The government has called on private investors to help support its plan to electrify thousands of villages across the country in a bid to spur economic growth. Villages, Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo stated that around 13,000 … Continue reading →
Credit rating agency Fitch Ratings has affirmed Indonesia Sovereign Credit Rating at BBB- with a Positive Outlook. The major rating drivers were low government debt burden, positive outlook for growth and limited sovereign exposure to banking-sector risks with weak – but … 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 →
Consumers confidence in the domestic economy fell in June compared to May due to limited job opportunities, according to the results of a survey conducted by Bank Indonesia (BI). However, consumers perception index which currently stands at 122.4 points is … Continue reading →
The Indonesian economy is estimated to have grown at a slower pace in the second quarter than projected earlier due to a shift in the government and public spending to the third quarter, Bank Indonesia (BI) said. Public consumption still … Continue reading →