For the first time in 16 years an Indonesian president will visit the Netherlands. Starting on 21 April 2016 Indonesian President Joko Widodo will pay a two-day state visit to the former colonial masters as the last part of his short visit to the European Union. The main aim of the visit to the Netherlands is to enhance economic ties between both nations. Widodo (often called "Jokowi") will be welcomed by Dutch King Willem-Alexander, meet Dutch Prime Minister Mark Rutte, visit Maasvlakte 2 (a major civil engineering project in the port city of Rotterdam), and meet various Dutch businessmen.
20 November 2019 (closed)
USD/IDR (14,100) -12.00 -0.09%
EUR/IDR (15,600) -30.21 -0.19%
Jakarta Composite Index (6,155.11) +3.02 +0.05%
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Today's Headlines the Netherlands
The Rabobank Group, a Dutch multinational banking and financial services company with its headquarters in Utrecht, has injected USD $35 million worth of capital into its Indonesian subsidiary Rabobank Indonesia. Martyn Schouten, President Director at Rabobank Indonesia, said that the capital injection is carried out to support Rabobank Indonesia’s business expansion in Southeast Asia’s largest economy. He added that the Indonesian unit will play an increasingly important role in international business of the Rabobank Group.
State-controlled national airline Garuda Indonesia may need to stop direct flights between Jakarta and Amsterdam (The Netherlands) because the runway of Jakarta’s Soekarno-Hatta International Airport does not meet required safety standards. Airport operator Angkasa Pura II recently decreased the airport’s pavement classification number (PCN) as the surface of the runway is not strong enough to accommodate wide-body Boeings that take off while being fully loaded with passengers and fuel.
Latest Columns the Netherlands
Indonesian President Joko Widodo may visit the Netherlands in 2016. In an interview with Dutch newspaper "De Telegraaf" newly appointed Indonesian ambassador to the Netherlands Gusti Agung Wesaka Puja hinted at Widodo's visit to the Netherlands. Ambassador Puja informed further that more information about this possible state visit is to follow in the next couple of weeks. "You will be surprised," he was quoted saying. Reportedly, Bert Koenders, Dutch Minister of Foreign Affairs, will visit Indonesia in the next two weeks to prepare Widodo's visit.
Food product exports from Indonesia to the Netherlands have increased according to Wim Jansen, Commercial Manager at NIVO Import & Export BV, Netherlands-based importer and exporter of Asian food products. About 45 percent of the company’s imports constitute food products from Indonesia, reaching a value of 3.5 million euro per year. Some popular Indonesian food products that are imported into the Netherlands are chili sauce, soy sauce, crackers (krupuk), various spices and noodles.
Without any support from the United States, where Wall Street was closed due to the 4th of July festivities, stock indices in Europe found their way up. President of the European Central Bank, Mario Draghi, caused positive market sentiments after stating that the interest rate will remain low for a long while and that the current monetary (easing) policy will remain unchanged. Stock indices in Germany, France, Great Britain and the Netherlands went up between 2.1 and 3.1 percent on Thursday's trading day (04/07).
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