Indonesia’s financial regulator has changed its rules governing investments by non-bank financial institutions, according to a new regulation signed last week, in a move aimed at getting those firms to support government infrastructure projects. The OJK revised a regulation first … Continue reading →
The government has targeted to bring in Rp 10 trillion (US$749.63 million) in non-state investments for three infrastructure projects – energy, airport and toll road – in the third quarter of 2017. “It is a solution to overcome the limited funds … Continue reading →
The government on Thursday launched its 16th economic policy package in a bid to facilitate business activity and lure more investment to the country. The policy aims to speed up the issuance of business permits while providing greater certainty on … Continue reading →
The government and PT Freeport Indonesia are entering the final phase of brain racking negotiations to iron out dispute over the contract of the U.S. company in the country. The subsidiary of the U.S. mining giant Freeport-McMoRan Copper & Gold … Continue reading →
President Joko “Jokowi” Widodo has reminded relevant officials in his administration that now is the time for Indonesia to attract more investments as the country is scoring well in global surveys and has a stable economic situation. The President explained … Continue reading →