Business News
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…
Indonesia Secretary of Commerce Encourages the Completion of Trade Agreements
The Secretary of Commerce (Ministry of Trade Indonesia) Enggartiasto Lukita continues to push the settlement of trade agreements. At least, there will be three trade agreements that will be completed. One of them, Indonesia will complete the Indonesian Australia comprehensive economic cooperation agreement (IA-CEPA). Previously substantially the IA-CEPA negotiations were…
