Tuesday, 29th July 2014
Business
  • Jakarta composite index opens higher on Friday
    20th June 2014
    The Jakarta composite index (JCI) rose 0.23 percent in the opening trade on Friday on technical factor, analysts said. "Technical factor drove the JCI higher this morning. The market players began to buy shares which ...
  • Kao Indonesia opens new factory worth U.S. $128 million
    20th June 2014
    PT Kao Indonesia has officially opened its new second factory, with an investment of US 128 million, on a 140 thousands square meter plot in Karawang International Industry City (KIIC) in West Java. PT Kao Indonesia is a ...
  • Fishery gets first attention from presidential candidates
    19th June 2014
    The Indonesia for Global Justice (IGJ) has said that the marine and fisheries sector has received a serious attention for the first time from the current presidential and vice-presidential candidates. "This is the first ...
  • Foreign banks to finance infrastructure projects
    19th June 2014
    Several foreign banks including Standard Chartered Bank, Deutsche Bank, and World Bank member International Finance Corporation (IFC) will extend US$250 million to the Indonesia Infrastructure Finance (IIF). At a press ...
  • Govt prepares anticipatory measures in case deficit surpasses target
    19th June 2014
    The government has prepared three anticipatory measures to be implemented in case budget deficit surpasses the target set at 2.4 percent of the GDP in the 2014 revised budget, Finance Minister Chatib Basri said. "Control ...
  • Government spending increases due to subsidy
    19th June 2014
    Government spending has continued to increase despite the policy of slashing it due to a rise in energy subsidy, Finance Minister Chatib Basri said. "Subsidy has increased significantly and as a result government spending ...
  • Japanese investor expects more conducive investment after presidential election
    19th June 2014
    Kao Corporation, one of the Japanese investors in Indonesia, is expecting a more conducive investment climate in Indonesia after the presidential election on July 9. "At the moment, Kao is observing the situation, and we ...
  • Jakarta composite index down 23.59 points
    19th June 2014
    The Jakarta composite index (JCI) closed lower on Thursday on investors predicting that the country would post wider trade deficit. The index of the Indonesian Stock Exchange (BEI) fell 23.59 points or 0,48 percent to ...
  • Rupiah gains in opening against US dollar
    19th June 2014
    The Indonesian currency rupiah regains some of its losses against the US dollar in the first minutes of trade on Thursday. Chief researcher of Monex Investindo Futures Ariston Tjendra here said the USD dollar weakened ...
  • Jakarta shares open 0.17 percent higher
    19th June 2014
    The Jakarta composite index (JCI) opened 0.17 percent higher on Thursday on positive regional sentiment, analysts said. "The JCI gained slightly to follow the regional trend and rupiah strengthening this morning," Samuel ...