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Category Archives: Indonesia Economy

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BPS Announces Post Eid Inflation Rate

PT VUI : Doing Business in Indonesia Posted on July 3, 2017 by Herlina HoJuly 3, 2017

The Central Statistics Agency (BPS) recorded June’s inflation rose 0.69 percent to 4.27 percent compared to the previous month. BPS chief Suhariyanto said on Monday that June’s inflation rate was affected by electricity tariff adjustments, airfare and city transportation fees, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Inflation Rate | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Inflation

Indonesia Receives Satisfactory Marks in Extractive Resource Management: Index

PT VUI : Doing Business in Indonesia Posted on June 30, 2017 by Herlina HoJune 30, 2017

Indonesia scored better than average in managing its extractive resources, reflecting good governance and adequate transparency, according to an index released by the New York-based Natural Resource Governance Institute (NRGI) on Wednesday (28/06). Indonesia scored 68 out of 100 for … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Mining Law, Indonesia Oil & Gas, Indonesian Mining Sector | Tagged Indonesia Economy & Business, Indonesia Extractive Industries, Indonesia Mining Law, Indonesia Mining Sector

Economic Affairs Minister Expects Up to 5.3% Growth in Q2

PT VUI : Doing Business in Indonesia Posted on June 29, 2017 by Herlina HoJune 29, 2017

Coordinating Economic Affairs Minister Darmin Nasution said he expects the economy to grow between 5.1 and 5.3 percent from April-June amid strong global consumption rates that could spur increased Indonesian exports. “People in Europe and the United States are entering … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Exports, Indonesia Finance, Indonesia GDP | Tagged Indonesia Economy & Business, Indonesia Exports, Indonesia Finance, Indonesia GDP, Indonesia Growth

Government Seeks to Further Cut Dwell Time at Ports in Q4

PT VUI : Doing Business in Indonesia Posted on June 29, 2017 by Herlina HoJune 29, 2017

The government seeks to cut dwell time at the country’s ports to less than two days from the current 2.9 days in the fourth quarter of this year and to reduce logistics costs through policies that provide support for logistics companies, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesia Logistic, Indonesian Transportation

PGN to build $140-million gas network in Riau

PT VUI : Doing Business in Indonesia Posted on June 22, 2017 by Herlina HoJune 22, 2017

State-owned gas company PGN plans to develop gas transmission and distribution pipelines worth US$140 million in Dumai, Riau, to meet growing demand for gas in the region. The gas distribution networks will span 56 kilometers and connect to different customers, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Investment, Indonesia oil & gas

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