Monday, 27th June 2016
Business
  • Brexit to bring on only temporary pressure on rupiah: Analyst
    24th June 2016
    The pressure on rupiah brought on by Brexit or Britain pulling out from the European Union, would not last long, a market analyst said. Britain decided through a referendum to pull out from the European Union battering ...
  • Closer Trade Ties Between Indonesia and Philippines
    24th June 2016
    Indonesia and the Philippines, as immediate neighboring countries, have many to offers in the fields of among other things trade, culture and security. In fact, the Philippines is  a significant trade partner as its ...
  • President`s take on economic crisis could differ from KSSK: Official
    24th June 2016
    President Joko Widodo (Jokowi) could take a decision, which is different from the recommendation of the Financial System Stability Committee (KSSK) regarding the economic crisis, a Finance Ministry official said. Fiscal ...
  • Ministry explores direct Indonesia - S Korea flight
    24th June 2016
    The Tourism Ministry is exploring the feasibility of South Korean Low-cost Carrier (LCC) serving a direct flight to Indonesia as it would help bring more tourists. "I am exploring two LCCs, namely Jeju Air and Jin Air. It ...
  • Indonesia`s food, beverage products penetrate African market
    24th June 2016
    Low calorie healthy drinks and instant food and beverage products from Indonesia have attracted a number of potential buyers at the African Big Seven (AB7) Fair held from June 19-21, 2016 in Johannesburg, South Africa. ...
  • Indonesia to have biggest reinsurance company in ASEAN
    24th June 2016
    Indonesia is targeting to have the biggest reinsurance company in ASEAN after a merger of Reasuransi Internasional Indonesia (ReIndo) with PT Reasuransi Indonesia Utama (Indonesia Re). "With total assets of Rp6 trillion ...
  • BI rate to decline again: VP
    24th June 2016
    Vice President Jusuf Kalla has hinted that Bank Indonesia (BI) will cut its benchmark interest rate again, which is known as the BI Rate, in August 2016. "God willing, it (BI Rate) will be lowered again in August in ...
  • AirAsia readies wide-bodied aircraft to serve "pemudik"
    23rd June 2016
    AirAsia Indonesia is preparing wide-bodied aircraft to serve the 2016 Idul Fitri holiday travelers, locally known as "pemudik," according to its Commercial Director Andy Adrian. Adrian remarked here on Thursday that the ...
  • House approves capital injection for 20 state companies
    23rd June 2016
    Commission VI of the House of Representatives has decided to approve state capital participation (PMN) for 20 state companies totaling Rp44.38 trillion from the amended 2016 state budget . The PMN includes Rp28.25 ...
  • House rejects capital injection for three state companies
    23rd June 2016
    The Houses Commission VI overseeing state enterprises has rejected the governments proposal for capital participation (PMN) worth Rp2.5 trillion for three state-owned companies (BUMNs). "The reason for the rejection is ...