Fauzi Ichsan News
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Indonesia’s ruling Democrat Party chose the country’s president, Susilo Bambang Yudhoyono, as chairman ahead of national elections next year amid jockeying among possible replacements that could stall spending on roads and ports.
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Indonesia’s ruling Democrat Party selected the country’s president, Susilo Bambang Yudhoyono, as chairman as it seek to overcome corruption probes and revive its popularity before elections.
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President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank met with mixed reactions, with some questioning his record as finance minister and others praising his banking experience.
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Indonesian President Susilo Bambang Yudhoyono nominated Finance Minister Agus Martowardojo to replace Darmin Nasution as central bank governor in a bid to reshuffle his top policy team.
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President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank is gathering support among some members of the parliamentary committee that will decide on the appointment.
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Indonesian President Susilo Bambang Yudhoyono is under growing pressure to raise fuel prices and curb oil imports as currency risks persist and the window to act narrows ahead of elections in 2014.
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Former Bank Indonesia Senior Deputy Governor Miranda S. Goeltom said the country’s anti-corruption agency has named her as a suspect in the bribery case involving her election to the post in 2004.
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Every investor wants to buy into winning trends early. Fauzi Ichsan, senior economist at Standard Chartered Bank in Jakarta, says that the frontier market of Indonesia presents such an opportunity.
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Indonesia’s inflation slowed for a third straight month in April as food prices declined during the harvest period, giving the central bank room to refrain from raising interest rates when policy makers meet May 12.
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It’s hot in Indonesia these days, and I don’t just mean the equatorial weather.
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