by admin | May 9, 2019 | MINING,OIL & GAS
An illustration of an oil refinery. (Shutterstock/File)The Indonesian Crude Price (ICP) rose 7.4 percent to US$68.31 a barrel in April from the previous month due to geopolitical issues, including the United States’ tightening sanctions against Iran, according to the...
by admin | May 6, 2019 | BUSINESS
Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia has assured that Indonesia’s financial system is in a stable condition, following the global uncertainty in 2018, but the central bank pointed out three risks that could destabilize the...
by admin | Apr 29, 2019 | FINTECH
The Financial Services Authority (OJK) previously said it had blocked hundreds of unlicensed P2P lending websites and applications. However, unlicensed platforms could easily be established, Investment Alert Tax Force chairman Tongam L. Tobing said in Jakarta on...
by admin | Apr 25, 2019 | BUSINESS
Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia (BI) Governor Perry Warjiyo said the central bank had recorded a narrowing trend in the current account deficit, which was recorded at 3.57 percent of gross domestic product (GDP) in the...
by admin | Apr 24, 2019 | MINING,OIL & GAS
A worker collects oil palm fruit bunches at an oil palm plantation in Lampung. (The Jakarta Post/R. Berto Wedhatama)The Indonesian Palm Oil Producers Association (Gapki) has called on the winner of the presidential election to increase the domestic demand for crude...