#the oil price

Collection of the oil price news, found 573 news.

BI rate may fall 75 basis points this year: economist

The Indonesian benchmark interest rate may further fall 75 basis points to 6.75 percent at the end of this year, since ...

Stimulus put economy on track to recovery: Bank Indonesia

A combination of four monetary stimulus would put the countrys economy on track to recovery, a Bank Indonesia ...

PetroChina to drill two oil wells in Jambi

The oil and gas company PetroChina will carry out drilling for two new wells in April 2016 in an effort to develop ...

The future still gloomy for palm oil business

Oil palm farmers and companies in the country are feared to be disappointed that their hope of a better year in 2016 ...

Indonesia government lowers premium gasoline, diesel oil prices

In a move to usher in the new year on a positive note, the government has significantly lowered the prices of premium ...

Pertamina targets US$1.61 billion net profit

State-owned energy company PT Pertamina has set a target of earning a net profit of US$1.61 billion next year despite ...

N. Sumatra`s rubber production predicted to decline

North Sumatras production of natural rubber is predicted to decline to around 450,000 tons this year from 465,000 tons ...

RI`s economic growth may outstrip target

The Center of Reform on Economics (CORE) has predicted that the Indonesian economy may grow at a rate higher than 5.3 ...

Indonesian government and parliament revise down economic targets

The Indonesian government and the Budget Body of the Parliament agreed to revise down the economic targets resulting ...

Fuel price cuts expected to benefit manufacturing sector

The Indonesian government has included new fuel oil prices in the third phase of the economic policy package to ...

Rupiah appreciates to Rp14,511

Indonesias rupiah currency appreciated 134 points in interbank transactions to Rp14,511 against the US dollar on ...

Immediate efforts paramount to achieving next year`s plans

The government must now begin preparing actions in response to its work plans based on the macroeconomic assumptions ...

Tax revenue target realistic based on natural growth: Minister

Finance Minister Bambang Brodjonegoro described as realistic target set for tax revenues in 2016 saying it was ...

Govt sets economic growth in 2016 at 5.5 pct

President Joko Widodo said that the government, based on its macroeconomic assumptions, has set the countrys economic ...

Tax to be optimized without disrupting investment climate

The Indonesian government, with its plan to not disrupt the investment climate, will optimize tax income set at ...