Sunda Strait in the program of 100 Days

Saturday, November 28th, 2009

Infrastructure connecting the Sunda Strait in the 100-day work program of Public Works Minister although still in the form of a feasibility study which will be poured in the form of Presidential Regulation.

Jakarta expects to earn Rp1.6 trillion from tourism

Monday, November 23rd, 2009

The Jakarta administration is upbeat over its target to earn Rp1.6 trillion from tourism through its "Jakarta Tourism Expo 2009" in a number of regions, including Surabaya, a tourism official said. "The target is higher than that of last year which was Rp1.5 trillion," head of the Jakarta Tourism and Culture ...

DPR Rejects BI’s Pay Raise Proposal

Friday, November 20th, 2009

The proposal for raise on salary, benefits, and other earnings by Bank Indonesia (BI) wasn't entirely approved by the People's Consultative Council (DPR). The DPR's Commission XI, for the field of finance and banking, would only allow raise for managerial level and below. The approved raise will be calculated based on ...

BI Optimistic that Inflation will Remain Safe during Idul Fitri

Friday, September 18th, 2009

Darmin Nasution, a Senior Deputy Governor of the central bank, Bank Indonesia, has said that the inflation rate will remain safe during Idul Fitri. “The price of only one or two commodities will worsen,” he said at a meeting about budgeting at the House of Representatives (DPR), last night (17/9). Darmin explained ...

Demand for cash to rise ahead of holiday

Saturday, September 5th, 2009

Demand for cash to rise ahead of holiday Bank Indonesia predicts demand for cash will increase 160 percent reaching Rp54.2 trillion ahead of the post-Islamic fasting month holiday of Lebaran. The central bank`s deputy governor, Budi Rochadi, said at a press conference here on Friday the cash demand would consist of Rp49/5 ...

BI maintains rate at 6.50 percent

Friday, September 4th, 2009

The BI Board of Governors in a meeting here on Thursday decided to maintain the BI Rate at the level of 6.50 percent, The BI Board of Governors considered the monetary policy relaxation since December 2008 by cutting the BI rate by 300 basis points to 6.50 percent, was quite conducive ...

BI Freeze BPR Syariah in Garut

Tuesday, May 5th, 2009

BI Freeze BPR Syariah in Garut Jakarta - Bank Indonesia Bandung liquidate Perkreditan Bank Rakyat Syariah (BPRS) in Garut Babussalam since 1 May 2009. This had to be freezing BPRS Babussalam because it violates principles of circumspection in the performance. "Management Babussalam BPRS is not able to manage the bank well. Weakness ...

Sinarmas Bank got capital injection Rp 100 billion

Tuesday, January 27th, 2009

Jakarta - Bank Sinarmas get capital injection worth Rp 100 billion from the main business of PT Sinar Mas Multiartha Tbk (SMMA). Currently, the amount of capital paid Sinarmas Bank of Rp 275 billion and capital base Rp 500 billion. "The number of deposit additional capital does not exceed 10% of ...

Bank In Indonesia

Saturday, December 27th, 2008

Bank Sentral (The central bank of Indonesia) Bank Indonesia Conventional banks Bank Persero (State Own Banks (full list)) PT Bank Ekspor Indonesia (PERSERO) PT Bank Negara Indonesia (PERSERO) Tbk PT Bank Rakyat Indonesia (PERSERO) Tbk PT Bank Tabungan Negara (PERSERO) PT Bank Mandiri (PERSERO) Tbk