A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross domestic product (GDP) due to extra priority spending, Finance Minister Sri Mulyani Indrawati said. “We are likely to … Continue reading →
Indonesia and China have agreed to invest in industrial zones outside Java. Companies from both countries last week signed agreements to invest in Morowali industrial area in South Sulawesi worth US$1.63 billion or Rp21 trillion. That includes investment commitment through … Continue reading →
The Indonesian government has launched the 15th economic policy package to develop the businesses and competitiveness of national logistic service providers. “The regulations, which will be issued to support the 15th economic policy package, will be classified into three groups, … Continue reading →
The government will announce the 15th economic policy package this afternoon. “Policy package relating to logistics,” Cabinet Secretary Pramono Anung said today on the Presidential Palace compound in Jakarta. The government expects the 15th economic policy package to lead to … Continue reading →
The Energy and Mineral Resources Ministry has simplified licensing procedures in all sectors under its authority as part of efforts to increase investment inflows, Energy and Mineral Resources Minister Ignatius Jonan said. The ministry realized that not all sectors under … Continue reading →