Taufik Widjoyono, secretary general of the Public Works and Public Housing Ministry, said that the government had conducted a number of reforms in relation to regulations in a bid to encourage private involvement in infrastructure projects. Among the regulation reforms … Continue reading →
The Coordinating Minister for Economic Affairs Darmin Nasution said the 13th economic policy package will be announced Friday, August 5, 2016. “The announcement will be made either tomorrow or next week,” Darmin said at Bank Indonesia office building, Jakarta, Wednesday, August 3, 2016. … Continue reading →
Three state-owned banks will help fund the Tangguh Train 3 LNG project in Bintuni Bay, West Papua. Bank Mandiri, Bank Negara Indonesia (BNI), and Bank Rakyat Indonesia (BRI) and a private non-bank firm Indonesia Infrastructure Finance are committed to provide … Continue reading →
Indonesia’s economy likely expanded only slightly faster in the second quarter than the first, a Reuters poll showed, highlighting challenges policymakers face getting the resource-dependent country onto a faster growth track. The median forecast of 16 analysts in the poll … Continue reading →
State-owned energy giant PT Pertamina announced on Monday the acquisition of France-based oil company Maurel et Prom with the purchase of 24.53 percent of its shares from Pacifico. Pertamina vice president of corporate communications Wianda Pusponegoro said the acquisition was part of … Continue reading →