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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
29 May 2019
Planning officials estimated Indonesia required some US$350 billion in infrastructure financing from 2015 to 2019 and will likely need as much for the coming five-year period, with more than half expected to be financed from private... read more
27 May 2019
Indonesia is quietly talking to the United States about the purchase of 32 new Lockheed Martin F-16 Viper jets and six C-130J cargo aircraft in what may partly be an effort to remove the country from any possible sanctions as the US-China trade... read more
24 May 2019
Indonesia recorded its biggest ever monthly trade deficit in April, complicating the Southeast Asian country’s battle with a broader economic slowdown and the effects of global trade tensions. The value of goods shipped from the country... read more
22 May 2019
Infrastructure development — a hallmark of Mr Widodo’s presidency — is likely to continue shaping his second term after official results from Indonesia’s election last month were released on Tuesday that confirmed he won... read more
20 May 2019
Vice President Jusuf Kalla today greeted Argentina's Vice President Gabriela Michetti at the VP Palace in Central Jakarta. In the opportunity, both vice presidents talked about the two countries’ trade issues, investment, and technical... read more
17 May 2019
Indonesia's central bank on Thursday will keep its main interest rate unchanged for a sixth straight policy meeting as rising U.S.-China trade tensions renew pressure on the rupiah, a Reuters poll showed. Some economists penciled in a rate... read more
15 May 2019
Indonesia is seen recording its first trade deficit in three months in April, with exports and imports predicted to continue their plunge, a Reuters survey showed on Monday. Southeast Asia's largest economy had a trade surplus for two... read more
13 May 2019
Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent interest in the US$15-billion project, Reuters reported on Friday, quoting banking and industry... read more
10 May 2019
National Planning Minister Bambang Brodjonegoro said Indonesia welcomed foreign investors for the development of a long-debated new capital city, a plan revived by President Joko “Jokowi” Widodo on Monday. “We will give... read more