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Indonesian govt to give preference to Japan for semi-high speed train

PT VUI : Doing Business in Indonesia Posted on November 14, 2016 by Herlina HoNovember 14, 2016

The Indonesian government will give preference to Japan to build a Jakarta-Surabaya semi-high speed train project, Transportation Minister Budi Karya Sumadi said. “Japan will receive preference,” he said after a coordination meeting at the Coordinating Ministry for Maritime Affairs here … Continue reading →

Posted in Indonesia Business, Indonesia Investment, Indonesian Transportation | Tagged Indonesia Investment, Indonesia Transportation

Bappenas Invites Investors to Build Infrastructure

PT VUI : Doing Business in Indonesia Posted on November 8, 2016 by Herlina HoNovember 8, 2016

The National Development Planning Agency (Bappenas) invites investors to work on Indonesia’s infrastructure projects. Bappenas chief/National Development Planning Minister Bambang Brodjonegoro said Indonesia has a strategic role to establishing regional connectivity. “As the largest country in Southeast Asia, in terms … Continue reading →

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

Indonesian unemployment rate down in 2016

PT VUI : Doing Business in Indonesia Posted on November 8, 2016 by Herlina HoNovember 8, 2016

The Indonesia Central Bureau of Statistics (BPS) said in August, 2016, the country had 7.03 million jobless people among 125.44 million of labor force. “Compared with August, 2015, the number of working people rose 3.59 million and the number of … Continue reading →

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

Apindo backs government’s minimum wage increase plan

PT VUI : Doing Business in Indonesia Posted on November 2, 2016 by Herlina HoNovember 2, 2016

The Indonesian Employers Association (Apindo) shared on Wednesday its support for the government’s plan to increase the provincial minimum wage by 8.25 percent next year, as long as the government stayed consistent during the implementation process. The powerful business lobby group … Continue reading →

Posted in Indonesia Business, Indonesia Economy | Tagged Indonesia Economic Outlook, Indonesia Investment, Indonesia Labor Law

Foreign Direct Investment to Indonesia Rises 7.8% in Q3

PT VUI : Doing Business in Indonesia Posted on October 31, 2016 by Herlina HoOctober 31, 2016

Foreign direct investment (FDI) into Indonesia rose 7.8 percent in the third quarter from a year earlier, in rupiah terms, the country’s investment board said on Thursday (27/10). There was Rp 99.7 trillion of investment during the July-September period, excluding … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment | Tagged Indonesia Finance, Indonesia Investment

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