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Indonesias export revenue parked at domestic banks up in Q1
Indonesian central bank recorded the result of country's export revenue parked at domestic banks at the first quarter rose to 84 percent from 80.6 percent in the same period of last year, a senior official of the bank said here Friday.Doddy Zulverdi, director at the balance of payment group of economic and monetary statistic of the bank said that the amount of the export revenue at the ...
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Three convicts executed in Nusakambangan today
The Attorney General has announced that three convicted murderers were executed at Nusakambangan Island in Cilacap, Central Java, early on Friday morning."The executions were carried out at 0:00 a.m.," Junior Attorney for General Crimes Mahfud Manan said in Jakarta on Friday, as quoted by Antara news agency.Suryadi, one of the convicts, who hailed from Palembang, South Sumatra, was ...
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We’re Ready for Exit of QE FlowsIndonesia Official
Indonesia is ready for a sudden withdrawal of foreign funds from the country once major central banks around the world start unwinding the aggressive monetary stimulus that has helped boost inflows into Asian assets, a senior Indonesian government official said on Friday. Talk about when the U.S. Federal Reserve will start unwinding its hefty monetary stimulus has dominated markets this week, ...
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Indonesia extends forest moratorium
A senior official at Indonesia's environment ministry said on Thursday that the extension of forest business moratorium demonstrates the government's strong commitment to forest ...
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Indonesia executes three murderers
INDONESIA executed three convicted murderers today, an official said, the second time that the country has done so since 2008 in a move that drew condemnation from rights ...
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Indonesias retail sales growth slows to 10.3 yy
Bank Indonesia survey showed on Friday. The growth rate was slower than a revised 13.5 percent in the previous month, due to a slowdown in food, beverages and tobacco purchases. The survey also showed sales in culture and recreation dropped 4.9 percent on an annual basis. The survey of 600 retailers in 10 major cities across the archipelago expected sales in April to rise 13.1 percent, again ...
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Indonesias extended log ban welcome
Indonesia has drawn cheers for extending a moratorium on logging for another two years to protect its forests, but some analysts say the impact could be limited unless governance is improved. Forestry Minister Zulkifli Hasan conceded that official efforts to produce a single map of Indonesia's forests have not made much progress. And in the two years since the moratorium was first enacted ...
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Indonesia Sets Conditions for DBS Stake in Danamon
Indonesia may allow DBS Group Holdings Ltd. to buy Temasek Holdings Pte. Ltd.'s entire 67% stake in PT Bank Danamon Indonesia if certain conditions are met, Bambang Brodjonegoro, head of the fiscal policy office at Indonesia's ministry of finance, said Friday.DBS's bid to buy up to 99% of Bank Danamon--which was set to become the largest acquisition in Indonesian history--has been ...
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Guess what Shandy sick after Nyai Roro Kidul filming
Paper Edition | Page: 28 JAKARTA: During the filming process for 308, which tells the story of Nyai Roro Kidul (the legendary queen of the South Sea), actress Shandy Aulia got sick."I got sick because I was exhausted after a very long filming process," she said as quoted by kapanlagi.com.Shandy said she did not do any rituals during the filming despite many mystical stories related to ...
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People encouraged to become entrepreneurs
Paper Edition | Page: 5 The East Kalimantan provincial administration initiated a variety of programs to support poverty alleviation in the province including by encouraging the public to become entrepreneurs at a young age."The provincial administration will further spur the East Kalimantan community to become entrepreneurs to create jobs and improve people's welfare," Governor ...
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NGOs say forest moratorium must come with sanctions for violators
Paper Edition | Page: 4 Activists are applauding the extension of a government moratorium on issuing forest exploitation permits, while saying that the Forestry Ministry must ensure the policy is implemented regionally.Zenzi Suhadi, a representative of the Indonesian Forum for the Environment (Walhi), said that three things were needed to implement the moratorium: a resolution for prolonged ...
