The government, now more than ever, must focus on reform of the civil service, judicial system and security forces in order to attract much-needed foreign investment and spur economic growth, Finance Minister Sri Mulyani Indrawati believes.

Agriculture Ministry officials have barred three hybird paddy seed producers from importing seeds from India and China, saying the three had run out of time to produce and develop seeds domestically, Sutarto Alimoeso, the ministry’s director general of food crops said Wednesday.

TEMPO Interactive, Jakarta:State-owned postal service, PT Pos Indonesia will begin its online financial network next year. “The try-outs started this year,” said PT Pos Indonesia’s deputy director, I Ketut Mardjana, in Jakarta yesterday.

TEMPO Interactive, Jakarta:Indonesian products entering Australia will be charged zero percent dutt during the period of 2009 – 2010. Trade Minister Mari Elka Pangestu said Indonesia will receive rate reduction for textile and footwear products. So far, Indonesian textiles are charged 5 – 17.

Originally Posted By: biznewsProsperous Switzerland said last week it had chosen Indonesia as one of the priority countries in Asia for development of a new partnership, The Jakarta Post reported. Yes, it's been a long time since Suharto stashed his billions in chocolate land.

General Motors Corp. (GM) will likely delay a planned $60 million Indonesian investment this year because of difficulties in securing local components, Asia Pulse reported.The local component industry is beset by crisis as a result of weak demand from auto makers, PT General Motor Autoworld...

An investor from the United Arab Emirates plans to invest $636.8 million to develop palm oil ports and terminals, railroads and industrial estates in East Kalimantan, Governor Awang Faroek Ishak said, Bisnis Indonesia reported.

Finance Ministers of Southeast Asia nations, Japan, China, and South Korea (ASEAN+3) agreed Sunday to prepare precautionary measures aimed at avoiding the region from falling deeper into severe financial meltdown, The Jakarta Post reported.

Poor prices for minerals and agricultural products depressed growth during the fourth quarter, when growth was recorded at 5.4%, while full-year 2008 came in at 6.1%, the Central Bureau of Statistics (BPS) reported last week.

With its giant population and moderate brand of Islam, Indonesia is fast emerging as a cornerstone US partner for President Barack Obama's administration, observers say, following the visit to Indonesia of the top US diplomat, Agence France-Presse reported.

Alfian, The Jakarta Post, Jakarta To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing index which will set the minimum selling prices required for producers.

Indonesia is still yet to capitalize on the economic potential of its marine environment, Maritime Affairs and Fisheries Minister Freddy Numberi told a seminar in Jakarta on Wednesday.“We are still restricted by a land-based approach which emphasizes the potential of utilizing land for profit,”...

The Association of Southeast Asian Nations, or Asean, is set to ink a free-trade agreement today with Australia and New Zealand. The deal, dubbed AANZ-FTA, is expected to remove import duties worth $2.95 billion annually on Indonesian exports to Australasia this October, and will see tariffs...