The Finance Ministry has said that the government is preparing a regulation on the gross-split scheme, which will encourage oil and gas companies involved in exploration and exploitation to invest in the sector through the provision of tax incentives, according to a kontan.com report … Continue reading →
The World Bank dropped its growth outlook for Indonesia’s GDP this year while maintaining its predictions for next year due to an unexpectedly dormant private consumption rate that accounts for over half of Indonesia’s GDP, according to the bank’s latest … Continue reading →
The Indonesian Consultant Association (Inkindo) said that the 2017 International Federation of Consulting Engineers (FIDIC) Conference is expected to attract foreign investment into Indonesia. The conference is held at Jakarta Convention Center on October 1-3. Inkindo chairman Nugroho Pudji Rahardia said that … Continue reading →
State-owned Enterprises (SOE) Minister Rini Soemarno said foreign investors are eyeing Indonesia`s global bonds denominated in rupiah that will be issued soon. But most of the investors do not want to transact in Indonesia. “Many foreign investors are willing to buy … Continue reading →
Transportation Minister Budi Karya Sumadi held bilateral meetings with delegates of four countries: South Korea, Singapore, Hungary, and China, as well as the European Union (EU) to discuss infrastructure projects in Indonesia. The meetings were held on sidelines of The 4th Asia … Continue reading →