Aditya Suharmoko, The Jakarta Post, Jakarta A House of Representatives committee is proposing a cut in income tax for both businesses and individuals to help stimulate the economy amid record crude oil prices and a global economic slowdown.

Monday, 09 June, 2008 | 15:28 WIBTEMPO Interactive, Jakarta: Indonesia is facing the threat of a potable water network backlog for up to nine million people in 2009.Budi Yuwono, Director General of Housing, Building, Planning and Urban Development at the Public Works Department, said that regional...

Monday, 09 June, 2008 | 15:33 WIBTEMPO Interactive, Jakarta: The Education Department in cooperation with the Zyrex Computer Company will develop a computer assembling industry through vocational schools.It is targeted to have 200 computer assembling workshops in schools throughout Indonesia.

Indonesia is optimistic it could become an exporter of corn after recording a steady increase in production in the past five years, an official said, Asia Pulse reported Friday.The country's corn production has increased by 10-15% annually in the past five years, Agriculture Minister Anton...

Thaksin Shinawatra, Thailand’s former prime minister, is interested to invest in Indonesia because of its growth and political stability, presidential spokesman Dino Patti Djalal said Wednesday, Antara reported."Thaksin was impressed with the growth of Indonesian economy," he said.

Foreign investors from the United States, Australia and South Korea have expressed interest in building a biofuel plant with a capacity of two million kiloliters worth $500 million in Gorontalo province, Gorontalo Governor Fadel Muhammad said, Asia Pulse reported Tuesday.

The International Monetary Fund is maintaining its growth forecasts for Indonesia, saying that steady exports and investment will support the momentum of growth, Milan Zavadjil, assistant director in the Asia and Pacific department, told Reuters in an interview.