Wednesday, 18th October 2017
Business
  • Indonesia`s trade balance gains US$1.72 billion in surplus
    15th September 2017
    Indonesias Central Bureau of Statistics (BPS) reported that the trade balance in August 2017 had gained a surplus of US$1.72 billion, driven by non-oil and gas trade reaching $2.41 billion in surplus. "The exports are up, ...
  • Freeport`s divestment process to be wrapped up in 2019: Luhut
    14th September 2017
    Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said the process of divesting 51 percent stake of PT Freeport Indonesia (PTFI) for Indonesia will be wrapped up in 2019. "Freeport will divest 51 ...
  • Jonan denies reports on LNG import from Singapore
    13th September 2017
    Minister of Energy and Mineral Resources (ESDM), Ignasius Jonan, rebutted the reports on the import of liquefied natural gas (LNG) from Singapore. "I think the news is not right. Singapore offers mini LNG tankers to ...
  • Rupiah strengthens 8 points to close at Rp13,192 per dollar
    13th September 2017
    The Indonesian rupiah rose eight points to close at Rp13,192 per dollar in the Jakarta inter-bank spot market on Wednesday, compared to the previous close at Rp13,200 per dollar. "The rupiah strengthened against the US ...
  • ASEAN to promote trade with Russia and EAEU
    13th September 2017
    ASEAN Economic Ministers agreed to expand trade with Russia and those grouped in the Eurasian Economic Union (EAEU). The cooperation would be cemented with a memorandum of understanding on trade expansion between the two ...
  • Indonesia assures sustainable palm oil industry development
    12th September 2017
    Deputy Minister of Foreign Affairs A.M. Fachir stated that the Indonesian government will always ensure that the domestic palm oil industry applies the principles of environmental sustainability. "Since long time, Indonesia ...
  • ASEAN, Hong Kong conclude negotiations on free trade agreement
    12th September 2017
    ASEAN and Hong Kong have concluded negotiations on a free trade agreement and a related investment agreement at the second ASEAN Economic Ministers-Hong Kong, China Consultations (AEM-HKC Consultations) held in Pasay, the ...
  • Jokowi calls for paradigm change to increase farmers` profit
    12th September 2017
    President Joko Widodo (Jokowi) has called for a paradigm change in the policy to increase farmers profit margins through agrobusiness process. "If we want to increase profit to farmers, we must change our paradigm. They ...
  • Paris` tourist buses promote "Wonderful Indonesia"
    12th September 2017
    Tourist buses in Paris, France, promote Indonesias tourism brand of "Wonderful Indonesia" for one month, starting September 12 to October 9, 2017. Chief of Visit Indonesia Tourism Office (VITO) in France, Eka Moncarre, ...
  • Government still optimistic of achieving 5.4 percent economic growth
    11th September 2017
    The Indonesian government remains optimistic that the economic growth target set at 5.4 percent would be realized despite domestic and global economic challenges next year, Finance Minister Sri Mulyani stated. "We still ...