The Corruption Eradication Commission (KPK) has given the Upstream Oil and Gas Regulator (BP Migas) six months to mend its poor inventory system that has given rise to allegations of embezzlement.Speaking after meeting with BP Migas head R.

Fadli, The Jakarta Post, Batam Business circles in Batam, Riau Islands province, are calling on the government to expedite the planned setting up of a regional management body (BPK) in the area aimed at replacing -- fully or partly -- the Batam Industrial Development Authority (BIDA).

The Jakarta Post, Jakarta Almost certain to meet this year's revised downward target, the government remains boldly confident foreign tourist arrivals will rise 25 percent next year, betting partly on the results of higher promotional budgets, says a ministry official.

The government aims to net more investment from Middle East oil state main players next year, in particular in the agricultural sector, despite the global economic downturn, says a government official.Investment Coordinating Board (BKPM) chairman Muhammad Lutfi said Thursday that Arab investors...

Alfian, The Jakarta Post, Jakarta In a bold move, the government forecasts investment in the oil, gas, power and mining sectors next year will grow by 16.7 percent compared to this year, despite the global financial crisis and economic downturn constraining some financial flows.

$12,500 dollar a month export makes the news - $1.8 million USD of furniture flogged in Dubai --- Are things really that bad that this is the most positive business news Indonesia can muster? Or is it just the Christmas effect?

TEMPO Interactive, Mataram:West Nusa Tenggara (NTB) governor Muhammad Zainul Madjdi yesterday released the first batch of bottled water produced by PT Narmada Awet Muda (NAM) exported to Melbourne, Australia.PT NAM director Pengki Yupiter said the business was started in 2006.

Jakarta (ANTARA News) - A scientist of the Indonesian Institute of Sciences (LIPI) has advised the government to follow Malaysia`s step in restricting its natural oil exploitation."Malaysia restricts its oil exploitation to about 630,000 barrels per day and gas consumption to 32,000 million...

Kupang, E Nusa Tenggara (ANTARA News) - Research and Technology State Minister Dr Kusmayanto Kadiman succeeded a trial operation of his Castor oil machine in Rote Ndao Regency, East Nusa Tenggara (NTT).

Jakarta, (ANTARA News) - The government will in 2009 cut refined and raw sugar imports by 50 percent and 20 percent each of their 2008 import quotas in a move to protect local production."The government is expected to cut its import quotas next year as sugar stocks begin to increase now,"...