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Indonesian foreign debts increase to US$290.6 billion Indonesias foreign debts rose to US$290.6 billion by the end of July from US$284.9 billion a month earlier. The debts included US$134.2 billion owed by government and US$156.4 billion owned by the private sector, data at Bank Indonesia said.

Posted in Economy @ 18 September 2014 13:09 CET by Blog Bot · permalink · 0 reactions


Indonesian domestic tourists` spending reaches Rp76.16 trillion 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.

Posted in Tourism @ 01 September 2014 19:34 CET by Blog Bot · permalink · 0 reactions


Indonesia to double tourism totals in 5 years? 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.”

Posted in Tourism @ 23 August 2014 11:01 CET by Blog Bot · permalink · 0 reactions


Governor: 'New oil reserve discovered in Riau' 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).

Posted in Economy @ 18 August 2014 15:30 CET by Blog Bot · permalink · 0 reactions


Indonesia aims for economic growth of 5.6% in 2015 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.

Posted in Economy @ 16 August 2014 00:23 CET by Blog Bot · permalink · 0 reactions


Cileunyi-Tasikmalaya toll road project to cost Rp 4 trillion Construction of the 70-kilometer Cileunyi-Tasikmalaya toll road in southern West Java will cost around Rp4 trillion, an official said. The toll road which will link the regencies of Bandung , Garut and Tasikmalaya will reduce traffic congestion in the southern part of West Java, head of the West Java regional development Deny Juanda said here on Wednesday.

Posted in Infrastructure @ 07 August 2014 10:47 CET by Blog Bot · permalink · 0 reactions


Jakarta stock index down, rupiah value falls The Jakarta composite index (JCI) fell 27.27 points in the first minutes of trade on Wednesday on negative sentiment from the escalation of conflicts in Ukraine. The index of the Indonesian Stock Exchange (BEI) opened 0.53 percent lower at 5,081.81 points with index of 45 most liquid stocks down 0.78 percent to 868.63 points.

Posted in Economy @ 06 August 2014 10:39 CET by Blog Bot · permalink · 0 reactions


BI: economic slowdown in Q2 in line with stabilization scheme 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.

Posted in Economy @ 06 August 2014 10:09 CET by Blog Bot · permalink · 0 reactions


US congratulates Indonesia on its successful elections The US government has congratulated the people of Indonesia on its successful presidential elections on Wednesday, the US here said on its official website.

Posted in Elections @ 10 July 2014 18:03 CET by Blog Bot · permalink · 0 reactions


Ministry predicts mudik travelers to reach 27 million The number of home-bound travelers during the Idul Fitri Holiday 2014 is expected to reach 27 million, according to a forecast made by the Indonesian Transportation Ministry.

Posted in Travel @ 12 May 2014 18:19 CET by Blog Bot · permalink · 0 reactions


Ministry: 'Jakarta monorail project must go on' 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.

Posted in Infrastructure @ 10 May 2014 21:57 CET by Blog Bot · permalink · 0 reactions


Bank Indonesia revises down economic growth target 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.

Posted in Economy @ 08 May 2014 21:23 CET by Blog Bot · permalink · 0 reactions


Indonesia's economy predicted to grow 5.8 percent in Q1 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.

Posted in Economy @ 07 April 2014 20:32 CET by Blog Bot · permalink · 0 reactions


China to provide free visa to Indonesian citizens In future, China will provide free visa to Indonesian citizens planning to visit the country, Chinese Ambassador to Indonesia Liu Jianchao stated.

Posted in General @ 13 February 2014 19:40 CET by Blog Bot · permalink · 0 reactions


Indonesian population to increase 28 pct in 2035 By 2035, the Indonesia population is expected to increase by 28.6 percent as compared to its population in 2010, National Development Planning Minister Armida Alisjahbana stated while revealing details about the governments population growth projection.

Posted in General @ 07 February 2014 22:16 CET by Blog Bot · permalink · 0 reactions


Record number of tourists for Bali in 2013 The foreign arrival numbers for Bali through the end of November 2013 are in totaling 2.97 million, surpassing, even before figures for December are in, the highest total for any year in the history of Bali arrival.

