Saturday, 13th February 2016
Business
  • Bank Indonesia predicts credit growth in 2015 to reach 11%
    29th January 2016
    The Indonesia's Central BankBank Indonesia has predicted that credit growth in the banking industry will reach between 10 to 11 percent in 2015. "As per the latest figure, it was at 9.8 percent in November, while there was ...
  • President Jokowi will publicly explain high speed train project
    29th January 2016
    President Joko Widodo (Jokowi) has promised to publicly explain in detail the Jakarta-Bandung high speed train (HST) project. "I will explain in detail its process from the beginning and till the end (and tell the people) ...
  • Minister Rini Soemarno unaware of guarantee on high-speed train project
    29th January 2016
    State Enterprises Minister Rini Soemarno confirmed that she was unaware whether the Jakarta-Bandung high-speed train (HST) project was included as a strategic project in a presidential decree, which receives a guarantee from the ...
  • 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 ...