Indonesian Political, Business & Finance News

Archive: 17 January 2011

7 articles found

Moody's upgrades Indonesia's sovereign ratings

TOKYO (MarketWatch) -- Moody's Investors Service said Monday it upgraded Indonesian government's foreign- and local-currency bond ratings to Ba1, from Ba2, with stable outlook. Moody's said in a statement that its main reasons for the move were the country's economic resilience, accompanied by...

Indonesian crop failures add to food fears

Indonesian farmer Ujang Majudin pointed to rows of rotting chilli peppers, tomatoes and egg plants as clouds gathered again over his fields, already water-logged by incessant rain.With sharply declining yields and revenue, he faces the toughest season since taking over the family farm 15 years ago.

Ministry Wants Commitment from RIM

TEMPO Interactive, Jakarta:The Communication and Information Ministry will demand a written commitment from Research In Motion (RIM), the service provider for Blackberry in a meeting scheduled for January 17.

Bali`s carp exports reach 402.2 tons

Denpasar, Bali (ANTARA News) - Bali exported a total of 402.2 tons of fish estimated at 1.82 million US dollars in the eleven months in the January-November 2010 period, in volume it was a 34.93 percent increase, and terms of value it is a 83.

RI industrialists not using common sense

Jakarta (ANTARA News) - Dahlan Iskan, president director of state electricity company PT PLN, has accused Indonesian industrialists of being spoiled and not using their common sense in rejecting the new basic electricity tariff for industry.

Minister: Palmoil, rubber, promising commodities

Sawang, Aceh (ANTARA News) - State Enterprises Minister Mustafa Abubakar said palm oil and rubber commodities are promising and therefore he called on banks not to hesitate to extend credit for palm oil and rubber plantation development.

Bali`s ornamental fish exports up 9.9 pct

Denpasar, Bali (ANTARA News) - Bali province`s ornamental fish exports in the January-November 2010 period rose 9.99 percent to US$1.02 million from the same period the year before."The ornamental fish exports fell 0.