President Jokowi and ministers discuss Golden Visa policy
JAKARTA, 29 May 2023 – President Joko Widodo (Jokowi) and his cabinet ministers on Monday discussed the Golden Visa policy, which outlines stay permits and citizenship by investment programs. Tourism and Creative Economy Minister Sandiaga Uno said that the policy aims to attract more talent…
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…
Why Indonesia Is Missing Out as Companies Move Out of China
Source: Bloomberg, November 11 2019 By: Karlis Salna Follow Bloomberg on LINE messenger for all the business news and analysis you need. Indonesia is Southeast Asia’s biggest economy, with one of the biggest labor pools in the world. But it punches beneath its weight when it…
Indonesia Economic Forum 2019 Towards a $7 Trillion Economy: Opportunities & Challenges
The Indonesia Economic Forum presents 10 key issues with more than 25 speakers with perspectives on how Indonesia can leapfrog for growth. Topics range from human capital, foreign investment, adoption of technology in all sectors, to innovations.
Malaysia’s BGMC Corp to Invest $1b in Port, Industrial Development in Riau
Source: ANTARA, October 27 2019 Jakarta. The BGMC Corporation, a Malaysian construction services company, will invest $1 billion in a port and industrial complex in Siak district, Riau, the neighboring country’s ambassador said at the weekend. The Indonesian government is developing the Tanjung Buton industrial area…
Indonesia Will Open Up to More Foreign Investment, Jokowi Says
Source: Bloomberg, October 3 2019 By Karlis Salna and Rieka Rahadiana (Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. Indonesian President Joko Widodo said he’ll introduce sweeping changes to labor rules…