"lack of new investment in the sector"Itu benar! There is the real reason. No one wants to do business in a country which ties an investors hands behind their back, amputates a leg and then demands "kick ass" performance!

The Indonesian government expressed concern Friday over the continued decline in oil production in the last 10 years that could cause the budget to miss revenue target."The current production hovers around 900,000 barrels per day, and we have set a target of 1.

Indonesia, Singapore and Malaysia agreed on Thursday to build three interconnected power transmission networks using up to US$1 billion in investment.Indonesian Energy and Mineral Resources Minister Purnomo Yusgiantoro said the agreements, signed at the sidelines of an ASEAN Energy Ministries...

Jakarta (ANTARA News) - The number of foreign tourist arrivals in Indonesia in the first semester 2007 was up 12.2 percent compared to the figure for a corresponding period in 2006, a tourism ministry official said.