The Ministry of Public Works and Public Housing has approved 952 contracts for infrastructure improvements in Indonesia worth Rp6.43 trillion. Minister of Public Works and Public Housing Basuki Hadimuljono, said on Wednesday that at least 68 contracts out of the … Continue reading →
In the Indonesia Economic Quarterly report released here on Wednesday, the World Bank has forecast that Indonesias gross domestic product will reach 5.3 percent in 2017. According to the report, Indonesias fiscal policy credibility has been improving coupled with more … Continue reading →
The Energy and Mineral Resources Ministry has officially launched a ministerial decree, which allows private companies to develop their own electricity grids that are separate from state-owned electricity firm PLN. On Monday, Energy and Mineral Resources Deputy Minister Arcandra Tahar … Continue reading →
The government expects to discuss the continuation of four strategic projects between Indonesia and Japan, among other topics, during the visit of Japanese Prime Minister Shinzo Abe to Indonesia on Jan. 15. “We will talk about Patimban Port, the Jakarta-Surabaya … Continue reading →
Indonesia has been one of the most lucrative investment destinations in the Asia-Pacific, given the positive performance of the stock market and its stable currency. This is evidenced by foreign flows into the stock market reaching Rp28.76 trillion (US$2.22 billion) … Continue reading →