Archive: 2 December 2010
5 articles found
Thu, 02 Dec 2010, 15:10 WIB
Moody's puts Indonesia on upgrade review due to economic 'resilience'
JAKARTA -- Ratings agency Moody's said Wednesday it is putting Indonesia on review for a possible credit rating upgrade thanks to its economic “resilience” and improved management of the national finances. In a statement from Singapore, the agency said it was reviewing the government's Ba2 foreign and local-currency bond ratings after placing them on a positive outlook in June.
Thu, 02 Dec 2010, 15:09 WIB
Solo Techno Park to Use Solar Power
TEMPO Interactive, Surakarta:The Surakarta Research Council will build a solar-generated power plant early next year for the Solo Techno Park. However, the technology applied will not use solar cell tools. “Solar cell tools are not economical because they are costly,” said the Council Chief, B.B. Triyatmoko, yesterday. The newly discovered tools are environmentally-friendly.
Thu, 02 Dec 2010, 15:08 WIB
RI sees trade deficit of $5.3 bln with China
Jakarta (ANTARA News) - Indonesia saw a trade deficit of US$5.3 billion with China in the first ten months of 2010, the Central Statistics Agency (BPS) said. In October 2010 alone, the deficit reached US$415.7 million, BPS Chief Rusman Heriawan said on Wednesday. Separately, on Wednesday, Trade Minister Mari Elka Pangestu said the deficit was mainly caused by a decline in the oil and gas trade surplus.
Thu, 02 Dec 2010, 15:07 WIB
Mandiri disburses Rp 30.2t in palm oil sector loans
Bank Mandiri says it has disbursed Rp 30.2 trillion (US$3.35 billion) in palm oil sector loans in the first nine months of 2010, up 35 percent from the same period last year. The nation's largest lender by assets lent Rp 231.85 trillion from January to September with loan growth up 23.1 percent over the same period last year, according to a bank statement released on Thursday. Palm oil loans, according to the bank, accounted for 14 percent of its total forestry industry loans.
Thu, 02 Dec 2010, 15:06 WIB
Indonesia's Exports in Oct Highest in History
VIVAnews - Indonesia booked US$14.22 billion worth of exports during October 2010, 16.72 percent increase compared to September 2010. It was the first time that the country exceeded US$14 billion worth of exports in its history. According to Chief of the National Statistics Agency (BPS) Rusman Heriawan, the previous record was made in December 2009 at US$13.3 billion and in August 2010 at US$13.7 billion.