Saturday, 10th December 2016
Business
  • Indonesia urges Australia to help settle Montara case
    3rd December 2016
    Indonesia has urged the Australian government to play an active role in addressing water pollution in the Timor Sea caused by the Montara oil spill. The Montara oil spill was caused by a huge explosion at an oil well ...
  • Indonesia`s exports of coffee products valued at US$650.2 million
    2nd December 2016
    The trade ministry said Indonesia exported US$650.2 million worth of coffee products in the first nine months of the year. Director of development and promotion at the trade ministry Merry Mariyati said demand for ...
  • Rupiah strengthens to 13,501 Friday afternoon
    2nd December 2016
    The interbank exchange rate of the rupiah moved higher by 29 points to 13,501 rupiah per US$1, compared with 13,530 previously, here on Friday afternoon. The peaceful rally today, with mass prayers as the main agenda, gave ...
  • State enterprises minister appoints two new Pertamina directors
    2nd December 2016
    Minister of State-Owned Enterprises Rini Soemarno adds two new directors for the national oil and natural gas corporation PT Pertamina, including Muchammad Iskandar as Marketing Director and Toharso as Processing Director. ...
  • Foreign investors observe Indonesia`s economic growth positively: President
    2nd December 2016
    Foreign investors have seen Indonesias economic growth positively, President Joko Widodo has stated. "Even though the economic growth of India and China has been better than Indonesias, the quality of Indonesias economic ...
  • Indonesia`s balance of payments to show US$10 billion surplus
    2nd December 2016
    Indonesias balance of payments throughout 2016 would book a surplus of US$10 billion, rebounding after it collapsed with a deficit of US$1.1 billion in 2015, Senior Deputy Governor of Bank Indonesia Mirza Adityaswara has ...
  • Suspension of OPEC membership has little effect on budget: Coordinating minister
    1st December 2016
    Coordinating Minister for Economy Darmin Nasution said the effect of the country quitting OPEC is insignificant on the state budget. "The impact is on the state budget . What is the price if we are in or outside OPEC. It ...
  • Freezing OPEC membership of Indonesia positive: Minister
    1st December 2016
    Maritime Affairs Coordinating Minister Luhut Binsar Panjaitan responded positively to the Indonesian decision to freeze its membership in the Organization of Petroleum Exporting Countries (OPEC). Luhut said at his office ...
  • Indonesia reduces foodstuff imports
    1st December 2016
    Indonesia is steadily reducing the import of foods such as corn and rice, President Joko Widodo (Jokowi) has said. "For several years, we had imported rice. However, the agriculture minister informed me that we did not ...
  • VP calls on businessmen not to be pessimistic over Trump
    1st December 2016
    Vice President Jusuf Kalla appealed to businessmen in the country not to be pessimistic over the global situation following Donald Trumps election. "Last week, I met with President (Barack) Obama at an APEC meeting in ...