"The President urged businesspeople to instead open up dialogues to solve workplace disputes.Yudhoyono said he was concerned about news reports of companies dismissing their employees.Every time massive layoffs occur, I cannot sleep, as many people gather outside the palace and a barrage of text...

President Susilo Bambang Yudhoyono warned employers across the country Wednesday against resorting to layoffs whenever disagreement arose between them and their workers.The President urged businesspeople to instead open up dialogues to solve workplace disputes.

Bandarlampung, Lampung (ANTARA News) - State-owned plantation company PT Perkebunan Nusantara (PTPN) VII has set itself the target of producing 174,500 tons of sugar this year.The sugar production would originate from the company`s two business units, namely Bungamayang in North Lampung and...

Tokyo (ANTARA News) - State-run oil and gas company PT Pertamina is currently negotiating the extension of its natural gas supply contracts with a number of gas companies in Japan, its chief, Ari Soemarno, said here Wednesday."Pertamina`s vice president director is now in Osaka for the negotiations.

Singapore (ANTARA News) - Malayan Banking Bhd, the largest bank in Malaysia, said Wednesday it has agreed to buy a 56 percent stake in Bank Internasional Indonesia (BII) from Singapore's state-linked Temasek Holdings Ltd and South Korea's Kookmin Bank, for 4.8 billion ringgit or about 1.

Beijing (ANTARA News) -Indonesia still have ample opportunities to export its furniture to China, trade attache at the Indonesian Embassy in Beijing, Imbang Listiyadi, said here on Wednesday."Indonesia still has an opportunity to export its Furniture to China and therefore as a furniture producer,...

The President should issue a new decree slashing corporate tax if the House of Representatives refuses to pass the income tax bill, the chairman of the Indonesian Chamber of Commerce and Industry (Kadin) said Wednesday.

Aditya Suharmoko , The Jakarta PostWhile the global economic slowdown is not expected to greatly affect Asian economies, Indonesia's biggest challenge lays in subduing its inflation rate to protect public purchasing power, a discussion concluded Wednesday.

The number of individuals and groups holding life insurance policies dropped 11 percent last year as people opted instead to pursue short-term profits and gain easier access to cash, an association said Wednesday.