Monday, September 9, 2013
With the rupiah sinking, George Lee, 59, a Singaporean chef working in Jakarta, feels lucky to be paid in Singapore dollars. Two years ago, he would get 7,000 rupiah for every Singapore dollar. Now, he gets over 9,000 rupiah.
Tuesday, September 3, 2013
Indonesia's trade deficit unexpectedly hit a record high in July, data showed Monday, heaping pressure on policymakers to shore up the economy which is facing a grim future as investors flee.
Saturday, August 24, 2013
Indonesia on Friday unveiled measures aimed at boosting confidence in Southeast Asia's biggest economy after huge outflows of foreign capital this week sent stocks and the rupiah tumbling.
Friday, August 2, 2013
Indonesia's inflation hit its highest level in July since early 2009 after a fuel price hike and an increase in the cost of food during Ramadan, official data showed Thursday.
Tuesday, July 16, 2013
Demand for condominiums in Jakarta and nearby areas has grown in the past few years due largely to robust economic growth as well as the scarcity of land in the capital city.
Monday, July 15, 2013
Indonesian President Susilo Bambang Yudhoyono has told his ministers not to play blame games among themselves in relation to stabilizing beef prices, which continue to soar. According to the president, soaring beef prices are related to problems in issuing an import permit.
Monday, July 8, 2013
Indonesia's initial drafts on a connectivity framework and multi-year plans for investment in infrastructure development are taking a new course, an official says on Saturday.
Saturday, July 6, 2013
Indonesia's oil output is expected to rise to 870,000 barrels per day in 2014, up about 30,000 bpd from this year's target, the head of the country's energy regulator said on Friday.
Wednesday, July 3, 2013
An Indonesian care giver was sentenced recently to three months in jail and deportation for neglect causing injury to her employer.
Friday, June 14, 2013
Indonesia hiked its key interest rate to 6 percent Thursday, the first change in over a year as it seeks to boost confidence in the under-pressure rupiah and head off an expected rise in inflation.