Archive for the ‘Economic News’ Category
Sunday, August 15th, 2010
Indonesia will be host the event from the AEC
Indonesia will follow the ASEAN Economic Community (AEC) in Da Nang, Vietnam on 25 August. Coordinating Minister Hatta Rajasa was appointed as chairman of the AEC Indonesia.
Hatta also reveal if the Minister of Trade Mari Elka Pangestu will become his deputy at ...
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Wednesday, March 24th, 2010
Indonesia’s inflation may show an upward trend this year along with surging commodity prices globally, which could discourage capital inflows into the country, An upward trend in inflation was “possible”, Finance Minister Sri Mulyani Indrawati said Friday after a meeting at the Coordinating Economic Ministry, citing increasing commodity prices as ...
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Friday, March 5th, 2010
President Susilo Bambang Yudhoyono's speech, Thursday, regarding the parliament plenary, seems to have had a positive influence over the market.
The Composite Stock Price Index (IHSG) rose by 0.56 percent, or rose by 14.49 points to 2,580.135. The consumer's sector has been the main support of the index at the ...
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Monday, March 1st, 2010
British insurer Prudential PLC said Monday it was in advanced talks to buy the Asian operations of US insurer American International Group Inc. News reports say the deal could be worth around US$30 billion or more.
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Wednesday, January 27th, 2010
Finance Minister Sri Mulyani Indrawati expressed her optimism on Tuesday that inflation in January would remain under control but she also called for a continuous watch on the rice price hike.
"The contribution of rice price to inflation is still quite big. Other than that I think it all remains stable," ...
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Wednesday, January 27th, 2010
Fitch Ratings on Monday upgraded Indonesia’s long-term foreign and local currency ratings to BB+ from BB, one level below investment grade, citing the country’s resilience to the global financial crisis.
S&P’s rating is three levels below investment grade, while Moody’s is two levels below investment grade.
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Thursday, January 14th, 2010
Former chairwoman of the Financial System Stability Committee (KSSK) Sri Mulyani said she reported to then Vice President Jusuf Kalla on the Bank Century bailout decision on November 25, 2008, not on November 22, 2008.
"I reported to the vice president (Jusuf Kalla) on November 25, 2008," Sri Mulyani said in ...
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Thursday, January 14th, 2010
Cement company PT Indocement Tunggal Prakarsa in Tarjun, South Kalimantan, finally settled its tax arrears of about Rp3 billion on quarrying-C mining business, after the local government refused the company`s tax deduction request.
Head of the regional Revenue, Finance and Asset Management of Kotabaru district, H Achmad Chairansyah said here Wednesday ...
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