Indonesian state in safety: President

Jakarta (ANTARA News) – After briefing the Air Force’s Special Force Command (Korpaskhas) at Sulaiman Airport in Bandung, West Java, on Tuesday, President Joko Widodo (Jokowi) asserted that the State of Indonesia remained safe. President Jokowi made the statement in…

Plug and Play to Inject Funds into Indonesian Startups

TEMPO.CO, Jakarta – Jakarta-based Gan Kapital chief financial officer Wesley Harjono said that his company will join hands with Plug and Play Tech Center to fund Indonesian startups. As many as 50 startups will receive cash injection every year. “In one year,…

Export reaches US $12.68 billion as of October

REPUBLIKA.CO.ID, JAKARTA — Indonesia’s export value reached US $12.68 billion as of October, indicating a 0.88 percent increase compared to September. “Compared to October 2015, there is a 4.60 percent increase,” Suhariyanto, Head of the Central Bureau of Statistics, said…

Indonesia Records USD1.21 Billion Trade Surplus in October

Metrotvnews.com, Jakarta: Indonesia posted USD1.21 billion of trade surplus in October this year. Indonesian exports reached USD12.68 billion last month. The exports increased by 4.6 percent compared to the same period last year. “Indonesian exports reached USD117.09 billion in January-October…

Kalla Group to build Rp 10t LNG terminal in Banten

Viriya P. Singgih The Jakarta Post – Jakarta. The Kalla Group, owned by the family of Vice President Jusuf Kalla, will collaborate with Japanese partners to build a Rp 10 trillion (US$750 million) liquefied natural gas (LNG) receiving terminal in Banjarnegara,…

Tax amnesty still attractive, says tax official

The Jakarta Post – Jakarta. The tax office has claimed that people’s enthusiasm for the government’s flagship tax amnesty has not waned as can be seen from the number of taxpayers who joined the second round of the program. Tax…

Education Is the Best Investment: Finance Minister

The Jakarta Globe – Jakarta. Finance Minister Sri Mulyani Indrawati delivered a public lecture to recipients of the Indonesian Endowment Fund for Education, or LPDP, scholarship at the Indonesian Embassy in the Hague, Netherlands, on Sunday (13/11), addressing the importance of…

Bank Indonesia launches financial technology office

Jakarta (ANTARA News) – Bank Indonesias governor Agus Martowardojo has launched the Financial Technology (Fintech) Office that will serve as a think-tank in developing the financial services industry. “Technology innovation in financial sector is now a must. Therefore, innovation must…

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