The Indonesian economy in 2017 may grow 5.2 percent or above the target of 5.1 percent by strengthening domestic sources of growth, Finance Minister Sri Mulyani Indrawati said. “If domestic demand is better and stronger, the 5.2 percent (growth) will … Continue reading →
The government will soon issue a new economic policy package on logistics mainly to speed up loading and unloading at ports to reduce dwelling time of ships. “The police package is being intensively prepared involving a number of related ministries. … Continue reading →
The World Bank Executive Directors Agency has approved a USD 450 million funding to support the Indonesian government in expanding the affordable housing program for lown-income people. The approval was signed on March 17, 2017. Chief Representatives of the World … Continue reading →
An Indonesian company operating in engineering and construction, PT. Wijaya Karya (WIKA), will be involved in a project to build 8,000 houses in Saudi Arabia with an investment value of US$2 billion. The Chairman of the Indonesian Chamber of Commerce … Continue reading →
The World Bank has approved $125 million in financing to support the government’s project aimed at upgrading dams across the country, which will have an impact on about 11 million people living around the sites. The second phase of the Dam … Continue reading →