Indonesia’s Investment Coordinating Board (BKPM) has offered 17 tourism projects to investors to support the development of three main tourist destinations, namely Lake Toba in North Sumatra, Borobudur Temple in Central Java and Tanjung Kelayang in Bangka Belitung. The projects … Continue reading →
Indonesia Stock Exchange (IDX) development director Nicky Hogan revealed that foreign investors prefer investing their money in infrastructure companies that are related to development programs in Indonesia. “Other companies favored by foreign investors are those with a large consumer base, … Continue reading →
The government plans to carry out various infrastructure projects on Sumatra Island next year by allocating Rp 20.32 trillion (US$1.50 billion) in the 2018 state budget bill that need approval by the House of Representatives. Public Works and Housing Minister … Continue reading →
Transportation Minister Budi Karya Sumadi has invited both local and foreign investors to become the operators of 20 ports and 10 airports. According to him, the government will support investment in the maritime and logistics sectors. “Including by deregulation. Scrapping … Continue reading →
President Joko Widodo has signed the Presidential Regulation on the 16th economic policy package, which covers the acceleration of business licensing. The Presidential Regulation registered as PP No. 91/2017, was signed today, Coordinating Minister for the Economy Darmin Nasution said … Continue reading →