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Indonesian inflation in 2014 down slightly to 8.36% Indonesia succeeded in controlling its inflation down to 8.36 percent in 2014 despite recent cut in subsidies on energy.

Posted in Economy @ 02 January 2015 11:36 CET by Blog Bot · permalink · 0 reactions


Bali transport operators seek a hike in rates The Jakarta Post (Bali Daily) reports that the Baliís Tourist Transportation Association (Pawiba) is seeking to increase the tariff for tourism transport in Bali from levels that have remained largely static since 2005.

Posted in Travel @ 25 March 2013 09:01 CET by Blog Bot · permalink · 0 reactions


Expert: 'Indonesia`s Democracy Index declines' The value of Indonesia`s democracy has declined over the past few years blamed on the attitude of both the people and the government officials, an expert says.

Posted in General @ 12 December 2012 14:52 CET by Blog Bot · permalink · 0 reactions


Indonesia raises alert status for Mount Bromo Indonesia's Mount Bromo has had increased volcanic activity, prompting government officials to raise its alert status.

Posted in General @ 23 November 2010 18:38 CET by Blog Bot · permalink · 0 reactions


Indonesia allots 6M hectares for biofuel Indonesia has earmarked 6 million hectares for development of its biofuel industry, part of plans to reduce its dependence on crude oil and susceptibility to price fluctuations, its energy minister said Friday. "Our target to develop our biofuel industry is by 2009-2010," said Energy Minister Purnomo Yusgiantoro. "And we have plans for 6 million hectares (14.8 million acres) of development, worth about US$20 billion (euro15.6 billion)."

Posted in Economy @ 05 August 2006 05:07 CET by Jeroen · permalink · 0 reactions


Indonesia's debt load accounts for 52 percent of GDP Indonesia's overseas and domestic debt loads stood at 1,282 trillion rupiah (around 128.2 billion US dollars) as of March this year, equivalent to some 52 percent of the country's gross domestic product, an official said Monday. "The figure comprises 624 trillion rupiah (62.4 billion dollars) of debt in foreign exchange and 658 trillion rupiah (65.8 billion dollars) in local currency," Minister of Finance Jusuf Anwar said in an open-door hearing with legislators at the parliament compound here.

Posted in Economy @ 19 September 2005 13:25 CET by Jeroen · permalink · 0 reactions


Rupiah set for biggest drop in 4 years on oil surge Indonesia's rupiah fell, poised for the biggest weekly decline in more than four years, as record crude oil prices threatened the nation's budget-cutting plans and eroded confidence in the government.

Posted in Economy @ 26 August 2005 18:29 CET by Jeroen · permalink · 0 reactions


BI upbeat on rupiah despite recent slide The rupiah weakened on Friday against the U.S. dollar for the fourth consecutive day at Rp 8,490 per dollar, but the central bank said that the current movement was still "within range" and that intervention was unnecessary. Bank Indonesia senior deputy governor Anwar Nasution told reporters that the central bank had no plans so far to intervene in the market to support the local unit.

Posted in Economy @ 25 October 2003 00:03 CET by Jeroen · permalink · 0 reactions


Fuel prices up by an average of 14.46% State oil and gas firm Pertamina announced on Thursday an average 14.46 percent increase in fuel prices for this month from the levels in April. Pertamina said in a statement that, with effect from May 3, the price of premium gasoline was raised to Rp 1,750 (about 18.81 U.S. cents) per liter, from Rp 1,600 and automotive diesel oil to Rp 1,400, from Rp 1,250. Industrial diesel oil increased to Rp 1,390, from Rp 1,240, kerosene for industry to Rp 1,410, from Rp 1,310 and fuel oil to Rp 1,120, from Rp 1,030, Pertamina said. Kerosene for households and small industry remains at Rp 600.

Posted in Economy @ 02 May 2002 00:01 CET by Jeroen · permalink · 0 reactions
    
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