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20 September 2019
Investment will be instrumental in the process of improving the capacity of Indonesia's human resources. While the country's economy expanded 5.07 percent year-on-year in the first quarter of 2019, the government seeks to achieve a... read more
18 September 2019
Indonesia's investment promotion agency will focus on attracting capital inflows into the digital economy to overcome an expected decline in the country's mining and manufacturing sectors. The Investment Coordinating Board (BKPM) made... read more
16 September 2019
Indonesia is at risk of an economic slowdown, due to regulations deemed unsuitable for the current global economic climate, the World Bank said in a recent report. In a study titled "Global Economic Risks and Implications for... read more
13 September 2019
Economic ministers of the Association of Southeast Asian Nations (ASEAN) highlighted the significance of finalization of the Regional Comprehensive Economic Partnership (RCEP) multilateral economic agreement under negotiations for several... read more
11 September 2019
Indonesia's foreign exchange reserves increased US$500 million to $126.4 billion at the end of August 2019, from $125.9 billion a month earlier, according to Bank Indonesia (BI). "The foreign exchange reserves rose in August 2019... read more
09 September 2019
Indonesian Trade Minister Enggartiasto Lukita held bilateral talks with his Australian counterpart, Simon Birmingham on the sidelines of the 51st ASEAN Economic Ministers' Meeting (AEM) held in Bangkok, Thailand, on Sunday. The meeting... read more
06 September 2019
The Tourism Ministry is a strong proponent of the view that Sail Nias 2019 offers the momentum to reinvigorate tourism on the island located in North Sumatra Province and popular in the 1980s and 1990s. "Sail Nias has become a momentum... read more
04 September 2019
Kediri has been chosen for the construction of an international airport because the district is located in a strategic area, Transportation Minister Budi Karya Sumadi has said. "After studies for years, the government has decided to build... read more
02 September 2019
The Singapore Business Mission, led by Indonesian Ambassador to Singapore Ngurah Swajaya, resulted in an investment agreement of US$500 million, according to a written statement from the Ministry of Foreign Affairs received here on... read more
30 August 2019
Indonesia made great progress in reforming its economy during the first term in office of President Joko Widodo. The country’s ranking in the World Bank’s ease of doing business study rocketed from 114 in 2014 to 73 this year, and... read more