Posted in Tourism @ 06 January 2014 07:01 CET by Blog Bot · permalink · 0 reactions


Netherlands asked to resolve palm oil export problems Indonesian Vice President Boediono has urged Netherlands Prime Minister Mark Rutte to resolve obstacles in Indonesias palm oil exports. "Palm oil is a very important and sustainable industry in Indonesia. We hope that palm oil exports will increase again," Boediono said during Prime Minister Ruttes official visit at the Vice Presidential Palace here on Friday.

Posted in Economy @ 22 November 2013 17:11 CET by Blog Bot · permalink · 0 reactions


Indonesian economy to slow down in 2014 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.

Posted in Economy @ 14 November 2013 16:53 CET by Blog Bot · permalink · 0 reactions


Surabaya declares intention to be prostitution-free city Indonesias second biggest city, Surabaya, marked the commemoration of National Heroes Day on November 10 here on Sunday with a pledge to be a prostitution-free city.

Posted in General @ 10 November 2013 18:54 CET by Blog Bot · permalink · 0 reactions


President: 'Democracy must include peace, economic growth' President Susilo Bambang Yudhoyono said democracy could not operate alone, but must proceed side-by-side with peace, stability and economic growth so that democracy benefits the people.

Posted in Politics @ 07 November 2013 23:05 CET by Blog Bot · permalink · 0 reactions


Governor announces minimum wage for Jakarta 2.4 million Jakarta Governor Joko Widodo said he has signed a monthly provincial minimum wage (UMP) order of Rp2.441 million for industrial workers in Jakarta on the basis of the Jakarta Remuneration Council`s recommendations.

Posted in Protests @ 01 November 2013 19:19 CET by Blog Bot · permalink · 0 reactions


New Bali airport terminal in use The renovated Ngurah Rai International Airport in Bali when completed will be able to handle a yearly flow of 16 million passengers, more than doubling its former estimated capacity of 7.7 million.

Posted in Travel @ 14 October 2013 12:00 CET by Blog Bot · permalink · 1 reaction


Liberalisation strengthens foreign domination: NGOs Two Indonesian non-governmental organisations have criticised APEC`s decision to boost liberalisation, claiming that it would only strengthen foreign domination in the country.

Posted in Economy @ 09 October 2013 18:15 CET by Blog Bot · permalink · 0 reactions


Yudhoyono opens APEC summit, stressing its important role 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.

Posted in Politics @ 07 October 2013 22:43 CET by Blog Bot · permalink · 0 reactions


Ministry accredits 2,300 journalists for APEC Summit 2013 RI`s Ministry of Communication and Informatics has accredited 2,300 journalists around the world to cover APEC Summit 2013 in Bali, from October 1 to 8.

Posted in General @ 06 September 2013 20:53 CET by Blog Bot · permalink · 0 reactions


Increased passenger numbers for Garuda Indonesia Garuda Indonesia – the Indonesian National flag carrier – reports a 23.96% increase in passengers carried in the first six months of 2013, totaling 11.9 million, as opposed to the 9.6 million flown January – June 2012. The CEO of Garuda, Emirsyah Satar, said the increase in passengers translated into a 14.1% increase in income achieving US$1.72 billion during the first half of 2013.

Posted in Garuda Indonesia @ 02 September 2013 09:00 CET by Blog Bot · permalink · 0 reactions


Decline of rupiah test for Bali tourist industry 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.

Posted in Economy @ 02 September 2013 08:01 CET by Blog Bot · permalink · 0 reactions


Ministry of industry issues policies to maintain growth The Ministry of Industry has issued a package of policies to maintain the growth of national industries affected by current financial market conditions and the rupiah depreciation.

Posted in Economy @ 28 August 2013 17:44 CET by Blog Bot · permalink · 0 reactions


Slower growth in tourists to Indonesia expected in 2014 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.

