Wednesday, 4th May 2016
Business
  • President orders ministries to cut budgets
    14th April 2016
    President Joko Widodo has asked ministries and state institutions to cut their budgets to a total of Rp50 trillion to adjust the planned revisions in the current national budget. "All ministries and state institutions must ...
  • President Jokowi urges to end old budget-making tradition
    13th April 2016
    President Joko Widodo (Jokowi) has urged to put a stop to the old budget-making tradition in order to improve the effectiveness and efficiency of the national financial planning process. "We do not want a repetition of the ...
  • WTO hails Indonesian economic reforms
    13th April 2016
    Director General of the World Trade Organization (WTO) Roberto Azevedo has lauded Indonesias economic reforms currently being carried out by President Joko Widodo (Jokowi). Indonesian Trade Minister Thomas Lembong made the ...
  • Jakarta index closes higher
    13th April 2016
    The Jakarta composite extended gain on Wednesday closing 23.43 points higher on regional sentiment. The index of the Indonesian Stock Exchange (BEI) rose 0.43 percent to 4,853.01 points with the index of the 435 most ...
  • Govt considering imposing excise duty on plastic packs
    13th April 2016
    The Finance Ministry is considering imposing excise duty on plastic packs as part of its efforts to expand the number of objects on which excise is levied. "Indonesia is still short of excisable objects. We are considering ...
  • BKPM offers Danish Minister four sectors to invest in
    12th April 2016
    The head of Indonesia Investment Coordinating Board (BKPM) Franky Sibarani offered Danish Minister for the Environment and Food Esben Lund Larsen, four interesting sectors to invest in. "We invite the European investors, ...
  • Indonesian govt keen to establish partnership with EU: Minister
    12th April 2016
    The Indonesian government demonstrated its seriousness to discuss a Comprehensive Economic Partnership Agreement (CEPA) with the European Union (EU) countries by attending a discussion on the agreement document (scoping paper) ...
  • BNI chalks up Rp2.9 trillion in net profit in first quarter
    12th April 2016
    Publicly traded lender PT. Bank Negara Indonesia Persero Tbk reported Rp2.9 trillion in net profit in the first quarter of this year up 5.5 percent year-on-year. The profit was attributable mainly to net interest income ...
  • Indonesian govt to simplify regulations to realize one million houses program: Senior Minister
    12th April 2016
    The government will soon ease regulations that hinder the implementation of the one million houses program for the people, according to Coordinating Minister for Economy Darmin Nasution. "We need to simplify regulations," ...
  • Indonesia, Denmark strengthen agriculture cooperation
    12th April 2016
    The governments of Indonesia and Denmark have agreed to strengthen cooperation in the agriculture field through the signing of a memorandum of understanding (MoU) between the relevant ministers of the two countries here on ...