Aditya Suharmoko, The Jakarta Post, JakartaThe central government plans to increase its take of profits garnered by regions through commodity trade starting next year in a bid to create a more balanced fiscal management, a ministry official says.

Harry Su , AnalystWith coal prices at an all-time high, foreign and local investors alike are clamoring to accumulate coal mines as well as coal-mining stocks.Bumi Resources is an example of this, having displaced Telkom Indonesia as the biggest company on the Indonesia Stock Exchange (IDX) in...

Jakarta (ANTARA News) - Indonesian company PT New Sentosa here Tuesday conducted a maiden shipment of 4 fire trucks to Tanzania in a ceremony attended also by Trade Minister Mari Elka Pangestu.The shipment was part of a US$640,000 order for 15 fire trucks from the African country, the minister said...

Though it has been suggested often, I have refrained from writing about a continuing malaise in the advertising industry, a fraternity I used to be a member of. That is because candor is often not appreciated, or deemed partisan. So I will stick with the facts.

Integrated oil and gas service provider PT Prime Petroservices (PPS) plans to build a small liquefied natural gas (LNG) plant in Bali this year with a total investment of Rp 3 trillion (US$327 million).

The Canadian PressTORONTO - Hanfeng Evergreen Inc. (TSX:HF) said Monday it has signed two deals to build new fertilizer plants in China and Indonesia.The Toronto-based company said it signed one deal to form a 50-50 joint venture with Shandong Mingshui Great Chemical Group to build and operate a...

A dispute over retail-supplier contracts for medium enterprises has resurfaced in the wake of rising fuel and commodity prices after being silenced last year by a presidential decree.In 2005, PT Sariboga Snacks won a case against Carrefour after reporting the retail giant to the Business...

Citizens with taxpayer registration numbers will soon be exempted from the Rp 1 million (US$100) exit tax which all Indonesians, irrespective of age, must pay when they go overseas.A bigger incentive is that children of a father or mother with a taxpayer number will also be exempted from the exit...