Indonesia’s Bank Danamon fields interest from suitors for insurance unit PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake in its insurance subsidiary, people […]
Buffalo meat import far exceeds set quota in 2017 The State Logistics Agency’s (Bulog) procurement director, Andrianto Wahyu Adi, said in Jakarta over the weekend that the agency had obtained a permit from the Trade […]
Export Restriction Boosts Natural Rubber Price Joint effort of Indonesian, Thai and Malaysian governments as members of world rubber exporting countries restricting rubber exports through Agreed Export Tonnage Scheme (AETS) managed to boost the price […]
Government Targets 20 Startups from Small Industries in 2018 The Ministry of Industry targeted 20 startups generated from small and medium industries (IKM) in 2018. In 2017, the target was nine industries. — Tempo Coal […]
Indonesian-made solar panels exempt from US tariffs The Trade Ministry’s international trade director general, Oke Nurwan, said on Wednesday that Indonesian solar panel exports to the United States would not be subject to a 30 […]
Indonesia’s largest bank posts 49% net profit jump in 2017 Indonesia’s largest bank by assets on Tuesday reported a surge in net profit for 2017 as a rebound in commodity prices helped reduce bad loan […]
Indonesia to File Cases Against US Anti-Subsidy Duty on Biodiesel Indonesia plans to file a case against the United States Department of Commerce at the US Court of International Trade over anti-subsidy duties slapped on […]
Ministry of Transportation Set to Deregulate Rules to Facilitate Private Sector Investments Indonesia Minister of Transportation Budi Karya Sumadi continues to encourage private investments in transportation infrastructure construction and development through the mechanism of Cooperation […]
Jokowi Asks PLN to Accelerate Electrification in East Indonesia President Director of state power company PLN Sofyan Basir said that his office will pursue to achieve the 97 percent electrification target by the end of […]
Jokowi Dissatisfied with Indonesia`s Underperforming Exports President Joko Widodo (Jokowi) admitted his dissatisfaction towards the performance of Indonesia`s exports. — Tempo Indonesia’s Telkom invests in Hungary-based mobile payments company Indonesia’s state-owned telecommunications company on Wednesday […]
New import-export policy package to ease raw material supply: Official The government is preparing a new policy package specifically for the export and import business sectors, an official with the Office of the Coordinating Economic […]
Govt Opens Opportunity to Raise Non-Subsidized Electricity Tariffs The government, through the Ministry of Energy and Mineral Resources, said that the non-subsidized electricity tariffs may go up according to the adjustment formulation that will be […]