The Indonesian Employers Association (Apindo) demanded no price-setting policy for privately generated electricity to foster investment and help end blackouts.Apindo chairman Sofjan Wanandi said that investors had been deterred from putting money in the electricity business because they had to...

The Finance Ministry regulation exempting duties on selected imported machines for industrial development, issued Monday, met with criticisms from local businessThe regulation, which will come into effect on Dec.

After years of uncertain negotiations, the Ireland-based Dublin Port Company has signed an 18-month business contract with the government to take control of the management of Sabang international port in Nanggroe Aceh Darussalam.

In a bid to boost investment and increase global competitiveness, the government on Wednesday scrapped the 5 percent import duty normally imposed on machinery and raw materials for seven vital service industries.The Ministry of Finance said the regulation would take effect on Dec.

President Susilo Bambang Yudhoyono blamed Tuesday the state utility firm PT PLN monopoly for the power shortages across the archipelago."It is wrong if PLN is not able *to meet the huge power demand*," the President said at the State Palace before a meeting to discuss the national power...

Given its abundant agricultural resources, Indonesia is well positioned to become one of the world’s most important food suppliers in the coming years, Vice President Boediono said Wednesday.“The development of infrastructure, including in the agriculture sector, is a top priority in the...

The share of domestic textile producers in the national market is going to plunge to 50 percent by the year-end, down from 65 percent last year, as a wave of cheap imports to hits the domestic market, an association says.

Jakarta (ANTARA News) - Foreign investment inflows in Indonesia in the third quarter of 2009 plunged 87 percent to US$435 million from the same period last year.The slump made net foreign direct investment (FDI) suffer a deficit of US$70 million, thereby posing a challenge to the government to...