Monday, 24 November, 2008 | 17:03 WIBTEMPO Interactive, Denpasar:The impact from the global financial crisis is starting to be felt by the tourism business in Bali. Hotel room cancellations for December have reached 20 percent, according to reports.

The Jakarta Post, Jakarta The tax office reported on Monday it was optimistic that this year's tax revenue would exceed the targeted amount, despite impacts of the global financial downturn.Finance Ministry taxation director general Darmin Nasution told journalists that this year his office had...

Monday, 24 November, 2008 | 13:51 WIBTEMPO Interactive, Mataram: The installation of a sea wave powered electricity generating plant in the waters of Tanjung Menangis, Pringgabaya sub-district, Lombok Timur Regency, in West Nusa Tenggara (NTB), will not be carried out this November.

Despite endorsement by a tame certifier, Southeast Asia’s miracle oil faces troubleJust outside Danau Sentarum National Park, a large and diverse wetland area in West Kalimantan on the Indonesian side of Borneo, lumberjacks working for an Indonesia plantation company are busy felling trees and...

Lima, Peru. Indonesia may revise its economic growth forecasts, as declining foreign investment and weakening demand for exports slows the country’s expansion, President Susilo Bambang Yudhoyono said over the weekend.

Jakarta (ANTARA News) - The government said it is optimistic the number of foreign tourists visiting Indonesia next year will reach 10 million with foreign exchange earnings estimated at US$10 billion."We hope the condition will be getting more stable so that the tourism sector will contribute...