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Indonesian property developers’ credit stable in 2014: Moody’s

indonesia housing complex

The Jakarta Post, Jakarta Moody’s Investors Service has said that the credit profiles of Indonesian property developers rated by Moody’s will remain stable into 2014, despite multiple headwinds. “Indonesian property developers that we rate will maintain stable credit positions over the next six to 12 months despite the multiple headwinds that they face, including a […]

November 20th, 2013 | Published in Economic | Read More »

RI businesspeople rank third behind peers in UAE, India

investment in gas

Tassia Sipahutar, The Jakarta Post Indonesian businesspeople are among the most confident in the world as foreign trade and domestic consumption continue to increase within the next six months, a report has found. According to the latest HSBC Trade Confidence Index, the world trade prospect shows a positive outlook for the next six months, with […]

November 15th, 2013 | Published in Economic | Read More »

Garuda Indonesia Plans to Double Fleet by 2025


By Siva Govindasamy (Jakarta Globe) Indonesian flag carrier Garuda Indonesia plans to add up to 250 aircraft by 2025 to effectively double its fleet and meet demand in one of the world’s fastest-growing aviation markets. Garuda is rising to the challenge of privately held Lion Air, Malaysia’s AirAsia and Mandala Airlines — part-owned by Singapore’s […]

November 15th, 2013 | Published in Economic | Read More »

Investments may top Rp 500 trillion next year on DNI revision

Investment DNI

Economic talks: New York University senior economist Nouriel Roubini (left to right), Finance Minister Chatib Basri, State-Owned Enterprises Minister Dahlan Iskan, Bank Mandiri president director Budi Gunadi Sadikin and Bank Mandiri president commissioner Edwin Gerungan share a light moment during the Mandiri Investment Forum, entitled Indonesia: Preparing for the New Era, at the Grand Hyatt […]

November 12th, 2013 | Published in Economic | Read More »

Door widens for foreign investors


Satria Sambijantoro, The Jakarta Post Indonesia plans to reduce the foreign ownership cap in the telecommunications and pharmaceutical sectors and open up new industries, such as airport management, to boost foreign direct investment (FDI), which is needed to reverse an economic slowdown. A meeting to discuss the revised version of the negative investments list (DNI) […]

November 7th, 2013 | Published in Economic | Read More »

Indonesian Consumers Remain Most Optimistic Worldwide, Nielsen Says


By Jakarta Globe Indonesian consumers remain the most optimistic in the world, despite high inflation linked to the government increasing the price of subsidized fuel in June this year, a survey from Nielsen showed. The global research company released on Friday its “Nielsen Global Survey of Consumer Confidence and Spending Intentions,” which measures the consumer […]

November 4th, 2013 | Published in Economic | Read More »

Trade Expo Indonesia (TEI) Records Total Transactions of USD 1.82 Billion

trade expo indonesia 2013

Jakarta, Indonesia, Oct 25, 2013 – (ANTARA) – Trade Expo Indonesia (TEI), which ended on October 20, 2013 at JIExpo, Kemayoran, Jakarta, saw total transactions amounting to USD 1.82 billion, consisting of USD $692.2 million in products, USD 65.9 million in services and USD 1.068 billion in investment. This number increased 82% compared to the […]

October 31st, 2013 | Published in Economic | Read More »

Indonesia`s initiative on mainstay product trade development accepted

apec-indonesia 2013

Nusa Dua Bali (ANTARA News) – Indonesia`s proposal for mainstay product trade development, such as crude palm oil, rubber and rattan–which will contribute to inclusive and sustainable development, boost rural development and reduce poverty–has been accepted. “The Indonesian initiative was agreed upon by Asia Pacific Economic Cooperation (APEC) trade ministers during meetings on October 4 […]

October 8th, 2013 | Published in Economic | Read More »

APEC Business Advisory Council issues five recommendations

apec-indonesia 2013

Nusa Dua, Bali (ANTARA News) – The Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) issued five recommendations for the 21 APEC member economies at the APEC CEO Business Summit, which ended on Monday. The recommendations cover regional economic integration, sustainable development, entrepreneurship and small and medium businesses, economic and banking forum, and industry dialogues […]

October 8th, 2013 | Published in Economic | Read More »

Prevent protectionism, continue trade liberalization effort: Yudhoyono

apec ceo summit

APEC CEO Summit (ANTARA FOTO/Wahyu Putro A) Nusa Dua, Bali (ANTARA News) – President Susilo Bambang Yudhoyono during the opening ceremony of the APEC CEO Summit here on 6 October2013 called on member economies to prevent protectionism and continue the region`s effort to facilitate more trade liberalization in the future. “We all need to do […]

October 7th, 2013 | Published in Economic | Read More »