RUBBER PRICE MAY BE HIGHER THAN 3 DOLLARS PER KG

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Medan, Jan 7 (ANTARA) - The price of SIR 20 Indonesian rubber on the international market may continue rising above 3 US dollars per kg following increasingly tighter supply from Indonesia and Thai

BI TO ENCOURAGE BANKS TO EXTEND MORE CREDITS

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Jakarta, Jan 6 (ANTARA) - Bank Indonesia (BI) is currently formulating a policy to encourage banks to extend more credits to the public instead of investing their funds in securities such as state

RI`S FOREX RESERVES REACH US$66.1 BILLION

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Jakarta, Jan 6 (ANTARA) - Indonesia's foreign exchange reserves reached the record figure of US$66.1 billion at the end of 2009, a Bank Indonesia or central bank official said.

BI MAINTAINS KEY RATE AT 6.5 PERCENT

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Jakarta, Jan. 6 (ANTARA) - The Board of Governors of BI (Bank Indonesia) at meeting here on Wednesday decided to maintain the BI Rate at the level of 6.5 percent.

BANDUNG FLASH FLOODS INUNDATE HUNDREDS OF HOMES

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Soreang, W Java, Indonesia, Jan 6 (ANTARA) - Floods inundated hundreds of homes at Rancaekek Wetan village, Bandung district, West Java, on Wednesday after the Cikeruh river overflowed.

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