The government should focus on attracting investment in manufacturing following the sector's declining contribution to the country's gross domestic product (GDP) over the past three years.Faisal Basri, an economist from the University of Indonesia, said on Tuesday that the government should...

Local retail chain Indomaret is planning to open 800 new stores this year, making its total number of outlets across the country 5,755.Indomaret currently operates 4,955 stores throughout Indonesia.Wiwiek Yusuf, director of marketing at PT Indomarco Prismatama, which operates Indomaret, said 50 new...

At least 22 shoe companies from South Korea, China and Vietnam have planned to relocate factories to Java, a senior government official says.Industry Ministry secretary-general Ansari Bukhari said the shoemakers were eyeing Sidoarjo in East Java, Tangerang in Banten, Purwakarta, and Sukabumi in...

With poor weather conditions affecting harvests, local soybean production this year is anticipated to fall short of the government target.Earlier, the government said it expected to produce up to 960,000 tons of soybeans in 2011, but this target would be “hard” to meet, Deputy Agriculture...

TEMPO Interactive, Denpasar:The Bali provincial government is applying a moratorium on hotel construction. The policy is being implemented in Denpasar, Badung and Gianyar.Bali government spokesperson I Ketut Teneng, said the policy was effective as of January 5 this year.

Jakarta (ANTARA News) - Sweden is exploring possibilities of doing pro-environment business with Indonesia, visiting Trade Minister Ewa Bjorling said here on Tuesday.The minister made the statement when opening a seminar themed "Green Growth for Indonesia : A Knowledge Sharing Seminar with...

Denpasar, Bali (ANTARA News) - Bali`s non-oil/gas exports last year reached 519.91 million US dollars, a 3.4 pct increase from the 502.54 million US dollars a year earlier."The 2010 forex earning exceeded the set 515.

Jakarta (ANTARA News) - National industrial growth last year doubled to 5.1 percent from 2.6 percent the year before, fueled by growing investment, exports and public consumption, an official said.The 5.1 percent industrial growth surpassed the government-set target of 4.

Younger and less affluent users have pushed mobile phone penetration in Indonesia to almost triple what it was five years ago, according to a Nielsen survey.Out of 15,000 respondents from nine large cities, 54 percent said they owned a mobile phone, a 34 percent increase from a similar survey in...