Posted in Tourism @ 26 August 2013 07:00 CET by Blog Bot · permalink · 0 reactions


Government to boost economic growth to six percent The Indonesian government is keen to boost economic growth to six percent amid the global economic meltdown, said Finance Minister Chatib Basri.

Posted in Economy @ 12 August 2013 16:16 CET by Blog Bot · permalink · 0 reactions


Indoensia's inflation may reach 9 percent Indonesia's inflation may jump to 9 percent this year under the impact of the recent rise in the prices of subsidized fuel oils, World Bank economist Ndiame Diop has predicted. "The higher fuel prices will first have a greater impact on the inflation rate by increasing average annual inflation rate in 2013," he said here on Tuesday.

Posted in Economy @ 02 July 2013 17:08 CET by Blog Bot · permalink · 0 reactions


VP instructs ministers to maintain food price stability Vice President Boediono has instructed relevant ministers and officials to maintain food price stability in the face of subsidized fuel price hikes and the fasting month of Ramadhan.

Posted in Politics @ 18 June 2013 23:30 CET by Blog Bot · permalink · 0 reactions


House plenary enacts bill on revised budget into law The House of Representatives finally enacted the Bill on the 2013 Revised State Budget into law through a voting mechanism in its plenary session here on Monday night.

Posted in Politics @ 18 June 2013 01:55 CET by Blog Bot · permalink · 0 reactions


Minister: 'Fuel subsidy should go to poor people' Increase in subsidized fuel prices should be accompanied with a step to provide subsidy for poor people who need it, Manpower and Transmigration Minister Muhaimin Iskandar said.

Posted in Politics @ 17 June 2013 15:06 CET by Blog Bot · permalink · 0 reactions


Some 4.6 million elderly in Indonesia prone to be neglected 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.

Posted in General @ 28 May 2013 15:54 CET by Blog Bot · permalink · 0 reactions


Bankers optimistic about economic growth 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.

Posted in Economy @ 30 April 2013 22:39 CET by Blog Bot · permalink · 0 reactions


President: 'Indonesia breaks democracy myths' President Susilo Bambang Yudhoyono has said Indonesia had broken a number of myths and stereotypes about democracy during his democratization processes.

Posted in Politics @ 23 April 2013 15:53 CET by Blog Bot · permalink · 0 reactions


President Yudhoyono to visit three ASEAN countries President Susilo Yudhoyono is scheduled to visit three ASEAN countries, respectively Singapore, Myanmar, and Brunei Darussalam early next week.

Posted in Politics @ 20 April 2013 10:58 CET by Blog Bot · permalink · 0 reactions


Yudhoyono calls on people to have positive thinking President Susilo Bambang Yudhoyono has called on the people to not always think negatively towards the country`s problems.

Posted in General @ 22 March 2013 20:54 CET by Blog Bot · permalink · 0 reactions


Minister: 'Family planning needs to be revitalized' Coordinating Minister for People`s Welfare Agung Laksono said family planning program should be revitalized by familiarizing the public with the program more intensively. "Go ahead with the Two Children is Enough slogan," he said here on Monday.

Posted in Health @ 04 March 2013 23:10 CET by Blog Bot · permalink · 0 reactions


House speaker disagrees with dissolution of Densus 88 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.

Posted in General @ 01 March 2013 23:37 CET by Blog Bot · permalink · 0 reactions


Yudhoyono calls on people to prioritize economy 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.

Posted in Economy @ 24 February 2013 22:58 CET by Blog Bot · permalink · 0 reactions


Indonesia, Australia sign air service agreement Indonesia and Australia have signed an air service agreement governing details of transport capacity, frequency and types of planes operated by each other`s airline companies.

Posted in Travel @ 07 February 2013 21:37 CET by Blog Bot · permalink · 0 reactions


Lower occupancy Bali hotels during holidays The head of the Denpasar chapter of the Indonesian Hotel and Restaurant Association (PHRI), I.B. Gede Sidharta Putra, told Radar Bali that there has been a “retreat” in hotel occupancy levels over the just concluded Christmas and New Years Holiday period.

