Friday, 24th October 2014
Business
  • CPO biodiesel to help lower state expenditure by US$2.43 bln
    16th October 2014
    The use of crude palm oil (CPO) as biodiesel fuel can reduce the state expenditure by US$2.43 billion, according to the Indonesian Chamber of Commerce and Industry (Kadin). "The state expenditure could be economized by ...
  • Dahlan ready to continue developing electric car program
    16th October 2014
    State Enterprises Minister Dahlan Iskan announced that he would resume work on his electric car program if he is not re-appointed as minister in the new Indonesian governments cabinet. "I will resume it (electric car ...
  • Jakarta composite index opens lower
    16th October 2014
    After closing higher on Wednesday, the Jakarta composite index opened lower on Thursday to follow negative sentiment over global economic worries. The index of the Indonesian Stock Exchange (BEI) dropped 29.64 points or ...
  • Importers urge govt to establish import exchange rate
    15th October 2014
    The Indonesian National Importers Association (GINSI) in North Sumatra has urged the government to draw a policy on the Rupiah to US dollar exchange rate with regard to imports especially of capital goods. "A policy is ...
  • Jakarta composite index closes higher
    15th October 2014
    The Jakarta composite index (JCI) closed 0.82 percent higher on Wednesday to follow the regional trend. The index of the Indonesian Stock Exchange (BEI) rose 48.35 points to 4,962.94 points with index of 45 most liquid ...
  • Fewer graduates majoring in fisheries interested in marine sector jobs: CORE
    15th October 2014
    Several college graduates majoring in fisheries are showing less interest in taking up jobs in the marine sector, which currently requires qualified human resources to transform Indonesia into a maritime axis, noted an observer, ...
  • US$8 billion needed to build Indonesia LNG receiving terminals
    15th October 2014
    Deputy general chairman of the Indonesian Chamber of Commerce and Industry for backward regions Natsir Mansyur said around US$8 billion is needed to build Liquefied Natural Gas (LNG) receiving terminals in all Indonesian 33 ...
  • Tax receipts expected to fall short of target
    15th October 2014
    Director General of Taxation Fuad Rahmany has predicted that tax receipts in 2014 will fall short of the target of Rp1,072.3 trillion set by the government."Hopefully, 94 percent of the target could be achieved," he said after ...
  • Government to build Manado--Bitung toll road
    13th October 2014
    Chief Economics Minister Chairul Tanjung has said North Sulawesi will build a 39 kilometer toll road linking Manado and Bitung. The project to be built in two sections, will cost around Rp4.16 trillion, Chairul said here ...
  • Indonesia needs to anticipate Fed`s interest rate policy: Economist
    12th October 2014
    Indonesia needs to anticipate the impact of the Federal Reserve (Fed)s policy on increasing its interest rate in the first quarter of 2015 that can possibly cause a new economic crisis, an economist said. "That central bank ...