Indonesian Political, Business & Finance News

Archive: 28 April 2015

1 article found

Investment in Indonesia Climbs to Record in Filip for Widodo

Investment in Indonesia climbed to a record in the first full quarter since Joko Widodo became president, providing a boost to the leader’s goal of revitalizing Southeast Asia’s biggest economy. Total investment rose 16.9 percent to a quarterly record of 124.6 trillion rupiah ($9.6 billion) in the first three months of 2015 from a year earlier, helped by a weaker rupiah, Franky Sibarani, the head of the Indonesia Investment Coordinating Board, said in Jakarta on Tuesday.