RI ratings as economy strengthens

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.

SBY : Indonesia Will Never Leave ASEAN

Monday, October 26th, 2009

President Susilo Bambang Yudhoyono said on Sunday night Indonesia will never leave ASEAN despite its growing role in the Group of 20 rich and developing nations (G20). "Admittedly, I have heard some worries that since Indonesia has a new club, new home, namely G20, it will no ...

President Targets Economy to Grow 7 Pct in 2014

Saturday, October 24th, 2009

President Susilo Bambang Yudhoyono has targeted the domestic economy to grow by seven percent at the end of his second five-year term in office. "In the next five years we certainly want to increase our economic growth. For example, we want to achieve an economic growth of 7 percent or more ...

Indonesia-Italy trade not affected by global crisis

Wednesday, June 3rd, 2009

The trade relations between Indonesia and Italy in the 2008-2009 period had been positively developing and remain unaffected by the global financial crisis, chief of the Italian trade commission said. Italian Trade Commission Chairman DR Angelo Infresino said Indonesia`s exports to Italy in 2008 up to May this year reached US$1.6 ...

IMF: World Lost 4 Trillion Dollar

Wednesday, April 22nd, 2009

The International Monetary Fund, on Tuesday (21 / 4) in Washington, estimates the loss due to global financial crisis. The number increased to more than four trillion U.S. dollars because of the increased credit problems in the U.S. banking sector housing. The International Monetary Fund (IMF) estimates the total cost of ...

Mega Bank take 700000 Credit Card Holder

Monday, February 9th, 2009

Jakarta - Bank Mega targets total credit cardholder until the end of year 2009 reached 700 thousand. With so then there will be increased as much as 200,000 credit cards marketed to be successful in this year.