Once fueled by great stores of natural resources and ensuing investment, Indonesia is once again suffering the effects of a harsh economy.With some 240 million people Indonesia is the fourth most populous country in the world.

JAKARTA, May 27 (Reuters) - Indonesia is not ready to implement a price formula for biofuel slated for June, an energy ministry official said on Wednesday, which spells a blow for the fledging biodiesel industry in the world's top palm oil producer.

Businesses are complaining about the existence of mafi a controlling the loading and unloading system at Batam seaport, Kepulauan Riau province, consequently infl icting higher costs on businesses.Head of the Indonesian Employers Association's (Apindo) Kepulauan Riau chapter, Abidin, said Tuesday...

A consortium of local small and medium internet service providers are questioning government bidding rules that allow a foreigncontrolled publicly listed fi rm to bid for Wimax licences, despite the Negative Investment ListThe SMEs, grouped in a consortium participating in the bidding, said the...

The government needs to allocate Rp 1.25 trillion ($120 million) next year to subsidize bio-fuels to meets its own mandatory targets, the Indonesian Biofuel Producers Association (Aprobi) said Wednesday.

Indonesia’s residential property sector looks to have bottomed out, with demand expected to grow as the economy improves in the second half of the year, according to international property consultancy Knight Frank.

The government is desperately trying to get the long-delayed $700 million Palapa Ring telecommunications project back on track after PT Excelcomindo Pratama pulled out of the project consortium on Monday.

The government plans to sell its stake in five industrial park companies worth more than Rp 900 billion ($87.3 million), a senior official said on Tuesday.The move comes despite political rivals calling the current administration “neo-liberal” - a derogatory label in Indonesian politics, where...

In a bid to stabilize domestic palm oil prices, Indonesia is expected to institute a 3 percent tax on crude palm oil exports next month, Trade Minister Mari Pangestu said in Jakarta on Tuesday.“The local price will be affected by the rising global CPO price as a number of producers would prefer...

TEMPO Interactive, Jakarta:Modern retail business people are rejecting a regulation on the zoning of commercial buildings issued by the regional administration, given that traditional markets are spread throughout the Jakarta area.