Posted in Tourism @ 05 January 2013 09:01 CET by Blog Bot · permalink · 0 reactions


Soekarno-Hatta Airport rail link to emulate Changi model The Soekarno-Hatta International Airport rail link will be modelled on the one in Changi, Singapore.

Posted in General @ 03 January 2013 17:23 CET by Blog Bot · permalink · 0 reactions


Record number of tourists visit Indonesia in 2012 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.

Posted in Tourism @ 31 December 2012 06:00 CET by Blog Bot · permalink · 0 reactions


Tourism growth for Bali expected to moderate As reported by The Jakarta Post, Bali is targeting 3.1 million foreign tourist visitors in 2013, based on the belief that improvements in the island’s infrastructure will add to the island’s appeal.

Posted in Tourism @ 15 December 2012 11:00 CET by Blog Bot · permalink · 0 reactions


Unemployment among university graduates increasing Indonesian Manpower Minister Muhaimin Iskandar has expressed concern due to the increasing number of unemployed university graduates in the country.

Posted in Economy @ 01 December 2012 20:53 CET by Blog Bot · permalink · 0 reactions


Sriwijaya Air opens route Pekanbaru - Batam Sriwijaya Air has commenced flights on the route Pekanbaru - Batam - Pekanbaru on November 20, 2012. This daily flight departs from Pekanbaru at 14:25 local time and from Batam at 15:50 local time. With this new daily flight, Sriwijaya Air realises it's desire to grow in short haul regional flights.

Posted in Travel @ 26 November 2012 08:38 CET by Jeroen · permalink · 0 reactions


Citilinks opens route Jakarta - Padang 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.

Posted in Travel @ 26 November 2012 02:22 CET by Jeroen · permalink · 0 reactions


Tourism growth slowing down Bisnis.com reports that tourism leaders are beginning to see predictions of 9 million tourists to Indonesia in 2013 as overly optimistic and problematic to achieve in the light of the developing global economic situation.

Posted in Tourism @ 10 November 2012 09:00 CET by Blog Bot · permalink · 0 reactions


VP: 'Actions taken against anarchic workers' Vice President Boediono has said that firm actions have been taken against workers involved in anarchism during demonstrations. He said when opening a High Level Conference on Indonesian Investment 2012 here on Tuesday that while labor demonstrations are allowed actions must be taken against anarchism.

Posted in Protests @ 06 November 2012 18:30 CET by Blog Bot · permalink · 0 reactions


Jakarta badly needs mass transportation 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.

Posted in Economy @ 21 October 2012 16:10 CET by Blog Bot · permalink · 0 reactions


Architects asked to create iconic buildings Minister of Tourism and Creative Economy Mari Elka Pangestu has asked the country`s architects to develop creativeness and create iconic buildings.

Posted in General @ 20 October 2012 23:57 CET by Blog Bot · permalink · 0 reactions


President: 'Poverty reduction must be top priority' President Susilo Bambang Yudhoyono has stated that the reduction of poverty in the country must be the next government`s top priority.

Posted in Economy @ 11 October 2012 14:02 CET by Blog Bot · permalink · 0 reactions


President Yudhoyono wants APEC summit to run smoothly Bali Post reports that Indonesian president Susilo Bambang Yudhoyono has stated his desire that the Asia-Pacific Economic Cooperation (APEC) Summit planned in Bali in October 2013 runs smoothly and successfully.Yudhoyono has linked a successful APEC Conference to the larger success of Indonesia and the Asia Pacific nations in general.

Posted in Politics @ 23 September 2012 08:32 CET by Blog Bot · permalink · 0 reactions


446 Indonesian boat crew still at Australian detention cells A total of 446 Indonesian boat crew members are still held in Australian prisons until this month for smuggling asylum seekers to that country, an ambassador said.

Posted in Crime @ 19 September 2012 17:00 CET by Blog Bot · permalink · 0 reactions


Jakarta to face severe traffic jams by 2014, says official The Indonesian Ministry of Public Works has warned that Jakarta will face severe traffic congestion by 2014 due to the growing number of vehicles that exceed road capacity.

