Minister of Finance, Agus Martowardojo (file photo)

Minister Martowardojo ready for fit and proper test

REPUBLIKA.CO.ID, JAKARTA - Minister of Finance, Agus Martowardojo, claimed that he was ready for fit and proper test at the House of Representatives, as he was nominated by the president to fill the position of governor of Bank Indonesia. "President has chosen the candidate and I have to follow the rules as required including going to the House," Martowardojo said...

Bank Indonesia as central bank must restrict the location of foreign bank offices. (illustration)

Economist: BI must govern foreign banks

REPUBLIKA.CO.ID, JAKARTA - Economist from Indonesian Institute of Science (LIPI), Latif Adam, suggested Bank Indonesia (BI) to regulate the location of foreign bank offices. "Whether it will be located only in capital province or until district," Adam said on Thursday. His statement is following BI policy on Capital Equivalency Maintained Assets (CEMA). The policy requires every foreign bank office to have minimum...

Indonesia booked total FDI of 107.6 trillion IDR in the first half this year, led by mining and manufacturing (illustration)

Senin , 22 Oct 2012, 13:38 WIB

Indonesia FDI at record 5.9 billion USD on Q3

Heads of delegations have a photo session in Asia Cooperation Dialogue (ACD) forum in Kuwait, Tuesday.  Attended by 32 countries, the forum is established to bridge some missing link in Asia.

Kamis , 18 Oct 2012, 19:29 WIB

ACD agrees on energy security framework

A wide variety of fabric made of small medium enterprises (SME) are on display in an axhibition. International Monetary Fund (IMF) once again trims the forecast of Indonesian economic growth from 6.1 percent to 6 percent due to the continuation of global e

Kamis , 11 Oct 2012, 16:00 WIB

IMF trims Indonesian growth forecast

Products of small medium enterprise (SME) are on display in an exhibition in Jakarta, last week. IFC commits to improve financial access for 1.6 million people and 5,000 small and medium enterprises (SMEs) in Indonesia. (illustration)

Rabu , 10 Oct 2012, 16:12 WIB

IFC to invest more in Indonesia

In its effort to face financial crisis, Coordinating Forum on Financial System Stability (FKKSK) will hold crisis management simulation. From left to right, the head of OJK, Muliaman D Hadad, BI governor darmin Nasution, and Minister of Finance Agus Martow

Selasa , 02 Oct 2012, 13:55 WIB

Indonesia to hold simulation on financial crisis

Activities in a coal mining in Central Kalimantan.  A myth says that Indonesia's economy is mainly driven by resources. Yet, Presiden Susilo Bambang Yudhoyono refutes the notion. (illustration)

Selasa , 25 Sep 2012, 17:35 WIB

SBY claims Indonesia breaks five myths