THE WHOOSH high-speed train that links Jakarta with Bandung, West Java, has the potential to help Indonesia save IDR3.2 trillion (US$198 million) in fuel costs every year, State-owned Enterprises Minister Erick Thohir...
Business
RAKHMADI AFIF KUSUMO AND HIS DREAMS FOR GELORA BUNG KARNO AREA
GELORA Bung Karno (GBK), the oldest and largest sports ground in Indonesia, is often used for major events, from sports matches to music concerts. One of the inspirational figures behind the dashing Gelora Bung Karno is...
INDONESIA BOLSTERS TOURISM US$3 BILLION DEAL WITH UAE’s EAGLE HILLS
INDONESIA’S Ministry of State-Owned Enterprises (SOEs) signed a memorandum of understanding (MoU) with real estate developer Eagle Hills in Dubai, United Arab Emirates (UAE), on Tuesday (07/16) 2024. The MoU aims to...
BI EXPECTS ECONOMY TO GROW 5.5% IN 2024, THANKS TO DOMESTIC ECONOMY
BANK INDONESIA (BI) estimates that Indonesia’s economic growth in 2024 will be in the range of 4.7 percent to 5.5 percent thanks to the performance of the domestic economy. “Economic growth in 2024 is...
PRESIDENT JOKOWI SIGNS DECREE ON IKN DEVELOPMENT INCENTIVES
PRESIDENT Joko Widodo has signed a regulation on incentives for potential investors participating in building services and facilities at the new national capital (IKN) Nusantara. The regulation has been included in...