Fri, 13 Nov 2015
More than 300 Australian business leaders and ministers will arrive in Indonesia next week in the wake of Prime Minister Malcolm Turnbull’s visit to Jakarta, as Canberra seeks to explore new business opportunities with its northern neighbor.

The delegation, billed by the Australian Embassy as the largest ever of its kind, will be in Indonesia from Nov. 17 to 20 for the Indonesia-Australia Business Week event.

Led by Andrew Robb, the trade and investment minister, the delegates will meet Indonesian leaders to build business links and enhance commercial exchanges in priority sectors such as agriculture, education, infrastructure, tourism and resources, the embassy said in a statement on Monday.

“Our relationship with Indonesia is vitally important and this visit will provide business leaders from both sides to meet and explore new opportunities,” Ambassador Paul Grigson said.

“By taking advantage of these opportunities, the Australia-Indonesia business relationship can thrive, not just in a bilateral sense, but also because of what we can achieve multilaterally in third markets.”

Some 345 Australian business leaders are confirmed to attend meetings and site visits in Jakarta, South Sulawesi and Bali during the IABW, while more than 600 Indonesian delegates have been invited to attend, the embassy said.

The IABW will follow Turnbull’s first trip to Indonesia as prime minister later this week, with both events expected to help “reset” ties strained by Indonesia’s executions in April of two Australians convicted of drug trafficking.

Indonesia is Australia’s 12th-largest trading partner, with two-way trade totaling A$15.7 billion ($11.1 billion) in 2014, according to the Australian Embassy. The two-way investment relationship totaled A$9.6 billion in 2014





