An annual survey of where companies are most likely to invest in Asia has highlighted the attractions of Indonesia. China, as expected, comes top of the survey. India has managed to keep its second spot, but the gap between it … Continue reading →
Australia expects to establish a stronger business presence in its closest neighbor Indonesia, particularly in the eastern part of the archipelago, as part of its goal to tighten bilateral economic ties, a top level official says. One of the potential … Continue reading →
Indonesia’s pace of economic growth can rise to 6.6 percent in 2013, driven by increased activity ahead of elections the next year, a central bank official said Friday. Bank Indonesia has projected the economy will grow 6.3 percent this year. … Continue reading →
Van Oord has been awarded a contract by PT PP (Persero) TBK for deepening the port and reclaiming land for a new terminal area in Tanjung Priok, Jakarta, the largest container port in Indonesia. The contract is part of the … Continue reading →
A change in the rules surrounding the purchasing of property in Jakarta means it will be possible for expatriates to buy homes in the city. Indonesia is currently enjoying a period of strong economic growth, which has led to more and more expats deciding to … Continue reading →
Keeping in line with its commitment to withdraw from non-core markets, French retailer Carrefour has sold its Indonesian unit to local joint venture partner CT Corp. The deal is worth $673 million. Carrefour owned 60% stake in the joint venture … Continue reading →
Japan’s top car maker Toyota announced on November 10 that it will be investing $1.3 billion into its vehicle production operations in Indonesia over the next five years. Toyota is one of the latest large industrial investors to ramp up … Continue reading →
South Korean steelmaker POSCO will almost double its investment in Indonesia to $11 billion over the next five years, from $6 billion currently, Chief Economics Minister Hatta Rajasa said on Friday. POSCO, the world’s fourth-biggest steelmaker, already has a multi-billion dollar joint … Continue reading →
Indonesia’s growing middle class, strong domestic demand, stable political situation, and sound macroeconomic policy paired with gross domestic product (GDP) growth of 6.5% in 2010 make Indonesia an attractive destination for Foreign Direct Investment (FDI). In 2011, Indonesian government officials … Continue reading →
Jika redenominasi dilakukan, rupiah yang dijuluki sebagai salah satu mata uang “sampah” (the worst currencies) dalam pasar global dapat dipulihkan martabatnya. Pada saat Darmin Nasution masih menjadi pejabat Gubernur Bank Indonesia (BI) pada Agustus 2012, ia pernah menyatakan bahwa redenominasi … Continue reading →