Posted in General @ 13 September 2012 22:08 CET by Blog Bot · permalink · 0 reactions


Minister: 'Domestic tourists causes economic growth' 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.

Posted in Tourism @ 12 September 2012 03:56 CET by Jeroen · permalink · 0 reactions


Parliament allocates Rp18 trillion for defense in 2013 Parliament agrees to set an Rp18 trillion budget for defense sector in the state budget draft 2013, Vice Chief of Commission I at the House of representatives (DPR) Tubagus Hasanuddin said here on Tuesday.

Posted in Military @ 04 September 2012 22:53 CET by Blog Bot · permalink · 0 reactions


Hillary Clinton to visit Indonesia on September 3 US Secretary of State Hillary Rodham Clinton will visit Indonesia on September 3, to discuss with senior Indonesian officials about the U.S.-Indonesia Comprehensive Partnership and respective engagements on regional global issues.

Posted in Politics @ 29 August 2012 14:47 CET by Blog Bot · permalink · 0 reactions


President: 'Indonesia to raise civil servants` salaries by 7%' President Susilo Bambang Yudhoyono said the government would increase the basic salaries of civil servants, military and police personnel by seven percent in 2013.

Posted in Economy @ 16 August 2012 22:05 CET by Blog Bot · permalink · 0 reactions


Indonesian military strength still below essential force President Susilo Bambang Yudhoyono said here on Thursday the Indonesian military strength is still much below the minimum requirement.

Posted in Military @ 09 August 2012 20:52 CET by Blog Bot · permalink · 0 reactions


Indonesia has opportunities to strengthen domestic industries Indonesia still has a lot of opportunities to strengthen its industries due to continuing investment growth, a presidential aide said.

Posted in Economy @ 02 August 2012 14:55 CET by Blog Bot · permalink · 0 reactions


Minister: 'Bali needs direct flights to support tourism' Indonesia’s Minister of Tourism and the Creative Economy, Mari Elka Pangestu, sees direct flights as critical to increasing international tourist flows to Indonesia.

Posted in Tourism @ 09 July 2012 05:38 CET by Jeroen · permalink · 0 reactions


Garuda wants to grow 80% until 2015 The Indonesian National Flag Carrier Garuda Indonesia is targeting to operate 144 aircraft carrying 29 million passengers by the year 2015. Currently, Garuda flies 81 airplanes with 15.5 million passengers carried in 2011. If Garuda meets its self-proclaimed goals, this will translate into an 80% increase in business in only 3.5 years.

Posted in Garuda Indonesia @ 08 July 2012 06:13 CET by Jeroen · permalink · 0 reactions


Former minister: 'Limit visitors to Bali' Former Indonesian Minister and a member of the United Nations World Tourism Organization’s Committee on Tourism Ethics, I Gde Ardika, has called on the provincial government of Bali to consider limiting the number of both domestic and international tourists allowed to visit Bali due to the island’s limited carrying capacity.

Posted in Tourism @ 06 July 2012 04:24 CET by Jeroen · permalink · 0 reactions


Bali sees 19.89 percent increase in VoA 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.

Posted in Tourism @ 05 July 2012 10:33 CET by Blog Bot · permalink · 0 reactions


Yudhoyono appoints Nafsiah Mboi new Minister of Health President Susilo Bambang Yudhoyono has named Nafsiah Mboi as the new health minister to replace minister Endang Sedyaningsih, who recently died from cancer.

Posted in Politics @ 13 June 2012 11:28 CET by Blog Bot · permalink · 0 reactions


Pancasila needs to be implemented to economic system 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.

Posted in Economy @ 01 June 2012 18:41 CET by Blog Bot · permalink · 0 reactions


Indonesia braced for economic slowdown 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.

Posted in Economy @ 25 May 2012 15:27 CET by Blog Bot · permalink · 0 reactions


Government seeks to increase number of entrepreneurs The Government of Indonesia continues to take steps to increase the number of entrepreneurs in the country, Economic Minister Hatta Radjasa said here on Saturday.

