Vietnamplus

Indonesia has targeted 50,000 foreign visits to Komodo Island and a revenue of at least 600 billion rupiah (42.5 million USD) a year.

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.

The Indonesian government has set an economic growth target of 5.6 percent in 2020, up from the 5.3 percent targeted this year, said Coordinating Minister for the Economy Airlangga Hartarto.

Indonesian Minister of Energy and Natural Resources Arifin Tasrif confirmed on November 19 that the electricity tariff will increase from January 2020, especially for non-subsidized electricity customers.

The Indonesian government is set to receive some 315 trillion IDR (22.5 billion USD) from a number of corporates in the forest fire public lawsuit, according to the Environment and Forestry Ministry (KLHK).

Indonesia, having the sixth-largest bauxite reserves in the world, sees the potential of bauxite downstream could reach 13 billion USD next year from the current 9 billion USD.

Indonesia is looking to develop an amphibious aircraft in the next five years to solve the perennial problem of inter-island transportation in the archipelago, the country’s Research and Technology Minister Bambang Brodjonegoro has said.

The Indonesian government has imposed temporary additional duties on imports of textiles and textile products up to 67.7 percent, the country’s finance ministry has said.

Indonesia will stop exports of nickel ore immediately in the context that the world’s biggest nickel ore producer is seeking to promote domestic metallurgy industry, towards increasing the national budget revenue.

Most of the modern retailers from Indonesia, who are engaged in minimarkets and convenience stores, have expressed their interest in expanding business in Vietnam, according to Chairman of the Indonesian Retailers Association (Aprindo) Roy Nicholas Mandey.

The Indonesian government has employed US consultants McKinsey & Company to help evaluate its plan to build a new capital city in East Kalimantan, a high-ranking official stated on October 21.

Vietnamese Vice President Dang Thi Ngoc Thinh attended the inauguration of Indonesian President Joko Widodo and Vice President Ma’ruf Amin for the 2019 – 2024 tenure in Jakarta, Indonesia, on October 20.

The Indonesian government has launched the Indonesian Agency for International Development (AID), a fund to help reduce poverty and social inequality around the world.

The Indonesian government is mulling a plan to impose temporary additional duties on imports of textiles and textile products (TPT) as a safeguard measure to protect the domestic upstream industry from a recent surge in imports.

The Indonesian government is ready to offer projects in the maritime sector worth 91.1 billion USD next year in order to support President Joko Widodo’s administration’s plan to make Indonesia a global maritime axis.

The Indonesian Government plans to open a Komodo dragon museum as a tourist attraction and dragon research center on Komodo Island, West Manggarai, East Nusa Tenggara province.

The Indonesian Government aims to build 31 nickel smelters by 2022, with 20 projected to open next year to help the production of electric car components.

The Indonesian government on October 11 officially inaugurated Sorong Special Economic Zone (SEZ) on an area of 523.7 hectares in Sorong district, West Papua province.

The Indonesian Government is focusing efforts on developing its blue economy in accordance with the UN Sustainable Development Goals (SDGs), supported by technology, tourism and energy innovations.

The Indonesian Industry Ministry is drawing up strategic steps to speed up transformation toward the Fourth Industrial Revolution in the manufacturing sector, Antara News reported.