The House of Representatives (DPR) Commission VI that oversees state-owned enterprises has approved Rp4 trillion more state capital injection (PMN) for state-owned railway company PT Kereta Api Indonesia (KAI) to develop light rail transit (LRT) project covering Jakarta, Bogor, Depok … Continue reading →
The Swiss Government has provided a grant of US$75 million for Indonesia to support the countrys economic development. The Swiss Government wants to continue and maintain technical support for Indonesia, Swiss Economic, Education and Research Minister Johann Schneider-Ammann said after … Continue reading →
Chinese stainless steel giant Tsingshan Holding Group has expressed interest in building a US$28 billion integrated ferronickel complex in Tanah Kuning Industrial Park in Indonesia’s youngest province, North Kalimantan. Industry Ministry’s industrial estate development director general Imam Haryono said Tuesday … Continue reading →
Indonesia posted US$1.63 billion trade surplus in June. The country’s total export last month amounted to US$11.64 billion and total import was US$10.01 billion. According to the Central Statistics Agency (BPS) head Suhariyanto, the trade surplus in June was attributable … Continue reading →
The Special Unit for Upstream Oil and Natural Gas Business Activities (SKK Migas) chief Amien Sunaryadi said that his office will be working on 14 oil and gas projects to step up national production. The projects include HCML Madura BD, … Continue reading →