The Kutai Kartanegara District succeeded in attracting the largest domestic investment (PMDN) among the district areas in East Kalimantan in the third quarter of 2017. Implementation of PMDN projects in the district reached Rp2.08 trillion in value in the July-September … Continue reading →
The Asia Competitiveness Institute (ACI) reports that East Java Province is topping ease of doing business (EoDB) index 2017. Meanwhile, Jakarta stands in 4th position, below West Java and Central Java. The results were based on economic statistics and ACI … Continue reading →
Indonesia Stock Exchange (IDX) development director Nicky Hogan said the IDX has set a target to list 630,000 Single Investor Identification (SID). “By the end of this year [the number of investors] is expected to reach 630,000,” Nicky said at … Continue reading →
The Indonesian government needs Rp11 trillion private investment to develop Lake Toba tourism in North Sumatra. Chinese and Singaporean investors have expressed their interest to develop supporting facilities in the tourist attraction. Lake Toba Tourism Authority official Faisal said that … Continue reading →
State-owned utility company Perusahaan Listrik Negara signed power purchase agreements worth Rp 20.4 trillion ($1.5 billion) on Thursday (16/11) with nine independent power producers that will build renewable power plants with a total capacity of 640.65 megawatts. The deal is part … Continue reading →