Indonesian Political, Business & Finance News

Archive: 2 December 2010

5 articles found

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.

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.

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.

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.

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.