Friday, 19th September 2014
Business
  • Indonesia fishermen to suffer more under Asean Economic Community
    16th September 2014
    Indonesian fishermen will suffer more when the ASEAN Economic Community is implemented in 2015, an environmentalist organization Walhi said. Under the present condition, Indonesia should not be too quick to commit itself to ...
  • Indonesia sets higher oil production target for 2015
    16th September 2014
    The government and the House of Representatives have agreed to raise the countrys oil production target to 900,000 barrels per day from 845,000 barrels set in the original draft budget. The increase could potentially mean ...
  • Indonesia's Pindad develops combat vehicle with Belgian company
    15th September 2014
    State-owned arms manufacturer PT Pindad has cooperated with Belgian Cockerill Maintenance & Ingeniere SA Defence (CMI) company to build tanks with weapon capacity ranging from 25- to 105-millimeter caliber. "At the ...
  • BI not worried by inflation triggered by BBM price hike
    15th September 2014
    Bank Indonesia said it is not worried by inflation triggered by plan to raise the prices of subsidized oil fuel (BBM) before the end of this year. "No need for too much concern . It would have a short term effect. In two or ...
  • House agrees to oil lifting target of 900 thousand bpd
    15th September 2014
    Commission VII on Energy Affairs of the House of Representatives has agreed to set the crude and condensate lifting target in the Draft 2015 State Budget (RAPBN) at 900 thousand barrels per day (bpd). Commission VII ...
  • Singapore Airlines targeting eastern Indonesia flight
    12th September 2014
    SilkAir, a subsidiary company of Singapore Airlines, has targeted the flight market in eastern Indonesia to boost its flights operation. "The eastern part of Indonesia has a potential market, which we believe will increase ...
  • BI expects govt to raise fuel prices before Fed rate hike
    12th September 2014
    Bank Indonesia (BI) expects the next government will increase prices of subsidized fuels before the Federal Reserve raises the Fed fund rate, probably in mid-2015. "It would be better if prices are raised in the fourth ...
  • Jakarta index closes higher
    12th September 2014
    The Jakarta composite index (JCI) closed higher on Friday amid profit taking by foreign investors, analysts said. The index of the Indonesian Stock Exchange (BEI) rose 10.67 points or 0.21 percent to 5,143.71 points with ...
  • BI to enforce stringent monetary policy to achieve inflation target
    12th September 2014
    Bank Indonesia (BI) will implement a stringent monetary policy until the end of 2014 to achieve the inflation target, improve the current account deficit, and anticipate the impact of the global economic policy. "In ...
  • State-owned reassurance company to operate by 2015: minister
    11th September 2014
    The Minister of State-owned Enterprises Dahlan Iskan announced that on January 1, 2015, Indonesia officially has a state-owned reassurance company by combining four reassurance companies. They are Reasuransi Internasional ...