President Joko Widodo has expressed the need for a task force to safeguard every investment coming into Indonesia. “As per the coordinating minister for economy, we will have a single-submission system later in January or February. This must be set … Continue reading →
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 →
Vice President Jusuf Kalla stated that the increase of domestic and foreign investment is important to boost economic growth that in the third quarter 2017 grew by 5.06 percent. “Boosting growth requires more investment and exports,” VP Kalla said here … Continue reading →
The World Bank dropped its growth outlook for Indonesia’s GDP this year while maintaining its predictions for next year due to an unexpectedly dormant private consumption rate that accounts for over half of Indonesia’s GDP, according to the bank’s latest … Continue reading →
The Indonesian government and the House of Representatives (DPR) have agreed on the projection for economic growth of 5.2 percent in 2017. Finance Minister Sri Mulyani Indrawati reveals several reasons for the government’s confidence in achieving the target of 5.2 percent economic … Continue reading →