Consumers confidence in the domestic economy fell in June compared to May due to limited job opportunities, according to the results of a survey conducted by Bank Indonesia (BI). However, consumers perception index which currently stands at 122.4 points is … Continue reading →
State-owned electricity company PLN has announced a plan to hold a tender for a power plant construction project with a capacity of 6,000 megawatt (MW). The project is part of the government’s 35,000 MW electricity procurement program scheduled for completion … Continue reading →
The government, through the Industry Ministry, has approved the expansion plan for a nickel industrial estate in Konawe, Southeast Sulawesi, and plans to issue the permit in the near future. The ministry’s Directorate General of Development for Industrial Areas, Imam Haryono, said … Continue reading →
The Indonesian economy is estimated to have grown at a slower pace in the second quarter than projected earlier due to a shift in the government and public spending to the third quarter, Bank Indonesia (BI) said. Public consumption still … Continue reading →
The Financial Services Authority (OJK) stated that the government has high hopes that the capital market industry can contribute to the development of infrastructure in the country with long-term funding. “We have a strong foundation to support the government in … Continue reading →