TEMPO.CO, Jakarta – President Joko Widodo or Jokowi claims that the country’s palm oil industry is the largest in the world. He also considers palm oil as Indonesia’s green gold. “But remember, being the largest means we must also be able to perfectly manage it,” said the seventh Indonesian President during an event related to the palm […]
Read MoreThe local arm of Australia-listed Coca-Cola Amatil (CCA) plans to start selling hot coffee in Indonesia by the end of the year. “We will celebrate our 25th year [of operations here] with some exciting news. In the very near future, we’ll be bringing very high-quality coffee into Indonesia,” CCA Indonesia (CCAI) president director Kadir Gunduz […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani expects Indonesia’s upcoming political year will not negatively affect the country’s economy. Indonesia is set to hold the simultaneous regional elections in 2018 and the presidential election in 2019. Next year, according to Sri Mulyani, Indonesia will hold 171 regional elections, “Those regions are considered to be the engine for the country’s […]
Read MoreJAKARTA: Jakarta food and beverages retailer Ong Tek Tjan sells ice cream in cups his customers can eat afterwards, instead of throwing away – they are made from seaweed and taste like jelly, in flavours from peppermint to green tea. Indonesian startup Evoware, which makes the cups, as well as other containers, from farmed seaweed […]
Read MoreTEMPO.CO, Jakarta – President Joko Widodo (Jokowi) has called on the World Bank to give its outlook on the Indonesian economy amid the fast dynamic developments in the global economy. “We have urged them to explain what the Indonesian economic outlook will look like and what its shortcomings are,” he remarked following a meeting with World Bank […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) has decided to keep BI 7-day Reverse Repo Rate unchanged at 4.24 percent, whereas the deposit facility rate and lending facility rate are also kept at 3.50 percent and 5.00 percent, effective from November 17. “The decision is consistent with the efforts to maintain macroeconomic stability and financial system stability, as well as […]
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