Rupiah gains against US dollar17th November 2014The Indonesian currency rupiah regained some of its lost value against the US dollar in the closing trade on Monday. The currency traded at the level of 12,180 per dollar gaining from earlier level of 12,200 per dollar. ...
Jakarta composite index closes slightly higher17th November 2014The Jakarta composite index (JCI) closed slightly higher on Monday with foreign investors returning to the domestic market buying shares, analysts said. The index of the Indonesian Stock Exchange (BEI) rose 4.45 points or ...
RI President announces subsidized fuel price hike17th November 2014Indonesian President Joko Widodo here Monday evening announced the subsidized fuel price hike, saying that the decision was made effective at 00:00 am local time on early Wednesday. (*).
Creative economy employs 10% of Indonesian workforce: Businessman17th November 2014The creative economy sector should be developed as it employs about 10 percent of Indonesias total workforce, a businessman affirmed here on Monday. "Creative economy contributes by employing 11,799,568 workers or 10.65 ...
Indonesia to speak about economic reform in G-20 summit meeting15th November 2014The Indonesian government would speak about economic reform and infrastructure at the G-20 summit meeting here on Saturday. Economic reform concerns licensing procedure, land clearing and budget reform, President Joko ...
PLN to build gas fired power plant in N. Sulawesi14th November 2014The National Power Utility PLN will build a gas fired power plant in North Sulawesi to meet growing demand for power supply in the province, and the provinces of Central Sulawesi and Gorontalo . The 150-megawatt power ...
Sweden invests US$10 million in heavy machinery warehouse in Kalimantan14th November 2014Swedish company PT Volvo Indonesia has made a US$10-million investment for establishing a heavy machinery components warehouse in Balikpapan, East Kalimantan. "We store all types of components for Volvo heavy machinery, ...
EU discusses investment plan with Indonesia14th November 2014The European Union (EU) and the government of Indonesia will discuss investment plans in a business dialog, the fifth European Union-Indonesia Business Dialogue (EIBD) here on 19 November 2014. "EIBD is an annual forum ...
Current account deficit expected to improve in Q414th November 2014Bank Indonesia has stated the current account deficit will improve in the fourth quarter of 2014 as the countrys external balance has been recovering continuously.The positive trend of the external balance will persist as the ...
Rrupiah loses more value against US dollar14th November 2014The rupiah value fell again against the US dollar opening at the level of 12,205 per dollar in the first minutes of trading on Friday from earlier level of 12,200 per dollar. "The rupiah value fell again with worries over ...
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