The Government has announced it will build 1.25 million houses this year. During a meeting with the Indonesian Real Estate (REI), the Association of Indonesian Housing and Settlements Developer (APERSI), and the Association of Public Housing Developer (Himperra) in Jakarta, Monday (16/9), President Joko “Jokowi” Widodo said that the Government for the past 4 years […]

President Joko “Jokowi” Widodo stated that the Government has taken various measures to combat forest and land fires in Riau Province, that includes creating artificial rain and deploying more 5,600 personnel in the region. “We also performed Istisqa prayer (a prayer performed during drought to ask God for rain),” President Jokowi said to reporters before […]

Following forest fires that hit Riau province, Chief of Indonesian National Police General Tito Karnavian has issued a statement, saying the police will step up efforts to take actions against perpetrators (that began the fires). “The forest was intentionally burnt and the police have nabbed several people as suspects,” Tito said in a press statement […]

Smokes and haze coming from forest and land fires that hit tens of thousands of hectares of area in Riau Province should not disturb flight activities which can lead to economic growth disturbance, President Joko “Jokowi” Widodo has reminded. “This is what we must avoid,” President Jokowi said during a Limited Meeting on Forest and […]

Indonesia’s trade balance in August 2019 recorded a surplus of USD85.1 million as the country’s export and import values stood at USD14.28 billion and USD14.20 billion respectively last month, the Central Statistics Agency (BPS) has reported. The country’s trade balance in July 2019 recorded a deficit of USD60 million.

The Government has given green light for three housing development associations – the Indonesian Real Estate (REI), the Indonesian Housing and Settlement Development Association (APERSI), and the Housing and Settlement Housing Association (Himperra) – to have their funds within the Housing Financing Liquidity Facility (FLPP) scheme raised. “To meet the target (of building new houses) […]

President Joko “Jokowi” Widodo has said that the Corruption Eradication Commission (KPK) is a state institution and reminded the KPK leaders to be wise in conducting state duties. “The KPK is a state institution. So please be wise in conducting state duties,” the President told the reporters after the opening of the 16th National Conference […]

The Government is studying several inputs from the Indonesian Textile Association (API) and the Indonesian Association of Synthetic Fiber and Filament Producers (APSyFI) to respond to the condition of domestic market that is flooded with imported textile products, including fabric, yarn, and printing fabric. Minister of Industry Airlangga Hartarto asserted that tariff harmonization, exemption of […]

The Government will strive to remove investment barriers so Indonesia is able to overpower other countries and to become an investment magnet during “consumer revolution” next year, according to President Joko “Jokowi” Widodo. President Jokowi asserted that to manifest that idea, young entrepreneurs must change their mindset. They must not depend on projects funded by […]

Given the number of Indonesian to enter the middle class and affluent consumer (MAC) demographic is projected to double from 70 million in 2013 to 141 million next year, President Joko “Jokowi” Widodo urged entrepreneurs joining the Indonesian Young Entrepreneurs Association (HIPMI) to anticipate it. “This high figure shows “consumer revolution” in Indonesia,” President Jokowi […]