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Bali prepares to regulate local fruit sales The Jakarta Post reports that the province of Bali plans to propose specific bylaws protecting the market for local farmers by controlling the sale and consumption of local fruit.

Posted in Economy @ 23 February 2013 11:01 CET by Blog Bot · permalink · 0 reactions


Bali self-suffucient in rice and soybeans The State News Agency Antara  reports that Bali is secure in terms of food security and not threatened by continuing drought conditions in many part of Indonesia. Ida Bagus Wisnuardana, head of the food crop division for Bali, confirms that Bali has adequate sufficiencies of rice and soybeans.

Posted in General @ 18 September 2012 11:01 CET by Blog Bot · permalink · 0 reactions


Indonesia guarantees food stocks, prices during Idul Fitri 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.

Posted in Ramadan @ 15 August 2012 18:56 CET by Blog Bot · permalink · 0 reactions


FAO provides 130 thousand rabies vaccines for Bali The Food And Agricultural Organization (FAO) has provided Bali with 130,000 rabies vaccines, an official confirmed to Antara today.

Posted in Health @ 14 July 2012 12:06 CET by Blog Bot · permalink · 0 reactions


Dry season predicted to start in May The Meteorology, Climatology, and Geophysic Agency (BMKG) has predicted that the dry season in Indonesia will begin in 342 season zones in May 2012.

Posted in Weather @ 26 February 2012 03:25 CET by Blog Bot · permalink · 0 reactions


Indonesia's 2011 state budget reaches $6.65 billion Indonesia's 2011 state budget stood at Rp 56.9 trillion ($6.65 billion) as of May 31, the country's Finance Ministry said Monday.

Posted in Economy @ 05 July 2011 01:37 CET by Blog Bot · permalink · 0 reactions


Indonesia's trade surplus declines third straight month Indonesia's exports reached $16.52 billion and imports reached $14.89 in April, resulting in a surplus of $1.53 billion, the country's Central Statistics Agency (BPS) said Thursday.

Posted in Economy @ 03 June 2011 00:07 CET by Blog Bot · permalink · 0 reactions


Indonesian exports down 23 percent in April Indonesian exports in April fell 22.5 per cent from the same month a year ago to 8.46 billion dollars, the Central Bureau of Statistics said Monday. Indonesia, South-East Asia's largest economy, had a trade surplus of 2.08 billion dollars in April because its imports dropped 45 per cent to 6.38 billion dollars, the bureau said.

Posted in Economy @ 02 June 2009 08:03 CET by Jeroen · permalink · 0 reactions


Indonesia likely to cut rice imports The Indonesian government has said that it is unlikely to import rice from other countries this year because of a sufficient stock after nationwide harvests. This reduces the pressure on the tight global supplies in times of record-breaking rice prices. Prices of Thai rice - a benchmark for the market - have doubled since the start of this year mainly because of rising demand from China and African nations. Vietnam and India have already decided to curb exports to protect their own markets.

Posted in General @ 15 April 2008 12:50 CET by Jeroen · permalink · 0 reactions


Indonesia central bank cuts key rate to 14-month low Indonesia's central bank cut its benchmark interest rate to a 14-month low, the seventh reduction since May, to help revive consumer spending and boost investment. Bank Indonesia Governor Burhanuddin Abdullah and his fellow policy makers reduced the rate used as a reference for bill sales by half a percentage point to 9.75 percent, a move predicted by 16 of 21 economists surveyed by Bloomberg News, and indicated further cuts are likely next year.

Posted in Economy @ 08 December 2006 03:03 CET by Jeroen · permalink · 0 reactions


RI enjoyed $32 billion trade surplus until October Indonesia saw a surplus of US$32 billion in its foreign trade in the January-October 2006 period, the Central Bureau of Statistics (BPS) said on Friday. Over the period the country earned US$82.21 billion from exports, while its imports stood at US$50.21 billion, the BPS said.

Posted in Economy @ 02 December 2006 04:27 CET by Jeroen · permalink · 0 reactions


Indonesia pays off IMF debts The Indonesian government has decided to pay off the remaining debts from the International Monetary Fund (IMF) totaling 3.2 billion U.S dollars, the central bank chief said. "So next week we owe nothing to the IMF. After completing the early repayment, we will stand at the same level of playing field. We are no longer a troublesome member," Bank Indonesia Governor Burhanuddin Abdullah was quoted Friday by the major economic daily Bisnis Indonesia as saying.

