Jakarta. Fresh on the heels of July’s unpopular electricity rate hikes, the government’s announcement on Monday of a fresh set of rises early next year immediately drew more anger from the business community. Finance Minister Agus Martowardojo said late on Monday that the next hike would see average rates rise 15 percent as part of an effort to reduce government power costs. The 2011 state budget draft cuts electricity subsidies by 34 percent to Rp 41 trillion ($4.6 billion).

TEMPO Interactive, Jakarta: Political oppositions, whether official or conjunctural, has dismissed President Susilo Bambang Yudhoyono's annual state address before the parliament to mark the independece day at the beginning of this week as unconvincing "camouflage" which failed to adequately address one of the most crucial problem of the nation, corruption. Megawati Soekarnoputri chairwoman of the Indonesia Democratic Party for struggle described Yudhoyono's speech as "too plain".

JAKARTA, Aug. 18 (Xinhua) -- Indonesia's Investment Coordinating Board targeted to draw an investment of more than 200 trillion rupiah (about 22.3 billion U.S. dollars) next year, increasing 15 percent compared to this year, Bisnis Indonesia daily quoted an official as saying on Wednesday.

Jakarta (ANTARA News) - Indonesia`s next year`s export growth may reached only 8.3 percent, while this year`s growth has reached 12.2 percent. Minister of Trade Mari Elka Pangestu told a press conference on the Financial Note and the 2011 Draft State Budget at her office in Jakarta Monday night that next year`s imports may reach only 9.3 percent, a decline compared to this year`s estimated 15 percent. "Next year, the export growth is supposed to reach 10-12 percent," she said.