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Getting a Slice of Indonesia’s Food and Pharma Sectors

With Indonesia’s pharmaceutical and food and beverage (F&B) manufacturing industries growing rapidly, Jakarta’s AllPack Indonesia trade event last October offered valuable insights into these increasingly competitive sectors. According to figures from Indonesia Investments, a Dutch-owned investment advisory service, the country’s manufacturing industry was worth about US$156 billion in 2015, representing 18.1 per cent of its […]

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Indonesia is Safe for Investment, VP Jusuf Kalla Says

TEMPO.CO, Jakarta – Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd Islamic Development Bank Member Countries Sovereign Investments Forum in Nusa Dua, Bali, […]

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Indonesia Plans to Step Up Use of New Renewable Energy

TEMPO.CO, Jakarta – The government is planning to increase the use of new renewable energy for electricity by 2025. The Electricity Provision Business Plan (RUPTL) 2017-2026 signed in March says that the uptake of new renewable energy will be increased from 19.6 percent to 22.6 percent by 2025. The government will optimize local energy sources […]

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Indonesia: REI : Apartment Tax Hurts Property Sector

TEMPO.CO, Jakarta – Real Estate Indonesia (REI) asked the Indonesian Government to cancel its plans in implementing a special task for empty and unrented apartments. According to REI Secretary General of the Central Board, Paulus Totok Lusida, the plan can have negative implications on the industry’s development and national economy. Other than that, Paulus said, property […]

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Indonesia: Textile Industries Provide 3 Million Jobs: Industry Minister

TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said textile products and textile industries are strategic industries that give a big contribution for the economy. According to him, the government prioritizes the development of these labor-intensive and export-oriented industries in order to be able to compete at the global level. “Textile industries can also become social security […]

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