A trade delegation from Taiwan made up of more than 30 leading Taiwanese companies is currently in Indonesia to explore business opportunities."The Indonesian market has great potential for our well-known mechanical and IT products.

Despite a recent deficit in the country's agricultural sector, the Artha Graha Group, headed by politically well connected businessman Tomy Winata, has expanded its push into the hybrid seed business with its Chinese partner company.

Ambon (ANTARA News) - National businessman Tommy Soeharto (youngest son of former President Soeharto) is eying a oil palm potential in Maluku which has areas with bright prospect for the business, a local official has said.

They forgot to mention that new Gas Wells prospects, because of the fact that they are situated in the relatively unexplored deep water areas cost much more to drill with no guarantee of a find. This costs substantially more than an onshore "oil well" exploration due to the higher technology which...

SINGAPORE (AP): American companies in Southeast Asia say corruption is a "major impediment" to doing business in the region, except in Singapore, according to a survey of U.S. businesses released Friday.

JAKARTA(AP): Singapore's state-owned investmentcompany, Temasek Holdings, denied Thursday it was involved in monopolistic practices in Indonesia's telecommunications industry.It also said it was "disappointed" Indonesia's competition watchdog, known as the KPPU, was intensifying an investigation...

Chinese Premier Wen Jiabao met with Indonesian Vice President Yusuf Kalla in Beijing on Friday, calling for expanding cooperation between the two countries.Speaking positively of the China-Indonesia relations, Wen said he hopes the two sides could work out an action plan on their strategic...

Jakarta (ANTARA News) - The annual number of natural gas exploration wells drilled in Indonesia dropped by as much as 50 percent in the past nine years, oil observer Kurtubi said here on Saturday."The problem is that no new reserves were found in the upstream sector," he said adding that before...