The government seeks to cut dwell time at the country’s ports to less than two days from the current 2.9 days in the fourth quarter of this year and to reduce logistics costs through policies that provide support for logistics companies, … Continue reading →
Indonesia is set to revise the country’s negative investment list pending a technical meeting to be organized by the Coordinating Economic Ministry. Regarding the new list, Economic Coordinating Minister Darmin Nasution hinted that there would be no change in the … Continue reading →
A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross domestic product (GDP) due to extra priority spending, Finance Minister Sri Mulyani Indrawati said. “We are likely to … Continue reading →
Indonesia saw in 2017 on a strong footing with better a global environment supported by the country’s fiscal performance and better quality of spending, according to the World Bank’s Indonesia Economic Quarterly report released this month. The report also highlights … Continue reading →
The government will announce the 15th economic policy package this afternoon. “Policy package relating to logistics,” Cabinet Secretary Pramono Anung said today on the Presidential Palace compound in Jakarta. The government expects the 15th economic policy package to lead to … Continue reading →