Cabinet Secretary Pramono Anung said on Monday that President Joko “Jokowi” Widodo had instructed the National Development Planning Agency (Bappenas) and the Investment Coordinating Board (BKPM) to establish financing schemes, or business plans, for strategic projects. Pramono said the decision … Continue reading →
The Chairman of Indonesia Investment Coordinating Board (BKPM) Franky Sibarani expressed his optimism in relation to the enactment of Presidential Regulation Number 44 of 2016 concerning the list of closed business fields and opened business fields with conditions in the field … Continue reading →
Standard & Poor’s ( S&P ), the only global rating agency that has yet to release an update on Indonesia’s sovereign rating, says the country’s economy is “fairly good” while its trading partners are under pressure. S&P gives a BB+ … Continue reading →
President Joko “Jokowi” Widodo has decided on the fate of Indonesia’s largest deepwater gas project Masela after months of polemic, by approving an onshore development scheme in Maluku province. Given the scale and complexity of the long-term project, the government … Continue reading →
There are two legal entities that are permitted for foreigners in Indonesia: 1) a foreign investment limited liability company (in Indonesian: Perseroan Terbatas Penanaman Modal Asing, or, PT PMA), and (2) a representative office (in Indonesian Kantor Perwakilan Perusahaan Asing, … Continue reading →
JAKARTA (Reuters) – British Prime Minister David Cameron sought to forge closer business ties with Indonesia on Tuesday, saying British investment could easily double if deals can be clinched on infrastructure projects. Indonesia is Cameron’s first stop on a four-day … Continue reading →
Due to weaker investment growth and sluggish exports, Indonesia’s economy is projected to grow by 5.2 percent in 2015, lower than the 5.6 percent previously forecasted in July 2014, says a new World Bank report. Economic growth for 2014 is … Continue reading →
New World Bank data compiled through satellite imagery and geospatial mapping provides new understanding of East Asia’s accelerating urbanization. The new analysis provides vital data at a time when much of the region’s urban infrastructure is getting built as … Continue reading →
Indonesia Minister of Industry Saleh Husin, accompanied by Director General of Ministry of Industry Agus Tjahajana, take a shoot with Italy Ambassador for Indonesia H. E. Mr. Federico Failla, accompanied by Director General of Law and International Agreement of … Continue reading →
Japan will invest more in Indonesia to remain the biggest investor in 2015, Japanese Ambassador Yasuaki Tanizaki stated In Jakarta on Thursday (20/11/2014). “Many countries are interested to invest in Indonesia, and we agreed that Indonesia could provide more investment … Continue reading →