Business News

World Bank projects Indonesian economy to grow 5.2%

Jakarta [Indonesia], June 7 (ANI) | The World Bank (WB) has projected that the Indonesian economy would grow 5.20 percent this year, more than the government's projection of 5.18 percent.The WB said both private consumption and investment are expected to strengthen.The World Bank country director for Indonesia, Rodrigo A Chaves…

12 Countries Issue Travel Advisory after Bomb Terror in Indonesia

Wed, May 16, 2018| Tourism Minister Arief Yahya stated 12 countries have issued a travel advisory for the tourist to visit Indonesia following the series of terrorist attacks and bomb terrors in several regions. “So, the travel advisory means the country is still safe to visit, it’s an alert; not forbid,” Arief stated when…

Preparations for IMF-World Bank meeting continue despite bombings: Minister

Tue, May 15, 2018 | The Finance Ministry is confident that the recent suicide bombings in Surabaya, East Java, will not affect the government’s preparations for the 2018 IMF-World Bank meeting, which is scheduled to be held in Bali in October. “We are going ahead with our preparations,” Finance Minister…

Rupiah Weakens to 14,065/US$

Wed, May 16, 2018 | The rupiah's inter-bank exchange rate in Jakarta on Wednesday morning was corrected 35 bps to trade for 14,065 per US dollar.  Bisnis.com reported that at 08:23 Jakarta time the spot opened with a 0.24-percent decline at 14,070 per US dollar. The rupiah remained at Rp14,070 per…
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