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07 March 2018
As the U.S. tries to arrest a deteriorating trade balance with Indonesia, which last year found itself in President Donald Trump’s cross-hairs, Donovan has also rejected complaints of increasing American protectionism. Indonesia had made... read more
05 March 2018
Chinese foreign direct investment in Indonesia now dwarfs U.S. investment by $1.4 billion Figures show that in the space of three years, the U.S. has lost significant ground to China in terms of foreign direct investment in Indonesia. Last year,... read more
01 March 2018
Indonesia’s economy expanded 5.2% year-on-year (YoY) in the fourth quarter (4Q) of 2017, beating a consensus estimate of 5.1% growth. For the full year, the region’s largest economy grew 5.07% YoY. The 4Q figure indicates that... read more
27 February 2018
State-controlled steel manufacturing company Krakatau Steel is optimistic that it will post net profit in 2018 after continuously being plagued by net losses since 2011. Tambok Setyawati, Finance Director at Krakatau Steel, said the company... read more
27 February 2018
Coca-Cola Amatil Indonesia, one of the leading companies in the carbonated beverages and fruit juices industry in Indonesia, is optimistic that its sales in Southeast Asia's largest economy will grow by double-digit figures in 2018. This... read more
23 February 2018
There is a rising trend of investment from the European Union (EU) into Indonesia. This is no surprise considering the improving economy in Europe. Based on data from the Investment Coordinating Board (BKPM), the EU is now the fourth-biggest... read more
23 February 2018
Industry Minister Airlangga Hartanto said in Jakarta on Monday that he had offered the development of three industrial estates in North Kalimantan, North Sumatra and North Sulawesi to Singapore. He explained that the concept was similar to the... read more
21 February 2018
Indonesian government encourages investment in the manufacturing sector by allowing a wider range of imports/exports, reducing dwelling times, as well as by revising and improving tax allowances and tax holidays that are offered to investors... read more
21 February 2018
One method to ignite structurally high economic growth for a sustained period of time in Indonesia is to encourage the development of the country's stagnant manufacturing sector. A thriving manufacturing industry (especially when it can... read more
19 February 2018
Foreign investors have applauded some efforts by the government to streamline regulations, but say there are still too many restrictive regulations and a stifling bureaucracy. Indonesia’s economy has been growing at about 5 percent... read more