6:17 pm March 13, 2014 | No Comment
Bank Indonesia maintained its benchmark rate at 7.5 percent for a fifth straight month on Thursday as slowing inflation gave room for the central bank to keep up the favorable rate for boosting economic growth. Stocks and the rupiah rose.
9:45 pm March 9, 2014 | 3 Comments
Coca-Cola Bottling Indonesia isn’t spared from the country’s notorious red tape — becoming instead a symbol of the bureaucratic hurdles that hold back foreigners from investing in this country.
12:29 pm March 8, 2014 | No Comment
Indonesia’s foreign reserves rose 2 percent last month, bolstered by persistent inflow of offshore funds, which were attracted to an improving economy.
3:57 pm March 6, 2014 | No Comment
Bank Indonesia and Bank of Korea agreed on a $10 billion bilateral currency swap arrangement on Thursday, in a move meant to help protect the country from global economic shocks.
10:39 pm February 11, 2014 | No Comment
Indonesia’s commercial lenders are likely to withstand the effect of a weaker rupiah and increased interest rates amid the US Fed’s tapering of its bond-purchase program, according to global rating firm Standard & Poor’s Ratings Service.
11:43 am February 5, 2014 | No Comment
Indonesia’s economy expanded at the slowest pace in four years in 2013, as investment weakened and imports of machinery and petroleum products eroded earnings from exports.
5:09 pm February 4, 2014 | No Comment
Indonesian stocks fell for the second day on Tuesday over concerns that the US Federal Reserve’s reduction of its bond-buying program and the decline in US equities will weigh on emerging markets.
2:04 pm January 27, 2014 | No Comment
Investors are likely to target buying shares in consumer goods makers and banks in Indonesia’s equity market as the economy continues to grow on rising personal spending, shrugging off concerns of borrowing costs rising on the back of a pick-up in inflation.