Trade value between Indonesia and China was down by 20 percent year-on-year to $11.7 billion in the first half this year. The trade value reduction in the first half this year was due to the impact of global economic crisis and was the first to occur since 2001. The trade value between the two countries apparently [...]
By Arya Lukito, Carbon Energy Expert, GNFI contributor, Phnom Penh (Cambodia) Reducing emission and going green. Denmark, Germany, Australia and some other developed countries have been implementing it and it even becomes part of their government program to support the economy. Well, this is not a new thing since the greenhouse gases and global warming issues [...]
Do you know how much sea fish in tons Indonesia catches annually? It is a lot! 64 million tons of sea fish is produced annually in Indonesia making it the fourth largest of the commodity in the world. In addition to sea fish, Indonesia also produces five million tons of freshwater fish annually. China remained the world`s largest fish [...]
President Susilo Bambang Yudhoyono on Friday vowed to lay the foundations for a second wave of reform that would lead Indonesia toward becoming an advanced country by 2025. Delivering his State of the Nation address to the House of Representatives, Yudhoyono outlined his plan for the nation’s future, including an overview of his next term [...]
The Jakarta Composite Index’s 67 percent gain this year makes the Indonesia Stock Exchange, which is celebrating its 32nd anniversary this week, the third best-performing bourse in Asia, the capital market watchdog said on Wednesday. Two Chinese bourses, the Shenzhen and Shanghai markets, ranked first and second with gains of 93 percent and 74 percent, respectively, [...]
I WAS in Singapore on July 17, meeting up with some fund manager friends when news broke about the bombings in Jakarta. The initial reaction was of sadness and sympathy for the victims and Indonesia in general. We also thought that it could be an opportunity to invest more in Indonesia’s stock market if it were [...]
Indonesia’s economy expanded 4 percent in the second quarter, the fastest pace in Southeast Asia, as low borrowing costs and the re-election of President Susilo Bambang Yudhoyono buoyed consumer spending. Gross domestic product grew faster than the 3.8 percent median forecast of 17 economists in a Bloomberg News survey, compared with 4.4 percent gain in the previous three [...]
The telecommunication business today is growing vastly and rapidly. Globalization also being a part of the daily life of the people that cannot be separated. One of the major activities to promote the above globalization is the growth of leading edge technology of the telecommunications that happens from time to time. The end of the [...]
Indonesia’s Islamic market is set to overtake Malaysia’s, thanks to the growth in sharia-compliant lending, one of Indonesia’s top Muslim clerics said. Indonesia, the world’s most-populous Muslim country, currently lags neighboring Malaysia, the Islamic financial hub for the region, in terms of the market for sharia financial products, but that should change given stronger government support [...]
32 Kilometers of bridge will connect Java Island and Sumatra Island spanning over Sunda Strait in 2018. It will be the longest bridge in Asia. 64 Airplanes are being ordered by Garuda Indonesia to expand its wings and double the fleet. 178 Boeing 737-900 ER are being ordered by Lion Air. 1,000 Kilometers of toll way is being developed from the west [...]