Industry Minister Airlangga Hartarto encourages Japan’s medium-scale industries to invest in Indonesia. The minister said that there are three manufacturing sectors with potentials for co-development; automotive, electronics, and food and beverages (F&B). “They have to look at moving economies, one of them … Continue reading →
President Joko Widodo has signed the Presidential Regulation on the 16th economic policy package, which covers the acceleration of business licensing. The Presidential Regulation registered as PP No. 91/2017, was signed today, Coordinating Minister for the Economy Darmin Nasution said … Continue reading →
The Finance Ministry has said that the government is preparing a regulation on the gross-split scheme, which will encourage oil and gas companies involved in exploration and exploitation to invest in the sector through the provision of tax incentives, according to a kontan.com report … Continue reading →
State-owned Enterprises (SOE) Minister Rini Soemarno said foreign investors are eyeing Indonesia`s global bonds denominated in rupiah that will be issued soon. But most of the investors do not want to transact in Indonesia. “Many foreign investors are willing to buy … Continue reading →
Keppel Land, the real estate arm of Singapore-based conglomerate Keppel Corp, signed a conditional sales and purchase agreement with Indonesia’s Bank Central Asia, or BCA, to acquire a central business district area in Jakarta. According to a company statement released … Continue reading →