Business News

RI, EFTA Countries To Sign Trade Deals

Indonesia has wrapped up negotiations for a free trade and investment pact with members of the four-nation European Free Trade Association, and a final agreement is due to be signed in December, Indonesia’s trade minister said. Negotiations on the Comprehensive Indonesia-European Free Trade Association Comprehensive Economic Partnership Agreement (IE-CEPA) between…

Government steps back from new negative investment list policy

Following protests by business representatives about the new ownership and negative investment list, the government has stepped back from its policy of removing 54 business sectors from the current negative investment list (DNI). Coordinating Economic Minister Darmin Nasution said on Friday the new policy, which was part of the 16th…

Interested to Processing Oil and Gas Blocks in Indonesia? Here the Terms and Conditions

Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar explained three main criteria set by the government in determining the winning bidder for the Phase II 2018 Conventional Oil and Gas Work Area. These three criteria were fulfilling the requirements and conditions of the auction, financial health and the…

Businessman: Potential for Purchasing Ability are increasing until the End of Year

Although some developing countries are experiencing global crisis problems, it seems that so far Indonesia’s economic condition is no need to be worried. Even it’s stated that the consumers’ purchasing ability potentials so far have increased. "The consumers’ purchasing ability potentials in the future are still strong, but the tendency…
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