Around Indonesia in 180 Days would be a suitable title for the latest foreign investor soap opera to emerge from south-east Asia’s largest economy. That is how long international arbitrators have given Newmont Mining of the US and Sumitomo of Japan to divest 17 per cent of a subsidiary that owns...

A senior official at the Ministry of Agriculture says new regulations have been drafted to open Indonesia’s market to beef imports from countries with foot-and-mouth disease.To date, such imports have been prohibited, leaving Indonesia reliant on beef from Australia and New Zealand to make up for...

The government says it will temporarily exempt exporters that are already bound by contractual obligations from the unpopular requirement to obtain letters of credit from local banks, which came into force on Wednesday.

The decision by an international arbitration unit based in Jakarta to order the US-based Newmont Mining Corp. to divest its holdings in the copper and gold-rich PT Newmont Nusa Tenggara mine is being watched closely by mining interests both domestically and internationally, because of allegations...

The nation’s exports continued to fall in February, off by nearly 33 percent year-on-year and 1.02 percent month-on-month to $7.08 billion, the Central Statistics Agency, or BPS, announced on Wednesday.Analysts said the trade picture would likely deteriorate further as the global economy weakens.

Jakarta (ANTARA News) - International arbitrators have ruled in favour of Indonesia in a dispute with US giant Newmont Mining Corporation over the mandatory divestiture of shares, the mining minister said Wednesday.