Indonesia Morning News For January 29

Indonesia’s GMF AeroAsia to raise $59m in new share sale Indonesia’s PT Garuda Maintenance Facility AeroAsia said on Friday it would sell 2.34 billion new shares at a minimum price of 336 rupiah a piece […]

Indonesia’s GMF AeroAsia to raise $59m in new share sale Indonesia’s PT Garuda Maintenance Facility AeroAsia said on Friday it would sell 2.34 billion new shares at a minimum price of 336 rupiah a piece […]

Trade Ministry releases permit on salt import The Ministry of Trade has released a permit to import 2.37 million tons of industrial salt to 21 companies, the Foreign Trade Director General, Oka Nurwan, said here […]

Gov’t Offers Loans to 800,000 Ultra Micro-Entreprises The government will disburse loans worth up to Rp 3.24 trillion ($272 million) to 800,000 ultra micro-enterprises to improve the economy, Finance Minister Sri Mulyani Indrawati said on […]

Widodo’s smoke and mirrors hide hard truths Facilitated by a largely unquestioning media, Indonesian President Joko Widodo’s government has become a master at the game of smoke and mirrors, which in its simplistic form is […]

Salt producer association rejects 3.7 million tons of salt The Indonesian Traditional Salt Producers Association (KNTI) has rejected the government’s plan to import 3.7 million tons of salt, said KNTI chairman Misbachul Munir in Jakarta […]

Widodo puts more starch in his ranks What was billed as a Cabinet reshuffle turned out to be little more than a riffle, but in replacing his chief of staff with a retired military commander […]

UPDATE 1-Indonesia c.bank holds rates, to accelerate reserve rules Indonesia’s central bank on Thursday kept its key interest rate unchanged, as expected, but pledged to accelerate planned changes of rules on reserve requirements, to give […]

Indonesia to regulate taxes for global firms’ subsidiaries The Directorate General of Taxation has issued a regulation on taxes for subsidiaries of global companies, an official has said. — The Jakarta Post Sales of Pajero […]

Government Issues Permit to Import 500,000 tons of Rice The Trade Ministry has officially issued the permit to import 500,000 tons of rice which will be effective until February 28. — Tempo 2018, Investment in […]

Dramatic Security Video Captures Moment #Indonesia Stock Exchange Floor Collapses (HD video) At least 28 people are reported injured while others were reportedly trapped under debris following the collapse earlier today of a mezzanine floor […]

Indonesia’s central bank issues fresh warning over cryptocurrencies Indonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential […]

Indonesia open for rice imports to contain prices The Trade Ministry says it is open to rice imports to bolster stocks, as prices have increased in recent weeks. — The Jakarta Post Unrealized Investment Projects […]