The Batam Indonesia Free Zone Authority (BP Batam) is working with the Investment Coordinating Board (BKPM) to promote Batam to Japanese investors, eyeing to raise up to US$750 million in foreign investment by the end of the year. Gusmardi Bustami, … Continue reading →
The Indonesian government has since September 2015 issued 13 economic policy packages which have improved the country`s investment climate through simplifying regulations which so far impeded investment. The economic policy packages have been able to improve not only the investment … Continue reading →
The Asian Development Bank (ADB) is committed to raise infrastructure investment to support Indonesia’s ambitious targets. ADB has approved to a Country Partnership Strategy (CPS) with Indonesia for 2016-2019 period. The programs supported are those directed at sustainable economic growth … Continue reading →
Indonesia’s Commission XI on financial affairs of the House of Representatives (DPR) has approved Rp40.7 trillion worth of allocation in the draft 2017 state budget for the Finance Ministry. The budget of Rp40.7 trillion was approved after slashing the previous … Continue reading →
The Coordinating Minister of Maritime Affairs Luhut Binsar Pandjaitan said that customs clearance procedures will soon be conducted at Cikarang Dry Port instead of Tanjung Priok Port. He believes that it will reduce cargo dwell time to 3 days. “If … Continue reading →