed the nation's highest Assembly, the MPR, detailing her achievements over three years in office.

Dadan Wijaksana, Jakarta – Waves of optimisms greeted the trouble-free runoff vote on Monday, with experts hailing the smooth process as a powerful starting point towards the much-neede

Michael J. Webdell, Jakarta – Nike, Samsung, Tommy Hilfiger, Guess, Sony: These are just a few brands popular to people across the world.

Jakarta – Amid reports of a continuing slump in foreign direct investment (FDI), Indonesia is in for even gloomier prospects after the recent Australian Embassy bomb attack, according t