maaf email atau password anda salah

June 21, 2016 edition

BANKING
BI Rate Slashed to 6.5 percent
At a two-day meeting, Bank Indonesia's board of governors agreed to cut its benchmark interest rate (BI Rate) by 25 basis points to 6.5 percent, effective from June 17. The drop is the fourth this year, following 25-point cuts in the months of January, February and March.

Read More

More Weekly Business articles in other editions

June 14, 2016 edition

FISHERIES
Import Taps Opened Slightly
Fisheries and Marine Affairs Minister Susi Pudjiastuti has denied a request for unrestricted fish import rights. She said a reduction in fish imports should be pursued instead. "I will not increase imports," Susi stressed during a meeting with Commission IV of the House of Representatives (DPR) last week.

Read More

June 7, 2016 edition

TRANSPORTATION
Government Legalizes Ride-Hailing Apps
The government has finally acknowledged the existence of app-based taxi applications like GrabCar, GoCar, and Uber.

Read More

May 10, 2016 edition

TRANSPORTATION
Government Inaugurates Nine New Ports
Transportation Minister Ignasius Jonan has inaugurated nine seaports in Sulawesi. They include a new port in Bungkutoko, Kendari, Southeast Sulawesi, as well as an eight-port development project in North Sulawesi, Central Sulawesi and South Sulawesi.

Read More

May 3, 2016 edition

TRANSPORTATION
High-Speed Rail Not Ready for Halim
The government's Jakarta-Bandung high-speed railway project still lacks permission to connect to the Halim Perdanakusuma Air Force Base.

Read More

April 26, 2016 edition

SOES
Establishment of Six SOE Holding companies Accelerated
The state-owned enterprises (SOEs) ministry is accelerating discussions on a draft government regulation concerning the establishment of six SOE holding companies. The formation of the six holding companies in the oil and gas, mining, banking, toll roads, housing and construction and engineering sectors is targeted to finish by mid-2016 in order to comply with President Joko Widodo's request for it to be concluded this year.

Read More

April 19, 2016 edition

SOES
Angkasa Pura II Issues Bonds
Angkasa Pura II has issued Rp2 trillion in bonds. According to CEO Budi Karya Sumadi, the funds from the issuance will be used to boost the state-owned airport management company's capital expenditures. Danareksa and Mandiri Sekuritas have been named the underwriters.

Read More

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.