Tuesday, June 3, 2014
Indonesia unexpectedly posted a huge trade deficit in April as a controversial ban on mineral ore exports weighed on Southeast Asia's biggest economy, official data showed Monday.
Monday, May 12, 2014
Southeast Asia's booming palm oil industry is facing a double blow from a recent drought and a possible El Nino weather phenomenon later this year, with analysts warning a production shortfall could spark a jump in consumer goods prices.
Tuesday, April 15, 2014
Foreign direct investment (FDI) in Indonesia may double the average growth rate of FDI going into other emerging markets, which was estimated to have reached about 10 percent a year, Investment Coordinating Board (BKPM) Chief Mahendra Siregar said.
Thursday, February 6, 2014
Samsung's new line of tablets will go on sale in the U.S. on Feb. 13.
Tuesday, February 4, 2014
Indonesia posted its biggest trade surplus for two years in December, data showed Monday, as Southeast Asia's biggest economy shows signs of recovery after a turbulent 2013.
Sunday, February 2, 2014
Richard C. Adkerson, the CEO and president of Freeport McMoRan Copper & Gold Inc., took time out of his busy schedule to fly thousands of miles to Indonesia to get first-hand information from the government following the introduction of the new export tax for mineral commodities, which he said “was a surprise” for his company.
Local banks have said that they are ready to implement the new version of the real-time gross settlement (RTGS) system, scheduled to be launched this year by Bank Indonesia (BI) in an effort to make transactions more efficient ahead of the ASEAN Economic Community (AEC).
Amid the recent financial turmoil in Turkey and other emerging economies, Indonesia's biggest fund managers carry a warning: Watch out for domino effects.
Monday, January 13, 2014
The government has approved the proposed acquisition of state-owned listed gas distributor PT Perusahaan Gas Negara (PGN) by state-owned oil and gas company PT Pertamina (Persero), and has asked related institutions to develop an analytical study on the plan.
Friday, January 3, 2014
Indonesia posted a robust trade surplus in November, data showed Thursday, in a sign of recovery in Southeast Asia's biggest nation that was plunged into economic turmoil in 2013.