Indonesia aims to attract 6.4 billion USD in three SEZs World

Indonesia aims to attract 6.4 billion USD in three SEZs

The Indonesian Government is looking for an investment of nearly 89.6 trillion IDR (6.4 billion USD) in three newly-established special economic zones (SEZs) of Singhasari in East Java, Kendal in Central Java, and Likupang in North Sulawesi.
Indonesia to send fishermen to Natuna waters World

Indonesia to send fishermen to Natuna waters

Indonesia is to send around 120 fishermen from the island of Java to the Natuna islands in the Riau Islands Province, said Coordinating Minister for Political, Legal and Security Affairs Mohammad Mahfud on January 6.
Indonesia considers strengthening naval force’s ability World

Indonesia considers strengthening naval force’s ability

Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan has proposed the purchase of ocean going vessels to strengthen the country’s capability of safeguarding its territorial waters and exclusive economic zone (EEZ) rights from violations by foreign ships.
Indonesia plans to set up int’l fish markets World

Indonesia plans to set up int’l fish markets

The Indonesian government is considering the establishment of international fish markets in various localities nationwide to fully tap the economic potential of the country’s fisheries sector.
Indonesia lowers 2019 credit growth target World

Indonesia lowers 2019 credit growth target

The Indonesian Financial Services Authority (FSA) has revised the credit growth in 2019 down to the range 8-10 percent from the range of 12-14 percent it forecast in the middle of the year.
Indonesia vows to open 65 percent of market after RCEP World

Indonesia vows to open 65 percent of market after RCEP

Nearly 65 percent of the Indonesian market will be opened to partner countries once the Regional Comprehensive Economic Partnership (RCEP) takes effect, the Indonesia-based Antara News quoted an Indonesian official as reporting.
Toyota to produce electric vehicles in Indonesia World

Toyota to produce electric vehicles in Indonesia

PT Toyota Motor Manufacturing Indonesia (TMMIN) is ready to start battery electric vehicle (BEV) production at its factory located in Karawang, West Java, though its type had yet to be made public, Indonesia’s Antara News Agency reported.