Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard & Poor’s upgrade of its credit rating to investment grade, President Joko “Jokowi” Widodo told Reuters. The … Continue reading →
The government will issue a presidential regulation (Perpres) on retailers and minimarket businesses in Indonesia. Coordinating Minister for the Economy Darmin Nasution said the rule will be followed by a Trade Ministers Regulation. Darmin said in Jakarta on Monday that his ministry … Continue reading →
Despite continued traffic jams, overcrowded public transportation, ports and airports during this year’s Idul Fitri holiday, there are signs the government’s push for more infrastructure development has started making impacts on easing people’s lives and help propel growth, an industry … Continue reading →
The Central Statistics Agency (BPS) recorded June’s inflation rose 0.69 percent to 4.27 percent compared to the previous month. BPS chief Suhariyanto said on Monday that June’s inflation rate was affected by electricity tariff adjustments, airfare and city transportation fees, … Continue reading →
Indonesia scored better than average in managing its extractive resources, reflecting good governance and adequate transparency, according to an index released by the New York-based Natural Resource Governance Institute (NRGI) on Wednesday (28/06). Indonesia scored 68 out of 100 for … Continue reading →