PT Pertamina recorded efficiency gains from oil procurement of $91 million or Rp1.2 trillion in the first half of 2016. The achievement was obtained after the company diverted procurement to the Integrated Supply Chain (ISC) division from the previous through a … Continue reading →
The government has announced that it will cut out unnecessary processes and reduce 70 percent of the costs involved in building low-cost housing as part of its 13th economic stimulus package, in the hope of increasing the availability of affordable … Continue reading →
Direct investment in Indonesian firms from foreign and domestic sources is expected to grow more slowly this year, the country’s investment board chief said on Tuesday (23/08), noting that Southeast Asia’s largest economy had lost out to Vietnam in the … Continue reading →
Sri Mulyani Indrawati is the hero who came home. President Joko Widodo summoned her back, so she left her very senior position as managing director of the World Bank. Sri was made finance minister, a position she held under the … Continue reading →
President Joko “Jokowi” Widodo revealed his government’s proposed 2017 state budget during a plenary session at the House of Representatives in Jakarta on Tuesday (16/08). The budget assumes that the rupiah will appreciate in value next year and that Indonesia’s economy … Continue reading →