ON BUSINESS

#MULTIMEDIA

Govt Will Develop Infrastructure Until Next Election: Jokowi

President Joko Widodo says infrastructure and facility development, including roads, ports and airports, will continue until the end of his term.

24 November 2016 | 04:14 PM

#MULTIMEDIA

BI Projections in Line With 2017 Budget's Micro Assumptions: Sri Mulyani

Bank Indonesia has predicted that Indonesia's economic growth will hover 5% to 5.4% while the government projected a 5.1% growth.

24 November 2016 | 04:10 PM

#ECONOMY

Bolt! Named Top Wireless Internet Provider Two Years in a Row

Mobile broadband provider Bolt! was named the Top Wireless Internet Provider in the country for the second year in a row at the Top IT & Telco 2016 award.

24 November 2016 | 03:08 PM

#ECONOMY

Universities Should Lead the Way in 'Mental Revolution': Puan Maharani

Universities must take the lead in Jokowi's so-called "Mental Revolution" program as an "incubator" for the country's future leaders, Puan Maharani said.

24 November 2016 | 12:40 PM

#ECONOMY

Indonesia to Remove Land Tax for Geothermal Exploration in 2017: Fin Ministry

Indonesia will remove a land tax for companies exploring for geothermal energy resources next year, according to a finance ministry regulation signed last week.

24 November 2016 | 11:04 AM

#ECONOMY

Indonesia Turns to Facebook Back Taxes After Google Nears Settlement

Indonesia will soon pursue technology company Facebook for back taxes following a settlement with tech giant Google in the next few weeks, a senior official told reporters on Wednesday (23/11).

24 November 2016 | 10:54 AM

#ECONOMY

Palm Oil Industry Not Tapping Russia, East Europe Hard Enough

Indonesia, the world’s largest exporter of crude palm oil, sees potential for bigger exports to Russian and eastern European markets to counter slowing demand from traditional markets like India and China.

24 November 2016 | 09:48 AM

#ECONOMY

Freeport Indonesia to Pursue IPO: President Director

Freeport Indonesia, the country largest gold miners, is likely to pursue an initial public offering in a move to comply with divestment rules after receiving support from the government on the plan, the president director said on Wednesday (23/11).

24 November 2016 | 09:45 AM