Finance Ministry Sri Mulyani said that the government is aiming for 6.3 percent investment growth in a bid to achieve the economic growth target of 5.4 percent set in the draft 2018 state budget (RAPBN). “We assume that bank loans … Continue reading →
The Indonesian government has rolled out the red carpet for foreign investors eyeing local digital start-up firms. The Coordinating Minister for Economy Darmin Nasution said that major investment will boost digital businesses. “There will be resources to do new things … Continue reading →
United States oil producer ExxonMobil has set a price of US$121 million for state-owned energy giant Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is jointly … Continue reading →
The government has set an economic growth target at 5.4 percent in the 2018 Draft State Budget (RAPBN) to be achieved through the support of public consumption, increased investment, and improved export/import performance. President Joko Widodo (Jokowi) made the remarks … Continue reading →
Bali Hydro System Company Ltd., a Hong Kong-based corporation, has expressed interest to invest in Pekalongan, Central Java. Pekalongan Mayor Asip Kholbihi stated here on Wednesday that the town has economic potential and abundant natural resources that could serve as a … Continue reading →