Monday, 28th July 2014
Business
  • Foreign banks targeting Indonesian banking market
    14th June 2014
    PT Bank Negara Indonesias chief economist Ryan Kiryanto said here on Saturday that foreign banks are eyeing further expansion into Indonesia's banking sector. "Many public funds have yet to enter banks and many regions in ...
  • Indonesia govt to import more beef before fasting month: Minister
    14th June 2014
    Trade Minister Muhammad Lutfi said the government would import more beef to meet the increasing demand prior to Ramadan, the Islamic fasting month, and the post-fasting holiday. Imports of beef will be larger than in the ...
  • Murphy Oil drills two exploration wells in Papua
    14th June 2014
    Murphy Oil is drilling two oil exploration wells in Semai II Block, Fak-Fak offshore, West Papua, at a cost of US$30 to 50 million, according to officials. Bambang Dwi Djanuarto, the spokesman of the Papua and Muluku ...
  • Freeport makes great contribution to Papua: Envoy
    14th June 2014
    PT Freeport Indonesia, in Mimika district, Papua province, has made significant contributions to the province, according to US Ambassador to Indonesia Robert Blake. "I see how Freeport is making unprecedented and much ...
  • Eastern regions of Indonesia need fast infrastructure development: Kalla
    14th June 2014
    Indonesias eastern regions need fast infrastructure development to improve the welfare of the people there, vice presidential candidate M. Jusuf Kalla said. "And it needs our seriousness. Electricity and infrastructure ...
  • Government must change paradigm of energy use
    13th June 2014
    The National Energy Council (DEN) said the government must be prepared to change the paradigm of energy use from being exported to being maintained to boost national development. The shift in the paradigm of energy use is ...
  • BPK reminds government of long delayed Sunda Strait bridge project
    13th June 2014
    The Supreme Auditing Agency (BPK) has reminded the government of long delayed big project of Sunda Strait bridge expressing support for immediate construction of the bridge that would link the western end of Java and southern ...
  • Jakarta composite index extends losses
    13th June 2014
    The Jakarta composite index closed 0.16 lower on Friday on profit taking prompted by new wave of conflict in Iraq, analysts said. The index of the Indonesian Stock Exchange slipped 7.74 points to 4,926.66 points with ...
  • Government to meet 46 million kiloliters of subsidized fuel quota
    13th June 2014
    The government is optimistic that it will meet its subsidized fuel quota of 46 million kiloliters as set in the revised 2014 stage budget, a deputy minister said. Deputy Minister for Energy and Mineral Resources Susilo ...
  • Jakarta composite index down
    13th June 2014
    The Jakarta composite index opened 0.14 percent lower on Friday on profit taking, analysts said. "Profit taking was prompted by falling global shares," chief researcher of Trust Securities Reza Priyambada said. The ...