Saturday, 25th October 2014
Business
  • Stagewise implementation of increase in subsidized fuel oil prices needed: Energy Board
    8th October 2014
    The increase in subsidized fuel oil prices should be implemented in stages in accordance with the fiscal security consideration, stated Tumiran, the Indonesian National Energy Board member. "It is better to be implemented ...
  • Jokowi pledges to stop imports of sugar hurting farmers
    8th October 2014
    President elect Joko Widodo (Jokowi) pledged on Tuesday to stop imports of sugar if imports would hurt sugar farmers. "If sugar is sufficiently available in the country, we certainly stop imports," he told thousands of ...
  • Jakarta index extends gain closing 0.65 percent higher on Tuesday
    7th October 2014
    The Jakarta composite index (JCI) closed 0.65 percent higher on Tuesday with investors buying more shares. The index of the Indonesian Stock Exchange (BEI) rose 32.70 points to 5,032.84 points with index of 45 most ...
  • Indonesia to develop downstream coal industry
    7th October 2014
    The government will launch a program to develop downstream coal industry to increase the coal added value, an official said Mineral and coal director general R Sukhyar said the government is revising the government ...
  • Bank Indonesia maintains benchmark interest rate at 7.5 percent
    7th October 2014
    Bank Indonesia (BI) decided on Tuesday to maintain its benchmark interest rate (BI rate) at 7.5 percent. The central bank leaders also decided to maintains Lending Facility and Deposit Facility interest rate at 7.5 percent ...
  • Pertamina defends the presence of Petral
    7th October 2014
    Corporate Communication Vice President of PT Pertamina Ali Mundakir said oil fuel (BBM) imports through Pertamina Energy Trading Ltd (Petral) is only a business strategy. Petral is a subsidiary of Pertamina based in ...
  • Indonesia`s foreign exchange reserves US$60 million lower
    6th October 2014
    Indonesias foreign exchange reserves fell US$60 million by the end of September from US$111.224 billion a month earlier. The position of the countrys foreign exchange reserves was relatively stable in September, Executive ...
  • Jakarta composite index shrinks to below psychological level
    3rd October 2014
    The Jakarta composite index (JCI) extended loss diving to below the psychological evel of 5,000 points on Friday after long hovering above that level. The index of the Indonesian Stock Exchange (BEI) closed 51.46 points ...
  • Jakarta index opens slightly higher on Friday
    3rd October 2014
    The Jakarta composite index (JCI) opened slightly higher on Friday after declining trend over the past week on unfavorable political condition in the country, analysts said. The index of the Indonesian Stock Exchange ...
  • Single window system at Kualanamu airport inaugurated
    2nd October 2014
    Agriculture Minister Suswono inaugurated and publicized the use of the Indonesian National Single Window (INSW) system at Medans Kualanamu aiport on Thursday. A Class 2 Agriculture Quarantine located within the Kualanamu ...