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Category Archives: Indonesia Business

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Indonesia conducive for economic growth: President

PT VUI : Doing Business in Indonesia Posted on January 27, 2017 by Herlina HoJanuary 27, 2017

Indonesian president Joko Widodo said here on Wednesday that factors supporting the countrys economic growth have been highly conducive. He added that the countrys economy continued to grow well amidst global economic slowdown and difficulties faced by many countries. “We … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment | Tagged Indonesia : Growth potential, Indonesia Economic Outlook, Indonesia Growth, Indonesia Investment

Energy ministry signs contracts worth $21.3 million

PT VUI : Doing Business in Indonesia Posted on January 26, 2017 by Herlina HoJanuary 26, 2017

The Energy and Mineral Resources Ministry has signed off on contracts for 134 procurement of goods and services packages for the first phase of the 2017 state budget. The packages are worth a total Rp 284 billion (US$21.3 million). Energy … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Investment, Indonesia State Budget

Govt Opens International Bid for Patimban Port

PT VUI : Doing Business in Indonesia Posted on January 25, 2017 by Herlina HoJanuary 25, 2017

The government will open an international competitive bidding (ICB) to determine the contractor for the Patimban International Port project in Subang, West Java. The bidding is open to foreign investors as the Rp43-trillion project is partly funded by loose credit. … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesian Maritime, Indonesian Transportation | Tagged Indonesia Credit, Indonesia Economy & Business, Indonesia Finance, Indonesia Investment, Indonesia Transportation

Indonesia to revise 20 regulations in next economic stimulus package

PT VUI : Doing Business in Indonesia Posted on January 23, 2017 by Herlina HoJanuary 23, 2017

The government plans to revise 20 regulations pertaining to logistics in the planned 15th economic stimulus package. Transportation Minister Budi Karya Sumadi said the regulations would mainly address capital, non-tax state revenue and dwell activities in domestic logistics. “We are … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesia Reform Packages | Tagged Economic Packages Indonesia, Indonesia Finance, Indonesia Investment, Indonesia Reform Packages

This year Indonesia is set to become the world’s 16th trillion dollar economy

PT VUI : Doing Business in Indonesia Posted on January 20, 2017 by adminJanuary 20, 2017

Asia will remain the fastest growing region of the world, but the spotlight will shift away from China to India and Indonesia. We think Indonesia is on course to join the elite ‘trillion dollar’ economy club this year. In comparison, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia GDP | Tagged Indonesia : Growth potential, Indonesia Economic Outlook

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