Sunday, 23rd November 2014
Business
  • President explains plans to divert fuel subsidy
    4th November 2014
    Energy subsidy amounting to some Rp330 trillion, which burdens the state budget, will be diverted from this consumptive subsidy to productive subsidies as part of measures to improve productive efforts, President Joko "Jokowi" ...
  • Export improves balance of trade: Bank Indonesia
    4th November 2014
    Bank Indonesia (BI) has estimated that an increase in export activity, in line with global economic recovery, can help to improve balance of trade, despite the continued oil and gas deficit. BI spokesperson Peter Jacobs ...
  • Indonesia`s exports of commodities other than oil and gas up
    4th November 2014
    Indonesias exports of commodities other than oil and gas rose 6.5 percent in value to US$12.7 billion in September this year month-on-month."The increase in the exports of commodities other than oil and gas gave rise to ...
  • Do not delay infrastructure development projects: president
    4th November 2014
    President of Indonesia Joko Widodo stated that adjourning infrastructure development projects, especially in the field of transportation, leads to big losses as costs tend to increase with time."We need fresh funding for the ...
  • Government to build 35,000 mw capacity power plants
    4th November 2014
    The government plans to build power generating plants with a total capacity of 35,000 megawatts in five years to come.Energy and Mineral Resources Minister Sudirman Said said construction of new power plants is designed to cope ...
  • Jakarta index opens lower, rupiah weakens
    4th November 2014
    The Jakarta composite index (JCI) opened lower on Tuesday on minimum positive sentiment internally and externally, analysts said. The index of the Indonesian Stock Exchange (BEI) slid 0.14 percent to 5,078.52 points with ...
  • Inflation expected to exceed target if fuel price is raised
    3rd November 2014
    Indonesias inflation rate this year may exceed the target of 5.3 percent in the revised 2014 state budget if the government increases the price of subsidized fuel, a Central Statistics Agency (BPS) official said. "If there ...
  • Indonesia urges China to facilitate greater access for export products
    3rd November 2014
    The Indonesian government has urged the Peoples Republic of China to open more access to Indonesias export products in a bid to strengthen economic relations in trade. "We agreed to strengthen economic relations in trade. ...
  • President Jokowi reveals no date for fuel price hike
    3rd November 2014
    President Joko Widodo announced here on Monday that no date had yet been set for raising the price of subsidized fuel oils. "It has not yet been decided," he noted in response to the questions posed by newsmen after ...
  • Indonesian, Germany`s finance ministers discuss bilateral issues
    3rd November 2014
    Indonesian Foreign Affairs Minister Retno Marsudi held a meeting with her visiting German counterpart, Minister Frank-Walter Steinmeier on Monday to discuss bilateral issues. "We were discussing ways to strengthen ...