Thu, May 23 2013 22:46

Chairman of the National Banking Association (Perbanas) Sigit Pramono expressed bankers` expectations about the subsidized fuel policy before Vice President Boediono during the Indonesia Banking Expo 2013 at the Jakarta Convention Center on Thursday..

Thu, May 23 2013 22:03

Bank Indonesia said it will start introducing transactions with electronic money (e-money) system of payments next month..

Thu, May 23 2013 19:12

Central bank deputy governor Halim Alamsyah said that rupiah re-denomination is aimed at creating efficiency and simplifying trade calculation..

Thu, May 23 2013 18:34

Some members of the Real Estate Developers` Association of Singapore (REDAS) are currently exploring investment opportunity in Indonesia in a meeting with officials of the Investment Coordinating Board (BKPM) and the Provincial Government of DKI Jakarta..

Thu, May 23 2013 18:07

Indonesia`s Vice President Boediono called on the country`s banks here on Thursday to increase their capital adequacy so that they could contribute to national economic growth and development..

Wed, May 22 2013 19:59

Singapore`s DBS Group said it hopes Bank Indonesia (BI) announced its approval for its proposal to acquire Bank Danamon. DBS said it knew Bank Indonesia Governor Darmin Nasution already said the Indonesian central bank approved its proposal to acquire Bank Danamon, the country`s 6th largest ....

Wed, May 22 2013 19:41

Rattan furniture with natural color from Cirebon, West Java, continues to attract Japan` market demand, according to rattan craftsmen here. Indonesian Wood and Rattan Furniture Association (WRFA) Chairman Sunoto said here on Wednesday that every country wanted different design and color, but ....

Wed, May 22 2013 19:14

The government has set up an independent team to probe the collapse of an underground training tunnel at Freeport Indonesia`s Big Gossan mine in Indonesia`s easternmost province of Papua. The team, led by mining technique professor of the Bandung Institute of Technology, is made up of experts ....

Wed, May 22 2013 19:02

Japanese chemical company PT Asahi Chemical plans to invest US$400 million to increase its production capacity. "The US$300 to US$400 million investment would be used for expanding the plant," the company`s director, Eddy Sutanto, said here on Wednesday. He said the plant capacity would be ....

Wed, May 22 2013 15:37

An economic observer said state-owned banks have bigger chances to expand and compete in Singapore if that country decides to ease its protection policy..