The government has called on private investors to help support its plan to electrify thousands of villages across the country in a bid to spur economic growth. Villages, Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo stated that around 13,000 … Continue reading →
Credit rating agency Fitch Ratings has affirmed Indonesia Sovereign Credit Rating at BBB- with a Positive Outlook. The major rating drivers were low government debt burden, positive outlook for growth and limited sovereign exposure to banking-sector risks with weak – but … Continue reading →
The Swiss Government has provided a grant of US$75 million for Indonesia to support the countrys economic development. The Swiss Government wants to continue and maintain technical support for Indonesia, Swiss Economic, Education and Research Minister Johann Schneider-Ammann said after … Continue reading →
Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard & Poor’s upgrade of its credit rating to investment grade, President Joko “Jokowi” Widodo told Reuters. The … Continue reading →
Despite continued traffic jams, overcrowded public transportation, ports and airports during this year’s Idul Fitri holiday, there are signs the government’s push for more infrastructure development has started making impacts on easing people’s lives and help propel growth, an industry … Continue reading →