President Joko ‘Jokowi’ Widodo received 5 (five) delegates of Standard & Poor’s (S&P) Rating Services led by its Managing Director Guy Deslondes at the Merdeka Palace, on Tuesday (10/5) morning. Minister of Finance Bambang Brodjonegoro said that the visit of five delegates is an annual event for reviewing Indonesia’s rating investment, particularly portfolio investments.

President Joko ‘Jokowi’ Widodo has previously emphasized on the things relating ease of doing business and said he will fully evaluate the 1st to 12th Economic Policy Packages. “The evaluation which involves the Chamber of Commerce and Industry (Kadin), Indonesian Young Entrepreneurs Association (HIPMI), businesspeople and regulators aims to oversee whether there are still handicaps […]

Indonesian Minister of Foreign Affairs RetnoMarsudi said thatduring the meeting between President Joko ‘Jokowi’ Widodo and State Councilor of the People’s Republic of China Yang Jiechiat the Merdeka Palace on Monday (9/5), the two leaders discussed two major issues, namely trade and investment. “Yang Jiechialso brought a message fromthe Chinese President Xie Jinpingabout his country’s […]

President Joko ‘Jokowi’ Widodo said that the Government on 28 April 2016 has announced the 12th Economic Policy Package focusing on cutting several permits, procedures, time, and cost in order to materialize an ease of doing business, particularly for start-up entrepreneurs. Those improvements, the President said, are needed to improve Indonesia’s rank in ease of […]

President Joko ‘Jokowi’ Widodo on Saturday, 7 May 2016, closed the 2016 Apkasi International Trade and Investment Summit (AITIS) held at the JI Expo, Kemayoran, Jakarta. The annual event organized by Association of All Indonesia Regency Governments (Apkasi) was held from 5 May 2016 and aims to promote sectoral potentials of the regencies around Indonesia.

President Joko ‘Jokowi’ Widodo on Thursday (5/5) at 9 am Western Indonesian Time at the Yogyakarta Presidential Palace held a meeting with Minister of Foreign Affairs and top military officials of the Philippines and Malaysia to discuss the issues of security in maritime borders between the three countries. After the meeting, President Jokowi told the […]

The Government of Indonesia and the Government of Timor Leste have agreed to promote bilateral economic cooperation between the two countries, particularly on industry, trade, and investment sectors. The cooperation is expected to bring great benefits for the prosperity of both countries. The agreement was marked by the signing of a Memorandum of Understanding on […]

The Central Statistics Agency (BPS) informed that Indonesia’s economy based upon Gross Domestic Product (GDP) over current prices in the first quarter of 2016 reached Rp2.947,6 trillion and over constant prices of 2010 reached Rp2.262,6 trillion. “Indonesia’s economy in the first quarter of 2016 against first quarter of 2015 grew by 4.92 percent (y-on-y) increase […]

After visiting and inaugurating a number of traditional markets in West Nusa Tenggara (NTB) and Papua Provinces last week, President Joko ‘Jokowi’ Widodo during the upcoming long weekend is scheduled to visit and inaugurate a number of traditional markets in Central Java Province and Yogyakarta Province. Member of the Presidential Communication Team Ari Dwipayana in […]

When it comes to regulations on anti-corruption, Indonesia has already been ‘overloaded’ with them, according to Cabinet Secretary Pramomo Anung in his remarks at a seminar and workshop held by the Indonesia Corruption Watch (ICW) at Sari Pan Pacific Hotel, Jakarta, on Tuesday morning (3/5). Therefore, he said that the Government does not have to […]