Indonesian Political, Business & Finance News

Archive: 28 July 2015

6 articles found

Best time to invest in Indonesia is now, says President Joko Widodo

SINGAPORE - Indonesia is at the end of a commodities boom and in the midst of a "cyclical downturn", but investors who brave uncertainty and venture early into the country will "reap great profit", Indonesian President Joko Widodo said on Tuesday.

Insight: Making Freeport Indonesia more Indonesian

If we look deeper into the context of PT Freeport Indonesia’s contract amendment, it is related to the issuance of the 2009 Mining Law. The law obliges mining companies to process their mining products in this country before exporting them, but Freeport had been in operation and was bound by a...

Investment up despite slowdown

Realized investments showed a significant increase in the first half of this year as foreign direct investment (FDI) continued flowing into the country’s despite the global economic slowdown, according to the government’s latest investment figures.

Widodo wants China to build Indonesia into Asia production base

Indonesian president Joko Widodo expressed on Monday his hope that China will build Indonesia into an Asian production base with ever increasing economic cooperation between the two countries. Widodo made his statement during a meeting with the visiting chairman of the National Committee of the...

Industrial estate development may take longer than planned

Indonesia’s ambition to massively develop industrial estates across the country may take longer than expected as it is hampered by inadequate infrastructure and vast geographical distances, an industrial official says.

Singapore, Indonesia reaffirm commitment to strengthen ties

SINGAPORE: Singapore's Prime Minister Lee Hsien Loong and Indonesia's President Joko Widodo on Tuesday (Jul 28) reaffirmed their commitment to strengthen ties between both countries. Mr Widodo is on his first official visit to Singapore, since taking office in October last year.