The Financial Services Authority (OJK) stated that the government has high hopes that the capital market industry can contribute to the development of infrastructure in the country with long-term funding. “We have a strong foundation to support the government in … Continue reading →
South Korean LG International and local firm PT Duta Firza are conducting a feasibility study on a potential US$1.3 billion petrochemical factory in Bintuni, West Papua, near the gas-rich Bintuni and Masela blocks in Maluku, which would provide raw material … Continue reading →
Deputy Minister of Energy and Natural Resources Arcandra Tahar here on Tuesday said four oil and gas projects have been included in the National Strategic Projects list because they have large capacity of gas, and therefore, their production will meet … 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 →
The government will issue a presidential regulation (Perpres) on retailers and minimarket businesses in Indonesia. Coordinating Minister for the Economy Darmin Nasution said the rule will be followed by a Trade Ministers Regulation. Darmin said in Jakarta on Monday that his ministry … Continue reading →