UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-6024

                            The Indonesia Fund, Inc.
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               (Exact name of registrant as specified in charter)


                    c/o Credit Suisse Asset Management, LLC
                              466 Lexington Avenue
                            New York, New York 10017
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              (Address of principal executive offices) (Zip code)

                               J. Kevin Gao, Esq.
                              466 Lexington Avenue
                            New York, New York 10017
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                    (Name and address of agent for service)

Registrant's telephone number, including area code: (212) 875-3500

Date of fiscal year end: 12/31
Date of reporting period: July 1, 2005 - June 30, 2006


ITEM 1. PROXY VOTING RECORD

The Indonesia Fund, Inc.



=========================== THE INDONESIA FUND, INC. ===========================


CHI MEI OPTOELECTRONICS CORP.

Ticker:                      Security ID:  167064104
Meeting Date: MAR 31, 2006   Meeting Type: Annual
Record Date:  MAR 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THE PROPOSED OFFERING OF UP TO            For       For        Management
      350,000,000 COMMON SHARES AT PAR VALUE OF
      NT$10 THROUGH PRIVATE PLACEMENT PURSUANT
      TO ARTICLE 43-6 OF THE ROC SECURITIES AND
      EXCHANGE LAW.
2     AMENDMENT TO THE ARTICLES OF              For       Against    Management
      INCORPORATION.


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ITALIAN-THAI DEVELOPMENT PUBLIC CO LTD

Ticker:                      Security ID:  Y4211C210
Meeting Date: MAR 30, 2006   Meeting Type: Annual
Record Date:  MAR 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept 2005 Operational Results           For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Partial Profits as  For       For        Management
      Legal Reserve
5     Approve Payment of Dividend of Baht 0.06  For       Against    Management
      Per Share
6     Elect Directors and Fix Remuneration of   For       For        Management
      Directors and Audit Committee
7     Approve Auditors and Fix Their            For       For        Management
      Remuneration
8     Authorize Issuance of Debentures Not      For       For        Management
      Exceeding Baht 10.0 Billion or its
      Equivalent in Other Currency
9     Other Business                            For       Against    Management


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KRUNG THAI BANK  PCL

Ticker:                      Security ID:  Y49885208
Meeting Date: APR 21, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of Baht 0.6545 Per Share for
      Preferred Shareholders and Baht 0.5 Per
      Share for Ordinary Shareholders
5     Approve Remuneration of Directors         For       For        Management
6.1   Reelect Apisak Tantivorawong as Director  For       For        Management
6.2   Reelect Uttama Savanayana as Director     For       For        Management
6.3   Reelect Sima Simananta as Director        For       For        Management
6.4   Reelect Jamlong Atikul as Director        For       For        Management
6.5   Elect Visuit Montrivat as Director        For       For        Management
7     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 100 Billion or its
      Equivalent in Other Currency
8     Approve Office of the Auditor General of  For       For        Management
      Thailand as Auditors and Authorize Board
      to Fix Their Remuneration
9     Amend Clause 3 of the Memorandum of       For       For        Management
      Association Re: Company Objectives
10    Other Business                            For       Against    Management


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PT BANK CENTRAL ASIA TBK

Ticker:                      Security ID:  Y7123P120
Meeting Date: MAY 15, 2006   Meeting Type: Special
Record Date:  APR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Against    Management


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PT BANK CENTRAL ASIA TBK

Ticker:                      Security ID:  Y7123P120
Meeting Date: MAY 15, 2006   Meeting Type: Annual
Record Date:  APR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Financial Statements and          For       For        Management
      Discharge of Directors and Commissioners
3     Approve Allocation of Income              For       For        Management
4     Elect Directors and Commissioners         For       For        Management
5     Approve Remuneration of Directors and     For       For        Management
      Commissioners
6     Approve Siddharta Siddharta & Rekan as    For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Interim Dividends of IDR 50 Per   For       For        Management
      Share
8     Report on Management Stock Option Program For       Against    Management


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PT BANK CENTRAL ASIA TBK

Ticker:                      Security ID:  Y7123P120
Meeting Date: NOV 25, 2005   Meeting Type: Special
Record Date:  NOV 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Long-Term Lease Transaction with  For       Against    Management
      PT Grand Indonesia


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PT BANK DANAMON INDONESIA TBK

Ticker:                      Security ID:  Y71188190
Meeting Date: MAY 22, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge of Directors and Commissioners
2     Approve Allocation of Income and          For       For        Management
      Dividends of IDR 66.7
3     Elect Directors and Commissioners         For       For        Management
4     Approve Delegation of Duties and          For       For        Management
      Remuneration of Directors
5     Approve Delegation of Duties and          For       For        Management
      Remuneration of Commissioners
6     Approve Haryanto Sahari & Rekan as        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Report on Formation of Audit Committee    For       For        Management
      and Risk Monitoring Committee


