Indonesia determined to restore investor confidence
The Jakarta Post
With the Finance Ministry determined to restore investor confidence, it hopes the recent bomb attacks in Surabaya, East Java, do not have a long-term impact on the economy.
"The government will act quickly regarding this issue in order to minimize the impact on the country's economy," Luky Alfirman, the ministry's financing and risk management director general, said in Jakarta on Monday.
The Jakarta Composite Index (JCI) slipped 0.76 percent to 5,911.79 in the first trading session on Monday.
All sectors slumped, while the rupiah exchange rate weakened 0.23 percent to Rp 13,988 against the US dollar on Monday afternoon.
Four suicide bombings have occurred in the past two days in the East Java capital of Surabaya, the country's second- largest city, killing at least 14 people and injuring dozens of others.
On Monday Morning, police personnel were deployed to safeguard Santa Anna Catholic Church in Duren Sawit, East Jakarta, following a report of a possible bomb at the location. (bbn)
- List of moderate Islamic preachers needed: Scholar
- US warns Syria of 'firm' action over southern offensive
- Colombia to become first Latin American NATO 'global partner'
- Pair of Japanese premium melons sell for record $29,300
- New Terrorism Law no silver bullet, says rights researcher
- Out of South Africa, reminiscing the indelible Eden
- Prisoners evacuated from flooded Pekalongan Penitentiary
- Police shut down illegal gold mines in Riau
- Dutch, Australia say Russia behind downing MH17
- France arrests two spies for passing secrets to China