Prices accelerated in September due to higher demand in the fasting month and Idul Fitri holiday, according to the Central Statistics Agency (BPS), prompting predictions that the central bank will maintain its benchmark rate. Also on Thursday, BPS announced that August’s exports had reached US$10.55 billion, surpassing $10 billion for the first time since October last year, as Indonesia’s major trading partners experienced economic recovery.

Quoting: JG Flamboyant and controversial businessman Bambang Rachmadi is trying to turn around his recently troubled business fortunes by transforming his 13 former McDonald’s fast food outlets into a new food brand, “ToniJack’s Indonesia.” The abrupt rebranding included the first-ever McDonald’s outlet in Indonesia, located at Jakarta’s first modern department store, the Sarinah shopping mall. ...

Flamboyant and controversial businessman Bambang Rachmadi is trying to turn around his recently troubled business fortunes by transforming his 13 former McDonald’s fast food outlets into a new food brand, “ToniJack’s Indonesia.” The abrupt rebranding included the first-ever McDonald’s outlet in Indonesia, located at Jakarta’s first modern department store, the Sarinah shopping mall.

Exports rose 8.9 percent in August on a monthly basis, the Central Statistics Agency announced on Thursday, a result analysts said was further confirmation of a nascent economic recovery among the country’s major trading partners. The agency announced that exports in August rose to $10.55 billion from the previous month, although the total was still 15.41 percent lower than in the same period last year.