Thursday, 23rd October 2014
Business
  • Jakarta index higher, rupiah gains
    17th September 2014
    The Jakarta composite index (JCI) closed 57.68 points higher on Wednesday to follow regional trend. The index of the Indonesian Stock Exchange (BEI) rose 1.11 percent to the level of 5,188.18 points with index of 45 most ...
  • BI calls on companies with foreign debts to conduct hedging
    17th September 2014
    Bank Indonesia has called on companies in the country having foreign debts to conduct hedging transactions as part of their risk management activities to mitigate the impact of a possible global economic upheaval. "BI ...
  • Jakarta index opens higher, rupiah gains
    17th September 2014
    The Jakarta composite index (JCI) opened 28.63 points or 0.56 percent higher at 5,159.14 points on Wednesday . The index of 45 most liquid stocks rose 0.83 percent to the level of 874.51 points. Meanwhile, in ...
  • Indonesia fishermen to suffer more under Asean Economic Community
    16th September 2014
    Indonesian fishermen will suffer more when the ASEAN Economic Community is implemented in 2015, an environmentalist organization Walhi said. Under the present condition, Indonesia should not be too quick to commit itself to ...
  • Indonesia sets higher oil production target for 2015
    16th September 2014
    The government and the House of Representatives have agreed to raise the countrys oil production target to 900,000 barrels per day from 845,000 barrels set in the original draft budget. The increase could potentially mean ...
  • Indonesia's Pindad develops combat vehicle with Belgian company
    15th September 2014
    State-owned arms manufacturer PT Pindad has cooperated with Belgian Cockerill Maintenance & Ingeniere SA Defence (CMI) company to build tanks with weapon capacity ranging from 25- to 105-millimeter caliber. "At the ...
  • BI not worried by inflation triggered by BBM price hike
    15th September 2014
    Bank Indonesia said it is not worried by inflation triggered by plan to raise the prices of subsidized oil fuel (BBM) before the end of this year. "No need for too much concern . It would have a short term effect. In two or ...
  • House agrees to oil lifting target of 900 thousand bpd
    15th September 2014
    Commission VII on Energy Affairs of the House of Representatives has agreed to set the crude and condensate lifting target in the Draft 2015 State Budget (RAPBN) at 900 thousand barrels per day (bpd). Commission VII ...
  • Singapore Airlines targeting eastern Indonesia flight
    12th September 2014
    SilkAir, a subsidiary company of Singapore Airlines, has targeted the flight market in eastern Indonesia to boost its flights operation. "The eastern part of Indonesia has a potential market, which we believe will increase ...
  • BI expects govt to raise fuel prices before Fed rate hike
    12th September 2014
    Bank Indonesia (BI) expects the next government will increase prices of subsidized fuels before the Federal Reserve raises the Fed fund rate, probably in mid-2015. "It would be better if prices are raised in the fourth ...