Friday, 31st July 2015
Business
  • Bank Indonesia maintains reference rate at 7.5%
    18th June 2015
    Bank Indonesia (BI) decided to maintain its reference rate at 7.5 percent on Thursday for the fourth consecutive occasion after it reduced the rate by 25 basis points in February. The Indonesia central banks board of ...
  • President Jokowi issues regulation on food price stability
    18th June 2015
    President Joko Widodo (Jokowi) has issued Presidential Regulation No. 71 of 2015 on Pricing and Storage of Basic Needs and Important Goods. Signed on June 15, 2015, the presidential regulation is intended to guarantee ...
  • Three Indonesian ministers coordinating to reduce dwelling time
    18th June 2015
    Three ministers met here on Thursday to coordinate in a bid to reduce the dwelling time at ports, which now still stands at around 5.5 days. Trade Minister Rachmat Gobel, Transportation Minister Ignasius Jonan, and ...
  • Jatigede reservoir`s construction should be completed soon: President Jokowi
    18th June 2015
    The construction of Jatigede reservoir in Sumedang, West Java, should be completed soon with the settlement of land acquisition problems, President Joko Widodo (Jokowi) remarked. "The development of Jatigede reservoir has ...
  • Batam promotes investment potential in Japan
    17th June 2015
    The Batam Management Authority (BP Batam), in cooperation with Nikkei Kogyo Shimbun, organized a seminar and business gathering in Nagoya, Japan, to promote investment in the free trade zone of Batam. "Japan is one of the ...
  • President Jokowi hopes Indonesia to become shariah financial center
    14th June 2015
    President Joko Widodo (Jokowi) has expressed hope that Indonesia will become a shariah financial center in view of the countrys huge potentials. "I hail the launch of the campaign. We indeed need to pay attention to ...
  • Waskita Karya to launch right issue
    12th June 2015
    Publicly traded construction company PT Waskita Karya Tbk (WSKT) plans right issue for 3.653 billion of its right shares or 26.9 percent of its paid up capital in value. The company said each holder of 100,000 shares has a ...
  • Infonesia Labor Ministry appreciates Newmont`s agreement with workers
    12th June 2015
    The labor ministry said it appreciates a cooperation agreement (PKB) reached between PT Newmont Nusa Tenggara (NNT) with its unit of labor union. The ministry noted there are changes in the new agreement which are considered ...
  • Indonesian govt to waive visa requirements for 30 more countries
    12th June 2015
    The Indonesian government plans to waive visa requirements for 30 more countries from July 1 to attract more tourists. "The free visa facility may increase the number of tourist arrivals," Deputy for Overseas Tourism ...
  • US-Indonesia deepen cooperation on aviation
    11th June 2015
    U.S. Federally Funded Research and Development Center MITRE signed a Memorandum of Understanding (MOU) on Tuesday with Airnav Indonesia, as well as with Angkasa Pura II, agreeing to cooperate on technical aviation ...