Economic growth to reach 5.5% in 3rd Quarter 2022 Bank Indonesia (BI) is confident that the increasing domestic demands will boost the national economic growth in the third quarter of 2022, arriving at a higher rate than 5.44% year-on-year (yoy) … Continue reading →
The Asian Development Bank (ADB) has projected that the Indonesian economy will return to high growth, last seen in the pre-pandemic era, in 2022, with the economy forecast to expand 5 percent next year. The bank also projected a 4.5-percent … Continue reading →
State-owned PT Semen Indonesia, the country’s biggest cement producer, has reached a multimillion dollar deal to establish a strategic partnership in expanding its market reach worldwide. Under the deal, Japanese cement producer Taiheiyo Cement Corporation is to invest US$220 million … 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 →
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 →
President Joko “Jokowi” Widodo outlined his economic reform priorities at the G20 Summit in Brisbane, Australia, on Saturday, November 15, in order for Indonesia to “avoid the middle-income country trap” and accelerate growth over the next 5 years. “These efforts … Continue reading →
North Sulawesi has the potential to serve as the gateway to the Asia-Pacific economy due to its strategic geographical location, stated Deputy Speaker of the Peoples Consultative Assembly (MPR) Evert E. Mangindaan. According to him, North Sulawesi was located on … Continue reading →
Russia’s investment and industrial group Vi Holding may pour around US$1.5 billion into building mineral processing facilities in Indonesia, a Russian minister says. The projects would comprise a $1 billion alumina refinery and a $500 million ferronickel smelter, Russian … Continue reading →