• Indonesia Seeking Middle Way in Unprocessed Mineral Export Ban

    Indonesia's controversial Mining Law No.4/2009, which puts a ban on exports of unprocessed minerals from Southeast Asia's largest economy, is not expected to be implemented in full force on 12 January 2014 as the Ministry of Energy and Mineral Resources now proposes more flexibility for miners. Sukhyar, General Director of Coal and Minerals at the Ministry, said that the proposal would imply a continuation of the export of concentrate or minerals that have been processed to a certain degree until 2017.

    Lanjut baca ›

  • Indonesia’s Foreign Exchange Reserves Rise to USD $99.4 Billion at End-2013

    Today (08/01), Indonesia's central bank (Bank Indonesia) announced that Indonesia’s official reserve assets stood at USD $99.4 billion at the end of December 2013, implying an USD $2.4 billion growth from the foreign exchange reserves at the end of the previous month (USD $97.0 billion). According to Bank Indonesia, these assets cover 5.6 months of imports or 5.4 months of imports and servicing of government external debt (well above the international standards of reserve adequacy).

    Lanjut baca ›

  • Large USD-Denominated Bond Sale; Indonesia's Rupiah Moves Sideways

    The Indonesia rupiah exchange rate is moving sideways on Wednesday's trading day (08/01). At 13:00 local Jakarta time, the rupiah was down 0.02 percent to IDR 12,240 per US dollar based on the Bloomberg Dollar Index. This morning the US dollar slightly depreciated against most Asian currencies after the International Monetary Fund (IMF) said to plan to upgrade its forecast for global economic growth as the US economy improves. Yesterday, Indonesia held Asia's largest US dollar-denominated bonds since 1998.

    Lanjut baca ›

  • Profile of Jasuindo Tiga Perkasa: Indonesia's Listed Printing Company

    The company profile of Jasuindo Tiga Perkasa has been added to our catalogue of Indonesian company files. Jasuindo Tiga Perkasa (JTPE) is a printing company that produces various commercial documents including security documents, non-security documents, holograms, card technology, smart cards, and document management. Some notable customers of the company include the Indonesian government, banks, and airlines. It is the only document and cards printing company that is listed on the Indonesia Stock Exchange (IDX).

    Lanjut baca ›