Renting vehicles is common practice in Indonesia’s holiday destinations like Bali, where sightseeing is a main draw and mobility is necessary. However, one doesn’t often hear of folks renting cars in megacities like Jakarta, as most of the time they just hop into one of the many taxis swarming...

Indonesia hopes to bring billions of dollars in financial assets parked overseas back home - by pardoning past financial crimes. A Bill on tax amnesty is expected to be discussed in Parliament this year, said Finance Minister Bambang Brodjonegoro.

Investment Coordinating Board (BKPM) chairman Franky Sibarani has said the weakening of the rupiah, which has recently been above Rp 13,000 per US dollar, poses no significant problems for investors. “At meetings, we ask [investors] what they think about the rupiah exchange rate, which stands at...

Have Indonesia’s construction stocks lost their lustre? For the past two years, many of the country’s listed construction companies — often referred to as “the Karyas” or “the Works” — have soared on a seemingly endless bull run.

Jakarta (ANTARA News) - The Indonesian Investment Coordinating Board (BKPM) revealed that between October 2014 and May 2015 period, Japan, South Korea, China, and Australia have expressed keen interest to invest in Indonesia's shipping sector.

Police in Jakarta have launched an investigation into Uber after local taxi companies filed a complaint against the ride-hailing app in the latest regulatory battles to blight the company’s expansion plans in Asia.