Indonesian Political, Business & Finance News

Archive: 31 July 2015

2 articles found

Role for business on Indonesian ties

Australia's top diplomat has called on business and the public to help inject more warmth and resilience into relations with Indonesia. Diplomatic ties have hit a low point in recent years as a result of the executions of two Australian drug smugglers, asylum seeker boat turn backs, a spy scandal and disruption to the live cattle trade, with both countries at different times withdrawing their ambassadors.

Singapore Investors Eye New Business in Batam

Singapore, GIVnews.com – Following President Joko ‘Jokowi’ Widodo’s two-day state visit to Singapore early this week, some investors from the island state have expressed interest to develop real estates, the maritime sector and logistics zones in Batam, an hour ferry ride from Singapore. The Singaporeans’ investments reach a combined US$1.3 billion, Investment Coordinating Agency (BKPM) Head Franky Sibarani told reporters in Jakarta on Thursday (30/7), according to Detik.com .