Jakarta (ANTARA News) - The Finance Ministry expects Indonesia`s upgraded credit rating from BB to BB+ to encourage more foreign investment inflows to the country."It is expected the upgraded credit rating will not only make the cost of borrowing more efficient but also encourage more foreign...

Jakarta (ANTARA News) - The government must intensify domestic market protection because renegotiations of the ASEAN-China Free Trade Agreement (ACFTA) cannot be counted on, a business community spokesman said.

Jakarta (ANTARA News) - To protect domestic industries from the impact of free trade, Industry Minister MS Hidayat is to propose compulsory verification for seven kinds of imported goods.He said here Tuesday, the seven kinds of goods are cosmetics, ceramics, steel, energy-efficient lamps, cell...

JAKARTA (Reuters) - Indonesia has cut the planned capacity of geothermal power plants it will start building this year by 18 percent to 3,900 megawatts (MW), an official at the mines and energy ministry said on Tuesday.

JAKARTA, Jan 26 (Reuters) - Indonesia plans a $1 billion green investment fund this year to drive infrastructure developments that aid growth and help cut greenhouse gas emissions, a finance ministry official said on Tuesday.

CVC Capital Partners has struck a Rp7,200bn ($770m) deal to acquire Indonesia's leading department store chain, in the strongest sign to date of increasing foreign investor interest in the country.Pending regulatory approval, the buy-out group will gain control of Jakarta-listed Matahari Department...

President Susilo Bambang Yudhoyono said the free trade agreement between ASEAN and China (ACFTA) would not threaten Indonesia’s industries, but create opportunities for local businesses to export more goods.

To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not have environmental impact analysis documents (Amdal).The State Environment Ministry said it would use its new authority, as stated in the 2009...

I'm pretty sure there is no surfing in Raja Ampat ... I think they might mean diving. Correct me if I'm wrong! Raja Ampat is an unreal place