Posted in Economy @ 06 October 2006 14:23 CET by Jeroen · permalink · 1 reaction


Indonesia inflation edges up in May Indonesia’s annual inflation rate edged up in May on higher food prices and a weaker rupiah, underlining expectations that the central bank will hold off lowering interest rates at a policy review next week.

Posted in Economy @ 02 June 2006 07:08 CET by Jeroen · permalink · 0 reactions


Foreign exchange reserves reaches record high Indonesia's foreign exchange reserves during the first three months of this year reached 41.1 billion U.S. dollars, a figure never recorded before, Bank Indonesia (BI) Governor Burhanuddin Abdullah said on Wednesday. "This is the highest figure ever recorded since the founding of the republic of Indonesia," Antara news agency quoted Abdulah as saying when presenting the bank's first quarter evaluation.

Posted in Economy @ 06 April 2006 07:03 CET by Jeroen · permalink · 0 reactions


Former Indonesia religion minister jailed in graft case A former Indonesian minister of religion was sentenced to five years in jail on Tuesday over a funds scandal involving the Haj pilgrimage, one of a number of cases underscoring the president's war on corruption. The Central Jakarta District Court found Said Agil Munawar, religious affairs minister from 1999-2004, guilty of involvement in the scandal, which focussed on some 700 billion rupiah (43 million pounds) in surplus funds from the government Haj programme to Saudi Arabia.

Posted in General @ 07 February 2006 18:52 CET by Jeroen · permalink · 0 reactions


October inflation surges to 17.9% on fuel Indonesia's inflation rate jumped to a six-year high after the government increased fuel prices, putting pressure on the central bank to raise interest rates today. Stocks and the rupiah fell. Consumer prices climbed 17.9 percent in October from a year earlier after a 9.1 percent rise in September, the Central Statistics Bureau said today in Jakarta. That's faster than the median forecast of 13.3 percent in a Bloomberg survey.

Posted in Economy @ 01 November 2005 07:01 CET by Jeroen · permalink · 0 reactions


Indonesia raises rates as rupiah plunges again Indonesia raised its key interest rate today by 25 basis points to 7.50 per cent effective immediately, following an ongoing fall in the rupiah this week amid worries over climbing oil prices. The beleaguered currency fell to fresh lows today past the 10,200 level to the US dollar, despite efforts by the central Bank Indonesia to intervene, dealers said.

Posted in Economy @ 25 August 2005 08:18 CET by Jeroen · permalink · 1 reaction


Cases of malnutrition also reported from Alor regency More malnutrition cases were reported on Thursday as the central government dispatched a team of health workers to West Nusa Tenggara to study the cases that were first revealed in the province a day earlier.

Posted in Health @ 27 May 2005 09:42 CET by Jeroen · permalink · 0 reactions


Inflation falls to 7,12% in March Indonesia's inflation rate fell to a better-than-expected 7.12 per cent in March thanks to cheaper food prices, according to official figures released yesterday.

Posted in Economy @ 02 April 2003 00:02 CET by Jeroen · permalink · 0 reactions


Indonesia mulls cut in corporate, value-added taxes Faced with the bleak prospect of a continuing decline in foreign direct investments, Indonesia is mulling the possibility of cutting corporate and value-added taxes after its 2004 general election. The move, revealed by Finance Minister Boediono at the World Economic Forum in Kuala Lumpur, is also aimed at improving the government's tax collection base, which is among the lowest in the region.

Posted in Economy @ 09 October 2002 00:02 CET by Jeroen · permalink · 0 reactions


Neighbors asked to help rupiah The acting governor of Bank Indonesia has asked Singapore and other neighboring countries to provide technical assistance in shoring up the embattled rupiah. Anwar Nasution said on Thursday that Bank Indonesia's request pertained to stricter supervision of foreign exchange trading regulations, which could curb speculative attacks on the rupiah.

Posted in Economy @ 28 July 2000 09:33 CET by Jeroen · permalink · 0 reactions
    
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