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Bill to allow Indonesian govt to fire officials for poor performance
A proposed bill regulating the state apparatus would allow the government to fire poorly performing civil servants after four years, an Indonesian deputy minister has said. Deputy Administrative Reforms Minister Eko Prasojo said on Thursday that civil servants would receive warnings if they failed their annual performance assessments for three consecutive years. "If they still fail in the ...
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Inside Indonesias Media Complex
Wayne Swan presented the Budget as if he were announcing a death in the family. Here's the report Ben Eltham filed on Tuesday from the media ...
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Young politicians rely on networking to compete in 2014 polls
Paper Edition | Page: 4 For Taufiq Amrullah and Bintang Prabowo, who don't have a lot of money, finding a way into the House of Representatives is a daunting -- but not impossible -- task.Both agreed that becoming a House member and creating pro-people regulations was the only way they could accomplish social change, which is why they are trying to find an alternative to money politics to ...
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Life death tax graft
Graft suspect Mohammad Dian Irwan is paraded after questioning by the KPK on Thursday. Dian and colleague Eko Darmayanto, both tax officials at the East Jakarta tax office, were allegedly caught red-handed while accepting S$300,000 (US$240,800) from an employee of PT The Master ...
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Indonesia seeks Asia-wide peace pact
Indonesian Foreign Minister Marty Natalegawa. On a visit to Washington, Foreign Minister Marty Natalegawa said that a new treaty could help end "the all-too-familiar vicious cycle of tensions" in Asia and instead encourage confidence by bringing countries together in their goals. Without directly mentioning a rising China or the United States, Natalegawa said that the region did not ...
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6 stadiums ready for Confederations Cup
Ready or not, the warm-up for next year’s World Cup -- the Confederations Cup -- begins in a month at six stadiums across Brazil.It will be the first major international football tournament in this … Full News here ...
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World Briefing | Asia Indonesia A Logging Ban Is Extended
Indonesia has approved a two-year extension to a landmark ban on clearing primary rain forests and peatlands, an official said Thursday. President Susilo Bambang Yudhoyono signed the decree to continue the 2011 moratorium, which barred new logging and palm oil plantation permits under a $1 billion deal with Norway and would preserve 158 million acres, said his environmental adviser, Pungki Agus ...
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Renowned priest protests award for SBY
Rev. Franz Magnis Suseno, a philosopher and renowned Jesuit priest, has sent a letter to the Appeal of Conscience Foundation (ACF), objecting to its plans to bestow the World Statesman Award to President Susilo Bambang Yudhoyono for promoting religious tolerance in Indonesia."During the eight-and-a-half years of his presidency, Yudhoyono has never told Indonesians to respect minority ...
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Densus 88 nabs more terror suspects in Solo
Police say that officers from the Densus 88 counterterrorism unit arrested two terror suspects in Surakarta (Solo), Central Java, on Thursday morning.National Police spokesperson Brig. Gen. Boy Rafli Amar said that the suspects, identified as Abraham Sungkar and David, were accused of supplying weapons and bomb-making materials to terrorists. "The two are linked to Abu Roban's group. ...
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First stop Jakarta for PMs Abbott
Opposition Leader Tony Abbott wants to establish a convention that will see all future Australian prime ministers visit Jakarta as their first trip ...
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In the village of Arabs
Bright: Handmade awnings shield customers from the afternoon sun along the street of Arabs in Bali.Mid-afternoon sun slaps ferociously against the handmade awnings strung along the footpath of … Full News here ...
Indonesia Feature
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Indonesia and Singapore: model of inter-dependence?
Indonesia is a regional power in South East Asia, but lacks the development and economic wealth of smaller nations, such as the tiny state of Singapore. Hence, it makes sense for the two countries to cooperate closely with one another as Indonesia has natural resources Singapore needs and Singapore has the financial strength Indonesia needs.
Indonesia is the sleeping giant of South East Asia. With a population of 288 million, a land mass the size of Mexico and territorial waters that could fill half of China, it’s an immense country and a regional power within the geopolitical organization known as ASEAN (the Association of South East Asian Nations). Indonesia takes up almost half the area occupied by the ASEAN countries and accounts for one third of its GDP. Read more
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