ANTARA News - Business

Pusri distributes 794,000 tons of subsidized urea fertilizer

Thu, 12 Jul 2012 21:16:41 +0700

State fertilizer company PT Pupuk Sriwijaya (Pusri) distributed 794,453 tons of subsidized urea fertilizer among farmers in nine provinces in Indonesia in the first half of this year.

Buru District government not firmly regulate mining activity

Thu, 12 Jul 2012 21:10:21 +0700

The Buru District government in Maluku Province is considered lenient with the regulation of gold mining activity at Gunung Batok area on Buru island that has led to a bloody violence.

Slipi-Bekasi skytrain line to cost Rp10 tln

Thu, 12 Jul 2012 20:53:02 +0700

State construction company PT Hutama Karya Persero has projected the planned construction of 22-km sky-train line linking Jakarta and its eastern outskirts of Bekasi will cost an estimated Rp10 trillion.

Indonesian govt guarantees availability of food stocks

Thu, 12 Jul 2012 20:49:00 +0700

The government has ensured that there are food stocks in the country to last through the holy fasting month of Ramadhan, which is expected to begin on July 20-21, according to chief economic minister Hatta Rajasa.

Purchase of IMF bonds not disrupt RI`s forex reserves

Thu, 12 Jul 2012 20:47:03 +0700

Bank Indonesia Governor Darmin Nasution gave the assurance on Thursday that the purchase of IMF bonds will not disrupt the country`s foreign exchange reserves at the central bank.

Govt not to extend contract of PT Koba Tin

Thu, 12 Jul 2012 20:41:30 +0700

The government has decided not to extend the contract of PT Koba Tin for tin mining in Bangka Belitung.

Govt to evaluate food stocks

Thu, 12 Jul 2012 20:08:26 +0700

The government will hold a meeting next week to discuss and evaluate the availability of food stocks in light of the fasting month that will begin on July 20-21.

RI must keep watch over global economic crisis: WB

Thu, 12 Jul 2012 20:03:10 +0700

World Bank Director Sri Mulyani Indrawati said Indonesia should keep watch on the global economic crisis so that it will be able to take anticipatory steps over its impacts.

Bank Indonesia says no threat of overheating

Wed, 11 Jul 2012 03:01:02 +0700

Bank Indonesia said the 28 percent growth in bank credits in the first half of the year would not cause economic overheating.

Prices of Indonesian rubber up

Wed, 11 Jul 2012 01:47:31 +0700

The price of Indonesian rubber rose in international markets on Tuesday following plan to cut exports .

Kramayudha launches new Mitsubishi passenger car

Tue, 10 Jul 2012 19:48:04 +0700

Car maker PT Krama Yudha Tiga Berlian Motors (KTB) officially launched a new Mitsubishi product of sport utility vehicle in Indonesia.

Govt considering initiative to loan to IMF

Tue, 10 Jul 2012 19:31:30 +0700

Finance Minister Agus Martowardojo said the government is still considering the initiative to loan to the International Monetary Fund (IMF) as part of its commitment to strengthen the institution`s capital.

Lagarde hails Indonesia`s contribution to IMF

Tue, 10 Jul 2012 19:18:15 +0700

Visiting IMF executive director Christine Lagarde has lauded Indonesia`s contribution of funds to the International Monetary Fund (IMF) to help the global community overcome the current economic crisis.

IMF chief meets President Yudhoyono

Tue, 10 Jul 2012 11:57:28 +0700

Executive director of the International Monetary Fund (IMF) Christhine Lagarde met President Susilo Bambang Yudhoyono at the presidential palace here on Tuesday.

RI, Brazil businessmen hold meeting to introduce potentials

Mon, 09 Jul 2012 22:37:39 +0700

ASEAN-Latin America Business Forum (ALBF) serves as a means to introduce the Indonesian government and business people to their Brazilian counterparts, a senior Trade Ministry official said.

Chamber expects ri`s trade balance to remain stable until December

Mon, 09 Jul 2012 22:32:53 +0700

The Indonesian Chamber of Commerce and Industry (Kadin) has predicted that Indonesia`s trade balance will remain stable until the end of this year after it recorded a deficit in April and May.

Indonesia motorcycle sales drop to 550,468 units in June

Mon, 09 Jul 2012 19:06:45 +0700

The decision of Bank Indonesia (the central bank) to raise the minimum down-payment requirement for motorcycles to 30 percent of the sales price, effective as of June 15, 2012, has led to lower motorcycle sales in June, according to the motorcycle industry association head.

Indonesia-Czech agreed to promote business opportunity

Mon, 09 Jul 2012 18:41:40 +0700

The Indonesian Chambers of Commerce and Industry (KADIN) and a Czech business group signed a memorandum of understanding (MoU) to promote business opportunities in order to strengthen bilateral cooperation in trade.

IMF praises Indonesia for economic progress

Mon, 09 Jul 2012 18:23:01 +0700

IMF Executive Director Christine Legarde has lauded the Indonesian government for successfully managing the nation`s economy, vice presidential spokesman Yopie Hidayat said here on Monday.

Gas conversion saves up to Rp61.6 trillion

Sun, 08 Jul 2012 13:51:47 +0700

The Indonesian government`s program of three kilograms liquefied petroleum gas (LPG) conversion from kerosene has saved up to Rp61.6 trillion from the state budget, said an official from the state`s oil and gas company, Pertamina.