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Indonesia, Freeport still differ on IUPK scheme

PT VUI : Doing Business in Indonesia Posted on June 13, 2017 by Herlina HoJune 13, 2017

The government and Freeport Indonesia are still not in agreement over several aspects of the latter’s contract of work (CoW) conversion to a special mining permit (IUPK), an official has said. The Energy and Mineral Resources Ministry’s secretary-general, Teguh Parmudji, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Finance, Indonesia Investment

Masela potential buyers include petrochemical and fertilizer industries

PT VUI : Doing Business in Indonesia Posted on June 13, 2017 by Herlina HoJune 13, 2017

The Industry Ministry has said it sees potential customers for gas produced by the Masela block in the Arafura Sea among fertilizer and petrochemical businesses. Those industries will be developed once the location of the Masela field’s onshore liquefied natural gas (OLNG) … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Economy & Business, Indonesia Investment, Indonesia oil & gas

Public Works Ministry, World Bank to Develop Tourism Infrastructure

PT VUI : Doing Business in Indonesia Posted on June 12, 2017 by Herlina HoJune 12, 2017

The spirit of “Indonesia Incorporated” has been strengthened by the Public Works and Housing Ministry’s collaboration with the Tourism Ministry in developing tourism infrastructure. Public Works Minister Basuki Hadimuljono met with World Bank director for Indonesia Rodrigo A. Chavez to … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Public Work, Indonesia Tourism | Tagged Indonesia Economy & Business, Indonesia Investment, Indonesia Public Work, Indonesia Tourism

Biznet invests $100m for fiber optic expansion this year

PT VUI : Doing Business in Indonesia Posted on June 12, 2017 by Herlina HoJune 12, 2017

Internet service and network provider Biznet is expanding its fiber optic network and customer base. “To help build modern infrastructure to reduce the country’s digital gap, Biznet has prepared US$100 million this year,” it said in a statement on Friday. … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Information Technology, Indonesia Investment | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Information & Technology, Indonesia Investment

Indonesia Offers $30.5b Worth of Infrastructure Projects at Nomura Investment Forum Asia

PT VUI : Doing Business in Indonesia Posted on June 9, 2017 by Herlina HoJune 9, 2017

Indonesia offered investment opportunities in 35 infrastructure projects worth $30.5 billion at this year’s Nomura Investment Forum Asia, which took place in Singapore this week, National Development Planning Minister Bambang Brodjonegoro said in a statement on Wednesday (07/06). “Infrastructure development … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget

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