Govt told to limit oil contracts with foreign firmsThe Jakarta Post, JakartaLocal companies grouped under the National Oil and Gas Caucus have asked the government to limit oil and gas cooperation contracts with foreign firms to one contract period.

Australians need not be wary about doing business here: IABC executiveDuncan Graham, The Jakarta Post, SurabayaIt would be an error to assume all the Caucasians seen at any meeting of the East Java branch of the Indonesia-Australia Business Council (IABC) are Australian.Some are British nationals.

Indonesian economy continues to lose altitudeThe Jakarta Post, JakartaIf Indonesia's economy was a jumbo jet, it would be flying on the single engine of exports at the moment, with the other engines of private consumption, investment and government spending having stalled out.