Monday, 8th February 2016
Business
  • Fall in oil prices will lend momentum to industrial development: KEIN
    21st January 2016
    The National Industry and Economic Committee (KEIN) believes that the decline in the oil prices will lend a momentum for Indonesia to carry out its industrialization program. "We discussed moments ago that now is the right ...
  • New business areas open to foreign investment in tourism sector
    21st January 2016
    The Investment Coordinating Board (BKPM) plans to open new business areas in the tourism sector for foreign investment. The plan is to allow foreign investors to wholly own shares in seven business areas in the tourism ...
  • President installs "KEIN" management board
    21st January 2016
    President Joko Widodo (Jokowi) inaugurated the board of management of the Economic Committee and National Industry (KEIN), comprising the chairman, deputy chairman, secretary, and members, at the State Palace here on ...
  • President Jokowi believes national economy will grow at faster pace
    20th January 2016
    President Joko Widodo (Jokowi) believes that the national economy will grow at a faster pace if 10 aspects of Ease of Doing Business (EODB) are met. "I believe we can. This way, I believe the national economy will grow at a ...
  • KEIN asked to pay attention to creative economy
    20th January 2016
    Jakarta (ANTARA News) A legislator has called on the newly established National Industry and Economic Committee (KEIN) to pay attention to the development of creative economy. "I hope that the KEIN will also pay ...
  • Team to evaluate value of Freeport share divestment
    20th January 2016
    Indonesia, through its Ministry of Energy and Mineral Resources, will set up a team to evaluate a proposal to divest 10.46 percent share in PT Freeport Indonesia, worth US$1.7 billion, equivalent to Rp23 trillion. Director ...
  • KEIN expected to provide inputs on industrial development: President
    20th January 2016
    President Joko Widodo (Jokowi) said the establishment of the National Industry and Economic Committee (KEIN) is expected to help present a more detailed picture of industrial development planning. "Although we already have ...
  • President urges to improve ease of doing business ranking
    20th January 2016
    President Joko Widodo has called for bringing about improvement in the countrys Ease of Doing Business, taking it from the 109th position currently, to below 40, out of 189 countries. "Yesterday, I conveyed my request to ...
  • Jasa Marga's income falls short of target
    20th January 2016
    State-owned toll road operator PT Jasa Marga Tbk saw its income falling short of the target of Rp7.92 trillion last year due to economic slowdown and several other factors that affected its performance."Admittedly, it was ...
  • Share price offered by Freeport too high: Minister
    19th January 2016
    State Enterprises Minister (BUMN) Rini Soemarno said the price of shares offered by PT Freeport Indonesia is too high. PT Freeport, which has large copper and gold mines in Papua, has set the price of 10.64 percent stake ...