3:54 pm October 24, 2014 | No Comment
Property developer Agung Podomoro Land’s profit dropped 15 percent in the January-September period as sales declined amid a slowing economy and tight monetary policy.
2:55 pm October 24, 2014 | No Comment
State-controlled construction company Waskita Karya plans to raise Rp 500 billion ($41 million) from a bond sale next month, raising capital so that it can bid on more contracts and work on projects.
4:40 pm October 20, 2014 | No Comment
Indonesian financial markets rose on Monday, amid optimism that Joko Widodo, newly installed as the nation’s seventh president, will help improve the economy with the appointment of professionals in his cabinet and and the implementation of reforms such as lower subsidy costs.
7:48 pm October 17, 2014 | No Comment
Indonesia’s foreign debt rose at a faster pace in August on the back of rising government debt, data from Bank Indonesia showed on Friday.
8:06 pm October 15, 2014 | No Comment
Moody’s Investors Service, a debt rating agency, puts its outlook on Indonesia’s sovereign and corporate debt rating as stable in the next few quarters on the back of healthy credit fundamentals, improving macroeconomic conditions and reduced political uncertainty.
2:08 pm September 25, 2014 | No Comment
Opposition lawmakers in Taiwan citing security concerns have forced a Taiwanese company to withdraw its application on Thursday to use a Chinese vessel on a renewable energy project off the island.
12:01 pm September 1, 2014 | No Comment
Inflation slowed in August as most raw food prices steadied. The country posted a trade surplus in July, swinging from a deficit in the previous month, the Central Statistics Agency (BPS) announced on Monday.
9:29 pm August 19, 2014 | No Comment
Almost half of Indonesia’s export earnings now goes to servicing its external debt, data from Bank Indonesia showed late on Tuesday, raising concern about the country’s resilience to withstand external shocks to its financial system.
4:56 pm July 10, 2014 | No Comment
Bank Indonesia kept its benchmark interest rate, known as the BI rate, at 7.5 percent for the eight straight month in July on Thursday, as it forecasts inflation to slow toward the end of this year and the current account deficit to narrow.
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