Foreign investments flow to neighbors instead of Indonesia: World Bank Indonesia is struggling to attract foreign investments, which are instead going to neighboring countries such as Vietnam and Cambodia as they embark on deregulation and […]
Indonesia’s economy at risk as global recession looms: World Bank Indonesia’s economy, which has been growing steadily at around 5.3 percent per year on average since the start of the millennium, could be dragged down […]
Indonesia to launch cultural capital index to boost development In a bid to boost cultural and artistic development in the country, the government is set to launch the cultural capital index next month to help […]
Government to raise tobacco excise tax by at least 10% in 2020 Indonesia’s notoriously low cigarette prices may soon be on the rise as the government is set to significantly increase the tobacco excise tax […]
Indonesia’s average annual loss from disasters exceeds $20 billion The latest disaster report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), which identifies types of disasters and the economic […]
Critics lambast Criminal Code bill for ‘morality’ articles. But House seeks to pass bill soon As the 2014-2019 term at the House of Representatives comes to an end, the legislative body and the government are […]
Indonesia to raise state health insurer’s premiums to plug cash deficit Indonesia’s state health insurer will raise its premiums by at least 65% starting this month to plug a deficit expected to reach 32 trillion […]
BNN confiscates assets of drug convict accused of continuing business behind bars The National Narcotics Agency (BNN) has confiscated several assets belonging to Muhammad Adam, a convicted drug dealer it accuses of controlling international drug […]
Indonesia pledges $40 billion to modernize Jakarta ahead of new capital: minister The Indonesian government is not abandoning Jakarta after announcing plans to move the country’s capital, its planning minister said, pledging to spend $40 […]
Rp865bn ‘Down Payment’ to Build New Capital City, Minister Says Minister of Public Works and Housing Basuki Hadimuljono said that the construction of infrastructure buildings in the new capital city will require a “down payment” […]
Better human capital ‘key’ to escaping lower middle-income trap, economist says Indonesia may escape from the lower middle income trap that the country has faced since 1985 by improving its human capital through increased attention […]
Jokowi names Penajam Paser Utara as new capital city site President Joko Widodo (Jokowi) has named Penajam Paser Utara and Kutai Kertanegara in East Kalimantan Province as the sites of the new capital city. — […]