The Transportation Ministry has issued two new regulations on airline tickets that will determine the calculation of airfares and price ceilings. The two regulations are in the form of Transportation Ministerial Regulation No. 20/2019 on airfares for domestic commercial airlines … Continue reading →
Indonesian ride-hailing company Go-Jek, one of the nation’s unicorns, confirmed its plans to expand into other countries in the Southeast Asian region. Over the next couple of months the company will invest USD $500 million to start delivering its ride-hailing … Continue reading →
Minister of Transportation Budi Karya Sumadi met representatives of four reputed British companies in London on Wednesday to discuss transportation infrastructure and investment opportunities in Indonesia. The four companies were HSBC, KPMG, ARUP, and Linklaters, spokesperson of the Directorate General … Continue reading →
The Japanese government has signed a loan agreement for Rp 14.2 trillion (US$1.04 billion) to fund the Indonesia-Japan flagship Patimban deep seaport project in Subang, West Java. The total investment for the project is Rp 17.2 trillion, said Japanese International Cooperation … Continue reading →
Japanese investors have expressed interest in operating three of Indonesia’s airports, during the eighth Vice-Ministerial Meeting on the Transport Sector between Indonesia and Japan in Tokyo last week. “Japan is interested in creating a partnership to operate three of our … Continue reading →