Friday, 20th January 2017
Business
  • Indonesian govt to buy Freeport shares immediately
    18th January 2017
    The Indonesian government wishes to buy shares of PT Freeport Indonesia immediately up to 51 percent to meet Government Regulation Number 1, 2017. "We wish to immediately buy Freeport shares. Do not we have a mining ...
  • Japan to submit proposal for railway project
    17th January 2017
    Japan will submit an initial proposal to cooperate in the revitalization of the Jakarta-Surabaya railway lines, Indonesian Transportation Minister Budi Karya Sumadi said here on Monday. Based on the results of the meeting ...
  • Indonesia`s foreign debt drops US$7.2 billion
    17th January 2017
    Indonesias foreign debt dropped US$72 billion to US$316.0 billion in November 2016 from US$323.2 billion in October 2016, according to Bank Indonesia on Monday. The decrease in debt was driven by slow withdrawals of both ...
  • Problems in spatial planning to hamper development: Minister Nasution
    16th January 2017
    Indonesias Coordinating Minister for Economic Affairs, Darmin Nasution, said problems in spatial planning could hamper development of infrastructure and national strategic projects (PSN). The problem would become an ...
  • Indonesian govt to optimize tax receipts through database
    16th January 2017
    The optimization of tax revenues in 2017 and efforts to improve the tax ratio, which is still low, will be conducted through the use of a taxation database, according to Finance Minister Sri Mulyani Indrawati. "We will see ...
  • Bank Sulutgo more than double profit in 2016
    16th January 2017
    Bank Sulawesi Utara dan Gorontalo (Sulutgo) reported Rp266.7 billion in net profit in 2016 after shrinking 20.55 percent to Rp126.91 billion in 2015 from the previous year. In 2015, the bank, which is owned jointly by ...
  • Indonesia`s imports in 2016 down 5 percent from 2015
    16th January 2017
    The Central Bureau of Statistics (BPS) said the countrys imports were valued at US$135.65 billion in 2016, or 4.94 percent lower than imports in the previous year. BPS chief Suhariyanto said oil and gas accounted for ...
  • Indonesia`s trade balance sees US$8.78 billion surplus
    16th January 2017
    Indonesias 2016 trade balance saw a surplus of US$8.78 billion compared to 2015, driven by a 1.99 percent rise in exports during December, according to the Central Statistics Agency (BPS). According to BPS Chief Suhariyanto ...
  • Mulyani targeting professionals in third round of tax amnesty program
    16th January 2017
    Finance Minister Sri Mulyani is targeting professionals who have yet to declare their wealth and assets, as the participants in the third round of the tax amnesty program. "The opportunity will last only for three months. ...
  • Ministry issues regulation to expedite rural electrification
    16th January 2017
    The Energy and Mineral Resources Ministry (ESDM) has issued a ministerial regulation (Permen) to expedite the process of providing electricity to 2,500 villages in the country. "This is a government breakthrough in ...