State-builder PP, better known as PTPP, plans to invest Rp 60 trillion ($4.5 billion) in electricity power plant generation projects until 2020, its chief said recently. The builder, which has been one of the major players in Indonesia’s construction, sector plans … Continue reading →
Last week, the Indonesian economy surprised observers and policymakers alike with its strongest growth in the last ten quarters. But for Michael Hasenstab, the chief investment officer at global fund manager Franklin Templeton Investments, that may be just a small … Continue reading →
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 →