Indonesian Political, Business & Finance News

Archive: 18 May 2006

8 articles found

Bank Indonesia denies planning to apply foreign exchange control policy

May 18 16:45Bank Indonesia denies planning to apply foreign exchange control policyDenpasar, Bali (ANTARA News) - Bank Indonesia (BI - central bank) Governor Burhanuddin Abdullah on Thursday denied rumours that the central bank would apply a foreign exchange control policy to prevent the rupiah...

Indonesia's economic reform tightrope

May 19, 2006 RISKY BUSINESSIndonesia's economic reform tightropeBy Federico BordonaroPresident Susilo Bambang Yudhoyono is actively wooing new foreign investment to boost the Indonesian economy. While that newfound openness definitely sends a positive signal overseas, he still faces four big...

More Indonesian Workers in Singapore Commit Suicide

More Indonesian Workers in Singapore Commit SuicideThursday, 18 May, 2006 | 15:33 WIBTEMPO Interactive, Jakarta: The number of Indonesian workers (TKI) in Singapore committing suicide has increased.Fachry Sulaiman, Head of the Consular Section at the Indonesian Embassy in Singapore, said that in...

Indonesia shares fall 3.62 percent, rupiah at fresh low

May 18 13:22Indonesia shares fall 3.62 percent, rupiah at fresh lowJakarta (ANTARA News) - Indonesian share prices slid 3.62 percent during the morning session Thursday amid worries over further US interest rate hikes and as the rupiah also fell sharply against the dollar, dealers said.

Indonesians main buyers of Singapore apartments

Indonesians main buyers of Singapore apartmentsThe Jakarta Post, SingaporeIndonesians are registered as the largest foreign buyers of high-end homes in Singapore, exceeding other traditional buyers like Malaysia and Hong Kong, a report said.

Rupiah fall driven by global factors - Budiono

Is it true that Indonesia is attractive for investment? From past discussions here, and reading the media, I thought that the Goverment were trying to change things around because Indonesia is not a place people wanted to do business.

Rupiah fall driven by global factors - Budiono

May 18 10:37Rupiah fall driven by global factors - BudionoJakarta (ANTARA News) - The rupiah's fresh slide against the dllar is caused by global factors, given that government policies remain atractive for investment here, Coordinating Minister for the Economy Budiono said.

Plantations in C Kalimantan keep expanding

May 17 20:38Plantations in C Kalimantan keep expandingPalangka Raya (ANTARA News) - The planting of oil palm, rubber and coconut trees as well as other plantation commodities in Central Kalimantan has kept on expanding thanks to the implementation of the plantation commodities cultivation program...