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Russia has voiced its interest in investing in several major projects in Indonesia such as the development of railway tracks and aluminum factories in the country.
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President Joko Widodo (Jokowi) accompanied by Vice President Jusuf Kalla announced his cabinet lineup consisting of 34 ministers or the so-called "Work Cabinet" for 2014-2019 period at the Merdeka Palace on Sunday as follows.
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The construction of double-track railway in Java Island should be accelerated, the Vice Minister of Transportation Bambang Susantono reported here on Wednesday.
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The total spending by domestic tourists in the first semester this year reached Rp76.16 trillion."Until the first semester, this year, a total of 107 million domestic tourists have travelled across the country spending up to Rp76.16 trillion," Tourism Minister Mari Elka Pangestu stated here on Monday.
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Mari Elka Pangestu, Indonesia’s Minister of Tourism and the Creative Economy warns that Indonesian President-Elect Joko Widodo plans to attract 20 million foreign tourists by 2019 will require hard work. Quoted by Metrobali.com Pangestu said on Tuesday, August 19, 2014, “The target of 20 million foreign tourist in five years will require a lot of hard work.”
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Alexander Bychkov, the Deputy Director General of Nuclear Energy for International Atomic Energy Agency (IAEA), stated his support for the Indonesian experimental nuclear power plant to be built in Serpong, Tangerang.
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Bank Indonesia, the central bank, has set aside Rp3 trillion per year to print paper currency, which is considered as a substantial amount, hence the government will encourage the use of non-cash transactions.
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Governor of Riau Province Annas Maamun revealed on Monday that a new oil reserve, presumably the biggest in Riau, was found in Rokan Hilir District by PT Chevron Pacific Indonesia (CPI).
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The government has proposed an economic growth of 5.6 percent in the Draft 2015 State Budget, considering the improvement in economic fundamentals and economic stability as well as conducive external factors.
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Indonesias economic slowdown in the second quarter of this year was in line with macro-economic stability policy adopted by the government and Bank Indonesia aimed especially to control inflation and current account deficit, the central bank said.
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The newly elected Indonesian President Joko Widodo, better known as Jokowi, has gained international recognition with congratulatory messages trickling in from leaders across the globe.
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Religious Affairs Minister Suryadharma Ali was named as a suspect in a corruption case linked to hajj pilgrimage management.
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The transportation ministry said the Jakarta monorail project must continue to be built to help solve the capital citys transportation problem. "The monorail project under the PT Jakarta Monorail (JM) must be continued," Director for Traffic and Transportation Affairs of the Ministry of Transportation Hanggoro Budi Wiryawan said in a written statement here on Saturday.
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Bank Indonesia (BI) revised down its prediction of economic growth in 2014, from its initial 5.5-5.9 percent to 5.1-5.5 percent. "The factor that had made us revise the economic growth target down is the revision of export performance," BI governor Agus Martowardojo said at a press conference here on Thursday.
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An economy class train, the Bogowonto en route from Jakarta to Yogyakarta, derailed last evening after a collision with a truck on a railroad crossing in Ciledug, near the city of Cirebon in West Java.
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A political observer accused US Ambassador Robert O Blake of seeking to implant US influence on Indonesian presidential hopeful Joko Widodo when they met here on Monday.
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Finance minister Chatib Basri had predicted Indonesia's economy grew 5.7 to 5.8 percent in the first quarter of 2014, primarily due to consumer spending. The minister said here on Monday consumer spending was expected to rise in March, although the impact had not been felt as of now.
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The national airline Garuda Indonesia is scheduled to commence direct non-stop daily service between Jakarta and Amsterdam in May 2014.The new service, bypassing traditional technical stops in the Middle East, will be made possible with the delivery of new Boeing 777-300s.
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Manpower and Transmigration Minister Muhaimin Iskandar stated that the number of foreign workers in Indonesia continue to decline in the recent two years among other things due to upheaval of investment values.
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President Susilo Bambang Yudhoyono predicts a bright future for the Indonesian batik, given the huge numbers of the middle class population and the nations batik-loving life style.
