Wednesday, 27th July 2016
Business
  • Indonesia`s alms potential reaches Rp286 trillion
    30th June 2016
    The National Alms Agency (Baznas) had forecast that Indonesia could potentially collect some Rp286 trillion as alms in 2015, although the amount of funds gathered was rather low. According to information revealed in 2011, ...
  • United States` investors to fund startup business in Indonesia
    30th June 2016
    The Indonesian Capital Investment Coordinating Board (BKPM) has identified that certain venture capital companies of the United States wanted to fund various startup projects or businesses in Indonesia. Head of BKPM Franky ...
  • ADB agrees to extend $500 million loan to Indonesia
    30th June 2016
    The Asian Development Bank (ADB) has agreed to extend US$500 million in loans to Indonesia to boost public-private cooperation in financing infrastructure projects. The bank agreed to extend the loan after the Indonesian ...
  • Repatriation of capital to trigger economic growth: Minister
    30th June 2016
    Finance Minister Bambang Brodjonegoro expressed optimism that the tax amnesty policy would trigger economic growth. "Repatriation of capital prompted by tax amnesty would boost investment," Bambang told reporters in a press ...
  • Tax amnesty applies to all taxpayers: Minister
    30th June 2016
    Tax amnesty policy applies to all taxpayers, large as well as small, Finance Minister Bambang Brodjonegoro has stated. "It applies to all, not just large taxpayers. It covers small taxpayers as well," he said at a press ...
  • President wants Natuna to be regional fish auction center
    30th June 2016
    Indonesian President Joko Widodo wishes to turn Natuna into a regional fish auction center, Coordinating Minister for Maritime Affairs Rizal Ramli said here on Wednesday. "The president reiterated the importance of making ...
  • BI to regulate online trade payments
    30th June 2016
    The Bank of Indonesia (BI) will soon release a set of regulations to handle e-commerce payment system in view of the rapid growth of online trade. BI Deputy Governor Ronald Waas said in Jakarta on Wednesday that the Bank ...
  • President Jokowi focusing on boosting Natuna`s fisheries sector
    29th June 2016
    President Joko Widodo (Jokowi) is keen to boost the fisheries sector in Natuna, Riau Islands, as only 8.9 percent of its full potential is being utilized at the moment. "Only 8.9 percent of Natunas fisheries potential is ...
  • Bank Indonesia revises down bank credits growth target
    29th June 2016
    Bank Indonesia predicted slowdown in the bank credits saying credits are expected to grow only 8-10 percent year-on-year in 2016. The prediction is more conservative compared with its earlier prediction putting credit ...
  • Sriwijaya Air to serve regular flights to four cities in China
    28th June 2016
    Sriwijaya Air will be serving regular flights to four cities in China by the end of 2016, Senior Manager, Corporate Communications of the Sriwijaya Air Group, Agus, said here on Tuesday. Flights will operate along ...