Category: Indonesia
Finance minister Agus not a Shoo-in as Bank Indonesia Chief
Chances for Finance minister Agus Martowardojo to become head of the central bank appear slim as some major factions at the House of Representatives continue to voice their [...]
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Indonesia’s February inflation accelerates to 5.31pct
Indonesian inflation in February hit a 20-month high after government measures to limit commodity imports pushed up consumer prices, an official said on Friday. Inflation [...]
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Indonesia’s trade deficit, inflation Nag while economy team in flux
Indonesia’s trade balance stayed in deficit in January and inflation last month hit a 20-month-high, underlining the top challenges for the government after the [...]
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Indonesia, Korea to build fighter aircraft
Indonesia and South Korea are cooperating in building a joint fighter but politics are delaying progress. The project will produce the KFX/IFX fighter, which is called a [...]
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Indonesia’s tax office to recruit 5400 new officers this year
Indonesia’s tax office says it will recruit 5,400 new tax officers this year in an attempt to boost the country’s tariff revenue. The finance ministry’s [...]
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Indonesia inflation accelerates to 20-month high on food, power
Indonesia’s inflation accelerated to a 20-month high in February on higher food prices and power tariffs, reducing scope for the central bank to cut interest rates as [...]
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Indonesia expected to post trade deficit again
Indonesia is likely to record trade and current account deficits again this year as the country’s strong growth attracts more imports even as global demand and prices [...]
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Vale Indonesia blames falling nickel price for profit dip
Net income at the Indonesian unit of global nickel giant Vale last year fell to less than a quarter of the figure a year earlier, unaudited results released on Thursday [...]
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President Yudhoyono hails Indonesia’s democratic success
President Susilo Bambang Yudhoyono said that Indonesia has successfully managed its transition toward democracy, which started in 1998, a success he attributed to a [...]
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1st Russian-made Sukhoi jet delivered to Indonesia
The first Russian-made Sukhoi passenger jet has been delivered in Indonesia, about nine months after the same type of plane crashed into a volcano during a demonstration [...]
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Indonesia: Signs of new thinking on Papua
The 21 February slaying of eight soldiers in two separate incidents by anti-government rebels in Indonesia’s troubled Papua province sent shock waves through [...]
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Freeport Indonesia CEO: 2013 Output Likely +30pct Vs 2012
PT Freeport Indonesia expects output from its Grasberg copper and gold mine to rise 30 percent this year, after falling around 40 percent last year, the chief executive said [...]
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China’s Tencent to delve deeper into Indonesia social media market
Tencent Holdings, China’s biggest online gaming and social networking company, has set up a joint venture with Indonesia’s biggest media group PT Global Mediacom [...]
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Indonesia fin min says no political pressure to oust him
Indonesia’s finance minister said there was “no political pressure” to oust him, disputing media speculation that he was being pushed out of the cabinet [...]
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Move to sideline Indonesia’s finance minister worries critics
The planned removal of Indonesia’s Finance Minister Agus Martowardojo has sparked concern that the government is once again choosing political expediency over retaining [...]
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