BUSINESS

Indonesia Second Favorite Investment Destination in The World

Bank of Indonesia has said that surveys from several global institutions have shown that Indonesia is the second favorite ...

Rubber Price On The Increase In Indonesia

The price of natural rubber is picking up in the country after a long slump to follow the oil price fall in the global ...

Indonesia's Economic Growth Predicted To Grow 5.2 Percent In 2016

Economist of Development Bank of Singapore (DBS) Gundy Cahyadi predicted Indonesian economy  would grow 5.2 percent this ...

Foreign Tourists Visiting Bali Up 15.2 Percent In Number

The number of foreign  tourists visiting Bali was recorded at 1,090,294  in the first quarter of 2016, or 15.25 ...

Govt Sees Economy Growing 5.5 To 5.9 Pct In 2017

The government expects the economy to grow 5.5 to 5.9 percent in 2017, while inflation is projected in the range of 3 to 5 ...

Tax Amnesty Funds To Be Used For Boosting Banks' Capacity

The OJK expects that funds sourced from the passage of the tax amnesty bill should be used to increase the capacity of the ...

President Announces 12th Policy Package

President Joko Widodo (Jokowi) on Thursday announced the twelfth tranche of the economic policy package regarding the ease of ...

Pertamina Explores Upstream Project In Russia

Indonesia's state-owned oil and gas company PT Pertamina is exploring upstream projects in Russia after being offered ...

Indonesia Cuts Palm Oil Exports On Shrinking Production

Indonesia begins to cut exports of crude palm oil (CPO) on shrinking production and growing domestic requirement to feed  ...

Mandiri Set To Funnel Out Housing Credit Totaling Rp1 Trillion

The country`s largest lender PT. Bank Mandiri said it hopes to increase housing credit (KPR) to around Rp1 trillion in Bali ...