Temasek Holdings is poised to spend US$300 million on a key stake in a major hypermart operator in Indonesia. The move will give the Singapore investment firm a stake in the country's fast-growing consumer segment.

Indonesian inflation hit a four-year high on a monthly basis in January as food prices soared following severe flooding across the country, an official said on Friday.

Indonesia may hold the key to a US$1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on talks later this year in Bali, when trade ministers hope to cut through some of the red tape that slows global commerce.

Indonesia's remarkable economic growth has failed to translate into the eradication of poverty and the closing of the gap between the haves and the have nots, President Susilo Bambang Yudhoyono said yesterday.

The Indonesian Trade Ministry will pass a new rule on restaurant franchising that aims to encourage more local businesses to become involved in the fast-growing restaurant business through third-party ownership.

Months behind schedule, the construction crew racing to finish a highway encircling Indonesia's traffic-choked capital is being blocked by a determined group of locals and the ramshackle cemetery that is home to their ancestors.

Indonesia tops the list of nine Asian countries that will reap benefits from the economic reforms recently unveiled by Japanese Prime Minister Shinzo Abe in his bid for stronger domestic demand and a weaker yen, Credit Suisse says.

Indonesia wants to use the Asia-Pacific Economic Cooperation (APEC) Summit and the World Trade Organization (WTO) Ministerial Meeting that it will host this year to boost its diplomatic stature and reap greater economic gains.

Inflation in Indonesia slowed in December, an official said Wednesday, with fuel subsidies keeping consumer prices tame throughout the year.

In an attempt to meet the country's expected industrial growth by the end of 2013, Indonesia's Industry Ministry has recommended that labor-intensive firms, including textile, garment and shoe manufacturers, be exempted from adopting a new minimum wage in the new year.