Quoting: biznewsA friend of mine from overseas was in Jakarta on a visit. He took a taxi - after a seriously inconvenient and irritating bargaining process with taxi drivers - only to be cheated out of hundreds of thousands of rupiah.

JAKARTA -- Bank Indonesia kept its benchmark overnight rate unchanged at 6.5% during a rate review Thursday, and said the near-term outlook for Southeast Asia's largest economy is robust while inflation remains well contained.

Indonesia the archipelago of 17000 islands owes its modern existence to integration of access of electricity and the increasing gap in the country's end-user energy market is threatening to set the country in energy poverty in less than 25 years.

Palm oil companies in the country said Thursday that the export regulation on crude palm oil (CPO) export was too tight and often influenced CPO prices."We have to pay 25 percent in tax for exporting CPO.

The World Bank’s last quarterly report on Indonesia issued two months ago was entitled Clearing Skies.True, with an estimated economic growth of 4.3 percent, the highest in Asia after China and India, and the peaceful parliamentary and presidential elections in April and July that reinstalled...

The National Standardization Agency (BSN) has remained unable to promote standardization as a non-tariff barrier to protect the local industry from the global market’s volatility, legislators said Thursday.

Jakarta (ANTARA News) - MS Hidayat, chairman of the Indonesian Chamber of Commerce and Industry (Kadin) has called on the organization`s members to prepare themselves for the implementation of the Free Trade Agreement (FTA) next month.

Denpasar, Bali (ANTARA News) - Energy and Mineral Resources Minister Darwin Zahedy Saleh said Indonesia had geothermal energy resources of up to 28,000 megawatt with a potential power generating capacity of 13,440 MW.