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 →
Chinese stainless steel giant Tsingshan Holding Group has expressed interest in building a US$28 billion integrated ferronickel complex in Tanah Kuning Industrial Park in Indonesia’s youngest province, North Kalimantan. Industry Ministry’s industrial estate development director general Imam Haryono said Tuesday … Continue reading →
The Special Unit for Upstream Oil and Natural Gas Business Activities (SKK Migas) chief Amien Sunaryadi said that his office will be working on 14 oil and gas projects to step up national production. The projects include HCML Madura BD, … Continue reading →
The Switzerland government will make a “big investment” in Indonesia’s tourism industry within the next four years, providing expertise in the hospitality industry and vocational skill development to support the Indonesian government’s ambitious target of attracting 20 million international tourists … Continue reading →