President Joko Widodo (Jokowi) has encouraged private firms to help develop the infrastructure. He said that it is impossible to build the infrastructure only by SOEs. “Many have said that all projects are carried out by SOEs. No. Private firms … Continue reading →
President Joko Widodo (Jokowi) has invited Singapore investors to invest in Indonesias two growing sectors, namely digital economy and tourism. “To date, eight of the worlds 13 largest companies are engaged in the technological field. Of course, this is a … Continue reading →
Indonesia’s revisions to new oil and gas production-sharing contracts are positive for investors, the leading energy industry association said, amid waning interest in energy exploration and declining oil output from the former OPEC member. The archipelago overhauled its oil and … Continue reading →
The Japanese government has expressed its wish to take part in several major infrastructure projects in Indonesia, Public Works and Housing Minister Basuki Hadimuljono said after accompanying President Joko “Jokowi” Widodo to meet with Japanese guests at the Presidential Place … Continue reading →
Indonesia’s financial regulator has changed its rules governing investments by non-bank financial institutions, according to a new regulation signed last week, in a move aimed at getting those firms to support government infrastructure projects. The OJK revised a regulation first … Continue reading →