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Indonesia sets domestic soybean price floor to protect farmers
By Yayat Supriatna JAKARTA | Fri May 24, 2013 4:41am EDT JAKARTA May 24 (Reuters) - Indonesia will impose a floor on the price of soybeans that traders buy domestically to protect farmers, while setting prices traders charge some customers for the oilseed as it looks to curb possible food inflation. The country's deputy trade minister also said on Friday that the country's beef ...
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BTPN starts branchless banking
Publicly listed Bank Tabungan Pensiunan Nasional (BTPN) will begin its branchless banking project this month to tap the country's unbanked and underbanked citizens and increase its customer … Full News here ...
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New Bank Indonesia Governor To Focus on Keeping Inflation in Check
Bank Indonesia's new Governor Agus Martowardojo said Friday that keeping inflation in check would be one of the central bank's top priorities to safeguard the nation's economy amid lingering global uncertainties.Mr. Martowardojo, who began his five-year term Friday, said the bank is ready to raise interest rates, keep the rupiah's exchange rate stable and implement various ...
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U.S. criticized over response to Indonesia attacks on religious minorities
The U.S. expressed concern Thursday over increased attacks on religious minorities in Indonesia, but human rights groups accused Washington of downplaying the problem as it looks to forge stronger relations with ...
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Indonesia cenbank gov to seek overseas talks on bank reciprocity
JAKARTA | Fri May 24, 2013 12:10am EDT JAKARTA May 24 (Reuters) - Indonesia's new central bank governor said on Friday he will seek "good negotiations" with overseas monetary authorities on banking reciprocity. Indonesia's central bank governor Agus Martowardojo told reporters shortly after his swearing-in ceremony that he would respect the country's current ...
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Indonesia says consumer prices likely fell again mm in May
JAKARTA | Fri May 24, 2013 12:02am EDT JAKARTA May 24 (Reuters) - Indonesian inflation is expected to be minus 0.8 percent month-on-month in May, deputy central bank governor Perry Warjiyo said on Friday. The April month-on-month figure was -0.10 percent. April year-on-year inflation was 5.57 percent, just above the central bank's target for the year. (Reporting by Adriana Nina ...
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Highway bridge collapses in US people in water
/enpproperty--> MOUNT VERNON, Washington -The Washington State Patrol says a highway bridge over a river has collapsed, dumping vehicles and people into the water. Trooper Mark Francis says the four-lane bridge collapsed about halfway between Seattle and Vancouver, British Columbia. Francis says he has no idea how many people are in the water or whether there are any injuries or deaths. He ...
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Long way to go before Indonesia sees rail revival
rail , with trains replacing many of the trucks carrying freight across populous Java. Rail is making a global comeback but in Indonesia the logic behind its rejuvenation is undeniable for one simple reason: For decades on the drawing board, the 615km trans-Java highway has stalled, stymied by land acquisition issues that defy a solution. That means a three- to five-day trip for the trucks ...
Jakarta Digest
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Jakarta water issues a reflection of bad planning.
Jakarta residents have little access to fresh water from the city’s water system, a reflection of bad planning on the part of city management rather than a lack of funds.
An article posted on the Jakarta-Indonesia-Urban blog reflects a serious situation facing the capital city of the country, “Already there is more waste water generated and dispersed today than at any other time in the history of our planet: more than one out of six people lack access to safe drinking water, namely 1.1 billion people, and more than two out of six lack adequate sanitation, namely 2.6 billion people.” This is a statement on the world situation, but it hits uncomfortable close to home for many Jakartans, in fact, almost a majority of them. Read more
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