PT Pertamina, through subsidiary PT Kilang Pertamina Internasional (KPI), and Russian Rosneft Oil Company, through affiliate Petrol Complex PTE LTD, signed a document to establish a joint venture: PT Pertamina Rosneft Processing and Petrochemicals (PRPP). The joint venture will build … Continue reading →
Beside legal certainty and security, simplification of licensing procedure is often an issue demanded by investors both local and foreign investors in the country. The government, therefore, has taken a number of steps to accommodate the demand of prospective investors … Continue reading →
The Asia Competitiveness Institute (ACI) reports that East Java Province is topping ease of doing business (EoDB) index 2017. Meanwhile, Jakarta stands in 4th position, below West Java and Central Java. The results were based on economic statistics and ACI … Continue reading →
The Aceh Investment Forum 2017 kicked off at Shangri-La Hotel in Jakarta on Thursday to boost investment, trade and tourism sectors in the northern province of Indonesia. Governor Irwandi Yusuf said despite implementing the sharia system, the province has been … Continue reading →
The Indonesian government is now preparing “ease of doing business” task forces in both the central government and all regional administrations to help smooth the licensing process for those who want to invest money in regions across the country. Coordinating … Continue reading →