Indonesia government has proposed an economic growth of 5.6 percent in the Draft 2015 State Budget, considering the improvement in economic fundamentals and economic stability as well as conducive external factors. “Global economic turmoil is predicted to continue next … Continue reading →
It was decided at the Board of Governors’ Meeting, convened on 14th August 2014, to hold the BI rate at a level of 7.50%, with the lending facility and deposit facility rates maintained at 7.50% and 5.75% respectively. Such policy … Continue reading →
Following the success of Trade and Investment Forum 2013, the Indonesia Investment Coordinating Board (BKPM) and the Ministry of Trade of the Republic of Indonesia will be organising the TRADE AND INVESTMENT FORUM 2014 which will take place in Jakarta International … Continue reading →
Senior representatives from several Taiwanese companies are currently in Indonesia to explore investment opportunities in the country’s growing industrial sector, especially the electronics and petrochemical industries. The delegation, led by Sheng Chung Lin of Taiwanese petrochemical firm CPC Corporation, comprises … Continue reading →
As an emerging global powerhouse in Asia, Indonesia offers a wealth of attractive business and investment opportunities. Abundant natural resources, a young and technically trained and a large and growing domestic market, combined with an improving investment climate and a … Continue reading →
The Central Bank of Indonesia announced the country’s official reserve asset position as of end-July 2014 reached US$110.5 billion, up from the end of June 2014 level amounted to US$107.7 billion. Their press release published at August 08′ 2014, … Continue reading →
Demand for Islamic finance training from non-Muslims rose more than fourfold in the past seven years as students seek to enter an industry whose assets are set to double to $3.4 trillion by 2018. Malaysia’s International Centre for Education in Islamic Finance had 2,000 … Continue reading →
JAKARTA and SHANGHAI, Aug. 7, 2014 — eBaoTech, a global software provider headquartered in Shanghai, announced today the opening of its new office in Jakarta. The Jakarta office will support customers in Indonesia such as AIG, ACE Life, Avrist, Great … Continue reading →
Despite a persisting deficit in the country’s trade balance, the government is still upbeat it will record a sizeable surplus from non-oil and gas commerce. The balance may post an annual surplus exceeding US$10 billion at the end of this … Continue reading →
The Indonesian Investment Coordinating Board (BKPM) and the Algerian National Investment Development Agency (ANDA) have signed a much-awaited Memorandum of Understanding (MoU) to enhance cooperation in the investment sector. “The MoU between the two investment coordinating agencies is the fruit … Continue reading →