Bank Indonesia (BI) or the central bank has set a target of fully implementing Bank Indonesia National Clearance System (SKNBI) in all 106 clearance regions this year, an official said.
“The implementation of SKNBI in Palembang, Bengkulu, Bandar Lampung, Palangkaraya, Jambi and Lhokseumawe has caused 96 percent of clearance transaction nationwide to get connected. Theremaining 4 […]
The Indonesian Service at the Voice of America launched VOA Executive Lounge today. The seven-day-a-week program (VOA Executive Weekend on weekends) for young professionals will be carried from 7:00 to 7:30 p.m. Indonesian time on the Trijaya Radio Network, the leading station in Jakarta. Each program will focus on how young professionals can be successful […]
Publicly-listed information technology company PT Astra Graphia Tbk announced on Tuesday its net profit rose 54.1 percent to Rp 55.56 billion (US$6.17 million) in 2006 from Rp 36.06 billion a year earlier on an increase in operationalincome and difference of the rupiah’s exchange rate against the dollar.
Operational income rose 13.48 percent to Rp 619.03 billion […]
Publicly-listed Bank Rakyat Indonesia (BRI) has set aside Rp 1 trillion (US$111 million) in fund to buy stakes in a number of leasing firms and banks as part of efforts to expandits businesses, its general director Sofyan Basir said Thursday.
The budget for the acquisition of leasing firms and banks was contained in the bank’s business […]
Indonesian shares ended flat Friday with gains in telecommunication, mining blue chips keeping index barly in positive territory.
The Jakarta Stock Exchange Composite index closedup 0.529 point at 1,760.019 from previous of 1,759.490 as the market remained in a consolidation mode ahead of an announcement of a central bank’s new policy on interest rate Tuesday.
Heavyweight Telkom […]
Many Asian markets slid again Friday amid lingering jitters over the global selloff sparked this week by the plunge in Chinese stocks.
But markets in Hong Kong and Shanghai edged higher as some investors snatched up stocks that had fallen to attractive levels in recent days.
Hong Kong’s Hang Seng Index rose 95.41 points, or 0.49 percent, […]
At this year’s International Java Jazz Festival, foreign-based performers may outnumber homegrown artists, but that does not mean that the latter were willing to be outdone by the former.
On Saturday, the second day of the festival, local artists, who make up only 40 percent of the entire lineup of 200 performers, shone the brightest and […]
Twenty new species of sharks and rays have been discovered in Indonesia in a five-year survey of catches at local fish markets, Australian researchers said Wednesday.
The survey by the Australian Commonwealth Scientific and Industrial Research Organization, or CSIRO, represents the first in-depth look at Indonesia’s sharks and rays since Dutch scientist Pieter Bleeker described […]
Indonesia has ended its search for survivors of the latest ferry disaster with 23 people still missing and 54 confirmed dead, a navy officer said on Thursday.
There was only a “very slim” chance those missing were alive, Western Fleet spokesman Herman Pakan told AFP.
The Levina I ferry caught fire last Thursday 60 nautical miles northwest […]
Yogyakarta-based journalists who survived the powerful May 27, 2006, earthquake have received equipment distributed by the local branch of the Alliance of Independent Journalists (AJI).
Chairman of AJI Yogyakarta, Bambang Muryanto, said Monday that 42 journalists received donations of MP4 players, digital cameras and computers.
“In total we distributed 20 computers, 12 MP4 players and eight digital […]
Indonesia’s economy expanded 5.68% in 2005, which was revised from the preliminary figure of 5.60%.
“Natural disasters in 2006, such as the Yogyakarta earthquake (in May) and floods in some rice-producing areas (in the fourth quarter) took away some growth potential,” agency chairman Rusman Heriawan told reporters at a media briefing.
Heriawan said Indonesia recorded growth in […]
Indonesia grounded seven Boeing 737-300s operated by budget airline Adam Air after the fuselage of one plane cracked during a hard landing, forcing a temporary airport closure, officials said Thursday.
The incident came weeks after an Adam Air plane plunged into the sea halfway through a two-hour flight, killing all 102 people aboard. The cause […]