JAKARTA (JP): New airline companies will lose their licenses if they do notoperate within 12 months after the issuance of their permits, a senior aviation official said on Wednesday.

JAKARTA (JP): France Telecom, a major shareholder of PT Pramindo Ikat Nusantara, would like to continue its cooperation with PT Telkom despite some ""differences"" with the state-owned telecommunicati

JAKARTA (JP): The country's trade surplus widened to US$2.70 billion in September from $2.5 billion in August as exports recorded a consistent growth while imports remained low, at below 2…

SEOUL (JP): Like many foreign businesspeople, South Korean investors willnot spend their money in Indonesia unless the government improves the current condition of law and order in the country, helps

JAKARTA (JP): Although foreign investors are still reluctant to enter the country, several major existing companies have started to expand their businesses, Minister of Industry and Trade Luhut B. Pan

JAKARTA (JP): Mining exploration activities in Indonesia continue to drop as foreign firms are discouraged by widespread conflicts between locals andmining companies, analysts said on Tuesday.

JAKARTA (JP): Manulife Financial announced on Tuesday it has acquired a 40 percent share of PT Dharmala Sakti Sejahtera in PT Asuransi Jiwa Manulife Indonesia, raising its stake in the…

JAKARTA (JP): The Central Jakarta Commercial Court has approved PT Bakrie &Brothers' appeal to suspend the payment of its US$1.08 billion debt, the company said on Tuesday.

JAKARTA (JP): Coordinating Minister for Economic Affairs Rizal Ramli said on Tuesday that the current weakening of the rupiah should not be of a great concern because food supply was…

JAKARTA (JP): Foreigners working or living in Indonesia for more than 183 days in a 12-month period must report all their income including that gained overseas to the local tax…