Transportation Minister Budi Karya Sumadi has said that investors from Australia and South Korea are competing to invest in the expansion of Komodo Airport in Labuan Bajo, East Nusa Tenggara, which is being developed into a major tourist destination. “We will soon offer the … Continue reading →
Transport Minister Budi Karya Sumadi said he will offer ten projects to foreign investors when Asian and European transport ministers meet in the 4th Asia-Europe Meeting (ASEM) in Denpasar, Bali, September, 26-28. Budi said he would utilize the meeting with … Continue reading →
Keppel Land, the real estate arm of Singapore-based conglomerate Keppel Corp, signed a conditional sales and purchase agreement with Indonesia’s Bank Central Asia, or BCA, to acquire a central business district area in Jakarta. According to a company statement released … Continue reading →
The Indonesian embassy in the United Kingdom and Ireland recently conducted an event called “Indonesia Briefing” in London on September 19. Guests of the event include UK prime minister’s envoy to Indonesia and ASEAN Richard Graham MP, Indonesia’s minister of … Continue reading →
A recent study by technology giant Google and United States-based global management consultancy AT Kearney shows growing investor confidence in Indonesia’s startup market, with investment in the sector having grown 68-fold over the past five years to $1.4 billion in 2016. The report … Continue reading →