GE Oil & Gas Indonesia, a local subsidiary of the global advanced technology and services provider GE Oil & Gas, aims to supply the components needed for the development of a liquefied natural gas (LNG) plant at the gas-rich Masela … Continue reading →
The World Bank’s Board of Executive Directors today, May 10, approved USD 200 million in financing to support the Indonesian Government’s social assistance program expansion, as stated in the press release received by Tempo, Wednesday, May 10. The financing supports the … Continue reading →
The Indonesian central bank, Bank Indonesia (BI) recorded the countrys foreign exchange reserves (forex) in April 2017 at US$123.2 billion. According to BIs press release made available to ANTARA here on Monday, the amount of the April foreign exchange reserves … Continue reading →
The countrys largest bank in assets PT Bank Mandiri Tbk said it will issue bonds valued at Rp5 trillion to strengthen its fund structure and finance credit expansion. Director of Wholesale Banking of the publicly listed state lender Royke Tumilaar … Continue reading →
The Energy and Mineral Resources Ministry inaugurated a gas network to serve 24,000 households in Surabaya, East Java, on Sunday. The government assigned state-owned gas firm PT Perusahaan Gas Negara (PGN) to construct the network, which stretches 196 kilometers and … Continue reading →