Cellular company PT Mobile-8 Telecom, the operator of CDMA-based mobile phone service Fren, launched a wireless application system for mobile phone handsets Tuesday in another effort to meet the company's target to raise its subscriber base by 66 percent next year.

The government wants geothermal energy promoters to take advantage of global carbon trading market as an alternative source of funding to help lower their investment and production costs, a minister says.

The government plans to scrap import duties and taxes on oil and gas drilling equipment to help boost spending on exploration.The finance minister will abolish 27.5 percent of taxes ``soon,'' Anggito Abimanyu, head of fiscal policy at the ministry, said in Jakarta Tuesday after meeting Indonesian...

SEEING THE POSSIBILITIES ABOVE THE PROBLEMS © 2007 Duncan GrahamWhat’s the premier academic journal on the Indonesian economy? The answer is going to upset nationalists, but according to the authors of a biography on 'the grand old man of Asian economics' it’s an Australian publication.

Denpasar, Bali (ANTARA News) - Bali province`s canned fish exports in the first ten months of 2007 jumped 120 percent to US$10.8 million from a year earlier.Canned fish exports in the January-October 2007 period more than trippled in volume to 5,572 tons from 1,865 tons in the same period last...

Jakarta (ANTARA News) - Capital Investment Coordination Board (BKPM) Chief M. Lutfi said investment in Indonesia is expected to grow by 15.2 percent in 2008 or faster than 12.54 percent as projected by the Finance Ministry.

Jakarta (ANTARA News) - The Indonesian government allows foreign investors to develop the economies of small islands in Indonesia provided they care for the local people`s welfare, ministers said.Marine and Fishery Minister Freddy Numberi and Culture and Tourism Minister Jero Wacik made the remarks...