Demand for apartments and condominiums in the second semester in Jakarta are likely to remain weak despite an improvement in the economy, global property consultant Jones Lang LaSalle said."Continuing negative sentiment among foreign investors impeded demand for apartments, while the...

Consumer confidence in Indonesia continued to be strong in the second quarter, growing by 8.5 percent from the previous three-month period, a survey reveals.The consumer confidence index in Indonesia reached 112.1 points in the second quarter, 8.

TEMPO Interactive, Mataram: Entrepreneurs have asked the provincial government of West Nusa Tenggara (NTB) to open shipping route between Lombok and Surabaya.A journey by the current route of Sumbawa-Lombok-East Java through Bali takes between 14 to 24 hours.

With sugar prices skyrocketing over the past few months, the country’s antimonopoly watchdog said it was on the cusp of launching a formal investigation.“As part of the effort to prevent monopolies and protect the public from the consequences of unfair business practices, the Business...

The Indonesian Soybean Board is calling on the government to slap a 20 percent duty on soybean imports to protect domestic soy, which is usually more expensive than its imported counterpart.The board, known as DKI, said the tariff would encourage farmers to grow more soybeans and ultimately reduce...

Padang (ANTARA News) - Public works minister Djoko Kirmanto called on building contractors here on Thursday to improve their performance so that their market share would not be taken over by foreign companies.