Friday, 1st August 2014
Business
  • Jakarta composite index closes lower, rupiah gains
    6 days ago
    The Jakarta composite index (JCI) closed lower on Friday on investors concerned with political uncertainty over claims of massive election rigging. The index of the Indonesian Stock Exchange (BEI) fell 0.19 percent ...
  • Jokowi launches beef market operation
    24th July 2014
    Jakarta Governor Joko Widodo, better known as Jokowi, inaugurated the launch of a Beef Market Operation to meet the increased demand for meat in view of the Idul Fitri celebrations after the fasting period ends. "I ...
  • Jakarta index closes higher, rupiah down
    24th July 2014
    The Jakarta composite index (JCI) extend again on Thursday with investors buying more than selling shares, analysts said. The index of the Indonesian Stock Exchange (BEI) closed slightly or 0.11 percent higher at 5,098.64 ...
  • New government to consider adequate fiscal requirement: Finance minister
    23rd July 2014
    Finance Minister Chatib Basri said that the new government should contemplate adequate fiscal requirement to carry out programs and support economic growth. "I believe that the governments revenue will not be good and with ...
  • Market players waiting for definitive election results: Chairul Tanjung
    23rd July 2014
    Chief economic minister Chairul Tanjung said here on Wednesday that markets players were awaiting the definitive results of the presidential election, despite KPUs official announcement on Tuesday evening. "If any party ...
  • Jakarta index closes higher on Wednesday
    23rd July 2014
    The Jakarta composite index (JCI) extended gain on Wednesday with foreign investors buying more than selling shares. The index of the Indonesian Stock Exchange (BEI) closed 9.7 points or 0.19 percent higher at 5,093.23 ...
  • Transaction in Priok seaport should be in rupiah
    21st July 2014
    Coordinating Minister for Economic Affairs Chairul Tanjung has reminded all parties that every transaction in Jakartas Tanjung Priok seaport should be conducted using rupiah currency in accordance with the Law No. 7 of 2011. ...
  • BKPM believes Newmont case will not affect investments
    21st July 2014
    The Head of the Investment Coordinating Board (BKPM), Mahendra Siregar, said he believed the lawsuit filed by PT Newmont Nusa Tenggara would not affect investment in the mining sector. Speaking on Monday, Mahendra said he ...
  • Indonesian government prepares counter-lawsuit against Newmont
    21st July 2014
    The Indonesian government is preparing a counter-lawsuit against PT Newmont Nusa Tenggara and has set up a team to handle the ongoing dispute with the mining company. "We have prepared follow-up measures, including a ...
  • Jakarta index closes higher on Monday, rupiah gains against US dollar
    21st July 2014
    The Jakarta composite index (JCI) extended gain closing higher on Monday with investors buying more than selling shares, analysts said. The index of the Indonesian Stock Exchange (BEI) closed 40.1 points or 0.79 percent ...