BCA : No ATM services block

Wednesday, January 27th, 2010

Messages, which have been circulating among customers, claiming to have cited information from BCA employees have been circulating said the bank would blockade ATM transactions starting 12 a.m. Sunday to Jan. 25. They encourage depositors to withdraw money immediately if needed.

VP : Bank Century case should be settled soon

Thursday, December 3rd, 2009

Vice President Boediono said the sooner the Bank Century case was settled , the better so that it would not create prejudices in society. "I wish the law enforcers will not just wait. They need not wait for the result of the House inquiry . With or without the House inquiry ...

BI : Foreign exchange reserves to reach US$66 billion

Thursday, December 3rd, 2009

Acting governor of Bank Indonesia Darmin Nasution said he believed the country`s foreign exchange reserves could reach US$66 billion by the end of this year. "We believe they could reach US$66 billion and so we would be able to finance 6.5 months of imports as well as repay debt installments and ...

RI to stop importing cows weighing over 350 Kg

Monday, November 23rd, 2009

Agriculture Minister Suswono said that Indonesia would import cows that weighed not more than 350 kg each so that they could be raised in the country first before being slaughtered. "So far, Indonesia has been importing cows weighing more than 350 kg. Many of the imported cows even weighed between 400 ...

Govt to review fertilizer prices in April 2010

Monday, November 23rd, 2009

Visiting Indonesian Agriculture Minister Suswono said here on Friday the government would review domestic fertilizer prices in April next year. "Fertilizer prices in the country will be reviewed in April 2010 because the amount of state budget funds to subsidize them has decreased," the minister said.

VP visits small scale industry in Italy

Monday, November 23rd, 2009

ndonesian Vice President Boediono and his entourage on Thursday visited a small-scale ceramics industry at Dereto, about a one-hour`s drive from Rome. Boediono, accompanied by his wife, Herawati, was greeted by Dereto Mayor Alfaro Verbena upon arrival.

When It’s Easy to Get Credit Cards in Indonesia

Wednesday, November 11th, 2009

The value of stagnant credit or non-performing loan (NPL) for credit cards is still high. Based on the Indonesian Banking Statistics (SPI), the value of credit card NPL per September 2009 is Rp. 2.95 trillion, or 8.7 percent of the total outstanding credit that reaches Rp 33.63 trillion. Since July ...

Do New Ministers Deserve to Have Raise on Salary?

Monday, October 26th, 2009

Chief Economic Minister Hatta Radjasa said the government was considering raising the salaries of the newly appointed ministers. "Their salaries are arranged in a government regulation. I did not say there salaries need to be raised, but it is being considered," the minister said after ...