TEMPO.CO, Jakarta – The increase in government`s debt is manageable, an economic analyst at the University of Indonesia (UI) Lana Soelistianingsih said. Lana said that the focus should not be put on the amount, but on the debt-to-GDP ratio, which remains at 30 percent. “We should look at its debt to service ratio, which is […]
Read MoreWASHINGTON: Indonesia will not need to repeat last year’s major spending cut as the government’s revenue projections look “on track” amid strengthening growth, Finance Minister Sri Mulyani Indrawati said. Sri Mulyani said in an interview yesterday that the government would reallocate some spending within the budget to more “productive” areas that can support growth, such […]
Read MoreTEMPO.CO, Jakarta – Malaysia-based construction company Eversendai expressed its interest in investing in Indonesian properties, oil and gas, petrochemical, electricity and EPC (engineering, procurement, and construction) projects. “They are also interested in establishing a medium-scale joint venture with Indonesian companies,” Villages, Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo said in press release after a meeting […]
Read MoreTEMPO.CO, Jakarta – The Trade Minister last week approved the extension of T.00 copperconcentrates export permit filed by Freeport Indonesia. The permit will be effective until February 16, 2018. “Export approval letter has been issued,” the ministry’s director general of foreign trade Oke Nurwan told Tempo on the weekend. Oke said that Freeport filed for […]
Read MoreTEMPO.CO, Jakarta – State-owned Enterprises (SOE) Minister Rini Soemarno set a target of the total assets of SOEs in 2017 to reach Rp 7,200 trillion, higher than those of 2016 as much as Rp 6,300 trillion. “In 2017, the value of assets has to reach Rp 7,200 trillion and the profit increases from Rp 163 trillion in 2016 to Rp 205 trillion,” Rini said wile attending the 28th anniversary of BUMN in Yogyakarta on Friday (21/4). Rini believed that the Rp […]
Read MoreTEMPO.CO, Jakarta – Indonesia and Malaysia, the world largest Crude palm oil (CPO) producers hope they will eventually be able to set the worlds reference price for the commodity in future. “Indonesia and Malaysia are expected to increase collaboration to set the global price and marketing. The most important thing is the price of CPO,” Malaysias […]
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