Tuesday, 2nd September 2014
Business
  • Freeport allowed to resume exports of concentrate
    5th August 2014
    The government has issued approval for PT Freeport Indonesia to resume exports of copper concentrate after protracted negotiations. Exports of mineral ores have been banned since January 2014 to promote processing ...
  • Rupiah closes stronger
    5th August 2014
    Rupiah gained higher value closing at the level of 11,685 per US dollar on Tuesday from 11,743 per dollar earlier. Improved fundamentals of Indonesian economy strengthened rupiah against the US dollar, Lukman Leong an ...
  • S Sumatra to represent Indonesia in ASEAN EXPO
    4th August 2014
    South Sumatra will represent Indonesia in the ASEAN Expo 2014 to be held in Nanning, China, in September, this year. The South Sumatra provincial administration will invite local state companies to participate in the expo, ...
  • Bali exports ornamental fish
    3rd August 2014
    Bali earned US$1.16 million from exports of ornamental fish in the first five months of this year, according to the local industry and trade service. The value drops by 14.61 percent compared to the same period of last ...
  • July inflation predicted at 0.8 pct
    2nd August 2014
    In July 2014, the month-to-month Indonesian inflation will be 0.8 percent, economic observer Enny Sri Hartati, of the Institute for Development and Economics and Finance has predicted."The July inflation must be higher than that ...
  • Freeport urged to involve tribal communities in contract negotiation
    31st July 2014
    PT Freeport Indonesia should involve the local tribal communities in negotiating its contract with the government in order to reap direct benefits, stated Priest John Jongga. "Freeport must think of how to empower and ...
  • Holidaymakers pack Bali`s Kuta beach
    30th July 2014
    Thousands of Idul Fitri holidaymakers crowded the famous Kuta beach in Bali on Wednesday. Since 9 am visitors kept flowing to the beach blocking Jalan Pantai Kuta, the only accessible road to the beach. Main roads ...
  • July inflation below one percent: Economist
    30th July 2014
    The Head of Bank Mandiri Economists, Destry Damayanti, has predicted that inflation rate in July will remain below one percent, with 0.75 percent (month-to-month) and the yearly inflation 4.6 percent (year-on-year). Destry ...
  • US key market for Bali`s non-knitted garments
    30th July 2014
    Bali exported 22.20 percent of its non-knitted garments worth US$4.15 million to the United States in May, noted regional chief statistics service official Panasunan Siregar. "The US consumers like the garments, which are ...
  • Fish consumption rises by 60 pct during fasting month
    29th July 2014
    As fish is one of the staple food items, the demand for processed fish in the country has increased drastically to about 60 percent during the fasting month. "During the fasting month and in the face of the Lebaran ...