Business News
Ministry to Start Bidding Process for Nine Toll Roads Worth Rp 142.5 Trillion by Year-end
The Public Works and Housing Ministry is aiming to start the bidding process of nine toll road sections, with a combined length of 350 kilometers and combined investment of around Rp 142.5 trillion (US$10 billion), by year-end, a minister has said. Minister Basuki Hadimuljono on Sunday said the government aimed…
Operating in December, Patimban Port Becomes a Mainstay to Spur the Economy
Minister of Transportation Budi Karya Sumadi targets Patimban Port, Subang, West Java to operate in December. He also hopes that this port can trigger economic effects such as Indonesia's automotive exports. Currently, the terminal with a wharf covering an area of 25 hectares and can accommodate 218 thousand Completely Built…
To Accommodate Community Suggestions, The Government Releases the Official Portal for the RPP of the Job Creation Act
The government has released the official portal for the Omnibus Law Law No. 11/2020 on Job Creation. Through this portal, the public can view all products of the Job Creation Law. In fact, the public can participate in the preparation of the Draft Government Regulation (RPP) and the Draft Presidential…
Jokowi Calls on Fintechs to Adopt Good Governance for Enhanced Cybersecurity, Services
President Joko “Jokowi” Widodo has called on financial technology (fintech) companies to practice good governance and accountability to mitigate the risks that come with rapid technological developments in the financial sector. In his prerecorded remarks to open the Indonesia Fintech Summit 2020 on Wednesday, Jokowi said that fintech services providers…