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The governments of Indonesia and the Netherlands have reached an agreement on the five islands construction project near the Tanjung Perak Port, Surabaya (East Java), for building the proposed industrial area.
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Indonesia marked International Anti-Corruption Day as well as Human Rights Day at a function held in the Presidential Palace, here on Monday.
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A new squadron of F16 fighter jets at the Roesmin Nurjadin Air Base in Pekanbaru, Riau province, is expected to start operating in one year, Air Force Chief of Staff Marshal B Putu Dunia said.
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Indonesia's economy is expected to slow down in 2014 as a result of being impacted by various domestic and foreign factors, said market analyst Surjanto Yasaputera here on Thursday. "The BI rate hike from seven percent to 7.5 percent is one of the factors holding back foreign investors from making new investments," he stated.
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President Susilo Bambang Yudhoyono chaired a limited meeting with a number of governors and related ministers at Bung Hatta Palace here on Tuesday to discuss food security. At 9 am local time the head of state started the meeting that will last up to 1 pm with the governors and related ministers.
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President Susilo Bambang Yudhoyono visited the Great General Soeharto Memorial at Soeharto`s birthplace in Kemusuk village, Sleman, Yogyakarta, in Central Java on Friday.
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Indonesia`s President Susilo Bambang Yudhoyono formally opened the Asia Pacific Economic Cooperation (APEC) summit here on Monday, underlining the forum`s increasing role in ensuring regional economic growth.
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Jakarta`s Soekarno-Hatta airport in the Tangerang district of Banten Province, has received the second prize in a clean public toilet competition organized by the Ministry of Tourism and Creative Economy, an airport official revealed.
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President Susilo Bambang Yudhoyono officially opened the 12.7-km Bali toll road, spanning across Benoa Bay, at 4 pm local time on Monday. Apart from pressing a button to mark the official opening of the toll road, the president was the first person to pay the toll fare using the e-toll card.
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A government policy governing the production of low cost green cars (LCGC), which is a best possible solution agreeable to all parties, must be formulated, the Coordinating Minister for Economy Hatta Rajasa said.
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The Indonesian government has announced that the Miss World 2013 pageant will only be held in Bali. "We have revised the security permit (allowing) it to be held completely in Bali. So changes have been made with regard to Miss World activities according to what the public wanted and the development interests of Indonesian tourism."
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More than 4,872,260 foreign tourists visited Indonesia in the first seven months of this year, up 6.4 percent from the same period last year, Tourism and Creative Economy Minister Mari Elka Pangestu said.
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The rapid decline in the value of the Indonesian Rupiah against the U.S. Dollar and a host of other currencies is presenting a myriad of challenges to Bali and its tourism industry.
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The Indonesian Minister of Tourism and the Creative Economy, Mari Elka Pangestu has labeled as “optimistic” a target of 9.5 million foreign tourists in 2014. Quoted in Kompas.com, Pangestu said: “The big possibility is that we can no longer adhere to a target of 10 million visitors, maybe we will achieve only 9.5 million.
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World Bank Managing Director Sri Mulyani Indrawati has suggested a reduction in the remittance fee for members of the Indonesian diaspora from 15 percent to 5 percent.
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The Indonesian government is keen to boost economic growth to six percent amid the global economic meltdown, said Finance Minister Chatib Basri.
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President Susilo Bambang Yudhoyono appealed to political elites in the country here on Wednesday to set aside their political interests with regard to fuel price. He said there was a bigger national interest behind the government`s plan to raise the subsidized oil prices and give compensation to the poor.
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Indonesia`s natural beauty is ranked sixth in the world based on a survey of the World Economic Forum (WEF) in 2012 which was released recently, said Minister of Tourism and Creative Economy (Menparekraf) Mari Elka Pangestu.
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Expected to start operation in April 2014, the Jatigede dam in Sumedang District, West Java, will be the second largest in Indonesia. Currently the Jatiluhur dam in Purwakarta district, also in West Java, is the largest reservoir in the country.
