Jakarta - Indonesia's environment minister called a Guinness World Records report "slanderous" for marking the nation's deforestation rate as the world's highest and claimed it used obsolete data, a media report said Tuesday.

The Jakarta Post reported that Indonesia has entered the Guinness Book for the second consecutive year as the nation with the highest rate of deforestation, with its forests clearing at the rate of about 52 square kilometres per day, or 300 football fields each hour.

Jakarta  - The Indonesian stock market plunged by 10.02 per cent Monday, sparked by falls of regional and international markets as investors feared the US bail-out would fail to resolve the financi

Jakarta  - Indonesia's central bank predicted the financial crisis that is rippling out from the United States to the rest of the world would shackle Indonesia's economic growth and cause a credit shortage for local business players, media reports said Monday.

"The shortage of global liquidity will be felt as a result of this crisis," said .Boediono, governor of Bank Indonesia.

"We must be prepared to face this over the next six months to one year," The Jakarta Post quoted Boediono as saying.

Jakarta (dpa) - At least 427 people were killed and more than 1,400 others injured in traffic accidents across the country during this year's Eid al-Fitr holiday season, marking the end of the Muslim fasting month of Ramadan, media reports said Sunday.

National police spokesman Abubakar Nataprawira said the figures were tabulated from reports between September 25 and October 4, with a total of 970 accidents involving 1,258 vehicles.

Jakarta - A bomb was discovered in a shopping centre Tuesday in the eastern Indonesian province of Central Sulawesi, once the centre of religious conflicts which claimed the lives of more than 1,000 people, media reports said.

Two boys found the bomb in a clothing store, wrapped in a plastic bag and hidden under the seat of a vendor. A local bomb squad secured the area and detonated the device.

The Jakarta Post quoted Palu district police chief AB Sitinjak as saying the package consisted of cable, detonator, cellphone casing and a light bulb.

Jakarta - Indonesian President Susilo Bambang Yudhoyono said he would run for a second term in next year's presidential election, so that he could press on with economic and political reforms, media reports said Monday.

"God willing, I will run again for president in 2009," Yudhoyono was quoted as saying by the state-run Antara news agency. He said he wanted to be re-elected so that he could finish the reforms he started.