ADB helps Indonesia develop geothermal power World

ADB helps Indonesia develop geothermal power

The Asian Development Bank (ADB) has approved a loan worth 300 million USD to help PT Geo Dipa Energi (GDE), an Indonesian state-owned company, expand its geothermal power generation.
Indonesia: Banking industry posts strong Q1 World

Indonesia: Banking industry posts strong Q1

Bank Central Asia (BCA), Indonesia’s largest lender by market capitalisation, reported 6.58 trillion rupiah (444 million USD) in net income in the first quarter of this year, up 8.5 percent against the first quarter of 2019, when it reported net income of 6.06 trillion rupiah.
Auto makers in Indonesia to resume operations in June World

Auto makers in Indonesia to resume operations in June

Automotive manufacturers in Indonesia are ready to resume production in June following the government’s enforcement of the “new normal” scenario, said Chairman of the Association of Indonesian Automotive Manufacturers (Gaikindo) Yohannes Nangoi.
Indonesia to resume tourism, trade activities World

Indonesia to resume tourism, trade activities

The Indonesian government is preparing for the “new normal” scenario for some sectors such as tourism, trade and transportation in the context of the ongoing COVID-19, Coordinating Minister for Economic Affairs Airlangga Hartarto said on May 27.