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PT Bank Negara Indonesias chief economist Ryan Kiryanto said here on Saturday that foreign banks are eyeing further expansion into Indonesia's banking sector. "Many public funds have yet to enter banks and many regions in Indonesia still lack banks
The Indonesian rupiah traded at Rp11,8200 against the dollar in the Jakarta interbank spot market on Wednesday evening, down 18 points from Rp11,803 the day before. "The results of a survey indicate slow domestic retail sales have burdened the
Commission XI of the House of Representatives and the government agree on revisions of a number of macro economic targets set in the 2014 state budget. The new targets would be used as materials for discussion on revised budget ceiling at the House
The Jakarta composite index (JCI) closed higher on Tuesday on foreign investors taking a return back to the domestic market. The index of the Indonesian Stock Exchange (BEI) rose 61.01 points or 1.25 percent to 4,946.09 points with the index of 45
DAR (Drink and Recharge) Coffee Roasters is launching a range of handcrafted coffees blended with spices to give them an exciting extra dimension. A variety of blends is available to suit different tastes and purposes. Founder Omar Albraky has a
The Indonesian currency rupiah regained some of its losses against the US dollar in the first minutes of trade on Friday. Rupiah , after being on the decline in the past several days gained 32 points trading at the level of 11,828 per US dollar from
They were net sellers in May particularly in the past two weeks after the junta took the administrative control, with sale outpacing purchases by over Bt33 billion. In the past two weeks, the Stock Exchange of Thailand index survived sell-offs thanks
The peso slightly weakened against the dollar, affected by a regional slide led by the Indonesian rupiah even if losses were tempered, as investors tracked the Philippine stock market while waiting for overseas economic data. A dollar fetched P43.
Southeast Asian-centric equity products, Asean Exchanges, a group of bourses supporting regional integration, has rolled out three new indices broadly covering the growing Asean equity market...The series comprises constituents from seven bourses in
Katy Watson shows the effect the drought in Brazil has had on coffee plants...He points out that the younger bushes have faced the biggest problems. Their root systems are not as established so they have not been able to get the water that they need.