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Some 4.6 million out of 18 million elderly people in Indonesia are prone to be neglected, Social Affairs Minister Salim Segaf Al Jufri said here on Tuesday.
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President Susilo Bambang Yudhoyono at the State Palace here on Tuesday officially installed Muhammad Chatib Basri as the new finance minister to replace Agus Martowardojo.
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Batik Air - the new subsidiary airline of the Lion Group of the well-known airline Lion Air - on Friday, May 17, 2013, introduced services from Jakarta to Yogyakarta and to Denpasar (Bali).
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President Susilo Bambang Yudhoyono called on the people to seriously help save on fuel oil consumption in an effort to alleviate the burden of the state budget and preserve the environment.
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The people must be careful in choosing a state leader in 2014 elections because it will be very decisive in shaping the fate of the country in the future, noted figure Mahfud MD said.
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Most bankers in Indonesia are optimistic the country`s economy would grow strongly in 2013 despite global uncertainties, a survey says. The survey by Price Waterhouse Coopers (PwC) Indonesia said 87 percent of respondents said the country`s economy would post a stable growth with moderate inflation in 2013.
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Indonesia’s largest low-cost carrier Lion Air launched its full-service Batik Air at the country's main gateway Soekarno-Hatta Airport in Cengkareng, Banten, on Thursday.
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Lion Air has officially launched their full service airline called Batik Air, which will begin operations on May 3, 2013 using 737-900ERs. The airline has also signed a commitment with Boeing to order five 787 Dreamliners for the airline, and intends to have them delivered by 2015, the first to order the type since Garuda Indonesia cancelled its firm order for 10 aircraft.
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House Speaker Marzuki Alie said he disagreed with the dissolution of the Densus 88 anti-terror squad, saying its presence is able to minimize terror acts in Indonesia. "If Densus 88 has weaknesses, it is the weaknesses that should be improved, its institution should not be disbanded," the House Speaker said here on Friday.
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President Susilo Yudhoyono called on the nation to keep on maintaining the economic conditions to assure continued growth despite increasing political tension ahead of the general elections in 2014.
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The number of poor population in Indonesia drops by 0.54 million or 540,000 until September 2012, according to the National Statistic Agency (BPS).
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The Ministry of Tourism and the Creative Economy reports that foreign tourist visitors to Indonesia through the end of November 2012 have reached 7.227 million, against a target for the year of 8 million.
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The Corruption Eradication Commission (KPK) is currently focusing on efforts to prevent corruption in Indonesia by running anti-corruption campaigns in cooperation with various institutions of the country, according to KPK Chief Abraham Samad.
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President Susilo Bambang Yudhoyono said he would remove anyone who is considered uncooperative or a hindrance to development efforts.
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The Indonesian airline Citilink, daughter company of Garuda Indonesia, has opened a new route on November 23, 2012, Jakarta - Padang - Jakarta. Departure from Jakarta is at 17:00 local time and from Padang at 19:25 local time. Citilink offers daily flights on this route.
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The Bali chapter of the Indonesian Hotel and Restaurant Association (PHRI-Bali) is targeting by the end of 2012 to have audited the safety systems of 25 four and give star-rated hotels in Bali.
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Former Indonesian Minister of Tourism and keen observer of the national tourism industry, I Gede Ardika, has declared that the development of sustainable tourism projects demands conservation of water and energy resources as a necessary prerequisite.
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Indonesian President Susilo Bambang Yudhoyono, in the company of First Lady Ani Yudhoyono and entourage, arrived at the Heathrow international airport, London at about 6.0 p.m. local time or 40 minutes earlier than the schedule.
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Minister of National Development Planning Armida S. Alisjahbana urged Jakarta, as the nation`s Capital, to provide better mass transport system to support its citizens mobility effectively. "As a big city, as well as the nation`s capital, Jakarta badly need a mass transport system," Armida said during a working visit here on Sunday.
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Minister of Tourism and Creative Economy Mari Elka Pangestu has asked the country`s architects to develop creativeness and create iconic buildings.
