Transportation Minister Budi Karya Sumadi held bilateral meetings with delegates of four countries: South Korea, Singapore, Hungary, and China, as well as the European Union (EU) to discuss infrastructure projects in Indonesia. The meetings were held on sidelines of The 4th Asia … Continue reading →
Transportation Minister Budi Karya Sumadi has said that investors from Australia and South Korea are competing to invest in the expansion of Komodo Airport in Labuan Bajo, East Nusa Tenggara, which is being developed into a major tourist destination. “We will soon offer the … Continue reading →
Transport Minister Budi Karya Sumadi said he will offer ten projects to foreign investors when Asian and European transport ministers meet in the 4th Asia-Europe Meeting (ASEM) in Denpasar, Bali, September, 26-28. Budi said he would utilize the meeting with … 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 →
East Ventures, a Southeast Asian venture capital company, announced an investment of 30 million USD for Indonesian startups. This is the sixth fund collected and managed by the three founders of East Ventures; Willson Weather, Batara Eto, and Taiga Matsuyama. A recent … Continue reading →