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11 March 2020
Indonesia is aiming to double gas production over the next 10 years to 12,300 million cubic feet per day (mmscfd) as it sets sights on becoming one of the top global gas exporters with major projects in the pipeline. The government’s... read more
09 March 2020
The Investment Coordinating Board (BKPM) drew attention to the fact that investment activities in Indonesia had been affected by the coronavirus (COVID-19) global outbreak. Operational activities of several firms were impacted by a plunge in... read more
06 March 2020
Indonesian banking loan expansion is set to recover this year after experiencing a significant slowdown in 2019, with completion of key infrastructure projects and the government's continuing structural reform providing a supportive... read more
04 March 2020
Indonesia's central bank, Bank Indonesia, has issued five policies to maintain monetary and financial stability during the global Covid-19 outbreak. Bank Indonesia Governor Perry Warjiyo said the bank would at first focus on intensifying... read more
03 March 2020
The Asian Development Bank (ADB) will provide around US$2.7 billion in loans this year to support Indonesia’s human capital, infrastructure and green energy development. ADB president Masatsugu Asakawa said the bank planned to provide... read more
28 February 2020
President Jokowi has strengthened the role of the Investment Coordinating Board (BKPM) to streamline the issuing of all business licenses. The responsibility for issuing business licenses is currently spread across many government institutions... read more
26 February 2020
Last week the government submitted the controversial omnibus bill on job creation to the House of Representatives, aiming for a conclusion in deliberation within 100 days. President Joko “Jokowi” Widodo initiated the omnibus bill to... read more
24 February 2020
The Coronavirus (COVID-19) outbreak hitting China, the world’s second-largest economy, since January-end 2020 has hindered the recovery of the global economy from the impacts of the US-China trade war that had slowed down. Economic... read more
21 February 2020
Indonesia moved a step closer to passing a series of sweeping reforms that will effectively strengthen President Joko Widodo's control over economic policy in a bid to boost investment. The government this week submitted to the parliament... read more
19 February 2020
Last week, Indonesia's President Joko Widodo introduced legislation in parliament that would overhaul the country's infamously inflexible labour laws that investors and experts say paradoxically leave workers worse off. Three quarters... read more