Norman Harsono

Indonesia’s sovereign wealth fund is advancing a plan to combine the asset management units of state-owned lenders to boost their regional competitiveness.

Indonesia will slash the value-added tax on economy class tickets for two months to ease the burden of rising fuel surcharges on airfare to mitigate higher energy costs triggered by the Iran war.

Indonesia’s richest man has begun selling small stakes in his listed companies as tighter ownership rules push firms to increase shares available to public investors.

The partial closure of a major landfill site on the Indonesian holiday island of Bali is forcing thousands of residents to instead burn trash in their yards, sparking widespread environmental and health concerns.

Indonesian lawmakers passed a long-awaited bill to protect the millions of domestic workers, concluding years of parliamentary debate over labor rights in Southeast Asia’s largest economy.

The Indonesia Stock Exchange plans to remove firms identified for having high shareholding concentration from some of its key indexes as part of ongoing market reforms.

A train collision near Indonesia’s capital on Monday night killed at least fourteen people, injured dozens and disrupted rail transportation, authorities said.

Hurts dozens. A train collision near Indonesia's capital on Monday night killed at least fifteen people, injured dozens and disrupted rail transportation, authorities said.

PT Bank SMBC Indonesia, a unit of Sumitomo Mitsui Banking Corp, is selling 19.9 trillion rupiah ($1.1 billion) worth of pension loans as it tilts away from its legacy business.

Indonesia is probing some of the world’s biggest palm-oil companies for suspected export abuses, adding to the upheaval in the industry days after the government announced a plan to nationalize shipments of the crop.