Saturday, 2nd July 2016
Business
  • Indonesian govt to import 10,000 tons of beef to stabilize market
    16th June 2016
    Indonesia will import up to 10,000 tons of beef to stabilize the price of that commodity in the country. The Board of Logistics (Bulog) said 3,000 tons of beef imported from Australia are expected to enter the market ...
  • pertamina to operate three geothermal plants in 2016
    16th June 2016
    PT Pertamina Geothermal Energy (PGE), the national enterprise engaged in energy, is ready to operate three geothermal plants this year with a total capacity of 165 megawatt (MW). "These geothermal projects are meant to ...
  • President urges strengthening on maritime policy
    16th June 2016
    President Joko Widodo has urged the Maritime Coordinating Minister, Rizal Ramli, to come up with a strong marine policy that can be implemented immediately. "The President has asked the ministry to formulate such a policy ...
  • Govt assures food prices will remain under control
    16th June 2016
    The government has assured that food prices would be kept under control ahead of the post-fasting month Lebaran festivities after prices of several main commodities did not register any significant increase till mid June 2016. ...
  • Government issues Samurai bonds valued at 100 billion yens
    15th June 2016
    The government said it will issue Samurai bonds valued at 100 billion yens to raise fund to help plug up deficit in the state budget. The Directorate General of Financing Management and Risk said here on Wednesday the ...
  • Garuda re-exploring plans for flights to US in 2017
    15th June 2016
    Garuda Indonesia plans to re-explore the feasibility of starting flights to the United States in 2017 if the national flag carrier passes Category 1 test of safety and security standards as mandated by the Federal Aviation ...
  • Global slowdown still has impact on Indonesia`s trade balance: Minister
    15th June 2016
    Chief Economics Minister Darmin Nasution said the countrys trade balance has not recovered as expected amid ailing global economy. "The worlds economic slowdown still continues that demand is weak resulting in a decline ...
  • RI sees US$2.7 bln trade surplus
    15th June 2016
    Indonesia recorded a surplus of US$2.7 billion in its foreign trade in the first five months of this year, according to the Central Statistics Agency (BPS). In the January-May 2016 period, Indonesias exports were valued at ...
  • Mutual funds sluggish in growth: OJK
    15th June 2016
    Chief Executive of Capital Market Supervision of the Financial Service Authority (OJK) Nurhaida said business in sharia mutual funds could not yet grow as expected in Indonesia. Sharia mutual fund have grown sluggishly ...
  • No need to panic about food stocks: Kadin
    15th June 2016
    The Indonesian Chamber of Commerce and Industry (Kadin) has assured that people need not panic about the availability of food commodities during the ongoing fasting month of Ramadan and the subsequent Ied Fitr or Lebaran ...