Saturday, January 9th, 2010
Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday.
There would be three reasons for the inflation rate to go up, he noted.
The first one would be the impact of a ...
Posted in Bank Indonesia | No Comments »
Monday, June 15th, 2009
Undeterred by people's weakening purchasing power amid the global economic downturn, the world's largest food and beverage producer Nestl* S.A. is investing on a large scale in the ASEAN region, including completing a capacity-enhancement project in its Indonesian dairy processing plant.
The company will invest 260 million Swiss francs (US$240 million) ...
Posted in Economic News | No Comments »
