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Last Build Date: Fri, 21 Oct 2016 20:10:01 +0700

Copyright: 2016 ANTARA News

Japan bank to boost infrastructure aid for Indonesia

Fri, 21 Oct 2016 19:27:33 +0700

Tadashi Maeda, Chief Executive Officer of Japan Bank for International Cooperation (JBIC), stated that the financial institution will be immediately increasing its aid for financing Indonesias infrastructure. "The Japanese ...

Indonesian govt focuses on five halal tourism destinations

Fri, 21 Oct 2016 19:23:35 +0700

The Indonesian Tourism Ministry has focused on promoting Lombok, West Sumatra, Aceh, Jakarta and West Java as halal tourism destinations. The ministry decided to accelerate the developmental programs of halal tourism ...

One-price fuel policy will be implemented next year: Minister

Fri, 21 Oct 2016 19:08:57 +0700

Energy and Mineral Resources Minister Ignasius Jonan said that the governments one-price fuel policy will be effectively implemented in 2017. "The one-price fuel policy will be effectively implemented from next year. The ...

Indonesia has positive economy: Japan bank CEO

Fri, 21 Oct 2016 16:16:45 +0700

Tadashi Maeda, CEO of the Japan Bank for International Cooperation (JBIC), assessed that the condition of Indonesias economy was in good shape, despite the global pressure not being completely subsided. "Indonesia is able ...

Chinese investor to build alumina smelter in C Kalimantan

Fri, 21 Oct 2016 07:53:37 +0700

A Chinese investor who plans to invest through PT Shaanxi Youser Indonesia is ready to build an alumina smelter in East Kotawaringin district, Central Kalimantan, at a cost of Rp16 trillion. "We want to build it next year ...

BI again cuts key rate to 4.75 percent

Fri, 21 Oct 2016 07:38:19 +0700

Bank Indonesia (BI) for the sixth time this year lowered its benchmark rate by 25 points to 4.75 percent in October, fueled by controllable inflation rate expected to reach 3-3.5 percent this year. "It is quite delightful ...

Indocement opens plant 14 with capacity of 4.4 million tons

Thu, 20 Oct 2016 18:54:06 +0700

(image) Publicly listed cement producing company PT Indocement Tunggal Perkasa inaugurated the operation of its Plant 14, which has a capacity of 4.4 million tons per year, in Citeureup, West Java. "Following the opening of Plant ...

No more Java-centric project in Jokowi's second year: Golkar chairman

Thu, 20 Oct 2016 18:18:08 +0700

(image) Golkar Party chairman Setya Novanto said that the infrastructure developments on the outskirts of developed areas and in villages outside Java were being improved. "I see no more Java-centric infrastructure project in ...

Russian investor to build fish processing plants in Indonesia

Thu, 20 Oct 2016 16:18:52 +0700

(image) A Russian investor, Blackspace, will invest in the construction of cold storage facilities, ice factories and fishery product processing plants in Indonesia, company owner Alexander Isaev has said. These remarks were made ...

Indonesian herbal medicine to be marketed abroad

Wed, 19 Oct 2016 20:25:02 +0700

(image) An original Indonesian herbal medicine, Jamu, will be marketed abroad in the Middle Eastern and ASEAN regions, the chairman of the Jamu Association of Central Java, Nyoto Wardoyo, said here on Wednesday. Jamu is made from ...

PT INKA sets eyes on controlling ASEAN market

Wed, 19 Oct 2016 20:15:52 +0700

(image) Indonesias train manufacturing company, PT Industri Kereta Api (PT INKA), based in Madiun, East Java, has set a target to corner a major share of the train market in Southeast Asia or the ASEAN region. "Our target is to ...

Development will ensure presence of state in outermost islands: President Jokowi

Wed, 19 Oct 2016 19:20:37 +0700

(image) President Joko Widodo (Jokowi) said here on Wednesday that he would continue to ensure that the countrys outermost islands and regions witness sustainable development, and thus see the presence of the state in their lives. ...

BUMN minister considers investment in Papua

Wed, 19 Oct 2016 18:45:00 +0700

(image) Minister of State-owned Enterprises (BUMN) Rini Soemarmo said she is looking for potential investment projects in Papua by the ministry. "We are considering building a hotel in the province," Rini said here on Wednesday. ...

Hotel occupancy rates increase in Bali

Wed, 19 Oct 2016 17:55:15 +0700

(image) The occupancy rates of star rated hotels in Bali averaged 72.40 percent in August or an increase of 1.76 percentage points from 70.62 percent in the previous month. "The occupancy rate was quite encouraging when visits ...

Government to revitalize 1,000 traditional market centers in 2017

Tue, 18 Oct 2016 18:48:53 +0700

The government will build and revitalize 1,000 traditional market centers in 2017 at a total cost of Rp3.7 trillion Fund. The Trade Ministry would build and revitalize 272 of the markets with the Aid Task Fund and 52 ...

Imports in September down 8.78 percent: BPS

Tue, 18 Oct 2016 18:35:08 +0700

The value of imports in September, which amounted to US$11.30 billion, has dropped by 8.78 percent compared with the previous month, which was US$12.38 billion, the Central Bureau of Statistics (BPS) has said. "Indonesias ...

Indonesia`s food and beverage companies show their product in Paris

Tue, 18 Oct 2016 17:56:13 +0700

Twenty of Indonesias food and beverage companies from around the country have displayed their products at Salon International de Lalimentation (SIAL) in Paris, France. The Industry Ministry of Indonesia has assisted these ...

Indonesian foreign debts US$323 billion

Mon, 17 Oct 2016 20:04:38 +0700

Bank Indonesia reported that the Indonesian foreign debts grew 6.3 percent on-year to US$323 billion in August, 2016, slower than last year growth of 6.6 percent. Short term foreign debts and private sector debts ...

Trade Expo Indonesia 2016 sees transactions worth US$974.76 million

Mon, 17 Oct 2016 18:41:56 +0700

The countrys largest export exhibition, Trade Expo Indonesia (TEI) 2016, has recorded transactions worth US$974.76 million and will improve exports, Trade Minister Enggartiaso Lukita said. "Until Sunday morning, ...

President Jokowi opens Sail Karimata 2016 main event

Sat, 15 Oct 2016 19:47:38 +0700

(image) President Joko Widodo (Jokowi) on Saturday opened the main event of Sail Karimata 2016 which took place at Pulau Datuk beach in Sukadana, North Kayong District, West Kalimantan. "I want to remind that 71 percent of ...