Thu, 17 Mar 2011
TEMPO Interactive, Jakarta:The Indonesian Chamber of Commerce and Industry (Kadin) chairman, Suryo Bambang Sulisto, says the government’s decision to lower interest rates shows it is serious about developing infrastructure. The national loan interest rate in Indonesia is the highest in ASEAN and a disincentive for investors.

Long-term project require monetary and fiscal incentives, said Suryo. Infrastructure deputy chief Zulkarnain Arief said Kadin’s national meeting discussing infrastructure in Makassar was expected to produce recommendations for the government.

Kadin is committed to accelerating infrastructure development to support the government’s program in six economic corridors.


KARTIKA CANDRA



News Search/Filter
Transaction Rates
19 Jan 18
Buy
Sell
AUD1
11,086.93
10,282.76
BND1
10,477.24
9,716.77
BTC1
159,838,574
159,838,574
CAD1
11,138.76
10,332.58
CHF1
14,435.86
13,386.54
CNH1
2,161.53
2,004.78
DKK1
2,274.54
2,109.98
EUR1
16,936.06
15,710.28
GBP1
19,222.32
17,828.67
HKD1
1,768.74
1,640.75
JPY100
12,455.87
11,554.25
LAK1
1.67
1.54
NOK1
1,763.82
1,635.42
NZD1
10,093.86
9,358.93
PGK1
4,398.26
3,862.13
SEK1
1,725.45
1,600.09
SGD1
10,477.24
9,716.77
THB1
434.25
402.60
USD1
13,831.00
12,831.00
VND1
0.61
0.56
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services