Tuesday, 29th July 2014
Business
  • Indonesia`s economic growth relies on global conditions: Finance minister
    8th July 2014
    Global economic conditions, which are expected to recover, will determine Indonesias economic growth, which has been set at 5.5-6.0 percent for 2015, Finance Minister Chatib Basri said here on Tuesday. "Global growth in ...
  • RI`s forex reserves up to $107.7 billion in June
    7th July 2014
    Indonesias foreign exchange reserves stood at US$107.7 billion at the end of June 2014, up from US$107 billion a month earlier, according to Bank Indonesia. "The increase in foreign exchange reserves had particularly ...
  • Govt asks Newmont to drop arbitration suit
    7th July 2014
    The Indonesian government has asked copper and gold mining company PT Newmont Nusa Tenggara to drop its international arbitration against a ban on the export of concentrate minerals. "The Indonesian government will take ...
  • Freeport agrees to contract renegotiation points
    7th July 2014
    PT Freeport Indonesia has agreed to the points for the renegotiation of its mining contract in order to abide by Law Number 4 of 2009 on Mineral and Coal Mining, stated a senior minister. "We have heard from our ...
  • Consumer confidence slightly weakening: BI
    3rd July 2014
    The survey conducted by Bank Indonesia (BI/the central bank) in June 2014 indicated a slight weakening of the consumers confidence index compared with that in the previous month. The consumer confidence index in June 2014 ...
  • Indonesia government ready to deal with Newmont`s move on arbitration
    3rd July 2014
    Indonesias minister of energy and mineral resources Jero Wacik said here Thursday that the government was ready to take on PT Newmont Nusa Tenggara which has challenged the ban imposed on minerals export. He said the ...
  • State companies asked to hedge dollar borrowing
    3rd July 2014
    State-Owned Enterprises Minister Dahlan Iskan said he had instructed all state companies (BUMNs) to hedge their dollar borrowings to avoid losses as a result of possible currency turmoil. "I have called on all state-owned ...
  • Investors welcome Indonesian eurobond: Chatib Basri
    3rd July 2014
    Investors have shown strong interest in Indonesias euro-denominated bond issued recently, stated Finance Minister Chatib Basri. "This shows demand or trust in Indonesia is still high," he claimed here on Thursday. ...
  • Newmont`s arbitration move regretted
    3rd July 2014
    Vice Governor of West Nusa Tenggara H Muh Amin said he regretted the PT Newmont Nusa Tenggara (NNT)s move of raising a dispute case against Indonesia with an international arbitration court over ban on export of copper ...
  • Govt, House agree to 2015 macro assumptions
    3rd July 2014
    The Indonesian government and the House of Representatives (DPR) have agreed to macro assumptions, which will lay a basis for the state budget and the implementation of government programs and policies next year. "We have ...