JAKARTA, NETRALNEWS.COM – Indonesia Chamber of Commerce and Industry (Kadin Indonesia) said it would target potential investments in neighboring countries. Some ASEAN countries become mainstays in some sectors of labor intensive, education, and food and beverage industries. “It’s not the Laos, but the potential is to make Laos a target for it. For exports to Cambodia, […]
Read MoreLaos and Indonesia have committed to work together with five agreements signed on the occasion of Prime Minister Thongloun Sisoulith’s visit to Indonesia yesterday. Documents were signed following a bilateral meeting between Lao delegation led by PM Thongloun Sisoulith and the Indonesian side led by President Joko Widodo. Memoranda of Understanding (MoU) were signed on […]
Read MoreTEMPO.CO, Jakarta – Finance Ministry’s Director General of Customs and Excise Heru Pambudi stated that the ministry is in the process of discussing the customs and excise for plastic bags with House of Representatives Commission IX by years end. “It will affect plastic bags,” said Heru at an event in Jakarta International Expo on Wednesday, October 11. […]
Read MoreTEMPO.CO, Jakarta – Senior Economist Faisal Basri predicts that Indonesia will be struck by a minor financial crisis in December if the Government does not slash its spending on infrastructure. “Pak Jokowi talks about not reducing its spending on infrastructure. [It would lead to a minor financial crisis],“ said Faisal on Wednesday, October 11. Faisal claims a minor […]
Read MoreMANILA, Philippines — Indonesian firm JSK Gas Corp. is looking to invest in the liquefied natural gas (LNG) sector in the Philippines that would replace diesel-fired power plants in off-grid areas. The company has formed JSKLNG Holding Phils. Inc. to pursue its LNG investments in the country. In an interview, JSKLNG director Richard Moon said […]
Read MoreTEMPO.CO, Jakarta – State-owned Enterprise Minister Rini Soemarno said the divestment process of Freeport Indonesia’s 51 percent shares will be completed next year. “We emphasize that the divestment process should be completed in the first quarter of 2019, as well as calculation scheme of the [shares] value,” she said on Wednesday. According to Rini, the government is still […]
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