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Indonesia: Freeport Workers: Freeport Make Great Contributions

TEMPO.CO, Jakarta – Arland Suruan, a representative for the Care for Freeport Solidarity Movement said that Freeport Indonesia is the only company that provides great contributions in the development of the Papua people. “[Freeport] is the only foreign company in Indonesia that provides great contribution to the Papuan people,” Arland said on Thursday, March 9, 2017. […]

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Indonesia benefits from China’s economic growth, transition

JAKARTA (Xinhua) – Indonesia will benefit from China’s economic growth and transition amid massive global uncertainties, Indonesian experts told Xinhua. Indonesian economist Yudhoyono Firmanzah, a special adviser for economic affairs to Indonesia’s former President Susilo Bambang, said that China’s economy, which grew 6.7 per cent last year, was the biggest contributor to world growth. Yudhoyono, […]

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KBank plans upgrade to strengthen regional roles

Kasikornbank plans to upgrade its banking operations in three overseas markets — Myanmar, Vietnam and Indonesia — over the next two years in a bid to strengthen its regional position. KBank’s executive vice-president Pattarapong Kanhasuwan said the bank is considering several business models to match the demand and landscape of each market. “We hope to […]

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Indonesia: Provide Positive Information for Investors, President Jokowi Says

TEMPO.CO, Jakarta – President Joko ‘Jokowi’ Widodo  urged everyone to provide positive information, including Indonesia’s economic information, to investors. The President made the statement at the opening of the National Coordinating Meeting of the Investment Coordinating Board (BKPM) at Bali Nusa Dua Convention Center (BNDCC) Bali, Friday. “Indonesia’s economic growth in 2016 reached 5,02 percent and the […]

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Indonesia: Full Support of Health Insurance for Foreign, Domestic Investors

TEMPO.CO, Jakarta – The Investment Coordinating Board (BKPM) gives its full support for the National Health Insurance program implemented by the Workers Social Security Agency (BPJS Ketenagakerjaan) The support was marked with the signing of a Memorandum of Understanding between the two agencies in Nusa Dua Bali on Friday (24/2). Through the MoU, BKPM and BPJS Ketenagakerjaan are committed […]

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Indonesia: Six Airports Report Financial Losses

TEMPO.CO, Jakarta – At least six airports in Indonesia managed by state-owned airport operator PT Angkasa Pura I (Persero) have reported financial losses. Low purchasing power of the people and low number of flights are reportedly the cause of the losses. “There are indeed many airports which report financial loses,” said President Director of PT Angkasa […]

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