Saturday, 23rd August 2014
Business
  • Consumer confidence slightly weakening: BI
    3rd July 2014
    The survey conducted by Bank Indonesia (BI/the central bank) in June 2014 indicated a slight weakening of the consumers confidence index compared with that in the previous month. The consumer confidence index in June 2014 ...
  • Indonesia government ready to deal with Newmont`s move on arbitration
    3rd July 2014
    Indonesias minister of energy and mineral resources Jero Wacik said here Thursday that the government was ready to take on PT Newmont Nusa Tenggara which has challenged the ban imposed on minerals export. He said the ...
  • State companies asked to hedge dollar borrowing
    3rd July 2014
    State-Owned Enterprises Minister Dahlan Iskan said he had instructed all state companies (BUMNs) to hedge their dollar borrowings to avoid losses as a result of possible currency turmoil. "I have called on all state-owned ...
  • Investors welcome Indonesian eurobond: Chatib Basri
    3rd July 2014
    Investors have shown strong interest in Indonesias euro-denominated bond issued recently, stated Finance Minister Chatib Basri. "This shows demand or trust in Indonesia is still high," he claimed here on Thursday. ...
  • Newmont`s arbitration move regretted
    3rd July 2014
    Vice Governor of West Nusa Tenggara H Muh Amin said he regretted the PT Newmont Nusa Tenggara (NNT)s move of raising a dispute case against Indonesia with an international arbitration court over ban on export of copper ...
  • Govt, House agree to 2015 macro assumptions
    3rd July 2014
    The Indonesian government and the House of Representatives (DPR) have agreed to macro assumptions, which will lay a basis for the state budget and the implementation of government programs and policies next year. "We have ...
  • RI`s oil output forecast to increase in second half
    3rd July 2014
    The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has forecast that Indonesias crude oil production will increase in the second half of this year. The projects designed to increase oil output ...
  • Honda to invest more to build second factory in Indonesia
    3rd July 2014
    PT Honda Prospect Motor (HPM) will invest Rp3 trillion more in Indonesia to build a second car factory in the country. The decision to build the factory in Karawang, West Java, is made in facing the implementation of ...
  • Rupiah loses value against US dollar
    2nd July 2014
    The Indonesian currency rupiah lost value in interbank transaction closing at the level of 11,915 per US dollar on Wednesday weakening from earlier level of 11,863. Economic data released by the Central Bureau of Statistics ...
  • Poverty rate widens in Southeast. Sulawesi
    2nd July 2014
    The Central Bureau of Statistics (BPS) of Southeast of Sulawesi said the number of people living below the poverty line grew in the province. Around 14.05 percent or 342,260 of the provinces population of around 3 million ...