News Search/Filter
Transaction Rates
10 Dec 18
Buy
Sell
AED1
3,945.27
3,945.27
AFN1
191.01
191.01
ALL1
133.25
133.25
AMD1
29.86
29.86
ANG1
8,164.82
8,164.82
AOA1
46.82
46.82
ARS1
388.05
388.05
AUD1
10,405.53
10,405.53
AWG1
8,050.55
8,050.55
AZN1
8,511.57
8,511.57
BAM1
8,431.27
8,431.27
BBD1
7,245.48
7,245.48
BDT1
173.05
173.05
BGN1
8,452.70
8,452.70
BHD1
38,436.54
38,436.54
BIF1
8.11
8.11
BMD1
14,490.96
14,490.96
BND1
9,195.00
9,195.00
BOB1
2,096.99
2,096.99
BRL1
3,708.22
3,708.22
BSD1
14,490.96
14,490.96
BTC1
51,648,460
51,648,460
BTN1
204.70
204.70
BWP1
1,360.84
1,360.84
BYN1
6,796.56
6,796.56
BZD1
7,188.51
7,188.51
CAD1
10,871.18
10,871.18
CDF1
8.90
8.90
CHF1
14,638.39
14,638.39
CLF1
598,453.78
598,453.78
CLP1
21.47
21.47
CNH1
2,099.64
2,099.64
CNY1
2,107.56
2,107.56
COP1
4.55
4.55
CRC1
24.21
24.21
CUC1
14,490.96
14,490.96
CUP1
562.75
562.75
CVE1
149.12
149.12
CZK1
638.47
638.47
DJF1
81.40
81.40
DKK1
2,212.98
2,212.98
DOP1
288.12
288.12
DZD1
122.24
122.24
EGP1
810.00
810.00
ERN1
966.62
966.62
ETB1
516.66
516.66
EUR1
16,519.29
16,519.29
FJD1
6,857.47
6,857.47
FKP1
18,431.57
18,431.57
GBP1
18,431.57
18,431.57
GEL1
5,472.02
5,472.02
GGP1
18,431.57
18,431.57
GHS1
2,903.91
2,903.91
GIP1
18,431.57
18,431.57
GMD1
292.45
292.45
GNF1
1.59
1.59
GTQ1
1,875.48
1,875.48
GYD1
69.10
69.10
HKD1
1,853.93
1,853.93
HNL1
593.77
593.77
HRK1
2,234.87
2,234.87
HTG1
192.66
192.66
HUF1
51.10
51.10
IDR1
1.00
1.00
ILS1
3,882.34
3,882.34
IMP1
18,431.57
18,431.57
INR1
203.02
203.02
IQD1
12.17
12.17
IRR1
0.34
0.34
ISK1
119.01
119.01
JEP1
18,431.57
18,431.57
JMD1
114.06
114.06
JOD1
20,421.16
20,421.16
JPY1
128.79
128.79
KES1
141.47
141.47
KGS1
210.90
210.90
KHR1
3.60
3.60
KMF1
33.58
33.58
KPW1
16.10
16.10
KRW1
12.89
12.89
KWD1
47,664.02
47,664.02
KYD1
17,392.14
17,392.14
KZT1
39.09
39.09
LAK1
1.69
1.69
LBP1
9.60
9.60
LKR1
81.17
81.17
LRD1
91.68
91.68
LSL1
1,022.65
1,022.65
LYD1
10,375.47
10,375.47
MAD1
1,528.63
1,528.63
MDL1
841.22
841.22
MGA1
4.06
4.06
MKD1
268.19
268.19
MMK1
9.28
9.28
MNT1
5.90
5.90
MOP1
1,800.00
1,800.00
MRO1
40.59
40.59
MRU1
397.01
397.01
MUR1
421.25
421.25
MVR1
937.92
937.92
MWK1
19.60
19.60
MXN1
714.22
714.22
MYR1
3,477.97
3,477.97
MZN1
239.32
239.32
NAD1
1,022.65
1,022.65
NGN1
39.75
39.75
NIO1
447.04
447.04
NOK1
1,704.59
1,704.59
NPR1
127.93
127.93
NZD1
9,914.71
9,914.71
OMR1
37,644.23
37,644.23
PAB1
14,490.96
14,490.96
PEN1
4,303.81
4,303.81
PGK1
4,301.65
4,301.65
PHP1
274.86
274.86
PKR1
104.30
104.30
PLN1
3,848.72
3,848.72
PYG1
2.45
2.45
QAR1
3,979.94
3,979.94
RON1
3,553.10
3,553.10
RSD1
139.56
139.56
RUB1
218.11
218.11
RWF1
16.25
16.25
SAR1
3,862.40
3,862.40
SBD1
1,823.83
1,823.83
SCR1
1,062.82
1,062.82
SDG1
304.37
304.37
SEK1
1,602.73
1,602.73
SGD1
10,566.56
10,566.56
SHP1
18,431.57
18,431.57
SLL1
1.72
1.72
SOS1
25.05
25.05
SRD1
1,943.00
1,943.00
SSP1
111.24
111.24
STD1
0.68
0.68
STN1
673.99
673.99
SVC1
1,655.92
1,655.92
SYP1
28.15
28.15
SZL1
1,022.65
1,022.65
THB1
441.39
441.39
TJS1
1,537.35
1,537.35
TMT1
4,128.52
4,128.52
TND1
4,899.73
4,899.73
TOP1
6,326.47
6,326.47
TRY1
2,722.18
2,722.18
TTD1
2,149.85
2,149.85
TWD1
468.43
468.43
TZS1
6.30
6.30
UAH1
520.80
520.80
UGX1
3.87
3.87
USD1
14,490.96
14,490.96
UYU1
451.83
451.83
UZS1
1.74
1.74
VEF1
0.05
0.05
VND1
0.62
0.62
VUV1
131.01
131.01
WST1
5,557.92
5,557.92
XAF1
25.18
25.18
XAG1
211,705.28
211,705.28
XAU1
18,100,350.99
18,100,350.99
XCD1
5,361.95
5,361.95
XDR1
20,162.54
20,162.54
XOF1
25.18
25.18
XPD1
17,707,317.07
17,707,317.07
XPF1
138.43
138.43
XPT1
11,483,991.63
11,483,991.63
YER1
57.88
57.88
ZAR1
1,020.74
1,020.74
ZMW1
1,219.18
1,219.18
ZWL1
44.95
44.95
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services