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PT BANK INTERNASIONAL INDONESIA

Ticker:                      Security ID:  Y7118M389
Meeting Date: APR 4, 2006    Meeting Type: Special
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Against    Management


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PT BANK INTERNASIONAL INDONESIA

Ticker:                      Security ID:  Y7118M389
Meeting Date: APR 4, 2006    Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of IDR 5.15
3     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Elect Directors and Commissioners         For       For        Management
5     Approve Remuneration of Commissioners,    For       For        Management
      Delegation of Duties
6     Approve Remuneration of Syariah Council,  For       For        Management
      Delegation of Duties


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PT BANK RAKYAT INDONESIA (PERSERO) TBK

Ticker:                      Security ID:  Y0697U104
Meeting Date: JAN 26, 2006   Meeting Type: Special
Record Date:  JAN 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management
2     Amend Articles of Association             For       Against    Management


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PT BUMI RESOURCES TBK

Ticker:                      Security ID:  Y7122M110
Meeting Date: MAY 17, 2006   Meeting Type: Special
Record Date:  APR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Shares in Subsidiaries    For       Did Not    Management
                                                          Vote
2     Approve Pledging of Assets for Debt       For       Did Not    Management
                                                          Vote
3     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
4     Elect Directors and Commissioners         For       Did Not    Management
                                                          Vote
5     Approve Omission of Dividends             For       Did Not    Management
                                                          Vote


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PT ENERGI MEGA PERSADA TBK

Ticker:                      Security ID:  Y71233103
Meeting Date: DEC 22, 2005   Meeting Type: Special
Record Date:  DEC 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management
2     Approve Acquisition of Assets of PT Mitra For       Against    Management
      Andalan Mandiri
3     Approve Increase in Authorized Capital    For       Against    Management
4     Amend Articles of Association to Reflect  For       Against    Management
      Increase in Authorized Capital
5     Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Preemptive
      Rights
6     Approve Increase in Paid-up Capital       For       Against    Management
7     Amend Articles to Reflect Issuance of     For       Against    Management
      Equity or Equity-Linked Securities with
      Preemptive Rights
8     Approve Pledging of Assets for Debt       For       Against    Management
9     Approve Allocation of Income              For       For        Management
10a   Report on Board of Commissioners'         For       For        Management
      Decision on Changes to Audit Committee
      Composition
10b   Report on Utilization of Profits          For                  Management
      Generated from Public Offer


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PT INDOCEMENT TUNGGAL PRAKARSA TBK

Ticker:                      Security ID:  Y7127B135
Meeting Date: MAR 29, 2006   Meeting Type: Special
Record Date:  MAR 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Corporate Guarantees              For       For        Management
2     Approve Operational Transactions          For       For        Management


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PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:                      Security ID:  Y7130D110
Meeting Date: DEC 22, 2005   Meeting Type: Special
Record Date:  DEC 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Deputy President Director           For       For        Management


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PT KALBE FARMA TBK

Ticker:                      Security ID:  Y71287182
Meeting Date: NOV 29, 2005   Meeting Type: Special
Record Date:  NOV 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with PT Dankos   For       For        Management
      Laboratories and PT Kalbe Farma
2     Authorize Board to Ratify and Execute All For       For        Management
      Matters Related to Merger Agreement
3     Amend Articles of Association Pursuant to For       For        Management
      Merger Agreement
4     Elect Directors and Commissioners         For       For        Management


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PT MATAHARI PUTRA PRIMA TBK

Ticker:                      Security ID:  Y71294139
Meeting Date: MAR 31, 2006   Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Elect Directors and Commissioners, Fix    For       For        Management
      Their Remuneration
6     Other Business                            For       Against    Management


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PT MEDCO ENERGI INTERNASIONAL (FORMERLY PT MEDCO ENERGI CORP.)

Ticker:                      Security ID:  Y7129J136
Meeting Date: MAY 5, 2006    Meeting Type: Special
Record Date:  APR 19, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Decision to Reissue Repurchased     For       Against    Management
      Shares


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PT MEDCO ENERGI INTERNASIONAL (FORMERLY PT MEDCO ENERGI CORP.)

