The Indonesian Chamber of Commerce and Industry (Kadin) announced Monday its opposition to the Supreme Audit Agency's (BPK) demand for greater authority in probing the state's tax revenue.The BPK is currently in court for a judicial review on the law on general rules and procedures of taxation.

Tuesday, 19 February, 2008 | 15:16 WIBTEMPO Interactive, Jakarta: Property brokers generally in Indonesia are ineffective as a result of the property agent’s turnover level. A professional property broker, Tonny Eddy, said that this was caused by the instability of the property broker system...

Jakarta (ANTARA News/Thomson Financial) - Indonesian conglomerate PT Astra International's January car sales rose 38 percent from a year before, led by sales of its mainstay Toyota models, data released Tuesday by the Indonesian Automotive Industries Association show.

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked state oil company PT Pertamina to be ready to exploit natural gas reserves in the Block D Alpha Natuna area in Riau Islands province.

Jakarta (ANTARA News) - The government is encouraging state-owned cement companies to increase their production capacities to keep up with domestic demand which is growing by seven percent per year and expected to reach 60 million tons in 2013, a minister said.

The Jakarta Post, JakartaThe growth of the country's overall industry output slowed last year to 5.15 percent from 5.27 percent in 2006, far below the government's target of 6.31 percent, the government said.

Australia's Senior Trade Commissioner Rod Morehouse said Monday that Australian firms were prepared to invest more than US$4 billion in Indonesia's mining industry."Australia has more than US$4 billion waiting to be invested," Morehouse told a press conference on the first day of the Ozmine...

Indonesia should nurture the growth of companies as well as entrepreneurs as they could contribute to "miracle" growth in the future, a noted economist said Monday.Speaking at a ceremony inducting him as a professor of economics at Prasetiya Mulya business school, where he is also executive...