Tuesday, 28th July 2015
Business
  • No need for Indonesia to worry about Greek crisis: ADB
    7th July 2015
    Indonesia need not worry about any possible effects of the Greek economic collapse, Deputy Director of Asian Development Bank (ADB) Indonesia Edimon Ginting said. However, he believes that the country needs to stay alert ...
  • Indonesia`s foreign exchange reserves shrink
    7th July 2015
    The Indonesias foreign exchange reserves shrank US$2.8 billion to US$108 billion by the end of June, 2015, from US$110.8 billion a month earlier. The decline was a result of foreign debt repayment by the government and ...
  • IDX concerned about impact of Greek crisis
    7th July 2015
    President Director of Indonesia Stock Exchange (IDX or BEI) Tito Sulistio has expressed concern over the negative psychological impact of the Greek crisis on investors. "The current condition in the capital market, which ...
  • Rupiah closes stronger, index down on Tuesday
    7th July 2015
    Rupiah regained some of its lost value against the US dollar closing at the level of 13.310 per dollar on Tuesday gaining from earlier level of 13,321. "Rupiah manages to stay at the positive area with the impact of the ...
  • PGN builds 72 kilometers gas pipe in E. Java
    7th July 2015
    Publicly traded state gas distributor PT Perusahaan Gas Negara (PGN) is building gas pipelines totaling 72 kilometers in length in East Java. Corporate secretary of PGN Heri Yusup in Jakarta, said Tuesday, construction of ...
  • Ministry encourages Indonesian halal products to enter Aspasaf market
    7th July 2015
    The Ministry of Foreign Affairs is encouraging Indonesian lawful (halal) products to enter the markets in Asia, Pacific and Africa (Aspasaf), as the regions hold promising prospects. "The Muslim population of 1.6 billion is ...
  • Economic slowdown in indonesia will be temporary: ADB
    7th July 2015
    The Asian Development Bank (ADB) believes that the economic slowdown in Indonesia will be temporary, as expansion of government spending will restore growth to five percent by the year-end. ADB Deputy Country Director ...
  • Jakarta needs more railway networks: Governor Ahok
    7th July 2015
    Jakarta needs several more railway networks to overcome its traffic congestion problems, Governor Basuki Tjahaja Purnama (Ahok) said here on Tuesday. "Jakarta does not only need numerous networks of roads but a lot of ...
  • IORA should boost development of shipbuilding industry: Expert
    7th July 2015
    The Indonesian government must utilize the momentum of holding a meeting of the Indian Ocean Rim Association (IORA) in Padang, West Sumatra, in October 2015, to boost development of its shipbuilding industry, an engineer ...
  • 500 billion cubic feet gas discovered in Penajam, E. Kalimantan
    7th July 2015
    PT Saka Energi Indonesia (SEI) has discovered 500 billion cubic feet of gas in an offshore site in South Sesulu block, Penajam Paser Utara, East Kalimantan, Vice Regent of Penajam Paser Utara Mustaqim MZ stated. "Thanks to ...