Friday, 12th February 2016
Business
  • Indonesia's central bank forecasted 4.8% economic growth in 2015
    29th January 2016
    Bank Indonesia (BI), Indonesias central bank, had estimated the economy to grow by 4.8 percent in 2015, slightly higher than the Finance Ministrys forecast of 4.74 percent. "The central bank had estimated a 4.8 percent ...
  • ADB offers new loan scheme to Indonesia
    29th January 2016
    The Asian Development Bank (ADB) has offered a new loan scheme to the Indonesian government, and currently, both parties are still reviewing the potential financing that can be availed through it. Development Financing ...
  • S Korea to be asked to invest in ship components: Minister
    29th January 2016
    Minister of Industry Saleh Husin welcomed the willingness of South Korea to develop the shipyard industry in Indonesia, and asked for another investment in ship components. "We welcomed their expansion investment. In ...
  • Jakarta`s Kalibaru port to become operational in August
    29th January 2016
    The Kalibaru seaport in North Jakarta or the New Priok port is expected to become operational in August 2016 following an initial operation trial of the Container Terminal 1 in Kalibaru, an official has stated. Acting ...
  • State enterprises with income of less than Rp1 trillion to be merged
    29th January 2016
    The government is considering a decision to merge state-owned companies (BUMNs) recording an income of less than Rp1 trillion into larger BUMNs operating in a similar line of business. "We are considering to issue a ...
  • BKPM encourages Japanese investors to invest in tourism sector
    28th January 2016
    The Investment Coordinating Board (BKPM) has encouraged Japanese investors to diversify their investment into the tourism sector, especially in hotels and restaurants. "The hotel and restaurant sector has its own market. ...
  • Indonesia views Hungary as gateway to EU, C. Europe
    28th January 2016
    Indonesia perceives Hungary as a gateway to enter the European Union (EU) and Central European markets for its products and commodities, an official stated. "Hungary is a strategic country to access the EU and Central ...
  • Peruri expands operation to digital security business area
    28th January 2016
    The Indonesia state-owned money printing company Peruri has expanded operation to digital security business area in preparation to enter the era of integrated smart security to be competitive and able to keep pace with the ...
  • Government agencies spend 91 percent of budget fund
    28th January 2016
    Finance Minister Bambang Brodjonegoro said spending by government agencies reached Rp724.7 trillion or 91.1 percent of their total budget of Rp795.5 trillion in 2015. "This is proportionally lower than in 2014 but nominally ...
  • Indonesia to study possible energy cooperation with Iran
    28th January 2016
    Indonesia will study possible expansion of cooperation with Iran after the lifting of international economic sanction on the Gulf state. Indonesia is considering cooperation with Iran mainly in the development of energy ...