The adoption of a free trade zone (FTZ) on Batam has not made doing business on the island any easier or simpler, but has instead led to more bureaucracy and some confusion for local businesses.Forwarding service firm PT Esqarada president director Daniel Burhanuddin said Wednesday that the...

The disputes between government and oil contractors over cost recovery could worsen because of a long delay in the issuance of regulations on new accounting guidelines for expenditure under production-sharing contracts, as required by the 2009 State Budget Law.

Indonesia could harvest about US$15 billion (Rp 150 trillion) of financial incentives per year from carbon trading through avoiding forest emissions, a climate expert said.Climate researcher from the centre for International Forestry Research (Cifor) Daniel Murdiyarso said that the implementation...

Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati said here on Thursday the current economic recovery was still in an early stage and fragile."The recovery is still in an early and fragile stage." she said at a meeting with House Commission XI.