Wednesday, 1st October 2014
Business
  • Indonesia expected to produce 100 million oil palm sprouts
    7th September 2014
    The Indonesian Palm Seed Communication Forum has estimated that Indonesias palm seed production this year is expected to reah 100 million sprouts, down 20-30 percent from 130 million sprouts in 2012. Chairman of ...
  • Implementation of MP3EI projects 61 percent of target in Sumatra
    5th September 2014
    North Sumatra Governor Gatot Pujo Nugroho said implementation of projects in the Sumatra corridor under the Master Plan for Acceleration of Expansion of Indonesian Economic Development (MP3EI) launched in 2011 has reached 61 ...
  • President Yudhoyono entrusts Jokowi with Indonesian Economic Master Plan
    5th September 2014
    President Susilo Bambang Yudhoyono has entrusted President-elect Joko Widodo, better known as Jokowi, with the responsibility of ably carrying forward the Master Plan for Acceleration and Expansion of Indonesia Economic ...
  • Price of Indonesian crude oil below US$100 per barrel in August
    5th September 2014
    The prices of Indonesian crude oil (ICP) averaged below US$100 per barrel in August, based on data at the energy and mineral resource (ESDM) ministry. The Indonesian oil price team at the ESDM ministry said on Friday the ...
  • Jokowi agrees with proposal to switch over subsidy from fuels to farm
    4th September 2014
    Indonesian President-elect Joko Widodo (Jokowi) said he agreed with suggestion to switch subsidy on oil fuels (BBM) over to the farm sector."I am pleased with the suggestion by farmers to raise fuel price," Jokowi told a ...
  • Indonesia requires additional 100 thousand MW electricity
    4th September 2014
    Trade Minister Muhammad Lutfi stated that Indonesia still needed additional 100 thousand MW electricity to support industrial development at home."We need 100 thousand MW electricity, as the present power capacity is not ...
  • S Halmahera, N Maluku promote seaweed cultivation
    4th September 2014
    The administration of South Halmahera District, North Indonesia's Maluku Province, has been promoting the cultivation of seaweed to increase income for people living in the coastline areas and small islands in the district. ...
  • US the largest export destination for Gayo coffee
    3rd September 2014
    The United States is the largest export destination country for Gayo coffee produced from Central Aceh district, Aceh, a local administration reported here on Wednesday. "Central Aceh is one of the major arabica coffee ...
  • Bank Mandiri lowers deposit interest rate
    3rd September 2014
    Bank Mandiri, Indonesia's largest lender by assets, has reduced its deposit interest rate by 25 basis points to 6 percent in September 2014 from 6.25 percent a month earlier. The decision was taken after the bank had ...
  • Jakarta index up , rupiah weakening
    2nd September 2014
    The Jakarta composite index (JCI) closed slightly higher on Tuesday rising 1.71 points or 0.03 percent to 5,179.33 points. The index of 45 most liquid stocks rose 0.05 percent to 880.53 in the first minutes of trading. ...