Posted in Economy @ 12 May 2012 12:42 CET by Blog Bot · permalink · 0 reactions


Indonesia's economy grows 6.3 pct in Q1 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.

Posted in Economy @ 07 May 2012 13:44 CET by Blog Bot · permalink · 0 reactions


Bank Indonesia: 'Bank credit grows 26 percent' 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.

Posted in Economy @ 07 May 2012 13:41 CET by Blog Bot · permalink · 0 reactions


Chamber of Commerce chief: 'Gas export policy wrong' 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.

Posted in General @ 03 May 2012 18:03 CET by Blog Bot · permalink · 0 reactions


Indonesia plans to raise untaxed income level President Susilo Bambang Yudhoyono has said that the government is in the process of finalising a plan to raise the limit of workers` untaxed income to Rp24 million from Rp15.8 million per year.

Posted in Economy @ 27 April 2012 15:52 CET by Blog Bot · permalink · 0 reactions


Garuda signs agreement to purchase 11 Airbus planes Garuda Indonesia signed an agreement with Airbus on Wednesday to purchase 11 A330-300 planes.

Posted in Garuda Indonesia @ 13 April 2012 12:14 CET by Blog Bot · permalink · 0 reactions


Fresh water investment plan for Bali The government of Bali via the Bali Investment Coordinating Board (BKPM-Bali) is offering a number of fresh water supply infrastructure projects in four regencies/cities in Bali worth an estimated value of Rp. 1.305 trillion (US$145 million).

Posted in Health @ 05 April 2012 04:44 CET by Jeroen · permalink · 0 reactions


Honda to build fourth motorcycle plant in Indonesia Honda Motor Company has announced that its joint venture company in Indonesia will be building the fourth motorcycle plant in the Asian country to satisfy rapidly increasing market demands.

Posted in General @ 13 March 2012 18:55 CET by Blog Bot · permalink · 0 reactions


Indonesia's Q1 economic growth to reach 6.5 percent 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).

Posted in General @ 08 March 2012 17:29 CET by Blog Bot · permalink · 0 reactions


Indonesia to lower economic growth target Indonesia will revise downward its growth target for the 2012 budget from 6.7 percent to 6.5 percent, Finance Minister Agus Martowardojo has said.

Posted in Economy @ 07 March 2012 14:16 CET by Blog Bot · permalink · 0 reactions


Indonesian Berlin embassy implements one-hour visa service The Indonesian Embassy in Berlin has implemented a one-hour visa service for tourists wishing to visit the country, Ambassador Eddy Pratomo said here on Friday.

Posted in Tourism @ 12 February 2012 04:23 CET by Blog Bot · permalink · 0 reactions


Slum inhabitants near Ciliwung river to be relocated Inhabitants of the slums along the Ciliwung riverside are going to be relocated to government-subsidized apartments, an official said.

Posted in Environment @ 07 February 2012 07:49 CET by Blog Bot · permalink · 0 reactions


Australia issues grant for health and water needs Indonesia The government of Australia has issued a 5 trillion Rupiah (U.S.$555 million) grant to Indonesia to assist regions in need of health facilities and clean water, officials said on Saturday.

Posted in Health @ 28 January 2012 14:49 CET by Blog Bot · permalink · 0 reactions


Indonesia's air traffic increased by 15 percent in 2011 Indonesia's Transportation Ministry on Wednesday announced that the country's passenger air traffic increased by 15 percent in 2011, when compared to the previous year, local media reported.

Posted in Travel @ 26 January 2012 02:21 CET by Blog Bot · permalink · 0 reactions


Economist: Raising fuel price more realistic Raising the present gasoline price will be a more realistic policy than the government's plan to limit subsidized fuel oil consumption to reduce its subsidy burden, an economist here said.

Posted in Economy @ 24 January 2012 01:25 CET by Blog Bot · permalink · 0 reactions


Indonesia's foreign investment to surpass $19 billion in 2012 Foreign investment in Indonesia is projected to reach more than $19 billion this year, local media quoted Bank Indonesia officials as saying on Saturday.

