Investment in Indonesia’s mining sector is expected to drop by 70 percent next year due to the global recession, according to a mining industry official.Priyo Pribadi Soemarno, executive director of the Indonesian Mining Association, said most mining companies would cut production and spending in...

Bandung, West Java (ANTARA News) - Indian investors and Indonesian businessmen are encouraged to make synergetic efforts to deal with the impact of the current global financial crisis."In principle, there is a need for Indian investors and West Java businessmen to make synergistic efforts to...

Jakarta (ANTARA News) - The government should continue to show to the international community that Indonesia`s economic conditions and investment climate are still promising despite the global economic crisis, a minister said.

Jakarta (ANTARA News) - Oil and gas companies doing business in Indonesia must use local banks for their transactions from December onwards, a move to help the struggling rupiah, an official said Thursday.

SINGAPORE - California and two other US states signed a pact late on Tuesday with Indonesia's Aceh province that could see forest carbon credits from Aceh accepted into US emissions trading schemes.The pact, the first of its kind, marks a major step in global acceptance of carbon credits derived...

SEKAYU, Indonesia (Reuters) -- When Indonesia shifted power from the capital, Jakarta, to the regions, investors had to start dealing with a confusing constellation of districts, some business-friendly, others downright unwelcoming.

Wednesday, 19 November, 2008 | 17:17 WIBTEMPO Interactive, Jakarta: Around one thousand workers in Banten province resonated protests against new regulation on workers pay on Wednesday by protesting at Banten Governor office.

Jakarta (ANTARA News) - The Belgian crown prince Philippe will visit Indonesia from November 22 to 26 along with an investment and business delegation, foreign ministry spokesman Teuku Faizasyah told ANTARA here on Wednesday.