Indonesia’s mining industry has the geological potential to reap benefits for another one hundred to 150 years, but the country needs to be more aggressive with its exploration, a mining consultant said this week.

Household consumption - the main engine of Indonesia’s economy - needs to grow at about 3.5 percent this year to compensate for negative growth of non-oil and gas exports and slowing investment, a official from the National Development Planning Board, or Bappenas said.

The Jakarta Post , Jakarta | Mon, 03/23/2009 1:22 PM | BusinessThe deepening global financial crisis may provide an opportunity for the online advertising industry in Indonesia to expand, Yahoo says.The US giant Internet service provider said that not only would promotions become more targeted and...

Johannes Simbolon , JAKARTA After being criticized for being slow to develop the local biofuel industry, the Indonesian government has finally issued two important policies; first, a decree issued last year obliging industries and the transportation sector to use biofuels; and second, its recent...

Aditya Suharmoko , THE JAKARTA POST , JAKARTA Indonesia is unlikely to follow the path taken by regional peers to allow the local currency to fall against the dollar to make exports more competitive amid slumping global demand: BI official says.Bank Indonesia (BI) deputy governor Hartadi A.

Indian Ambassador to Indonesia, Biren Nanda, met with South Sulawesi governor Syahrul Yasin Limpo to explore investment opportunities between the two countries in Makassar on Monday."South Sulawesi holds a very important role in Indonesia.