Thursday, 29th June 2017
Business
  • Government, House agree on economic indicators for 2018 state budget
    14th June 2017
    The Indonesian government and the House of Representatives (DPR) have agreed on economic indicators and development targets in the draft 2018 state budget during a working meeting at the parliament building here on Tuesday. ...
  • Indonesia`s state revenues reach 33.4 percent of target as of May
    13th June 2017
    Indonesias state revenues reached Rp584.9 trillion as of May 2017, accounting for 33.4 percent of the target of Rp1,748 trillion for this year, Finance Minister Sri Mulyani Indrawati said. The state revenues comprised tax ...
  • Government reaches tax agreement with Google
    13th June 2017
    Finance Minister Sri Mulyani Indrawati confirmed that the government had reached an agreement on tax settlement with the search engine giant Google. "We have discussed with them and have reached an agreement based on the ...
  • Government tries to cut primary deficit as of 2018
    12th June 2017
    The Indonesian government will make every effort to cut the primary deficit in 2018 to less than Rp100 trillion, or -0.6 percent to -0.4 percent, of the national gross domestic product, Finance Minister Sri Mulyani Indrawati ...
  • Pelni reviews offer to purchase German ship
    12th June 2017
    State-owned shipping operator PT Pelayaran Nasional Indonesia (PT Pelni) is reviewing an offer to procure a German ship, Pelni President Director Elfien Guntoro stated. "The purchase is intended to replace their old fleet. ...
  • bi launches food price information center
    12th June 2017
    The central bank of Indonesia, Bank Indonesia (BI), has launched a Strategic Food Price Center website (PIHPS) application which will serve as a reference of pricing information to help those in charge of making policy on ...
  • Indonesia re to reduce foreign exchange outflow to up to US$1.5 billion
    12th June 2017
    State-owned reinsurance company Indonesia Re is ready to reduce foreign exchange outflow to up to Rp20 trillion, or about US$1.5 billion. President Director of Indonesia Re, Frans Y. Sahusilawane, said in a statement ...
  • Indonesia`s manufacturing industry climbs to ninth position in global ranking
    12th June 2017
    Indonesias manufacturing industry rose to the 9th place in the world after having ranked among the top 10 since 2015, according to Industry Minister Airlangga Hartarto. "Indonesia has reached the 9th place in 2017. It was ...
  • NGO criticizes privileges enjoyed by Freeport Indonesia
    12th June 2017
    Indonesia For Global Justice (IGJ) has criticized the privileges being enjoyed by the US-based gold and copper mining company PT Freeport Indonesia operating in Papua Province. The Indonesian government should not sign an ...
  • Garuda aims to improve financial performance in two years
    12th June 2017
    Garuda Indonesia is optimistic its operational and financial performance will see sustainable positive growth in one to two years, fueled by business strategy focusing on financial performance transformation. "Garuda ...