Latest News

State Minister of National Development Planning: Pertamina Not Firm in Limiting Subsidized Fuel (22 April 2008)
Jakarta: State Minister of National Development Planning/National Development Planning Board chairman Paskah Suzetta said Pertamina is not firm in limiting subsidized fuel. Since the change from pertamax to premium has been started, pertamax has been rarely on the market. "Pertamina has not been firm in limiting premium consumed by luxury cars," said Paskah, after attending a limited meeting at... more >

Indonesia-Sweden Increase Cooperation on Human Rights Activity (22 April 2008)
The Indonesian and Swedish government will increase cooperation on human rights activity. Representatives from both countries will attend the first dialog on human rights on April 23-24 in Jakarta. "Human rights is an important foundation politically," said Indonesian Foreign Affairs Minister Nur Hassan Wirajuda when Swedish foreign affairs minister Carl Bildt visited his office yesterday. The... more >

INDONESIA AND AUSTRALIA WORK TOGETHER FOR CONTAGIOUS DISEASES (15 April 2008)
State Minister for Research and Technology Kusmayanto Kadiman and Australian Ambassador Bill Famer signed an agreement on contagious diseases management. The cooperation involves the Ministry of Research and Technology and the Australian Center of cooperation for Biosecurity Research and Curtin University of Technology. Diseases to be managed are bird flu, dengue fever, malaria, and other... more >

INDONESIA 2005 CURRENT ACCOUNT SURPLUS SEEN AT 0.9 PCT GDP (25 August 2005)
Indonesia`s current account surplus is seen falling to 0.9 pct of GDP or 2.74 bln usd this year from 1.2 pct of GDP or 3.11 bln usd in 2004 as imports growth outpaces that of exports, Bank Indonesia said. The capital account surplus is expected to decline to 2.06 bln usd from 2.61 bln last year, it said. The central bank said the country posted current account surplus of 953 mln usd in the... more >

PRESIDENT SUSILO CALLS FOR CONSTRUCTIVE AND POSITIVE EFFORTS TO SAVE RUPIAH (24 August 2005)
President Susilo Bambang Yudhoyono on Wednesday evening urged those wishing to take "inappropriate steps that could weaken the rupiah" to abandon the wish, and instead, make constructive and positive efforts to save the currency. "To those who likely want to take inappropriate steps and worsen the condition of the rupiah, I hope they cancel such plan. With a high morality and awareness, let us... more >

JAKARTA STOCKS TUMBLE 3.18 PER CENT AS CURRENCY SLIDES (24 August 2005)
Indonesian shares dropped 3.18 per cent in value mid-day Wednesday, triggered by the weakening of the country`s currency which sparked panic selling. The Jakarta Stock Exchange Composite Index ended at 1,032.107 at the mid-day closing, down 33.985 points, or 3.18 per cent from Tuesday`s closing of 1,066.093. Dealers said the sharp fall was primarily triggered by the continuing fall of the... more >

NO NEED TO WORRY ABOUT GOVERNMENT`S FINANCIAL CONDITION, MINISTER SAYS (23 August 2005)
Finance Minister Jusuf Anwar told the market not to panic over the government`s financial condition following Monday`s depreciation of the rupiah. "The government`s account was still enjoying a surplus of Rp22 trillion. Some are worried about the realization of the 2005 state budget, while others remained optimistic," the minister said after attending a coordination meeting between the... more >

GERMAN BANKS READY TO PROVIDE LOANDS FOR NATIONAL SHIPPING OPERATORS (20 August 2005)
German banks expressed readiness to provide loans worth US$100 million in the first stage to assist the procurement of ships through a consortium of Indonesian National Shipowner`s Association (INSA) members, a spokesman said. "We have received a commitment from the foreign banks after INSA failled to get a response from a consortium of Indonesian state banks," Oentoro Surya, chairman of INSA,... more >

PRESIDENT TO OPEN ASIA-PACIFIC MINISTERIAL MEETING ON MDG (20 August 2005)
President Susilo Bambang Yudhoyono will open an Asia-Pacific ministerial meeting on ways to achieve the Millenium Development Goals (MDG) on Wednesday, a Foreign Ministry official said on Tuesday. "The meeting on August 3-5 will formulate a joint strategy to realize the MDG in the 2000-2015 period to be conveyed to the United Nations General Assembly next September," Ngurah Swajaya, interim... more >

RI, MALAYSIA TO DISCUSS SOP FOR PATROL IN MALACCA STRAIT (20 August 2005)
Indonesia and Malaysia will discuss standard operating procedures to support coordinated patrol cooperation between Malaysia, Singapore and Indonesia (Malsindo) in Kuala Lumpur on August 10-12. "There are still a lot of problems relating to the implementation of the Malsindo cooperation in view of the absence of standard operating procedures," Indonesian navy spokesman Commodore Abdul Malik... more >

TARGET OF STATE COMPANY PRIVATIZATION IN 2005 TO BE ACHIEVED (19 August 2005)
Sugiharto, State Minister of State- Enterprises, said the government revenues from the privatization of state enterprises projected at Rp4.5 trillion in 2005 would be achieved, while the 2006 target of Rp3.5 trillion would not be difficult to reach. "The Rp4.5 trillion target in 2005 will be achieved and we have no worry about reaching the 2006 target," Sugiharto said after attending the... more >

TELKOM SUPPORTS W JAVA INFRASTRUCTURE SUMMIT 2005 (19 August 2005)
The state telecommunications firm PT Telkom for West Java and Banten believed that the West Java provincial administration`s efforts in building vital infrastructure projects in the two provinces deserved serious support. In terms of telecommunications infrastructure, Telkom will try to seek the most beneficial and least-costly technological solution, Head of the Telkom office for West Java... more >