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President Optimistic Crisis To End In 2010

President Susilo Bambang Yudhoyono said he was optimistic the current global financial crisis would end in 2010 , followed by recovery in 2011 and further economic growth. Read More »

Time To Be More Optimistic Than Ever For Bali Tourism Market

The JW Marriott and Ritz-Carlton Bombings in Jakarta last July may have caused a setback for the Bali tourism market that has performed relatively very well despite the global financial crisis and the threat of a global H1N1 pandemic. Read More »

Private Sector Invited To Join Village Energy Programs

Private sector and local governments are expected to participate more in helping villages reach energy self-sufficiency as the central government is lacking the funds to run such programs alone. Read More »

Rupiah Significantly Strengthens To Below Rp10,000

The rupiah significantly strengthened against the US dollar in the Jakarta interbank spot market here on Wednesday morning on high demand for the local currency. Read More »

PLN May Revise Investment Plans

State electricity company PT PLN may have to reconsider its investment plans for 2010 following the House of Representatives’ rejection of the company’s request to raise its production cost margin, from the current 5 percent. Read More »