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The United Nations Educational, Scientific and Cultural Organization (UNESCO) has declared the caldera area of Mt Batur located in Kintamani district, Bali, as part of Global Geopark Network (GGN), a ministry official said here Thursday.
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Bisnis.com reports that Indonesia’s Minister of Tourism and the Creative Economy, Mari Elka Pangestu, has expressed her concern that the permanent imposition of the US$25 visa-on-arrival fee threatens the future development of tourism to Indonesia.
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The Kidul Market in Bangli, northwest Bali, was heavily damaged by fire on Monday, September 9, 2012. The fire, which started at 2:30 pm, destroyed 104 shops, threatening both the livelihoods of the shop owners and the distribution network that drives a large part of the Bangli economy.
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Bali continues to make a substantial contribution to the overall Indonesian economy.
The head of tourism for the province of Bali, Ida Bagus Subhiksu, said tourism revenues are up 10% compared to the previous year.
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Domestic tourist visiting attractions across the country during the just completed Idul Fitri holiday grew dramatically, providing much needed income to the local economies during the traditional downturn in foreign visitors of the fasting month.
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Indonesian chief minister for legal, political and security affairs Djoko Suyanto said efforts must be made to find a way to settle corruption cases affecting other countries.
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After remaining closed for several days on account of public holidays, markets in Indonesia opened on Thursday, with the rupiah to US dollar exchange rate staying sluggish. Jakarta interbank transactions fixed the rupiah`s exchange rate against the USD at Rp9,485 per US dollar.
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President Susilo Bambang Yudhoyono has said that Indonesia is determined to become a world leader by 2045.
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The government will guarantee the availability of food stocks, as well as ensure their prices remain reasonable during the post-fasting Idul Fitr festival, a minister said.
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Indonesia is promoting its tourism sector through local films to Indian investors, Vice Minister for Tourism and Creative Economy Sapta Nirwandar said here on Friday. "One of Tourism and Creative Economic Ministry`s efforts to promote Indonesian tourism sector in India is through local films," Sapta noted.
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President Susilo Bambang Yudhoyono said Indonesians need not worry about the government`s plan to purchase leopard tanks from Germany because the tanks would only be used for defense purposes.
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Indonesia’s Minister of Tourism and the Creative Economy, Mari Elka Pangestu, sees direct flights as critical to increasing international tourist flows to Indonesia.
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Radar Bali reports that data from the Denpasar Manpower Department shows more than 500 foreign workers are currently registered with their office.
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Bali province enjoyed an increase of 19.89 percent in visa on arrival (VoA) from foreign tourists during the first quarter of 2012, and its tourism revenue reached US$14.4 million, from US$14.3 million during the same period last year.
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President Susilo Bambang Yudhoyono has said the government and the private sector must strengthen cooperation to boost the country`s economy. "The private sector and the government are often late in benefiting the real opportunities for our economy and businesses," Yudhoyono said on the plane heading to Mexico, Sunday, for the G20 Summit.
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President Susilo Bambang Yudhoyono has named Nafsiah Mboi as the new health minister to replace minister Endang Sedyaningsih, who recently died from cancer.
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Belarus will soon open an embassy in Jakarta, according to visiting Belarus Foreign Affairs Minister Sergei Martinov.
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After successfully commencing service between Jakarta and Guangzhou, Indonesian carrier Batavia Air is seeking to start flights between Denpasar (Bali) and Hangzhou. Batavia Air reportedly seeks to fly between Bali and Hangzhou three times a week.
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Activist from Indonesian Nationalists Students Movements (GMNI) in Pamekasan, Madura, Hafid Hamsih has called for Indonesia`s five principles ideology, Pancasila, to be implemented into the economic system of this country.
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Indonesia is bracing itself for the possibility of an economic slowdown following the worsening crisis in Europe, said Finance Minister Agus Martowardojo here on Friday.
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The construction of the Sunda Strait Bridge (JSS) is awaiting a feasibility study so that the building of the mega-project would be realized according to plan.