Ticker:                      Security ID:  Y7129J136
Meeting Date: MAY 5, 2006    Meeting Type: Annual
Record Date:  APR 19, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Annual Report and Approve          For       For        Management
      Discharge of Directors and Commissioners
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Omission For       For        Management
      of Dividends
4     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Elect Commissioners                       For       For        Management
6     Approve Remuneration of Directors and     For       For        Management
      Commissioners


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PT MEDCO ENERGI INTERNASIONAL (FORMERLY PT MEDCO ENERGI CORP.)

Ticker:                      Security ID:  Y7129J136
Meeting Date: NOV 24, 2005   Meeting Type: Special
Record Date:  NOV 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors                           For       For        Management


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PT MULTIPOLAR CORPORATION TBK

Ticker:                      Security ID:  Y7132F113
Meeting Date: APR 7, 2006    Meeting Type: Annual
Record Date:  MAR 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Ratify Restructuring Plan                 For       Against    Management
3     Approve Allocation of Income              For       For        Management
4     Approve AAJ Associates as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
5     Elect Directors and Commissioners, Fix    For       For        Management
      Their Remuneration
6     Other Business                            For       Against    Management


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PT SUMMARECON AGUNG TBK

Ticker:                      Security ID:  Y8198G144
Meeting Date: OCT 28, 2005   Meeting Type: Special
Record Date:  OCT 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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PT TELEKOMUNIKASI INDONESIA TBK

Ticker:                      Security ID:  Y71474137
Meeting Date: DEC 21, 2005   Meeting Type: Special
Record Date:  DEC 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Against    Management
2     Authorize Share Repurchase Program        For       For        Management
3     Approve Remuneration of Directors         For       For        Management


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PT UNITED TRACTORS

Ticker:                      Security ID:  Y7146Y140
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  APR 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of IDR 35 Per Share
3     Elect Directors and Fix Their             For       For        Management
      Remuneration
4     Approve Haryanto Sahari & Rekan as        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


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SCOMI GROUP BERHAD

Ticker:                      Security ID:  Y7677T106
Meeting Date: JUL 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Subscription for 173.91  For       For        Management
      Million New Ordinary Shares of MYR 1.00
      Each in Habib Corporation Bhd (Habib) at
      an Issue Price of MYR 1.15 Each for a
      Cash Consideration of MYR 200 Million
2     Approve Proposed Subscription for All or  For       For        Management
      Any Part of the Redeemable Convertible
      Cumulative Preference Shares in Habib
      (Habib RCCPS) Comprising 160 Million New
      Habib RCCPS at an Issue Price of MYR 1.00
      Each for a Cash Consideration of Up to
      MYR 160 Million


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SEMBCORP INDUSTRIES LIMITED

Ticker:                      Security ID:  Y79711159
Meeting Date: APR 27, 2006   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Mandate for Transactions with     For       For        Management
      Related Parties
2     Amend Articles of Association             For       For        Management
3     Authorize Share Repurchase Program        For       For        Management


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SEMBCORP INDUSTRIES LIMITED

Ticker:                      Security ID:  Y79711159
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.065 Per   For       For        Management
      Share
3     Reelect K Shanmugam as Director           For       For        Management
4     Reelect Goh Geok Ling as Director         For       For        Management
5     Reelect Richard Hale OBE as Director      For       For        Management
6     Reelect Tang Kin Fei as Director          For       For        Management
7     Reelect Lee Suet Fern as Director         For       For        Management
8     Approve Directors' Fees of SGD 643,083    For       For        Management
      for the Year Ended Dec. 31, 2005 (2004:
      SGD 635,166)
9     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
11    Approve Issuance of Shares and Grant of   For       Against    Management
      Options and/or Awards Pursuant to the
      SembCorp Industries Share Option Plan,
      SembCorp Industries Performance Share
      Plan, and SembCorp Industries Restricted
      Stock Plan


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SINO-THAI ENGINEERING & CONSTRUCTION PUBLIC CO LTD

Ticker:                      Security ID:  Y8048P229
Meeting Date: APR 28, 2006   Meeting Type: Annual
Record Date:  APR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM and EGM   For       For        Management
2     Accept Directors' Report and Annual       For       For        Management
      Report
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of Baht 0.23 Per Share
5.1   Elect Chavarat Charnvirakul as Director   For       For        Management
5.2   Elect Sanong Wattanavrangkul as Director  For       For        Management
5.3   Elect Thanathip Vidhayasirinum as         For       For        Management
      Director
6     Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Remuneration of Directors and     For       For        Management
      Audit Committee Members
8     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 3 Billion or its
      Equivalent in Other Currency
9     Other Business                            For       Against    Management



                                   SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.

         The Indonesia Fund, Inc.

By:      /s/ Steven Plump
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         Steven Plump
         Chief Executive Officer

Date:    August 25, 2006