(REUTERS) Indonesia’s rust-bucket ferries are a symbol of the decrepit infrastructure which has plagued Southeast Asia’s biggest economy and prevented it from matching China’s meteoric growth rate.

Indonesia and Malaysia have signed a Memorandum of Understanding (MoU) on the establishment of a joint committee as an effort to increase two-way trade and investment.Addressing at the MoU signing of the Joint Trade and Investment Committee (ITIC) on January 11, Indonesia’s President Susilo...

PETALING JAYA: Malaysia, with regulators more in control of land issues, is better positioned than Indonesia if the European Union bans certain biofuels derived from crops grown on forests, wetlands or grasslands, a research house said.

Publicly listed property company PT Ciputra Property plans to invest Rp 7 trillion (US$747.36 million) on an integrated shopping mall, hotel and apartment project in Jakarta.President director Candra Ciputra said Tuesday the project would underline the reputation of the Ciputra Group as one of the...

State oil and gas company Pertamina on Tuesday raised the price of industrial fuels following depreciation of the local currency against the U.S. dollar early this month.The company raised the price of gasoline for industrial use by 6.7 percent to Rp 7,833 (84 U.S. cents) per liter.

To curb the surging price of soybeans, legislators suggested Tuesday the government scrap its policy limiting the number of designated importers.The policy is considered a major factor for the skyrocketing prices.

Jakarta (ANTARA News) - Indonesia plans to boost domestic soybean output to 900,000 tonnes this year to reduce dependence on imports as soaring prices have hurt the local food industry, Agriculture Minister Anton Apriyantono said on Tuesday.