Jakarta (ANTARA News) - International rating agency Standard and Poor`s (S&P) has raised Indonesia`s long-term foreign currency rating to BB from BB- and affirmed its long-term local currency rating at BB+.

Jakarta (ANTARA News) - Thirty percent of Indonesian exports to China are carried out using a tariff reduction facility provided in the Asean-China Free Trade Agreement, Deputy Trade Minister Mahendra Siregar said.

The Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to help it build the proposed $1.06 billion coal-transportation railway in Sumatra unless its existing joint venture starts work by April.

The central bank on Friday lifted its growth forecasts for this year and next on the back of strong domestic demand and the accelerating global economic recovery. “Current developments are better than we had expected, as the United States recovers and also the other Asian countries improve.

Careful display: A stand at the 3rd International Furniture and Craft Fair Indonesia at the Jakarta International Expo in Kemayoran, Central Jakarta, on Thursday. Participants from European and Middle East countries as well as Hong Kong, South Korea and the US are taking part in the exhibition...

About six geothermal power plant projects, which were supposed to be built by PT PLN under the second 10,000 megawatts (MW) electricity crash program, will be transferred to private power producers (IPPs) as the state power company faces difficulties in securing financing for the projects, an...

Indonesia and Malaysia - the world’s two largest crude palm oil (CPO) producers - seek to jointly professionalize dispute management on environmental issues and public relations to counter EU negative campaigns.