Transportation Minister Budi Karya Sumadi plans to establish sea connectivity between Indonesia’s Maluku and Australia to boost the fishery industry. Budi Karya said that he will choose between the cities of Saumlaki and Tual in Maluku that will be connected … Continue reading →
The Central Statistics Agency (BPS) reports that Indonesia’s economy grows 5.01 percent (YoY) in the first quarter of 2017. “The growth is higher compared to the Q4 of 2016 and Q1 of 2016; I hope we will continue to see … Continue reading →
Vietnam and Thailand have become Indonesias competitors in attracting foreign investments into the Southeast Asian region, especially in the face of sluggish global economic conditions, Vice President Jusuf Kalla stated. “The competition now is in (the field of) foreign investment, … Continue reading →
The world’s largest port operator company, CK Hutchison Holdings Limited, has stated its commitment to add its investment in Indonesia. It was issued by CK Hutchison Holdings owner Li Ka-Shing who met with President Joko Widodo in Hong Kong yesterday, … Continue reading →
Transportation Minister, Budi Karya Sumadi, argues that the Government and Business Entity Cooperation (KPBU) financing scheme used to finance government infrastructure projects will be able to accelerate construction process. It would need more than Rp 1,000 trillion worth of funds … Continue reading →