BUSINESS

Indonesia, Japan Agree To Establish IJMF

Indonesia and Japan have agreed to establish the Indonesia-Japan Maritime Forum (IJMF) to discuss maritime cooperation between ...

Arcandra: Old Oil Wells Need High Technology In 2017

Deputy Energy and Mineral Resources  (ESDM) Minister Arcandra Tahar said the biggest challenge faced by the country's oil ...

Growth May Exceed Forecast In 2017: Minister

Coordinating Minister for Economic Affairs Darmin Nasution has predicted that the economy's growth will exceed its previous ...

Redenomination Needs Long Transition Period: President

President Joko Widodo said the rupiah redenomination would need a long transition period and could not be immediately enacted ...

Indonesia Ready to Face Impact of Fed Rate Hike: Minister

Indonesias economic foundation is strong and can weather the negative effects of the US Federal Reserve Banks rate hike, ...

Housing Credit Interest Rate Predicted to Decline in 2017

Bank Indonesia predicted that the interest rate of consumer credits including housing credits(KPR) would decline in 2017 as ...

Pertamina to Develop Gas Infrastructure, Facilities

State-run oil and gas company PT Pertamina (Persero) plans to improve gas infrastructure and facilities to augment the ...

Indonesia, Iran to Increase Energy Cooperation

President Joko Widodo (Jokowi), who is currently on a state visit to Iran, will hold talks with Iranian leaders to boost ...

LIPI: Economy To Grow By 5.3-5.6 Percent In 2017

The Indonesian Institute of Sciences (LIPI) is optimistic that the Indonesian economy in 2017 can grow by 5.3-5.6 percent, ...

President Jokowi, Iranian President Discuss Economic Cooperation

President Joko Widodo (Jokowi) began his state visit to Iran by holding a meeting with Iranian President Hassan Rouhani to ...