Indonesian Political, Business & Finance News

Archive: 13 January 2007

5 articles found

Indonesian reform, economy at crossroads

JAKARTA - Indonesia is on the upswing, with strong export and economic growth combining to drive the Jakarta Stock Exchange Index up by more than 55%, accounting for the world's third-best stock-market performance in 2006.

Data to determine government's gas policy to be issued soon

Long-awaited projections of the country's long-term gas supply and needs will be issued later this month, providing the government with reliable figures on whether or not it should go ahead with its liquefied natural gas (LNG) export policy and interisland gas pipeline projects.

80% Of ASEAN products exempted from tariffs

The Association of the Southeast Asian Nations (ASEAN) is moving rapidly towards a more integrated economy, with some 80 percent of total products in the region having been exempted from all tariffs since Jan 1, an official says.

Government Analyzes Oil Production Decline

TEMPO Interactive, Jakarta: The Energy and Mineral Resources Department analyzed the national oil production decline. Every year there is a production decrease of between five and ten percent.The Director General of Oil and Natural Gas, Luluk Sumiarso, said based on the analysis, most oil...

Bankers Urge BI to Relax Credit Regulation

TEMPO Interactive, Jakarta: Bankers are advising that Bank Indonesia (BI) relax the regulation on credit disbursement to the real sector. With this disbursement, the real sector, that so far has been stagnant, can grow in the future.