ON BUSINESS

#ECONOMY

Forex Reserves Rise by $4.9b in Dec, Thanks to Strong Inflows, Improved Oil & Gas Revenue

Indonesia's foreign exchange reserves increased by $4.9 billion at the end of December, thanks to strong capital inflows.

09 January 2017 | 10:15 PM

#ECONOMY

JCI Declines on Monday Amid Lack of Positive Catalysts From Domestic Market

Indonesia's benchmark stock index declined on Monday (09/01) after three consecutive days of gains, due to an absence of positive catalysts at home.

09 January 2017 | 09:40 PM

#ECONOMY

Indonesia Revises Tax Rules to Combat Transfer Pricing: Official

Indonesia has revised tax rules for transfer pricing documentation to match global standards and curb practices of tax avoidance, an official with the tax office said on Monday (9/1).

09 January 2017 | 09:11 PM

#ECONOMY

Indonesia Bars JPMorgan From Next Dollar Sukuk Issuance: Official

Indonesia has barred US bank JP Morgan Chase & Co from submitting an underwriting proposal for its next issuance of dollar-denominated Islamic bonds, a finance ministry official said on Monday (9/1).

09 January 2017 | 09:08 PM

#ECONOMY

Lippo Group Donates Essentials to West Jakarta Fire Victims

Lippo Group donated essential items to fire victims at Zion Church in Pinangsia, Taman Sari, West Jakarta on Sunday (08/01).

09 January 2017 | 07:27 PM

#ECONOMY

New Light Rail System to Start Operations Next Year: Minister

The country's first light rail transit (LRT) system connecting Cibubur to Cawang in East Jakarta will start operations in March next year.

09 January 2017 | 07:16 PM

#ECONOMY

Gov't Plans to Complete Jakarta-Semarang Toll Road Before Idul Fitri

The government plans to open the toll road connecting Jakarta and Semarang this year to provide an alternative for motorists and reduce congestion.

09 January 2017 | 07:12 PM

#OPINION

Fewer Accidents, More Road Fatalities in 2016: Jakarta Police

Police recorded a spike in the number of fatalities from traffic accidents across the Greater Jakarta area in 2016.

09 January 2017 | 02:22 PM

#ECONOMY

France's Total Appoints Arividya Novianto as New Indonesia Boss

Total Exploration & Production Indonesie (TEPI) appointed Arividya Noviyanto as its new president and general manager.

09 January 2017 | 10:07 AM

#ECONOMY

Power Plant in Batang, C. Java, to Start Operations in 2020

Construction of a $4.2 billion worth power plant in Batang, Central Java, is set to be completed in 2020.

08 January 2017 | 08:09 PM