The Energy and Mineral Resources Ministry has set itself the target of revising 11 contracts of work (KK) this year. “As many as 11 companies have not agreed to the revision of KK, and 32 companies have not agreed to … Continue reading →
The Minister of Energy and Mineral Resources, Ignasius Jonan, has been promoting every effort to improve oil and gas investment climate in Indonesia. The minister said that the oil and gas investment climate is influenced by world oil prices, according … Continue reading →
Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd … Continue reading →
The World Bank has approved a new loan of US$200 million for Indonesia to help finance the countrys infrastructure projects. The loan fund would be used to support PT Indonesia Infrastructure Finance (IIF), a non bank private institution,” chief representative … Continue reading →
The Indonesian economy in 2017 may grow 5.2 percent or above the target of 5.1 percent by strengthening domestic sources of growth, Finance Minister Sri Mulyani Indrawati said. “If domestic demand is better and stronger, the 5.2 percent (growth) will … Continue reading →