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 →
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 →
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 →
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 →
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 →