Tuesday, January 22, 2019 - 5:51:26

Indonesia's Lion Air recommended to improve safety culture

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Indonesia's Lion Air recommended to improve safety culture

The Indonesian National Transportation Safety Committee (NTSC) on November 28 recommended that Lion Air must improve its safety culture and better document repair work on its planes, after a Boeing 737 MAX aircraft crashed last month, killing all 189 people onboard.

Indonesia attractive to Chinese businesses

World

Indonesia attractive to Chinese businesses

Indonesia is one of the main destinations for Chinese companies to invest, with about 1,000 Chinese firms operating in the Southeast Asian country, 50 percent of which are investing in Java, said President of the Chinese Chamber of Commerce in Indonesia Gong Bencai.

Pressure on rupiah not yet over in short term: Minister

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Pressure on rupiah not yet over in short term: Minister

Indonesian Coordinating Minister for Economy Darmin Nasution said the pressure on rupiah would not yet be over although it is relatively stable hovering in a narrow range of 14,500-14,600 per US dollar after dropping to the level of 15,000 rupiah per US dollar a few weeks ago.

Indonesia forecasts 2019 growth of 5.1-5.5 percent

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Indonesia forecasts 2019 growth of 5.1-5.5 percent

Bank Indonesia (BI) has forecast that next year its national economy will grow at almost the same rate as this year’s estimation of 5.1 percent, and domestic consumption will continue to serve as the main engine of growth.