TEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi has invited both local and foreign investors to become the operators of 20 ports and 10 airports. According to him, the government will support investment in the maritime and logistics sectors. “Including by deregulation. Scrapping rules that do not support investment,” Budi said in his opening speech yesterday at […]
Read MoreTEMPO.CO, Jakarta – Investment Coordinating Board (BKPM) chief Thomas Lembong has called for foreign direct investment in new tourist destinations that are currently being developed by the government. He said that investment in the sector would be profitable. Thomas said that investors who have invested in Bali in the past ten years in hotels, resorts and villas […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) announced that it would distribute electronic money (e-money) cards for free on October 16-31. Pungky Wibowo, director of electronic money at the BI’s payment system policies and supervisory department, said in Jakarta on Tuesday, October 10, 2017, that the toll road users who have not acquired e-money cards yet would be given […]
Read MoreTEMPO.CO, Jakarta – Analysts project the rupiah exchange rate to strengthen again this week, supported by positive domestic news. “It is estimated that the rupiah will be in the support range of Rp13,595 and a resistance level of Rp13,448 per US dollar,” Binaartha Securitas analyst Reza Priyambada said in Jakarta, Sunday, 8 October. The rupiah appreciation is […]
Read MoreLaos and the Republic of Indonesia are discussing a direct flight between the two countries aiming to boost economic development, investment and trade as well as the inflow of visitors. The two sides have agreed to operate a direct flight but the details and possible start date have not been confirmed. A source from the […]
Read MoreJAKARTA: Almost four million new jobs, rising wages and eight interest-rate cuts in Indonesia should have been enough to spur consumers into action in the world’s fourth most populous nation. Instead, an increasing number of people are keeping a tight grip on their purse strings and putting their money in the bank, leaving policy makers […]
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