Monday, 22nd December 2014
Business
  • Rupiah depreciates due to regional conditions: BI
    10th December 2014
    Bank Indonesia Governor Agus Martowadojo said here on Wednesday that the Rupiah depreciated because of foreign exchange market conditions in Asia. "Going by the year-to-date global conditions, the yen depreciated by 15 ...
  • Jakarta index closes higher on Wednesday
    10th December 2014
    The Jakarta composite index (JCI) closed higher on Wednesday to follow the appreciation of rupiah against the US dollar, analysts said. The index of the Indonesian Stock Exchange (BEI) rose 43.09 points or 0,84 per4cent ...
  • Gloomy condition feared to continue through 2015: Kadin
    10th December 2014
    The Indonesian Chamber of Commerce and Industry (Kadin) has predicted slowdown would continue to hit the countrys economy until 2015. "The countrys economy will not yet fully recovered in 2015 on internal and external ...
  • Jakarta composite index opens slightly lower on Wednesday
    10th December 2014
    The Jakarta Composite Index (JCI) opened slightly lower on Wednesday amid negative external sentiment, analysts said. "BEI index is in the phase of consolidation while external sentiment tends to be negative," chief ...
  • Rupiah`s rate against US dollar declines on Wednesday
    10th December 2014
    The rate of Indonesias rupiah against the US dollar, traded among banks in Jakarta on Wednesday morning, fell to Rp12,336 from Rp12,331 amid a massive strike involving thousands of workers from greater Jakarta areas. Head ...
  • Kazakhstan, Indonesia still discussing noodle, tire factory construction: Ambassador
    9th December 2014
    Kazakhstan Ambassador to Indonesia Ashkat Orazbay has stated that after the signing of contracts, negotiations were in progress between Kazakhstan and Indonesia for the construction of noodle and tire factories. "A ...
  • Volatility of rupiah caused by global economic condition: Minister
    9th December 2014
    Finance Minister Bambang Brodjonegoro attributed the volatility of rupiah in the past several weeks to financial market players still worrying about the global economic condition. "This is more on external factor," ...
  • Construction of infrastructure projects to start in March 2015
    8th December 2014
    The construction of new infrastructure projects will commence in March 2015 at the latest, stated President Joko Widodo, or popularly known as Jokowi. To realize the goal, Jokowi revealed that he will soon announce a ...
  • VP says current government most knowledgeable of business
    8th December 2014
    Vice President Jusuf Kalla has claimed that the present government is the most knowledgeable when it comes to business because many of its officials belong to business communities. "If there is anyone who knows business ...
  • Government set to curtail unnecessary routine expenses: VP
    8th December 2014
    The governments plan to reduce the budget for unnecessary routine expenses and policies might not be viewed in a positive light by every party in Indonesia, Vice President Jusuf Kalla stated here on Monday. Conversing with ...