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Indonesia: Sea Toll Road Expected to Reduce Malaysian Products

TEMPO.CO, Jakarta – The government of Nunukan Regency, North Kalimantan, hopes that the distribution of basic necessities via the sea toll program will reduce Malaysian products in the region. “We hope that the distribution of staple foods through the sea toll program will reduce Malaysian products in Nunukan Regency,” Herry Ageng Santoso, head of foreign […]

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Indonesia: BI Projects May Inflation at 0.27%

TEMPO.CO, Jakarta – Bank Indonesia (BI) projects May’s inflation at 0.27 percent. This is based on a survey BI held in 82 cities in the second week of the month. On an annual basis, May’s inflation is estimated at 4.12 percent. “This is still in line with the government’s and BI’s target,” BI governor Agus Martowardojo […]

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Singapore Airlines Subsidiary Scoot Talks about Indonesian Market

TEMPO.CO, Seattle – Lee Lik Hsin, CEO of Singapore Airlines subsidiary Scoot operating in Jakarta, Surabaya, and Denpasar, revealed that he had been in communications with Indonesian authorities. Lee added that Indonesian officials had visited Scoot to discuss flights. However, Lee did not reveal whether his company is planning to serve new flight routes outside the […]

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Indonesia to Supply 10% Global Nickel Need by 2020

TEMPO.CO, Jakarta – Indonesia is targeting to produce four million tons of nickel by 2020. This volume will allow Indonesia to become a world supplier to contribute 10 percent to the 40 million tons global demand per year. The Industry Ministry’s director general of metal, machinery, transportation and electronics industry I Gusti Putu Suryawirawan said in […]

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