TEMPO.CO, Jakarta – The Pacific Alliance, a regional integration of four countries, Chile, Colombia, Mexico and Peru, will hold the first trade and investment seminar in Indonesia in cooperation with the Indonesian Chamber of Commerce (Kadin) on November 21 in Jakarta. The Ambassador of Colombia to Indonesia, Jose Renato Salazar, said the union represents 41 percent of […]
Read MoreTEMPO.CO, Jakarta – Indonesia’s coffee exports to South Korea in the first eight months of 2017 have recorded an increase of 53.01 percent to reach US$9.42 million as compared to the same period last year, according to the Trade Ministry. The rise in coffee consumption in South Korea is the reason behind the high demand for Indonesian coffee in […]
Read MoreTEMPO.CO, Jakarta – The Energy and Mineral Resources Ministry has amended 13 coal business contracts (PKP2B), and plan to amend 18 more before the end of 2017. Energy Minister Iganasius Jonan said that the amendment adheres to the Mineral and Coal Law. Jonan signed the 13 amendment scripts yesterday. The minister said the amendments will result in […]
Read MoreTEMPO.CO, Jakarta – The International Monetary Fund (IMF) projects Indonesia`s economy in 2018 will reach 5.3 percent, or one percent lower than what the government targeted. Nevertheless, the IMF believes Indonesia’s economic growth is still quite good and can reach 6.5 percent in the next few years. “When compared to other countries, the Indonesian economy is doing well. […]
Read MoreNational Development Planning Minister Bambang Brodjonegoro has expressed his pessimism that the government will achieve its target of 5.2 percent economic growth. The estimation was made based on the 5.03 percent growth in the third quarter. “The government is struggling to achieve 5.2 percent economic growth,” said Bambang as quoted by tempo.co. However, he added, to […]
Read MoreTEMPO.CO, Jakarta – The National Development Planning Minister and Bappenas chief Bambang Brodjonegoro estimates that this year’s economic growth target is difficult to achieve. In the amended state budget of 2017, the economy is targeted to grow 5.2 percent. “The government will struggle to reach 5.2 percent,” he said in Jakarta, Monday, November 13. The difficulty, according […]
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