Saturday, 30th July 2016
Business
  • Twenty Guangdong companies to invest in Indonesia
    22nd July 2016
    The Indonesian Investment Coordinating Board has said that 20 companies from Guangdong, China will expand their business in Indonesia. "Our marketing office team will be coordinating with the relevant ministries to ...
  • BNI reports healthy growth with profit up 79.9 percent
    22nd July 2016
    State lender PT. Bank Negara Indonesia Persero Tbk (BNI) reported a strong growth of 79.9 percent year-on-year in profit to Rp4.37 trillion in the second quarter of 2016 despite a decline in credit quality. President ...
  • Pertamina projects 656,000 barrels per day in 2016
    22nd July 2016
    The oil and gas state-owned company, PT Pertamina has projected it will produce 656 thousand barrels of oil equivalent per day (BOEPD) in 2016, according to a press statement received by ANTARA here Friday. The projection ...
  • Ministry promotes national automotive exports
    22nd July 2016
    The Ministry of Industry is promoting exports of the national automotive industry and spur research on the technology, Minister of Industry Saleh Husin said in a press statement received by ANTARA  here Friday. "We ...
  • Rupiah gains in value against the US dollar on Friday
    22nd July 2016
    The Indonesian currency rupiah gained in value closing at the level of 13,103 per U.S. dollar in an inter bank transaction on Friday from earlier level of 13,107, analysts said . "Amid minimum positive sentiment both ...
  • President urges businessmen, taxpayers to show patriotism
    22nd July 2016
    President Joko Widodo has urged businessmen and taxpayers in the country to show their patriotism by supporting all development programs that have been launched by the government. He made the call here on Thursday during a ...
  • President promises to supervise tax amnesty implementation
    22nd July 2016
    President Joko Widodo (Jokowi) has promised to directly supervise the implementation of the tax amnesty program so that it runs as expected and is not abused. Popularizing the Tax Amnesty Law among businessmen and ...
  • Tax amnesty is rare opportunity: VP
    21st July 2016
    Vice President Jusuf Kalla, on Thursday, familiarized employers with the tax amnesty policy and emphasized that it was a rare opportunity. "Tax amnesty is a state policy that is not implemented every year," the vice ...
  • Central bank maintains benchmark interest rate
    21st July 2016
    Bank Indonesia decided to maintain its benchmark interest rate (BI rate) at 6.5 percent a year at a monthly meeting on Thursday of the board of governors of the central bank. The BI rate was maintained as the "dosage" of ...
  • Budget deficit widens almost tripling but optimism high
    21st July 2016
    Finance Minister Bambang Brodjonegoro said budget deficit widened almost tripling year-on-year in the first half of 2016 on high government spending and shortfall of state tax revenues. The deficit surged to Rp230.7 ...