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Last Build Date: Fri, 28 Apr 2017 19:15:01 +0700

Copyright: 2017 ANTARA News

Rupiah remains stable in Q1: BI

Fri, 28 Apr 2017 05:12:10 +0700

The Indonesian rupiah strengthened 1.09 points against the US dollar in the first quarter of 2017, Bank Indonesia (BI) Governor Agus Martowardojo said. "The rupiah moved in a stable way and tended to strengthen. The rupiah ...

Indonesian govt committed to build more low-cost apartments: President Jokowi

Thu, 27 Apr 2017 22:14:21 +0700

(image) President Joko Widodo (Jokowi) has stated that the government was committed to build more low-cost apartments, particularly for workers. The president made the remarks at a groundbreaking ceremony for the construction of a ...

Indonesia's govt not planning to import food staples

Thu, 27 Apr 2017 17:49:37 +0700

(image) Indonesias government has no plans to import food staples to meet domestic demands ahead of Ramadhan and the upcoming Eid, as the current domestic supply is still sufficient, Trade Ministrys Secretary General Karyanto Suprih ...

Indonesia`s inflation predicted to be low in April

Thu, 27 Apr 2017 12:08:40 +0700

Bank Indonesia predicted that the countrys inflation would not be too high this month with falling prices of foodstuffs amid harvest time . "The inflation in April is expected to be not too high as a result of the ...

Government to evaluate 23 ministerial regulations

Thu, 27 Apr 2017 12:06:32 +0700

(image) The government will continue to evaluate regulations considered to have hampered investment, the Capital Investment Coordinating Board (BKPM) has said. President Joko Widodo (Jokowi) had announced there were 23 ...

President makes three pleas to creative industry entrepreneurs

Thu, 27 Apr 2017 01:56:23 +0700

Indonesian President Joko Widodo (Jokowi) has made three pleas to the industry entrepreneurs while inaugurating the Inacraft Exhibition 2017. "I have made three pleas to craft and creative industry entrepreneurs in ...

President urges greater integration across all governmental levels

Wed, 26 Apr 2017 18:05:44 +0700

(image) Indonesian President Joko Widodo (Jokowi) has called for greater integration between the central, provincial, city, and town governments in a bid to consolidate development efforts in an optimal manner. "What I observed ...

Government to ease laws on local products

Wed, 26 Apr 2017 16:04:12 +0700

The government will ease several regulations on local products, so they can meet the standards already set in the Technology Readiness Level, Coordinating Maritime Affairs Ministrys Deputy Ridwan Djamaluddin stated here, ...

Bank Mandiri posts net profit of Rp4.1 trillion in Q1

Wed, 26 Apr 2017 10:35:33 +0700

State lender Bank Mandiri posted a net profit of Rp4.1 trillion in the first quarter of 2017, up 6.9 percent from Rp3.8 trillion in the same period last year. One of the factors increasing the profit was the rise in the ...

Central government`s debts reach Rp3,649.75 trillion

Wed, 26 Apr 2017 04:45:57 +0700

The central governments debts reached Rp3,649.75 trillion as of March 2017, up Rp60.63 trillion from a month earlier, according to the Finance Ministry. The debts came from state securities worth Rp2,912.84 trillion, or ...

Cuba calls for Indonesian investment in paper industry

Tue, 25 Apr 2017 21:01:50 +0700

(image) The Ambassador of Cuba to Indonesia Nirsia Castro Guevara said here on Tuesday that her government welcomes Indonesian investment in supporting Cuban pulp and paper industries. "Unlike Indonesia, Cuban paper industry has ...

Jokowi optimistic of witnessing 10% growth in automotive industry

Tue, 25 Apr 2017 20:47:33 +0700

(image) Indonesian President Joko Widodo (Jokowi) is optimistic that the automotive industry would attract more investors and grow over 10 percent annually. "Indonesias automotive industry is more competitive now and is growing ...

Indonesia has become automotive industry investment destination

Tue, 25 Apr 2017 18:49:58 +0700

(image) The country has become the automotive investment destination, with the national production target set at some 2.5 million units in 2020, Indonesian Minister of Industry Airlangga Hartarto stated. "There are three big ...

President Jokowi inaugurates new Mitsubishi factory in Bekasi

Tue, 25 Apr 2017 18:36:18 +0700

(image) President Joko Widodo (Jokowi) inaugurated a new factory of PT Mitsubishi Motors Krama Yudha Indonesia in Bekasi, West Java, on Tuesday. At the event President Jokowi was accompanied by Industry Minister Airlangga ...

Government urged to seriously develop new and renewable energy

Mon, 24 Apr 2017 20:14:44 +0700

A legislator has called on the government to seriously develop new and renewable energy amid the declining air quality in big cities as a result of pollution. "We are facing global warming, which is posing a serious ...

Growing flight frequency of Mideast airlines to benefit Bali tourism

Mon, 24 Apr 2017 20:11:09 +0700

The Bali branch of the Indonesian Association of Tour Operators (Asita) said increase in the flight frequency planned by major Mideast airlines - Qatar Airways and Emirates Airlines between Middle East and Bali would ...

PGN makes net profit of US$96.8 million in first quarter

Mon, 24 Apr 2017 20:07:07 +0700

State-owned gas company PT Perusahaan Gas Negara Tbk. (PGN) has made a net profit of Rp1.29 trillion (US$96.8 million) in the first quarter of 2017 despite declining oil prices and rupiah exchange rate fluctuation. "PGNs ...

Giant ships begin to make a call at Jakarta`s Tanjung Priok

Mon, 24 Apr 2017 19:54:54 +0700

PT Jakarta International Container Terminal (JICT) in Tanjung Priok said it has entered a new era when it succeeded in serving a giant ship, the Otello of Frances Compagnie Maritime dAffretement - Compagnie Generali Maritime ...

Indonesia`s exports of textile and textile products growing

Mon, 24 Apr 2017 19:51:24 +0700

Indonesias exports of textile and textile products (TPT) were valued at US$2 billion in the first two months of this year or 3 percent higher than in the same period last year. "TPT industry is a labor industry ...

Minister welcomes largest container ship at terminal port

Sun, 23 Apr 2017 22:27:47 +0700

Transportation Minister Budi Karya Sumadi and PT Pelabuhan Indonesia II President Director Elvyn G Masassya welcomed the arrival of the largest container ship CMA CGM Otello which berthed at Jakarta International Container ...