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Last Build Date: Sat, 11 Nov 2017 23:45:01 +0700

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Indonesia to encourage equal trade treatment in APEC

Thu, 09 Nov 2017 23:58:00 +0700

Indonesia will encourage equal treatment among trade partners during the 25th summit of the Asia-Pacific Economic Forum held in Vietnam, Trade Minister Enggartiasto Lukita stated here, Thursday. "Matters relating to ...



Kalla opens ISEF 2017

Thu, 09 Nov 2017 23:56:11 +0700

Vice President Jusuf Kalla opened the Indonesia Sharia Economic Festival (ISEF) 2017, which is one of the biggest sharia financial and economic event in the country to integrate the financial and real sectors. In his ...



Indonesia expects APEC to remain open and free

Thu, 09 Nov 2017 23:45:55 +0700

Indonesia has expressed hope that the Asia Pacific Economic Cooperation (APEC) will continue to serve as an open and free regional forum. "(First), we expect APEC to continuously serve as an open and free regional forum; ...



Indonesia to push for conclusion of three bilateral negotiations

Thu, 09 Nov 2017 09:07:08 +0700

The government is pushing for the conclusion of three negotiations in the Comprehensive Economic Partnership Agreement (CEPA) here to be the basis to boost the countrys exports and economic growth. Trade Minister ...



Finance minister to study middle and upper class consumption pattern

Thu, 09 Nov 2017 08:42:19 +0700

Finance Minister Sri Mulyani Indrawati will study the consumption pattern of middle and upper class societies who give a significant contribution to household consumption. "It is the upper class society who has purchasing ...



Investment has grown in line with business confidence: Finance minister

Thu, 09 Nov 2017 05:31:52 +0700

Investment has grown positively in the third quarter owing to business confidence in the countrys economic conditions, Indonesian Finance Minister Sri Mulyani stated. "Investment has grown seven percent due to the ...



Indonesia eyeing West African market to export health products

Thu, 09 Nov 2017 05:15:46 +0700

Indonesia is eyeing export of health products by participating at the "Medic West Africa & Medlab West Africa Exhibition" (MWA), the largest exhibition of tools and health products in West Africa, held in Landmark Center, ...



Investment increase to boost economic growth: VP

Wed, 08 Nov 2017 02:10:47 +0700

Vice President Jusuf Kalla stated that the increase of domestic and foreign investment is important to boost economic growth that in the third quarter 2017 grew by 5.06 percent. "Boosting growth requires more investment and ...



Indonesia awarded Best Diving Destination in world

Tue, 07 Nov 2017 17:24:25 +0700

(image) Indonesia was awarded the Best Dive Destination 2017 by British Dive Magazine at the World Travel Market (WTM) London held in ExCel London, England, from Nov 6 to 8. The award was delivered by Dive Magazine publisher, ...



NTB`s economy grows below average level

Tue, 07 Nov 2017 01:31:18 +0700

The Central Bureau of Statistics (BPS) of West Nusa Tenggara (NTB) said the economy of the province grew only 4.09 percent or below the national level of 5.06 percent in the third quarter of this year. "The economy of NTB ...



World Bank sees low contribution of indonesia`s FDI

Tue, 07 Nov 2017 01:21:05 +0700

The World Bank has witnessed low contribution of foreign direct investment (FDI) in Indonesia, despite its improvement in ease of doing business (EODB) rank to 72 among 190 surveyed countries. "Indonesia is yet to do its ...



Economic growth prospect to be better in Q4: BI

Tue, 07 Nov 2017 01:01:58 +0700

The prospect of Indonesias economic growth would be better in the fourth quarter due to increasing price of commodities and improvement in the worlds economy, according to Bank Indonesia (BI). In its official statement, ...



Indonesia ready for trade war in vegetable oil industry

Fri, 03 Nov 2017 19:15:38 +0700

(image) Indonesia will be ready for a trade war, sparked by European countries, with their negative campaign against palm oil, Trade Minister Enggartiasto Lukita stated. A negative campaign against crude palm oil is merely an ...



Indonesia hopes new Fed chief would have good communication skills

Fri, 03 Nov 2017 01:48:40 +0700

Indonesia hopes the new chief of the Fed would possess good communication skills to make issues clear, preventing market players from speculating global economic condition by, Finance Minister Sri Mulyani said. "We hope ...



Pertamina posts profit of US$1.99 billion

Fri, 03 Nov 2017 01:27:52 +0700

State oil and gas company Pertamina booked a net profit of US$1.99 billion in the first nine months of 2017. Income rose 18 percent to US$31.38 billion from US$26.62 billion, Pertamina President Director Elia Massa Manik ...



US ambassador criticizes Indonesia`s import restrictions on agricultural products

Thu, 02 Nov 2017 17:04:17 +0700

(image) US Ambassador to Indonesia Joseph R Donovan criticized Indonesias import restrictions on food and agricultural products. "It is a mistake to hinder this healthy trade with import restrictions, as Indonesia has been doing ...



BI revises down credit growth target for 2017

Thu, 02 Nov 2017 01:10:23 +0700

Bank Indonesia (BI) has revised down its target of credit growth for 2017 to 7-9 percent from previously at 8 to 10 percent. "Credit growth is set at 7 to 9 percent until the end of the year. It has been revised down from ...



Jokowi inaugurates shrimp ponds to boost local economy

Wed, 01 Nov 2017 19:50:29 +0700

President Joko Widodo (Jokowi) has inaugurated the construction of 17 hectares of shrimp ponds in Muaragembong Sub-district, Bekasi District of West Java, to boost local economy. "We will construct the ponds as an effort to ...



Tanjung Priok to serve as model for port efficiency

Wed, 01 Nov 2017 19:46:52 +0700

(image) Indonesias Transportation Minister Budi Karya Sumadi said that Tanjung Priok port could serve as a model for the countrys efficiency in port management. Budi stated at a meeting of port management efficiency here on ...



Indonesia`s inflation eases to 0.01 percent in Oct

Wed, 01 Nov 2017 19:39:21 +0700

(image) Indonesias inflation rate in October 2017 eased to 0.01 percent from 0.13 percent a month earlier thanks to controllable food prices, according to the Central Statistics Agency (BPS). "The prices of commodities were stable ...