State asset management firm injects Rp 1.94t into eight SOEs State-owned asset management firm PT Perusahaan Pengelola Aset (PPA) has injected some Rp 1.94 trillion (US$143.48 million) into eight state-owned companies (SOEs) up until September, […]
Bank Indonesia Revises 2017 GDP Growth Forecast to 5.1% Bank Indonesia revised its forecast for 2017 economic growth to 5.1 percent on Thursday (16/11), near the lower end of its previous range of 5.0 percent […]
Ministry Amends 13 Coal Contracts; 18 More before Next Year The Energy and Mineral Resources Ministry has amended 13 coal business contracts (PKP2B), and plan to amend 18 more before the end of 2017. — […]
Indonesia’s Central Bank to Hold Interest Rate at 4.25 Percent: Reuters Poll Indonesia’s central bank is widely expected to keep its key interest rate unchanged on Thursday (16/11) despite sluggish economic growth, as it prioritizes […]
Indonesia to boost share in fast-growing coffee market in China Indonesian coffee businesspeople are now eyeing to increase its shares in the fast-growing coffee markets in China by exposing them to Indonesian coffees during a […]
Jokowi Touches on Digital Economy During APEC Summit President Joko ‘Jokowi’ Widodo brought up the issue of digital economy in the first session of the 25th APEC Economic Leaders Meeting in Da Nang on Saturday […]
Government carries out construction of 245 infrastructure projects in 2017 The Central Government will carry out construction of 245 infrastructure projects including toll roads, airports and seaports. — Antara Indonesia to encourage equal trade treatment […]
Metro Pacific open to more partnerships with Indonesian firm Metro Pacific Investments Corp. (MPIC) is open to expanding its partnership with Indonesian infrastructure holding firm PT Nusantara Infrastructure Tbk in other infrastructure sectors including water […]
Indonesia sells 6.5 trillion rupiah of Islamic bonds Indonesia’s finance ministry sold 6.5 trillion rupiah ($481.05 million) of Islamic bonds at an auction on Tuesday, above the indicative target of 5 trillion rupiah, its financing […]
Tightfisted consumers are squeezing Indonesia’s economy Low inflation, interest rates cuts and cheaper fuel have not been enough to excite Indonesian shoppers, as weak household consumption continued to weigh on Indonesia’s economic growth in the […]
Jakarta urged to strengthen palm oil competitiveness THE Indonesian Palm Oil Producers Association (GAPKI) has urged the government to help increase the competitiveness of palm oil products, as palm oil remains the country’s most important […]
US Ambassador Criticizes Investment Regulations in Indonesia US Ambassador to Indonesia Joseph R. Donovan on Thursday, November 2, criticized a number of regulations that are against foreign investors. — Tempo DPR Calls on Govt to […]