Bank Indonesia Governor Boediono sees a relief in the global liquidity squeeze within the next six months as terrified investors will eventually resurface after seeking shelter in safe-haven instruments.

Kuala Lumpur. Palm oil futures completed their first weekly gain in a month on speculation production may be slowing just as drought curbs the supply outlook for rival soybean oil from South America.Palm oil in Kuala Lumpur advanced 5.

The government is considering a boost in infrastructure spending in this year’s fiscal stimulus package, after a House of Representatives’ commission requested it be increased on Thursday. The boost would help the domestic economy mitigate the local impact of the global economic crisis, a...

Jakarta (ANTARA News/Asia Pulse) - The Ritz-Carlton Hotel Company and the Sahid Group have decided to shelve a resort and hotel project on Bintan island south of Singapore due to the global financial crisis.