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14 August 2019
Indonesia, the world’s 16th-biggest economy, recently joined the “trillion-US dollar club” having a nominal gross domestic product (GDP) of USD $1.01 trillion. Meanwhile, the country’s annual economic growth has been... read more
12 August 2019
In late-July 2019 Indonesia’s Investment Coordinating Board (BKPM) released the latest direct investment data of Indonesia. The data give rise to some optimism, albeit – generally speaking – direct investment realization comes... read more
09 August 2019
Indonesia is planning a slew of incentives for electric-car manufacturers and drivers, to help bolster a sector that has already lured investment from Toyota Motor Corp. and SoftBank Group Corp., according to a draft government strategy seen by... read more
07 August 2019
Foreign direct investment (FDI) showed signs of recovery during the first half of this year following a downward trend seen since the end of last year as reported by The Jakarta Post. The Investment Coordinating Board (BKPM) reported on... read more
05 August 2019
Indonesia Investment Coordinating Board (BKPM) head Thomas Lembong has identified e-commerce, tourism and lifestyle as Indonesia’s three main “engines for new economic growth” in the years to come. “[These sectors] will... read more
17 June 2019
Taiwan’s Pegatron has signed a letter of intent stating it intends to invest 10-15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to assemble “chips for Apple smartphones”, Indonesia’s deputy... read more
14 June 2019
Indonesia won a sovereign rating upgrade from S&P Global Ratings for its “strong economic growth prospects” and prudent fiscal policy, brightened by the re-election of President Joko Widodo. The nation’s currency, stocks... read more
12 June 2019
Indonesia will put in place new incentives to attract foreign investment in a bid to turn the country into ASEAN's manufacturing hub, industry minister Airlangga Hartarto said at Nikkei's Future of Asia conference here on... read more
03 June 2019
Joko Widodo, re-elected as Indonesia's president, must prioritise reforms including increased investment in education, health and competitiveness, says CEO of Asia Group Advisors, Adam Schwarz. His most impressive achievement since taking... read more
31 May 2019
While Jokowi won’t be inaugurated until October, he’s already set about drafting plans to spend more than $400 billion on infrastructure, such as building new power plants and airports. As much as 40% of the total is expected to be... read more