Jakarta – Finance minister Bambang Sudibyo said on Monday that 120 state-owned companies suffered combined financial losses of Rp 47.65 trillion (US$6.39 billion) last year.

Shoeb Kagda, Jakarta – Whichever way one looks at the issue, Indonesia's new leadership is in no-man's land when trying to deal with the massive energy and gas contracts endorsed by the

Soraya Permatasari, Jakarta – Indonesia's textile industry, once a significant national breadwinner, has withered into a shadow of its former self under the strains of the country's dee

Jakarta – After years of living contentedly, many import-dependent businesses in Indonesia worry that changes in customs procedures could bring back the bad old days at the country's po

Indonesia's President Suharto and the Singapore Prime Minister, Goh Chok Tong, will jointly launch a giant marine and industrial complex on the Indonesian island of Karimun later today

Jakarta – Recent religious and ethnic riots in Indonesia, political uncertainty and the country's questionable economic regulations will not have a great impact on US business interests

Michael Richardson, Jakarta – A group of Indonesia's wealthiest companies has agreed to intensify a program to help smaller businesses in what analysts said Sunday was an attempt to def

Lisbon – The Indonesian group that has bought Italian car maker Lamborghini was said to be a partner in the construction of a cement factory in East Timor.