Taufik Widjoyono, secretary general of the Public Works and Public Housing Ministry, said that the government had conducted a number of reforms in relation to regulations in a bid to encourage private involvement in infrastructure projects. Among the regulation reforms … Continue reading →
Indonesia’s economy grew a faster-than-expected 5.18 percent in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. On Friday, the statistics bureau said Indonesia’s gross domestic product expanded 5.18 percent in the second quarter. … Continue reading →
The government has decided to revise the 2016 state budget, according to the result of a plenary cabinet session held on Wednesday. “The finance minister has proposed the revision of the 2016 state budget although it still has five months … Continue reading →
The Coordinating Minister for Economic Affairs Darmin Nasution said the 13th economic policy package will be announced Friday, August 5, 2016. “The announcement will be made either tomorrow or next week,” Darmin said at Bank Indonesia office building, Jakarta, Wednesday, August 3, 2016. … Continue reading →
Three state-owned banks will help fund the Tangguh Train 3 LNG project in Bintuni Bay, West Papua. Bank Mandiri, Bank Negara Indonesia (BNI), and Bank Rakyat Indonesia (BRI) and a private non-bank firm Indonesia Infrastructure Finance are committed to provide … Continue reading →