The government and Freeport Indonesia are still not in agreement over several aspects of the latter’s contract of work (CoW) conversion to a special mining permit (IUPK), an official has said. The Energy and Mineral Resources Ministry’s secretary-general, Teguh Parmudji, … Continue reading →
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 →
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 →
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 →
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 →