Finance Ministry Sri Mulyani said that the government is aiming for 6.3 percent investment growth in a bid to achieve the economic growth target of 5.4 percent set in the draft 2018 state budget (RAPBN). “We assume that bank loans … Continue reading →
The Indonesian government has rolled out the red carpet for foreign investors eyeing local digital start-up firms. The Coordinating Minister for Economy Darmin Nasution said that major investment will boost digital businesses. “There will be resources to do new things … Continue reading →
United States oil producer ExxonMobil has set a price of US$121 million for state-owned energy giant Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is jointly … Continue reading →
Bali Hydro System Company Ltd., a Hong Kong-based corporation, has expressed interest to invest in Pekalongan, Central Java. Pekalongan Mayor Asip Kholbihi stated here on Wednesday that the town has economic potential and abundant natural resources that could serve as a … Continue reading →
China Communications Construction Group (CCCG) through its subsidiary PT China Harbor Jakarta Real Estate Development officially started the construction of Daan Mogot City or Damoci in West Jakarta. The first phase of investment fund of Rp 4 trillion is prioritized … Continue reading →