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Biznet invests $100m for fiber optic expansion this year

PT VUI : Doing Business in Indonesia Posted on June 12, 2017 by Herlina HoJune 12, 2017

Internet service and network provider Biznet is expanding its fiber optic network and customer base. “To help build modern infrastructure to reduce the country’s digital gap, Biznet has prepared US$100 million this year,” it said in a statement on Friday. … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Information Technology, Indonesia Investment | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Information & Technology, Indonesia Investment

Indonesia Offers $30.5b Worth of Infrastructure Projects at Nomura Investment Forum Asia

PT VUI : Doing Business in Indonesia Posted on June 9, 2017 by Herlina HoJune 9, 2017

Indonesia offered investment opportunities in 35 infrastructure projects worth $30.5 billion at this year’s Nomura Investment Forum Asia, which took place in Singapore this week, National Development Planning Minister Bambang Brodjonegoro said in a statement on Wednesday (07/06). “Infrastructure development … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget

Indonesia`s forex reserves up $1.7 billion to $124.95 billion as of late May

PT VUI : Doing Business in Indonesia Posted on June 9, 2017 by Herlina HoJune 9, 2017

Indonesias foreign exchange reserves rose by US$1.7 billion to US$124.95 billion as of late May 2017, fueled by a rise in tax receipts and foreign exchange earnings from oil and gas exports, according to Bank Indonesia (BI). Proceeds from the … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Foreign Exchange | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Forex

Government expresses commitment to increase quality of economic growth

PT VUI : Doing Business in Indonesia Posted on June 8, 2017 by Herlina HoJune 8, 2017

The government has expressed its commitment to increasing the quality of economic growth in an attempt to help reduce poverty, unemployment and gaps. “The government will continue to direct its development strategy to boost economic growth and stable community revenues,” … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance | Tagged Indonesia Economic Outlook, Indonesia Economy & Business, Indonesia Finance, Indonesia Growth

Three Investors Eyeing Bangka Belitung Economic Zone

PT VUI : Doing Business in Indonesia Posted on June 8, 2017 by Herlina HoJune 8, 2017

The Coordinating Minister for Economic Affairs Darmin Nasution said that three investors are eyeing investment in Tanjung Kelayang Tourism Special Economic Zone (SEZ) in Bangka Belitung. Three major investors Sheraton Hotel Group, Sofitel Hilton Group and China Harbour Engineering Company … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Tourism | Tagged Indonesia Economy & Business, Indonesia Investment, Indonesia Tourism

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