World Economic Forum has recorded that Indonesias competitiveness in transport infrastructure jumps 10 places from rank 62 in 2015 to 52 (4.5 points) in 2017. Minister of Transportation Budi Karya Sumadi said that the increase is the result of great determination of Ministry of Transportation to develop various transportation facilities and infrastructures such as bus […]
In a bid to find new sources of funding to finance infrastructure development and to accelerate national growth, the Indonesian Government through its state-owned toll road operator PT. Jasa Marga, on Wednesday (13/12) listed its first global Rupiah bonds on the London Stock Exchange (LSE) called Komodo Bonds PT. Jasa Marga hopes to collect Rp4 […]
President Joko Jokowi Widodo along with the entourage arrived in Jakarta after attending the Organization of Islamic Cooperation (OIC) Extraordinary Summit in Istanbul, Turkey, to discuss Palestinian issues. Arriving at around 12:30 pm Western Indonesian Time in the Halim Perdanakusuma Airport, Jakarta, Thursday (14/12), President Jokowi accompanied by Vice President Jusuf Kalla and the Coordinating […]
President Joko Jokowi Widodo on Wednesday (13/12) attended the Organization of Islamic Cooperation (OIC) Extraordinary Summit which is held at the Rumeli Hall, Lütfi K?rdar International Convention and Exhibition Center (ICEC), in Istanbul, Turkey. The President arrived at the venue at 10.52 am local time or 02.52 pm Western Indonesian Time. Before entering a meeting […]
Office of Special Envoy of Indonesian President on the Establishment of Maritime Border between Indonesia-Malaysia (UKP PBM), collaborating with the Ministry of Foreign Affairs holds Internatioal Symposium to Commemorate 60th Year of Djuanda Declaration, at Pancasila Building, Jakarta, Wednesday (13/12) morning. In his keynote speech, Deputy Minister of Foreign Affairs A. M. Fachir says that […]
The Indonesian National Police (Polri) awarded the Bintang Bhayangkara Utama to Cabinet Secretary Pramono Anung and 6 (six) ministers of the Working Cabinet, such as Minister of Finance Sri Mulyani Indrawati, Minister of State Secretary Pratikno, Minister of Transportation Budi K. Sumadi, Minister of Public Works and Public Housing Basuki Hadimuljono, Minister of Health Nila […]
President Joko Jokowi Widodo firmly rejected U.S. President Trump’s recognition of Jerusalem as Israels capital during a speech at the Organization of Islamic Cooperation (OIC) Extraordinary Summit in Istanbul, Turkey (13/12). “This is unacceptable. Once again, President Trump’s move is unacceptable and must be strongly criticized,” President Jokowi firmly said. To that end, the President […]
President Joko Jokowi Widodo criticized business world for staying at wait and see stance to invest because Indonesia to enter the upcoming political year of 2018. Until when you will stay at wait and see stance? In 2014, you took wait and see stance because of the Presidential Election. In 2015, once again at wait […]
President Joko Jokowi Widodo states that there are a lot of progress that have been made over the last three years. Therefore, the President added, international rating agencies, such as Moodys, Fitch Ratings, as well as Standard and Poors grant investment grade status to Indonesia. He also adds that the rank of Indonesias global competitiveness […]
President Joko Jokowi Widodo revealed the reasons why the Government focuses on accelerated infrastructure development. “Yes, this aims to create higher economic growth, both in the medium and long terms,” President Jokowi said when delivering his keynote speech at the Second Meeting of 100 Indonesian Economist held at the Puri Agung Convention Hall, Grand Sahid […]
