Indonesia’s economic growth is expected to have cooled in the third quarter due to slow private investment and a cut in government spending, indicating that Southeast Asia’s largest economy is struggling to mount a strong rebound. The median forecast of … Continue reading →
The Indonesian Employers Association (Apindo) shared on Wednesday its support for the government’s plan to increase the provincial minimum wage by 8.25 percent next year, as long as the government stayed consistent during the implementation process. The powerful business lobby group … Continue reading →
Foreign direct investment (FDI) into Indonesia rose 7.8 percent in the third quarter from a year earlier, in rupiah terms, the country’s investment board said on Thursday (27/10). There was Rp 99.7 trillion of investment during the July-September period, excluding … Continue reading →
Ease of doing business in Indonesia has improved, thanks to government efforts to simplify and scrap unnecessary regulations, according to the World Bank Group’s latest report released on Wednesday (26/10). Indonesia now ranks 91 from 190 countries assessed in the World … Continue reading →
The Batam Indonesia Free Zone Authority (BP Batam) is working with the Investment Coordinating Board (BKPM) to promote Batam to Japanese investors, eyeing to raise up to US$750 million in foreign investment by the end of the year. Gusmardi Bustami, … Continue reading →