malay01
Read More

Indonesia to move capital city, may take 10 years like Malaysia

JAKARTA: Indonesian President Joko Widodo has decided to move the capital of Southeast Asia’s largest economy away from the crowded main island of Java, the planning minister said on Monday. “The president chose to relocate the capital city to outside of Java, an important decision,” Minister Bambang Brodjonegoro told a news conference after a cabinet meeting, adding that the administration […]

Read More
indo01
Read More

Indonesia: Investment watchdog finds 144 unlicensed fintech platforms

Investment Alert Tax Force chairman Tongam L. Tobing has said the investment watchdog found 144 unlicensed peer-to-peer (P2P) lending platforms, including those operating from foreign countries such as China, Malaysia, Singapore and the United States. The Financial Services Authority (OJK) previously said it had blocked hundreds of unlicensed P2P lending websites and applications. However, unlicensed platforms could easily be […]

Read More
palm oil chart
Read More

Indonesia’s March palm output, exports seen higher

JAKARTA: Indonesia’s palm oil output in March likely rose from a month earlier, while inventories were seen lower on the back of a pickup in exports and domestic consumption, according to a Reuters survey. Palm oil output in top producer Indonesia was seen rising to 3.95 million tonnes in March from 3.80 million tonnes in the previous month, according to […]

Read More
indo03
Read More

Indonesia has opportunity to expand production of healthcare glass

Industry Minister Airlangga Hartarto is saying that business players still have a great opportunity to expand their production of glass products for the healthcare and pharmaceutical industry to supply both domestic and international markets. He said the government gave strong support to the development of the industry through Presidential Instruction No. 6/2016 on the acceleration […]

Read More
indo02
Read More

Indonesia’s financial system stable in Q1: KSSK

The Financial System Stability Committee (KSSK) has said that during the global economic slowdown in the first quarter of 2019, Indonesia managed to maintain its financial system stability. “The peaceful democratic fiesta [legislative and presidential elections] contributes to the public confidence in the financial system,” KSSK coordinator Sri Mulyani Indrawati in Jakarta on Tuesday as […]

Read More