Chinese investors are reportedly eyeing a railroad development project connecting Medan with Lake Toba. “They want to build the infrastructure and are ready to put up US$10 billion,” said Coordinating Maritime Affairs Minister Luhut Pandjaitan. The railroad will connect Medan to Kualanamu … Continue reading →
The Ministry of Transportation has approved the construction project of the sea toll line en route from the Tanjung Perak port in Surabaya city of East Java province, to Biak District of Papua province. “The Ministries of Trade and Transportation … Continue reading →
The House of Representatives’ budget committee revealed on Tuesday the results of its deliberation with the government on the draft state budget for 2018. The committee’s chairman, Azis Syamsuddin, delivered the government’s working program priorities and general direction of next … 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 →
State-owned electricity company PLN has announced a plan to hold a tender for a power plant construction project with a capacity of 6,000 megawatt (MW). The project is part of the government’s 35,000 MW electricity procurement program scheduled for completion … Continue reading →