Tuesday, 25th April 2017
Business
  • Export permit for Freeport temporarily valid: Energy minister
    6th April 2017
    Energy and Mineral Resource Minister Ignatius Jonan stressed that the government has never issued a temporary special mining business permit (IUPK) but a temporary export permit for PT Freeport Indonesia. "It is a temporary ...
  • Indonesia promoting furniture products in Milan
    6th April 2017
    Indonesian furniture products have a good opportunity to compete in the global market due to their unique designs, Deputy Marketing of the Indonesian Creative Economy Agency Joshua Simanjuntak stated. Simanjuntak made the ...
  • Freeport expected to divest 51 percent of shares to Indonesia before 2021
    6th April 2017
    Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan has expressed hope that copper and gold mining firm PT Freeport Indonesia will divest 51 percent of its shares to Indonesia before its contract ends in 2021. ...
  • Indonesian government offers Australia to build three airports
    6th April 2017
    The Indonesian Transportation Ministry has offered a proposal to the Australian government to build three airports in Indonesia. The proposal covers the development of Komodo Airport in East Nusa Tenggara Province, Lombok ...
  • Indonesia offers transportation infrastructure projects to Australia
    6th April 2017
    Indonesias Transportation Ministry has offered investment in some transportation infrastructure projects to Australia as part of the bilateral cooperation under the Indonesia Transport Safety Assistance Package that has been ...
  • Indonesia is ASEAN`s key element: British State Secretary
    6th April 2017
    The British government views Indonesia as a key element for development in the Association of Southeast Asian Nations (ASEAN) region, Great Britains State Secretary for International Trade Dr Liam Fox stated. Indonesia is ...
  • SNVT in Papua Province to repair 3,500 houses
    6th April 2017
    Papua Provinces Specific Non-Vertical Work Unit (SNVT), under the Public Works and Housing Ministry, is scheduled to repair 3.5 thousand uninhabitable houses in order to improve social welfare. Papua SVNT Head Malidikin ...
  • Gross NPL ratio stands at 3.16 percent as of February
    6th April 2017
    The Financial Service Authority (OJK) has revealed the gross non-performing loans (NPL) ratio in the Indonesian banking industry stood at 3.16 percent as of late February 2017. Although the NPL ratio rose from 2.9 percent ...
  • Trump`s EO aimed at opening trade barriers: Embassy
    5th April 2017
    US President Donald Trumps latest executive order (EO) regarding the investigation into the trade imbalance between the US and 16 countries, including Indonesia, is actually aimed at opening trade barriers. The US Embassy ...
  • Central bank warns of months of rising inflation rate
    5th April 2017
    Senior Deputy Governor of Bank Indonesia Mirza Adityaswara said the period ahead of Islamic fasting month and Eid Al-Fitr will bring about an economic challenge for the government to keep inflation from surging. "We still ...