The International Finance Corporation is upbeat that it can increase financing of Indonesia’s private sector by up to a billion dollars annually over the next three years, with the provision that the government continues with policy reforms and efforts to improve the … Continue reading →
Indonesia’s economy picked up speed in the second quarter, expanding at the fastest pace since Q4 2013. The result was driven by robust government spending, as President Joko Widodo’s efforts to kick the economy into a higher gear bore fruit. … Continue reading →
PT Pertamina recorded efficiency gains from oil procurement of $91 million or Rp1.2 trillion in the first half of 2016. The achievement was obtained after the company diverted procurement to the Integrated Supply Chain (ISC) division from the previous through a … Continue reading →
The government has announced that it will cut out unnecessary processes and reduce 70 percent of the costs involved in building low-cost housing as part of its 13th economic stimulus package, in the hope of increasing the availability of affordable … Continue reading →
Direct investment in Indonesian firms from foreign and domestic sources is expected to grow more slowly this year, the country’s investment board chief said on Tuesday (23/08), noting that Southeast Asia’s largest economy had lost out to Vietnam in the … Continue reading →