Saturday, 27th August 2016
Business

Aircraft mechanic imports dominated Riau imports during January-June 2016

25th August 2016
The Central Bureau of Statistics (BPS) in Riau Province said non-oil imports during the January to June 2016 period were dominated by machinery or aircraft mechanics, which stood at US$238.07 million. "The value of Riau ...
Other Latest News
  • President urges HIPMI to play role in development efforts
    9 hours ago
    President Joko Widodo has asked young entrepreneurs grouped in the Association of Indonesian Young Businessmen (HIPMI) to play a role in the countrys development efforts, including in the regions. "The chairman of the ...
  • Jokowi to take drastic measures to promote ease of business
    9 hours ago
    President Joko Widodo (Jokowi) said here on Friday he would take drastic measures against ministries hindering efforts to promote ease of doing business in the country. "It is not enough to carry out small corrections. ...
  • Fed to take extra caution to raise its rate: BI
    9 hours ago
    The vast majority of market agents believe that the Federal Reserve will continue to observe extra caution and tighten its monetary policy by raising its benchmark rate, Bank Indonesia (BI) said. Deputy BI Senior Governor ...
  • President urges DPR to pursue deregulation
    14 hours ago
    President Joko Widodo has urged the House of Representatives (DPR) to pursue deregulation and not pass too many laws that hinder the countrys efforts to make progress. "We must not pass many laws. We are now cutting ...
  • Deflation predicted for August: Bank Indonesia
    18 hours ago
    Bank Indonesia predicted a decline in the prices of consumers goods for August this year . In the first three weeks of August a survey by the central bank showed a deflation of 0.06 percent month to month (mtm). ...
  • Association forecasts decline in cocoa production
    26th August 2016
    The Indonesian Cocoa Industry Association (AIKI) has forecast a 10 percent decline in domestic cocoa bean production this year compared to last years figure of 400 thousand tons. "Production last year was only 400 thousand ...
  • Many foreign banks have not complied with SMEs credit policy
    26th August 2016
    Bank Indonesia said many banks mainly branches of foreign banks have not complied with the call for setting aside at least 10 percent of their credits for micro, small and medium enterprises (SMEs) . Head of Bank ...
  • Chamber of commerce lauds president`s fisheries instruction
    26th August 2016
    The Indonesian Chamber of Commerce (KADIN) has expressed appreciation for President Joko Widodos instruction regarding the Acceleration of the National Fisheries Industry Development, as the Fisheries sector is yet to be ...
  • Govt expects to collect Rp1.18 trillion under amnesty tax redemption
    26th August 2016
    The government is expected to receive Rp1.18 trillion in tax amnesty redemption money until the end of August 2016, Finance Minister Sri Mulyani said. The minister said here on Thursday that the amount of redemption money ...
  • Pertamina reports net profit of Rp23.8 trillion in six months
    26th August 2016
    PT Pertamina reported US$1.83 billion (Rp23.8 trillion) in net profit in the first half of the year, or an increase of 221 percent from the same period last year. Chief Executive of the state-owned energy company Dwi ...