The Public Works and Public Housing Ministry on Monday signed cooperation agreements with seven regional administrations for the construction of infrastructure for local residents in tourism areas. The infrastructure projects include roads in residential areas, drainage systems and clean-water networks, … Continue reading →
Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific. Airbnb’s country manager for Southeast Asia, Hong Kong, and Taiwan, Robin Kwok, said that Indonesia is one of the fastest growing countries … Continue reading →
State-owned lender Bank Negara Indonesia (BNI) has signed an agreement with 15 other banks to finance the construction of a 39.29-kilometer toll road from Pemalang to Batang—two cities in Central Jakarta. The syndicated loan agreement of the 16 banks was signed on … Continue reading →
The Public Works and Public Housing Ministry will commence bidding soon for three irrigation projects to help farmers in Pamukkulu in South Sulawesi, Sidan in Bali and Way Apu in Papua increase productivity. Bidding for the projects were intended to … Continue reading →
The Indonesian Government provided a guarantee in the ease of business for the investors who plant their assets in special economic zones. In the tourism sector, Tourism Minister Arief Yahya explained that the government plans to restore a number of infrastructures … Continue reading →