Sri Mulyani Indrawati, Indonesia’s well-regarded finance minister, will leave Jakarta next month to take a senior position with the World Bank in a move that could have long-term consequences for the country’s booming economy, stock market and anti-corruption drive.

Jakarta (ANTARA News) - The government, under decree of the Finance Minister No 24/PMK.011/2010, is giving a fiscal incentive to upstream natural oil and gas as well as geothermal explorations. Finance ministry spokesman Harry Z Soeratin said in Jakarta Tuesday the fiscal incentive is given under...

Jakarta (ANTARA News) - Indonesia`s processed wood exports in the first quarter of 2010 soared 1,270 percent to 3.15 million cu meters from the same period last year. "Demand in the international market began to recover from the global financial crisis in the first quarter of 2010.

The Ministry of Public Housing is drafting a revision of a government regulation that will allow foreigners aged at least 55 years old to own property in the country. Housing Minister Suharso Monoarfa said Tuesday the revision was expected to be completed at the end of this month and submitted to...