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06 May 2019
While Indonesia's once-vibrant oil and gas production business is mostly a victim of geology and the natural decline of aging fields, the decrepitude of its oil refining industry is the result of bad decision-making -- poor policies, red... read more
03 May 2019
Indonesia, the world’s fourth most populous country, is planning to move its capital away from Jakarta, which is suffering from severe congestion and is rapidly sinking. The country’s president, Joko Widodo, has decided to relocate... read more
01 May 2019
There are no easy solutions for Indonesia. After Widodo and other election candidates pandered to the masses in the election campaign with populist promises, the atmosphere is not conducive to level-headed debate. The inability to attract... read more
29 April 2019
During a meeting between Indonesian Trade Minister Enggartiasto Lukita and the Philippines Trade and Industry Minister Ramon M Lopez and Agriculture Minister Immanuel Pinol in Manila, the two governments agreed to enhance trade and... read more
26 April 2019
The Trade Ministry has targeted to increase non-oil/non-gas exports by 8 percent or US$175.8 billion this year by benefiting from the rapid era of the industry 4.0. "This year, Indonesia has raised the target of non-oil/non-gas export... read more
24 April 2019
The Ministry of Industry has projected that the food and beverage industry can grow above 9 percent in 2019 due to additional investment. The government will continue to boost the performance of export-oriented industrial sectors, said Minister... read more
22 April 2019
The Indonesian government is seeking investment from Renault and Volvo to make electric vehicles as the country targets battery-powered automobiles to account for a quarter of the production by 2030. The government has asked Renault and Volvo... read more
19 April 2019
After nearly nine years of talks and negotiations (although communication between both sides had been put to a halt - amid diplomatic tensions – at more than one occasion over these nine years) Indonesia and Australia finally signed the... read more
17 April 2019
Credit rating agency Fitch Ratings announced on 14 March 2019 that it has affirmed Indonesia's long-term foreign-currency issuer default rating at 'BBB' with a stable outlook (investment grade level). This decision was particularly... read more
15 April 2019
President Joko “Jokowi” Widodo recently said that throughout his presidency he had met with countless investors who had expressed an interest in investing in Indonesia. However, most of them disappeared as soon as they dealt with... read more