Bank Indonesia decided to lower BI rate 25 bps from 8.25% to 8%.
Bank Indonesia is confident that the BI rate cut will not disrupt achievement of the inflation target, particularly in the medium to long term. The lower rate is expected to deliver an economic stimulus and sustain momentum for stronger economic growth while maintaining macroeconomic stability in coming years. This decision also takes account of risks, especially in relation to the high level of international oil prices. Continue reading BI Rate : 8%
Korean Brand Leading in Electronic City Award 007
Electronic City, one of the high-end electronic chain stores, on 29th November 2007 gave EC Award at Peninsula Hotel Jakarta. Continue reading Electronic City Award 2007