The Indonesian government is committed to strengthening economic partnership with Iran as is reflected by the visit of Indonesias Chief Economic Minister Darmin Nasution along with his entourage on February 26-27, 2017. The office of the chief economic minister noted … Continue reading →
State-owned airport operator PT Angkasa Pura I (Persero) has budgeted up to 54 billion rupiahs to speed up constructions and development of six airports in Indonesia. Revenues earned from non-aeronautics businesses are also maximized to balance the source of income … Continue reading →
Central Lombok – The Coordinating Ministry for Economic Affairs will formulate necessary policies to ensure equitable economic development in Indonesian regions. “The president has called on the coordinating minister to create policies to address the development gaps in regions,” Coordinating Minister … Continue reading →
The World Bank’s board of executive directors has approved $55.25 million in grants to support geothermal energy projects in Indonesia with the aim to facilitate investment in geothermal power generation. “Insufficient energy holds back Indonesia’s growth potential and limits the … Continue reading →
The Jeddah-based Islamic Development Bank (IDB) last weekend approved a financing deal worth US$488 million to support infrastructure development and education in Indonesia. Of the total, $250 million will be used to develop Java’s southern coastal road (Pansela) to increase … Continue reading →