Business News

Jokowi Considers Establishing Ministries for Investment, Exports

President Joko “Jokowi” Widodo said he was considering forming new ministries to tackle a decline in investment and weak export growth. Jokowi, who is seeking reelection in the April 17 presidential election, said he had shared the idea with ministers recently. “I expressed it last week during a Cabinet meeting…

Developers Focus on Apartments with Prices Below Rp 1b

Property developers are focusing on building apartments costing less than Rp 1 billion (US$70,042) in order to expand their markets, business players. “Middle-income people are now the largest market segment in the property business,” said PT Summarecon Agung corporate secretary Jemmy Kusnadi in Jakarta on Monday as quoted by…

RI Pushing LNG Exports Amid Excess Supply

The government is looking to increase liquefied natural gas (LNG) exports to counterbalance the high imports of oil and liquefied petroleum gas (LPG), which have been blamed for causing the continuing trade deficit. The government recently gave the green light for United Kingdom-based oil giant BP to export 84 cargoes…

National Trade Seminar

28th February 2019 | The representative of IBAI Ms. Mulyaningsih Prawirowiryono was attending the National Trade Seminar held by the Indonesian Chamber of Commerce and Industry at JS Luwansa Hotel Ballroom, Kuningan Jakarta. This seminar discussed regarding the export acceleration of industrial products through optimization of innovation and efficiency of…
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