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Indonesia contains 143 social-conflict-prone areas, according to the Disadvantaged Regions Ministry. "Indonesia has 183 disadvantaged regions, 143 of which are conflict-prone areas - many of them in eastern Indonesia," said the Deputy Minister for the Development of Special Regions at the Ministry for Disadvantaged Regions, Suprayoga Hadi, here on Tuesday.
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Indonesia`s economy has grown 6.3 percent year-on-year (YOY) in the first quarter of this year, according to the National Statistics Agency (BPS). "Compared to the fourth quarter of 2011, in terms of GDP, it has grown 1.4 percent," BPS chief Suryamin said here on Monday.
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Bank credit grew 26 percent in April year-on-year, beating earlier estimates of 23-24 percent. Central bank deputy governor Halim Alamsyah said here on Monday that such growth indicated that the domestic economy was doing well.
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The government is unable to meet the industrial sector's gas needs as it prioritizes demand from the export market, Chief of the Indonesian Chamber of Commerce and Industry (Kadin) Suryo Sulisto said. "The policy to export gas is wrong," he said here Thursday.
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President Susilo Bambang Yudhoyono has said that the government has no political interests with regard to its recent plans to improve the welfare of workers in the country.
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Anti-corruption culture will be included in the curriculum from elementary school to university, stated Minister for National Development Planning Armida Alisyahbana here on Tuesday.
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Chief Economic Minister Hatta Rajasa said that the government would not implement its restrictions on the use of subsidized gasoline as of May 1, as preparations for the implementation are still underway.
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Radar Bali reports that 70% of the alcoholic beverages sold on the island are illegal. The value of illegal liquor sold on the island is estimated to account to sales of Rp. 1 billion per day or Rp. 360 billion (US$40 million) per year.
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President Susilo Bambang Yudhoyono has instructed all departments in the government to begin a massive savings campaign in all sectors to avoid creating a deficit in the State Budget (APBN), Coordinating Minister for the Economy Hatta Radjasa said on Tuesday.
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President Susilo Bambang Yudhoyono has asked all administration officials to remain calm, think clearly and rationally following the House of Representatives` (DPR) decision to postpone the fuel price hike initially planned as of April 1.
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President Susilo Bambang Yudhoyono has ordered law enforcement agencies and other departments to investigate alleged violations of laws occurring during the procurement of Sukhoi fighter jets.
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Despite the global financial crisis, economic growth in Indonesia is estimated to reach 6.5 percent in the first quarter of 2012, according to Bank Indonesia (BI).
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The government of Indonesia on Friday said it plans to reduce its nationwide poverty rate down to four or five percent in less than 15 years, local media reported.
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Fragments from a 12th century shipwreck have been discovered in Medan's China Town, supporting earlier claims about the discovery of an ancient shipwreck. Medan is a major city in Indonesia that support local and regional economy activities since a long time ago.
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The Gianyar regency in Bali has taken the bold step of banning condotel investments, closing the door on the local development of condotels mushrooming in other parts of Bali in their region.
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PT Kereta Api Indonesia will impose a smoking ban on March 1, 2012 in economy, business and executive coach cars. As of March 1, passengers will not be allowed to smoke in coaches during a train journey, including in areas near the toilet, according, Bambang Setya Prayitno, a spokesperson.
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Export of halal Indonesian food commodities to many Muslim and non-Muslim countries such as Japan, China and Singapore has increased. According to Trade Ministry data, halal Indonesian food exports to Japan was up 25 percent, to China and Singapore 23 percent higher.
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Foreign investment in Indonesia is projected to reach more than $19 billion this year, local media quoted Bank Indonesia officials as saying on Saturday.
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Ten hotels operating in Indonesia have won ASEAN Green Hotel Recognition Award 2012 for applying environmentally friendly principles to their operations. Indonesian Minister of Tourism and Creative Economy Mari Pangestu presented the award to representatives of the hotels here on Wednesday.
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President Susilo Bambang Yudhoyono left Gambir station by special train at 6.15 on Wednesday morning for a two-day working visit to Cilacap, Central Java. The president this time left for Cilacap without the company of First Lady Ani Yudhoyono who was still sick at Gatot Subroto hospital.
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