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Jasa Marga Looks to Sell Jakarta, Central Java Toll Assets in 2017

State-controlled toll operator Jasa Marga plans to sell shares in some of its toll roads for more than Rp 1 trillion ($74.6 million) as part of an effort to raise funds for expansion and pay debt next year.

20 December 2016 | 10:58 AM

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Indonesia Central Bank Looks to Slash Zeroes off Its Currency Notes

Indonesia's central bank governor said on Monday (19/12) the bank is seeking to slash three zeroes off the face value of rupiah notes in a move to simplify it currency system.

20 December 2016 | 09:49 AM

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New Banknotes, Coins With Fresh Designs, Improved Security Features Introduced

Bank Indonesia officially started on Monday (19/12) to circulate banknotes and coins with improved security features and fresh new designs.

19 December 2016 | 09:56 PM

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New Multipurpose Electronic Card for Train Passengers

Kereta Api Indonesia and Bank Negara Indonesia launched a multipurpose electronic card for frequent passengers, allowing them to use one card.

19 December 2016 | 09:03 PM

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Indonesia State Research Firm Sees 2016 Palm Oil Production Down 2.3%

The Indonesian Oil Palm Research Institute said on Monday (19/12) it expects 2016 palm oil production to be 34.71 million tonnes, down 2.26 percent from 35.51 million tonnes last year due to dry conditions related to an El Nino weather pattern.

19 December 2016 | 08:15 PM

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JCI Continues Decline Amid Geopolitical Tension Between US and China

Indonesia's benchmark stock index declined for a fourth consecutive day on Monday as Asian stocks closed lower amid continuing geopolitical tension.

19 December 2016 | 08:13 PM

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Foreign Debt Growth Slows in October: Central Bank

Indonesia's foreign debts grew slower in October as both private and public sectors incur fewer debts, the central bank revealed on Monday (19/12).

19 December 2016 | 08:03 PM

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Yuan's Depreciation Could Affect Indonesian Exports: CBank Governor

Indonesia central bank governor Agus Martowardojo said on Monday that depreciation of Chinese yuan could negatively affect Indonesia’s export competitiveness.

19 December 2016 | 08:01 PM

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Indonesia 2017 Palm Oil Output to Rise 6.6%: State Research Firm

The Indonesian Oil Palm Research Institute said on Monday it expects 2017 palm oil production to rise by 6.6 percent to 37 million tonnes, from 34.71 million this year.

19 December 2016 | 07:59 PM

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Pertamina to Buy 1 Mln Barrels of Iranian Crude in Q1 2017: CEO

State energy company Pertamina will buy 1 million barrels of Iranian crude oil, expected to be delivered in the first quarter of 2017, its chief executive Dwi Soetjipto told reporters on Monday (19/12).

19 December 2016 | 07:54 PM