Hi, The Industry Ministry has proposed waiving import duties worth more up to Rp 1.68 trillion (about US$167.5 million) to the Finance Ministry so that 13 industries can improve business performance to help boost the economy..banking deals

State Secretary Hatta Radjasa said Thursday that none of Indonesia’s territory was for sale despite a website advertising offers for three islands in the western part of the country.Hatta told reporters at the Presidential Palace that investors might lease or develop resorts on those islands, but...

Jakarta - Official statistics showed that Indonesia still had the fastest-growing economy in Southeast Asia, with improving prices for the country`s key export commodities and a robust domestic market credited for the good result.

Indonesia expects to increase coal production by up to 20 million tons next year as lawmakers insist that the government must book higher non-tax revenue from the mining sector in 2010.Bambang Setiawan, the director general for coal, minerals, and geothermal at the Energy and Mineral Resources...

Jakarta (ANTARA News) - The government held an inter-departmental meeting in Padang, West Sumatra, on Thursday night to discuss the alleged sale of three islands off the province`s west coast to a foreign party.