The Jakarta property market, especially the market for office and residential properties, has continued to slow down due to weak demand since 2015. In the first quarter of 2017 the rent for Grade A offices in the central business district … Continue reading →
Coordinating Coordinating Minister for Maritime Affairs and Resources Luhut Panjaitan said a French state company Vinci Construction Grands Projets has signed a cooperation agreement with the state owned PT Indonesia Tourism Development Corporation (ITDC) on development of integrated tourism in … Continue reading →
The World Bank has approved a new loan of US$200 million for Indonesia to help finance the countrys infrastructure projects. The loan fund would be used to support PT Indonesia Infrastructure Finance (IIF), a non bank private institution,” chief representative … Continue reading →
The Indonesian economy in 2017 may grow 5.2 percent or above the target of 5.1 percent by strengthening domestic sources of growth, Finance Minister Sri Mulyani Indrawati said. “If domestic demand is better and stronger, the 5.2 percent (growth) will … Continue reading →
The government will soon issue a new economic policy package on logistics mainly to speed up loading and unloading at ports to reduce dwelling time of ships. “The police package is being intensively prepared involving a number of related ministries. … Continue reading →