Anissa S.

Tito Sianipar, Jakarta – Muhammad Said Didu, Secretary to the State Minister of State Owned Enterprises (SOEs), has stated that 85 percent of SOE shares already listed on the stock exch

Leony Aurora and Anissa S.

Jakarta – With the World Trade Organization (WTO) negotiations on freer trade of non-agricultural products to be finalized in April, local industries must immediately make preparations

Jakarta – When it comes to the forestry industry, development and conservation always seem to be at loggerheads.

Rusman, Samarinda – The timber industry in East Kalimantan is on the brink of collapse due to rising production costs and a lack of raw materials, an executive with a timber firm associ

Jakarta – The massive blackouts that swept parts of Java and Bali have caused industries to suffer billions of rupiah in financial losses due to disruptions in their operations.

Rendi A.

Jakarta – About two-thirds of the nation's wood-based industry has collapsed, with a "high cost economy" and aging machinery making them uncompetitive against more efficient economies s

Zakki P.

Zakki P.

John Mcbeth (Straits Times, Asia News Network), Singapore – The recent oil strike by Australian-owned Santos off the coast of East Java and major untapped oil and gas deposits in ExxonM

Veronica Brooks – East Timor's bid to establish a viable oil and gas exploration industry has received robust early interest from multinational petroleum companies, according to the nat

Jakarta – The government aims to boost growth in the country's manufacturing sector – the largest contributor to gross domestic product (GDP) – to an average of 8 percent per year in th

Rendi A.

Rendi A.

Tony Hotland, Jakarta – Worldwide oil prices that have zipped over historical highs are beginning to take a toll on domestic manufacturers, inevitably forcing them to jack up prices.

Zakki P.

Bill Guerin, Jakarta – With interest rates at a record low, and plenty of cheap credit floating around, it is hardly surprising that there is substantial optimism in the Indonesian auto

Zakki P.

Dadan Wijaksana, Singapore – Indonesia's pulp and paper industry still has plenty of room for improvement if it wants to be internationally competitive, according to a major player.

Jakarta – The Indonesian Bank Restructuring Agency (IBRA) said that it would transfer all remaining unsold assets to new companies operating under the Office of State Minister of State

Jakarta – Plans by a large number of foreign companies here to relocate their operations to other countries is an apparent reaction to their frustration over the slow progress by the go

Jakarta – The Investment Coordinating Board (BKPM) warned on Tuesday that more foreign companies were set to relocate their operations here to other countries due to the worsening inves

Jakarta – Twenty companies in the Tangerang municipality have stopped operations due to the slow business over the past few years, causing 36,108 people to lose their jobs, an official

Arya Abhiseka, Jakarta – Oka claims that he sells every kind of music available, and has all his wares stacked neatly on a blanket spread on the street in front of West Jakarta's Glodok

Berni K. Moestafa, Jakarta – Debuts by new Indonesian artists may soon become a thing of the past.

Bill Guerin – Indonesia's once-mighty footwear industry is in danger of collapse if urgent measures are not taken to enable it to reassert itself in a market long dominated by China.

Matthew Moore, Jakarta – For more than 10 years Australians have often seen "Made in Indonesia" labels inside their sports shoes, but now there are signs that these are steadily being r

Robert Go, Jakarta – First it was shoemakers, toy makers and leather workers.

The Indonesian government has raised the import duty on sugar by up to 30 per cent to protect local sugar cane farmers from cheaper imports.

Jakarta – Local exporting companies are mostly optimistic that their export sales to the Asia-Pacific region and Europe will increase over the next 12 months, but they are somewhat less

Adianto P. Simamora, Jakarta – Minister of Industry and Trade Rini M.

Jakarta – American businessmen indicated an interest in investing in Indonesia at a meeting here on Tuesday.

Jakarta – Five Indonesian state firms suffered losses or potential losses of four billion dollars due to inefficiency over in 1995-1999, according to independent international auditors.

Jakarta – At least half of the factories in Indonesia face bankruptcy if the country cuts diplomatic ties with the United States, sending millions more workers out of work and disruptin

Jakarta – Leaders of oil-producing districts predicted potential trouble over a new oil and gas law as President Megawati Sukarnoputri courted oil barons in the United States, reports s

Robert Go, Jakarta – Indonesia's Finance Minister said yesterday the government would demand more payments from indebted conglomerates following news that assets currently managed by th

Duri – It is a costly cat-and-mouse game played out daily by guards, the workers who install oil-exploration equipment and the thieves who scavenge its metal for scrap.

Robert Go, Jakarta – The Indonesian government appears keen to show that there is little "legal certainty" for foreign investors in the country, even after warnings from international d

I Made Sentana, Jakarta – Indonesia's state-owned Pertamina (P.PTM) oil and gas company has raised fuel prices for industrial users to between 50% and 100% of international market price

Jakarta – The government decided on Monday to raise fuel prices for industries by 50 percent up to 100 percent on April 1 but keep kerosene and fuel prices at gas stations unchanged unt

Jakarta – Minister of Industry and Trade Luhut Pandjaitan denied on Wednesday reports claiming that some export-oriented companies had fled Indonesia in fear of rampant labor disputes.

Jakarta – The government plans to scrap the 10% import taxes on logs and raise export taxes on the commodity in a bid to liberalize the forestry industry, economics czar Rizal Ramli sai

Devi Asmarani, Jakarta – As wary residents brace themselves for more surprise attacks after the bombing of the Jakarta Stock Exchange building, businesses offering security-related prod

Soraya Permatasari, Jakarta – An Indonesian commission said there were signs that some listed firms, including noodle giant Indofood and some cement companies, might be in violation of

Jakarta – At least 87 pharmaceutical factories in Indonesia have stopped operation since the crisis began to jolt the country in the second half of 1997.

Jakarta – Ten state-owned companies have been put on a primary list for privatization this year, according to an updated master plan to be issued by the Office of the State Minister of

Bandung – Continuing worker protests may prompt at least 20 foreign manufacturing companies to relocate outside Indonesia, the Indonesian Business Council says.

Jakarta – State companies remain highly vulnerable to exploitation as cash cows for political groups like they were under previous political administrations, informed sources said on Mo