David Liebhold, Jakarta – Stephen Dowling is afraid to start his car these days.

Robert Go, Jakarta – Indonesia yesterday signed its latest set of reform pledges with the International Monetary Fund (IMF) to obtain US$400 million in fresh funds.

Simon Montlake, Jakarta – The Indonesian Bank Restructuring Agency plans to restructure 70% of its major debt cases by the end of this month, Irwan Siregar, a senior IBRA executive, sai

Jakarta – The Cabinet's new economic team is not seeking major changes in the International Monetary Fund-sponsored economic reform program, Bank Indonesia acting governor Anwar Nasutio

Jakarta – Indonesia will set up a new agency to oversee state companies in a bid to speed their privatization, chief economics minister Rizal Ramli said yesterday.

Jakarta – Indonesia's huge public debt is likely to derail its economic recovery, the IMF's Jakarta representative John Dodsworth said Tuesday, urging the new cabinet to make the debt b

Tim Dodd, Dili – "When the UN pulls out, the whole system's going to crash," says Mr Kirk MacManus, the manager of Hello Mister, Dili's only Western-style supermarket, which is housed i

Jakarta – Multilateral lenders including the International Monetary Fund (IMF), the World Bank (WB) and the Asian Development Bank (ADB) have vowed to support the new Cabinet, particula

Mia Trinephi, Hong Kong – While Indonesia's debt has reached unsustainable levels, the government's immediate options to restructure its debt remain limited, analysts say.

Kafil Yamin, Jakarta – Indonesia's still floundering economy has thrown many families across the country into throes of despair and wreaked havoc on relations between husbands and wives

Robert Go, Jakarta – One of the most amazing outcomes of the recent MPR session must be that the rupiah continued to strengthen even as legislators bashed President Abdurrahman Wahid's

Washington – The United States has reaffirmed its position that rooting out graft is key to economic growth following Jakarta's move to charge former president Suharto with corruption.

Jay Solomon, Jakarta – The Indonesian state is facing $16 billion in potential losses due to the misuse of emergency loans extended to a number of prominent business groups during this

Jakarta – The Central Bureau of Statistics (BPS) announced here on Friday a higher than expected growth rate in the country's gross domestic product (GDP) in the second quarter but busi

Joanna Jolly, Dili – Ethnic-Chinese businessmen trying to re-establish East Timor's economy have become a target for hostility and extortion by the local community.

Jakarta – Indonesia's National Logistics Agency (Bulog) has said that, as rice stocks were still plentiful, there was no need to sign any more contracts to import rice this year.

Jakarta – Indonesia plans to develop two million hectares of new paddy fields outside Java to secure rice supplies for the growing population.

Jakarta – The United States could seize Indonesian assets if Jakarta fails to settle a US$290-million claim by the US government's Overseas Private Investment Corp (OPIC), US Ambassador

Jakarta – Indonesia's parliament has approved income tax cuts that halve the burden on low income earners, as well as a radical new amendment that will provide regional administrations

Jakarta – Regional Autonomy Minister Ryaas Rasyid has warned that some local bureaucrats and politicians were using the Indonesian government's new decentralisation policy to blackmail

John McBeth, Jakarta – For members of a visiting group of US editors, a mid-afternoon conversation with President Abdurrahman Wahid in late June ended in near-complete bewilderment.

Jakarta – Indonesia's central bank said Thursday it can fully implement a new monetary policy only once economic stability in the country is restored.

John McBeth in South Kalimantan and North Sulawesi – They come equipped with scores of excavators and more than 500 trucks. Their backers have wealth and influence.

Penny Crisp and Jose Manuel Tesoro, Jakarta – It was tough enough to bring down Suharto and sustained enough to help fell his successor.

Shoeb Kagda – High-level government audit has implicated senior members of the former Suharto administration of siphoning off billions of dollars of state funds.

Jakarta – The Indonesian government Thursday unveiled a blueprint and timetable for a sell-off of state assets this year, including the communication giants, Telkom and Indosat.

Nuruddin Lazuardi/FW & LM, Jakarta – The disgraced "Timber King" Bob Hasan has reportedly amassed US$263 million from an aerial mapping project conducted by his company, PT Mapindo

Jakarta – Indonesia's state audit agency said yesterday that despite government efforts to tackle graft, millions of dollars had been wasted through corruption at major state companies

Jakarta – The World Bank country director for Indonesia, Mark Baird, has apparently taken sides with President Abdurrahman Wahid over growing criticism against the government's economic

Jakarta – Indonesia's inability to guarantee land security is blocking foreign investment in farm-based businesses in Asia's third-largest agricultural producer, analysts said.

Robert Go, Jakarta – The country's top economics minister has berated the Indonesian Bank Restructuring Agency (Ibra) for working at a snail's pace and said it was a long way from meeti

Leigh Murray and Grainne McCarthy, Jakarta – Criticism of the detention of Bank Indonesia Governor Sjahril Sabirin mounted Thursday amid suggestions of political interference, with anal

Robert Go, Jakarta – Local governments have been warned not to abuse new regional autonomy laws or they risk losing both domestic and foreign investment, high-level central government o

Jose Manuel Tesoro, Jakarta – Ever since the beginning of the Asian financial crisis, a country's currency and its publicly traded stocks have been used by journalists the same way we u

Jakarta – Indonesia's central bank on Friday temporarily eased lending limits for banks to encourage them to boost economic activity through increased loans.

Robert Go, Jakarta – Indonesia needs to have a coherent strategy on economic reforms and make serious efforts in eradicating corruption if it wants international donors to keep funds fl

By couple of weeks ago, Philip Eng, when replying to questions from reporters on whether he was concerned with the sharp fall in the price of Astra International's shares, noted that c

Jakarta – Indonesia's state electricity company PT Perusahaan Listrik Negara (PLN) said Monday it was seeking a 29.4 percent across the board increase in basic electricity tariffs this

Jakarta – Shoppers pack the supermarkets in the Indonesian capital these days, car and mobile phone sales are jumping, seven new airlines are ready to hit the skies and companies are re

Grace Nirang, Jakarta – Little fresh investment will flow into Indonesia's mining sector this year as companies hug the sidelines due to a host of problems plaguing the industry.

Grainne McCarthy, Jakarta – The President's masseur embezzles money from the country's key food agency; the President's talk of capital controls spooks the international community; the

Jakarta – A steady commitment by the Indonesian government to implement pleged economic reforms will strengthen the ailing rupiah, a top official with the International Monetary Fund sa

Martin Crutsinger, Washington – The International Monetary Fund on Friday gave approval for a $372 million loan to support economic reform efforts in Indonesia.

Jakarta – Minutes before relinquishing his post as Central Bureau of Statistics (BPS) chief, Sugito Suwito fired back at President Abdurrahman Wahid, saying he was being truthful in sca

Pip Hinman – The Seattle and Washington protests against the International Monetary Fund (IMF) and World Bank (WB) have forced their chiefs into damage control.

Max Lane – The role of the International Monetary Fund in determining economic policy in Indonesia came under the spotlight after the 1997 economic crisis.

Narendra Aggarwal - Indonesia's economy is expected to expand by about 3.5 per cent this year, driven by consumer demand, but it is too early to say if the same rate of growth will cont

Michael Shari, Jakarta – What happens when a government puts its biggest bank up for sale and no one's much interested? Cacuk Sudarijanto doesn't even want to think about it.

Jonathan Thatcher, Jakarta – A cloud of gloom has descended over Indonesia.

Leigh Murray, Jakarta – Indonesia signed Wednesday the International Monetary Fund letter of intent that outlines key economic reform programs for the government to revamp the economy.