Indonesia Economic Forum 2019 Building a $7 Trillion Economy Kishore Mahbubani, Distinguished Fellow
Kishore Mahbubani, Distinguished Fellow, National University of Singapore, Asia Research Institute discussed his inputs on The Coming Economic War in Asia, at the JW Marriott Hotel, November 20 2019.
SoftBank Offers to Invest Up to $40bn in Indonesia’s New Capital
Source: BangkokPost, January 19 2019 JAKARTA: Japan’s SoftBank Group has offered to invest between US$30 billion and $40 billion in the development of the new Indonesian capital on Borneo Island, a close aide of President Joko “Jokowi” Widodo said Friday. In a meeting last week with Jokowi, SoftBank chief executive officer Masayoshi Son expressed interest […]
Badung Targets 6.2 million Foreign Tourists in 2020
Source: ANTARA News, January 17 2019 So in 2020, based on the Regional Medium-Term Development Plan (RPJMD) we set a target of 6.2 million people I Made Badra, the Head of the Badung Tourism Office Badung, Bali (ANTARA) – Badung District in Bali Province, has set a target of attracting some 6.2 million foreign tourists […]
A Paradigm Shift in Education Underway
As Indonesia enters a new decade, the nation of 260 million people faces a make or break opportunity. Endowed with a young productive population, strong macroeconomic fundamentals, rich natural resources and political stability, the country is poised to make the jump to becoming a higher middle economy. If it is to achieve its long held […]
PLN to Increase Renewable Energy-Based Power Plant Capacity in 2020
Source: Antara News, January 17 2019 Edited by: INE Jakarta (ANTARA) – State-owned electricity company PT Perusahaan Listrik Negara (PLN) has outlined a target to step up the capacity of renewable energy-based power plant by 1.5 gigawatts (GW) in 2020. “Renewable energy (power plant) capacity in 2020 will be increased by 1.5 GW to ensure […]
Indonesia to Tackle Investment Red Tape with Job Creation Bill
By: Maikel Jefriando JAKARTA (Reuters) – Indonesia’s government plans to submit a bill to parliament on Monday designed to replace dozens of overlapping laws viewed as a barrier to investment, a senior official said on Friday. With growth in Southeast Asia’s biggest economy having been stuck at around 5% for several years, President Joko Widodo […]
Microsoft to Invest USD1 Billion in Indonesia, Luhut Says
Source: Tempo, January 18 2019 Editor: Mahinda Arkyasa TEMPO.CO, Jakarta – Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan said that Microsoft Corporation is interested in investing USD 1 billion in Indonesia, or around IDR 14 trillion. “The USD 1 billion investment will be used for the database,” Luhut said in his office after a dialogue with […]
Jakarta Metropolitan Retail Supply
Increased citizen mobility in line with the construction of public transport infrastructure is believed to drive the growth and supply of retail space this year.
