Thursday, 28th July 2016
Business
  • Bond market predicted to be brisker with tax amnesty
    14th July 2016
    Indonesia Bond Pricing Agency (IBPA) predicted the countrys bond market would be brisker with the tax amnesty policy. "Tax amnesty would bring on significant effect on the bond market in the country as a result of ...
  • Indonesian, Spanish companies cooperate on seaport management
    14th July 2016
    Indonesias state-owned seaport operator Pelindo 1 and a Spanish seaport company inked a memorandum of understanding (MoU) on July 11, 2016, in Valencia, Spain, according to a press statement from the Indonesian Embassy in ...
  • Finance ministry believes 2017 growth will be better
    14th July 2016
    The Indonesian economy will grow at a faster pace in 2017 than it did in 2016, the Ministry of Finance believes. "I believe the economic growth next year will be higher than that of this year," chief of the ministrys fiscal ...
  • Jakarta index extends gains closing 0.67 percent higher
    13th July 2016
    The Jakarta composite index extended gain closing 0.67 percent higher on Wednesday on positive domestic sentiment. The index of the Indonesian Stock Exchange (BEI) rose 34.4 points or 0.67 percent to 5,133.93 points ...
  • Tax revenues decline in first six months of 2016
    13th July 2016
    The government tax revenues in the first six months of the year totaled Rp518.4 trillion or lower than Rp536.1 trillion in the same period last year. "Nominally tax revenues fell Rp17.7 trillion or 3.3 percent on-year ...
  • Coordinating ministry holds meeting on rights issue
    13th July 2016
    The Coordinating Ministry for Economic Affairs held a coordination meeting with relevant ministries on Tuesday to discuss capital strengthening of infrastructure state-companies (BUMN infrastuktur) through issuance of a rights ...
  • Fund repatriation to support credit growth target: OJK
    12th July 2016
    The Financial Service Authority (OJK) has said the growth target of interest rates at 12-14 percent could still be achieved as funds expected to be repatriated from overseas will boost growth. The repatriation of funds is ...
  • Vice president warns of inflow of foreign funds
    12th July 2016
    Vice President Jusuf Kalla has cautioned about the huge amount of foreign funds, to the tune of Rp97 trillion, which will be deposited with banks at home. "The funds in US dollars are deposited with banks as reserves. This ...
  • 250 thousand tourists visit Gunung Kidul during Lebaran holidays
    12th July 2016
    Around 250 thousand tourists visited numerous tourist attractions in Gunung Kidul District, Yogyakarta, in a week during the 2016 Lebaran holidays, according to local Culture and Tourism Office spokesman Hary Sukmono. ...
  • East Lampung to develop 11 tourism attractions
    12th July 2016
    The government of East Lampung District in Lampung Province, through the local Culture and Tourism Office, is making every effort to develop 11 tourism attractions in the district in its attempt to attract even more local and ...