Indonesia has exceeded its target for realized investment in four consecutive years as the mining sector in conjunction with the development of downstream industries attracted vastly greater funding last year.
Business
The lead researchers for the Partnership for Australia-Indonesia Research (PAIR) seaweed project have presented their findings to senior officials in three Indonesian government departments.
The Indonesian and Australian governments have extended their cooperation in economic management by signing the Australia-Indonesia Partnership for Economic Development (Prospera) Exchange of Letters, which will be effective until 2026.
Indonesia’s PT GoTo Gojek Tokopedia (GOTO.JK) has sold its stake in local retailer Alfamart worth 1.5 trillion rupiah, after the tech firm announced its strategy to focus on accelerating profitability.
Fintech start-up Ajaib has decided to layoff 67 employees, joining the ongoing axing spree afflicting Indonesia’s tech industry.
As former Twitter employees speak up about the possibility of the social platform’s collapse, its users talk about the prospect of moving out.
President Widodo on whether the country can become a greener, richer, industrial powerhouse.
The shipping division of Indonesia’s state-owned energy company Pertamina is planning an accelerated investment program designed to modernize its fleet and expand its capabilities.
Country’s biggest tech company joins wave of retrenchments in industry.
Environmental activist Gendo Suardana said the restrictions on local people’s freedoms during the event were not justified.
Food security, inflation and global energy prices are top of the agenda at this week’s gathering of global leaders in Bali.
Indonesia is using the Group of 20 summit next week to power through deals ranging from infrastructure to carbon trading that spotlights its ambitions as a Southeast Asian economic powerhouse.
Chatib Basri, former Indonesian finance minister and chairman at Bank Mandiri, discusses the impact of the Federal Reserve’s 75 basis point hike on Bank Indonesia, the rupiah and his outlook for the economy.
Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support the success of its Wealth Management Division.
The Australian Indonesian Business Council conference kicked off earlier this week in Darwin, further boosting business, trade and economic relationships between the Northern Territory and Indonesia.
Indonesia would need 17 million technologically literate workers, or workers who are able to use and manage technology, State-Owned Enterprises (SOEs) Minister Erick Thohir said.