Posted in Economy @ 14 January 2012 19:58 CET by Blog Bot · permalink · 0 reactions


President: 'Corruption, red tape obstructing economic growth' President Susilo Bambang Yudhoyono admitted here Friday that corruption and complicated bureaucratic procedures were still obstructing Indonesia`s economic growth.

Posted in Politics @ 24 December 2011 10:17 CET by Blog Bot · permalink · 0 reactions


Parliament passes land acquisition bill into law The House of Representatives (DPR) passed the bill on land acquisition for public interests into law at a plenary session here on Friday.

Posted in Polio @ 18 December 2011 01:41 CET by Blog Bot · permalink · 0 reactions


Official: 'Poverty eradication efforts needs speeding up' Indonesia needs to speed up its poverty eradication efforts because the number of poor people in the country is still high, a National Development Planning Board (Bappenas) official said.

Posted in Economy @ 08 December 2011 02:04 CET by Blog Bot · permalink · 0 reactions


Indonesian officials call for laws to slow population growth Indonesian officials are calling on the government to introduce new laws in an attempt to slow down the population growth rate in the country, local media reported on Tuesday.

Posted in General @ 30 November 2011 00:57 CET by Blog Bot · permalink · 0 reactions


Indonesia airlines shows firm passenger growth Indonesian airlines are in a period of accelerated growth, despite the looming debt crisis that threatens aviation in Europe and the United States.

Posted in Travel @ 14 November 2011 01:07 CET by Jeroen · permalink · 0 reactions


Indonesia's population grows to 241 million in 2011 The Indonesian population is estimated to have increased to more than 241 million this year, far exceeding the results of the 2010 census, the Population and Family Planning Board (BKKBN) said.

Posted in General @ 06 November 2011 10:54 CET by Blog Bot · permalink · 0 reactions


Yudhoyono asked G20  not to forget initial goal At the recent G20 summit in France, President Susilo Bambang Yudhoyono had told world leaders not forget the initial goal of the group`s formation despite the current economic crisis in the Euro zone.

Posted in Politics @ 05 November 2011 14:45 CET by Blog Bot · permalink · 0 reactions


Indonesia forecasts 18 percent growth rate in 2012 exports The government of Indonesia on Thursday said it estimates its exports in 2012 will increase by at least 18 percent, despite a negative outlook in global markets.

Posted in Economy @ 19 August 2011 00:21 CET by Blog Bot · permalink · 0 reactions


Garuda's Citilink to be revived National airline Garuda Indonesia plans to more than quadruple the amount of people that Citilink, its budget carrier, will fly in the next four years with new routes and aircraft, a top executive said on Wednesday.

Posted in Travel @ 05 August 2011 03:25 CET by Jeroen · permalink · 0 reactions


Bank Indonesia: Growth rate to reach 6.6 percent Indonesia's central bank, Bank Indonesia, on Thursday forecast that the country's economic growth will reach 6.6 percent this year.

Posted in Economy @ 15 July 2011 02:11 CET by Blog Bot · permalink · 0 reactions


Gov't: Over 12 percent of Indonesians living in poverty The number of people living in poverty in Indonesia reached over 30 million as of last March, according to a report released by the country's Central Bureau of Statistics (BPS) on Friday.

Posted in Economy @ 02 July 2011 02:05 CET by Blog Bot · permalink · 0 reactions


Indonesia finds new gas, oil, and coal reserves in Sumatra New gas, oil, and coal reserves were discovered in Indonesia's island of Sumatra, which could have significant impact in the region's development, officials said Monday.

Posted in Economy @ 28 June 2011 00:56 CET by Blog Bot · permalink · 0 reactions


Indonesian ministry says country needs multi-airport system Indonesia's Transportation Ministry on Thursday called for the country to develop multi-airport system to reduce density at Soekarno-Hatta International Airport.

Posted in Travel @ 17 June 2011 05:52 CET by Blog Bot · permalink · 0 reactions
    
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