Investment in human capital and fairer wealth distribution through state budget is prerequisite to Indonesia’s development, Finance Minister Sri Mulyani Indrawati said on Tuesday (25/07). “Investing in human capital cannot wait … It’s not about how much money, but how it is spent,” … Continue reading →
The Office of the Coordinating Economic Minister, the Riau Island regional administration and Batam Indonesia Free Zone Authority (BP Batam) are currently working on options to end legal and management uncertainty over Indonesia’s free trade zone. Coordinating Economic Minister Darmin … Continue reading →
The World Bank has raised concerns over the domination of state-owned enterprises (SOEs) in Indonesia’s infrastructure sector, saying the situation deters private sector investments. With 245 infrastructure projects in the pipeline, Indonesia should have served as an attractive destination for … Continue reading →
Credit rating agency Fitch Ratings has affirmed Indonesia Sovereign Credit Rating at BBB- with a Positive Outlook. The major rating drivers were low government debt burden, positive outlook for growth and limited sovereign exposure to banking-sector risks with weak – but … Continue reading →
The House of Representatives (DPR) Commission VI that oversees state-owned enterprises has approved Rp4 trillion more state capital injection (PMN) for state-owned railway company PT Kereta Api Indonesia (KAI) to develop light rail transit (LRT) project covering Jakarta, Bogor, Depok … Continue reading →