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06 April 2018
The Asian Development Bank (ADB) signed a loan agreement of approximately 175.3 million U.S. dollars on Monday with PT Supreme Energy Rantau Dedap (SERD) to help finance the company's geothermal power project in Indonesia's South Sumatra... read more
04 April 2018
Coordinating Board (BKPM), India invested USD $285.4 million in Indonesia in full-year 2017. It is a relatively small amount but it does imply 418 percent growth rate from USD $55.0 million worth of Indian investment in Indonesia in the... read more
02 April 2018
Direct investment in the medical device industry of Indonesia soared nearly seven-fold to IDR 4.7 trillion (approx. USD $343 million) in 2017 (compared to the preceding year). Rising investment stems from new as well as existing local companies,... read more
29 March 2018
State-owned energy giant Pertamina aims to gradually increase its investment spending for renewable energy to around 15 percent of its total capital expenditure by 2030 from a mere 1 percent at present. Pertamina set a 2030 target to generate... read more
27 March 2018
Indonesia is preparing for heightened trade barriers in the United States as the world's biggest economy steps up its fight against a trade deficit and enforces what it claims to be fair trade. US President Donald Trump set import duties of... read more
23 March 2018
Intent on getting the US$5.9 billion fast-rail project back on track, Indonesia is now considering eventually extending the China-funded Jakarta-Bandung line as far as Jogjakarta in central Java, hundreds of kilometers further east than... read more
21 March 2018
Indonesia will revise its tax incentives and offer them to a larger number of business sectors, in a bid to attract more investment, the finance minister said. Tax allowance and tax holiday rules, last revised in 2016, had failed to attract a... read more
19 March 2018
Indonesia is seeking more investors and trade improvement with China as to attain higher growth, mutually benefit the two economies whose bilateral ties are in its most dynamic condition at present, an Indonesian minister said here on... read more
15 March 2018
Standard & Poor's Global Ratings highlighted on Tuesday a deterioration in the balance sheets at Indonesian state-owned enterprises (SOEs) involved in a government-led infrastructure push in Southeast Asia's biggest economy. SOEs,... read more
13 March 2018
As reported from Indonesia, the country’s Directorate General of Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources targets geothermal investments of more than 80% of all investments in the new... read more