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03 April 2020
Foreign fund fly away as Covid-19 pandemic rise but liquidity is safe Indonesia has seen $7.9 billion of foreign funds fly out of the country's financial market so far this year – one of the worst capital outflows the country has... read more
01 April 2020
Indonesia retained its position as the second-largest venture capital market in Southeast Asia as Malaysia remained in third position and Singapore continued to lead the rankings. A recent report by Deal Street Asia showed that Indonesia-based... read more
30 March 2020
Bank Indonesia Governor Perry Warjiyo, remains certain that foreign investors still retain substantial interest to invest funds in Indonesia, due to Indonesia's economy, Perry assessed, remaining strong and stable. "Together with Mr.... read more
28 March 2020
Indonesia’s parliamentary budget committee recommended the government raise a cap on the state budget deficit to 5% of gross domestic product, to allow for more budget maneuvering as it tackles the spread of coronavirus. Said Abdullah,... read more
25 March 2020
Indonesian Foreign Affairs Minister Retno Marsudi announced a series of measures in response to the coronavirus outbreak (COVID-19).  The Indonesian government has suspended its visa-free policy for short-stay visits, visa-on-arrivals and... read more
24 March 2020
The Indonesian government will introduce a special agency whose main task is to handle foreign and domestic investments in the development of the country’s new capital city in East Kalimantan, officials said on Wednesday as quoted by The... read more
20 March 2020
The government is currently on the track to establish a sovereign wealth fund — aimed at managing and allocating a sum of funding and/or state assets — which will also be used for, among other things, financing the development of... read more
18 March 2020
Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board to invest more in Indonesia, particularly through the planned sovereign wealth fund that is to be channeled for projects intended to aid the country’s... read more
16 March 2020
As expected, Indonesia’s full-year 2019 economic growth came in well below the central government’s 5.3 percent year-on-year (y/y) growth target. Based on the data that were released by Statistics Indonesia (Badan Pusat Statistik,... read more
13 March 2020
Complicated and time-consuming regulations remain the number one hurdle for foreign investors in Indonesia, choking essential support for its ever-growing startup ecosystem, a Google insider said. Sebastian Trzcinski-Clement, Google's head... read more