2:59 pm April 27, 2015 | No Comment
Five investors are interested in acquiring an 80 percent stake in the Jakarta Outer Ring Road (JORR) II project from Thiess Contractors Indonesia after the company was unable to work on the concession due to financial difficulty.
9:39 pm April 26, 2015 | 5 Comments
President Joko Widodo should free himself from the suffocating political “straitjacket” and focus on the economy for the rest of his term, as investors begin wondering if on-going sagas may start affecting his ability to govern the nation effectively, an analyst has said.
6:39 pm April 24, 2015 | 4 Comments
The head of an Indonesian Muslim organization has filed cases to overturn three laws, escalating what he calls ‘a constitutional jihad’ that has already dealt a blow to investors in the oil, gas and water sectors and now threatens to hit more.
6:17 pm April 24, 2015 | No Comment
China’s top legislative body has voted through amendments to its food safety law that will see tougher punishments for violations and tighter regulation of infant milk formula and online shopping, the official Xinhua news agency said on Friday.
3:29 pm April 24, 2015 | No Comment
Indonesia's directorate general of tax is set to launch its second tax amnesty program on April 29, as a way to help reach the government's tax revenue target of Rp 1,249.3 trillion ($92 billion) for 2015.
3:05 pm April 24, 2015 | No Comment
A presidential decree that eases tax allowance requirements will become effective on May 6, as part of the Indonesian government’s efforts to attract more local and foreign investment in order to boost economic growth.
10:59 am April 24, 2015 | No Comment
Singapore was ranked the world's most expensive city for the second consecutive year by the Economist Intelligence Unit recently. But life might just be getting a little easier.
5:06 pm April 23, 2015 | No Comment
Indonesia will hold a global renewable energy summit next week, marking the launch of the country’s initiative to attract $56 billion in investment in environmentally friendly power generation over the next five years.
9:16 am April 23, 2015 | No Comment
Economic output by the world’s oceans is worth $2.5 trillion a year, rivalling nations such as Britain or Brazil, but marine wealth is sinking fast because of over-fishing, pollution and climate change, a study said on Thursday.
9:10 am April 23, 2015 | No Comment
Dollar sukuk issued by Indonesia are outperforming those of Malaysia, boding well for the government’s plan to tap the global market for a fifth year.