Monday, September 12, 2011
Indonesia's central bank will require exporters to bring home overseas funds, in a move aimed at boosting governance and reducing exposure to short-term capital flows, a spokesman said Saturday.
The Indonesian Trade Ministry and Agriculture Ministry issued new regulations on imports of livestock and meat to improve import mechanisms and standards, an official said Wednesday.
Tuesday, September 6, 2011
Bank Indonesia (BI) may set rules to limit the exposure of local private companies to foreign debt due to global economic uncertainties, according to the central bank's top official.
Monday, September 5, 2011
The Indonesian Construction Association (AKI) is upbeat that the construction sector will grow more than 5 percent and contribute more than 10 percent to the economy in the second half of this year.
Tuesday, August 23, 2011
The government plans to issue 134.6 trillion rupiah (US$15.72 billion) in bonds next year, prioritizing the domestic market, as it seeks to avoid the negative impact of sudden reversals amid growing worries in the global financial market.
Wednesday, August 17, 2011
Indonesian President Susilo Bambang Yudhoyono on Tuesday pledged to cut the budget deficit to 1.5 percent of gross domestic product (GDP), as he presented a draft 2012 budget in an uncertain global economy.
Monday, August 15, 2011
General Motors said Friday it will invest US$150 million to reactivate its Bekasi manufacturing plant in West Java, Indonesia, in a move that will create more than 800 new jobs.
Monday, August 8, 2011
Like others of the working middle-class in Indonesia, Stephanie Tjong, 24, is searching for instruments that are safe but have high returns so that her savings do not go to waste as high fees often offset banks' interest rates.
Saturday, August 6, 2011
Indonesian President Susilo Bambang Yudhoyono said Friday there was no need for panic about the economy, as the local stock market plunged more than four percent amid a global market meltdown.
Wednesday, July 27, 2011
Japan's Nissan Motor said Tuesday it plans to invest US$320 million in Indonesia to more than triple production capacity at its West Java factory and set up a new engine-assembly plant nearby.