EU-Indonesia
Jan 19, 2016
EU Food Exporter is welcomed as Indonesia still needs food import in 2016
Although it claims to have had a surplus of rice in 2015, Indonesia still imported rice throughout the year and will continue to import food items such as rice, beef and raw sugar in 2016. According to Trade Minister Thomas Lembong, the government will still face difficulties in avoiding the need to import food in 2016 because it needs to maintain supplies to prevent food price hikes throughout the country. He said he was not yet satisfied, because of the upward trend of food prices.
So, he will not be able to prevent food from being imported to strengthen stocks and meet domestic needs, while waiting for larger agricultural harvests in the coming several years. Based on monitoring in the field, the medium-quality price of rice has now reached Rp10,675 per kilogram (kg), which increased from Rp8,939 per kg in September, while the normal price is approximately Rp8,300 per kg.
Minister Thomas said Indonesia could continue importing food, as it has a high surplus in its balance of trade, reaching about seven to nine billion US dollars in 2015. "Indonesia's trade balance had a high surplus in 2015, which provides room for food imports. We should maintain an equilibrium so that the balance would not be too sharp and food prices would not rise too high," Thomas said, on the sidelines of preparations for National Christmas celebrations in Kupang, East Nusa Tenggara on Sunday (Dec. 27).
Thomas noted that with the trade surplus of seven to nine billion US dollars in 2015, there is still a chance to import food, in a bid to prevent food price increases at home. Therefore, the government has decided to import rice in 2016, while waiting for food production at home to become adequate to meet local needs. "The President and Vice President have stated several times that becoming self-sufficient in food supplies is a mid-term target. We need time to overcome the problem from its fundamental root, such as through developing dams, irrigation and logistics," noted Thomas.
He added that those food items that will still need to be imported in 2016 are rice, beef, in the form of feedlot cattle, and raw sugar. For feedlot cattle, Indonesia is expected to import some 700 to 800 heads, while it is hoped to import over three million tons of raw sugar."It is not yet a final figure. I am also convinced that there will be imports of rice again, apart from 1.5 million tons that had been agreed upon last September," the minister said.
The government is still making calculations about the volume of rice to be imported in 2016, he added. Rice imports will be made because rice planting seasons in the country were shifted after the El Nino weather phenomenon hit the country this year.
The government has since decided to import 1.5 million tons of rice. But up until now, the volume that has been imported had not yet reached one million tons. So, the remaining rice is expected to arrive during the first quarter of 2016. Thomas said that although there is still rice to be imported in the first quarter, the government will continue to need to import even more rice, apart from that agreed this year, to reinforce stocks in 2016.
Some time ago, the minister said, the government decided to import 1.5 million tons of rice from Thailand and Vietnam. The government was even seeking new supplier countries, such as Pakistan. The decision to import rice led certain parties to cast doubts on the accuracy of the country's rice production data.
Through its Director General for Food Crops Plantation, Hasil Sembiring, the Ministry of Agriculture claimed that the countrys rice production included a surplus in 2015. He said Indonesia had a rice production surplus in the October 2014 - October 2015 period because it did not import rice for public consumption during the period. "Rice production had a surplus. This is the best achievement over the past five years," Hasil Sembiring said in Jakarta last November 27.
In October 2014, state logistics board Bulogs rice stock was 1.7 million tons, which included imports of 800 thousand tons. But in October 2015, without optimal absorption during the peak of the grand harvest in the January - May 2015 period, Bulogs rice stock remained at 1.7 million tons, he said.
He added that the surplus was reached, even though there was an increase in the population by 3.7 million, who consumed 460 thousand tons of rice.
"Although Indonesia was hit by strong El Nino, rice increased to 1.26 million tons from that in 2014," he said. In 1998, with strong El Nino (1.9 percent intensity), Indonesia was forced to import 7.1 million tons of rice.
At that time, the size of Indonesia's population was only 202 million.But in 2015, the population reached 252 million, with an El Nino intensity of 2.4 percent. In such a condition, Indonesia should have imported 9.0 million tons of rice, but instead had a stock of 1.3 million tons, the director general said.
Responding to those parties who cast doubts about the ministrys data, Agriculture Minister Amran Sulaiman said his ministry, along with other agencies, will improve agricultural data to assure accurate figures are available about the nation's rice output.
"If the data is correct, but the production method is wrong, this will be useless," he noted, after inaugurating the Horticulture Carnival Festival 2015 at the Bogor Institute of Agriculture in Bogor, West Java, on November 29. The minister urged Indonesian farmers to give priority to improving rice production and provide correct data to the government. Hasil Sembiring said earlier that his office had not yet received data about national rice production.He added that it is the Central Statistics Agency (BPS) that issues data about rice production.
The ministry has, so far, only gathered data from the agriculture chain and then reported this information to the BPS, which has personnel available through the sub-district level. According to data from the BPS, Indonesia was expected to harvest 75 million tons of dry unhusked rice, equal to 43.940 million tons of rice in 2015. However, the agency later revised downward rice production data to 74.99 million tons due to the El Nino-induced drought. Despite being revised, data from the Agricultural Ministry shows that Indonesias rice consumption this year will reach 33.36 million tons. Thus, the country will see a surplus of rice production.
Yet, Indonesia will continue to import rice, causing some parties to cast doubt about the accuracy of rice production data provided by the BPS.
Source : tempo.co , http://en.tempo.co/read/news/2015/12/28/056731117/Indonesia-Still-Needs-to-Import-Food-in-2016 , 2016.
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Several German companies have expressed interest to invest in automotive component manufacturing ind
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Dec 23, 2015
aiming at boosting their economic value in addition to the government’s preservation efforts
Business
Dec 22, 2015
Hariyadi Sukamdani, Chairman of the Employers Association of Indonesia (Apindo) predicted
Business
Dec 21, 2015
Indonesia Govt to provide leniency for machinery and equipment imports for investors or companies
Indonesia
Dec 19, 2015
The Surakarta City Administration and entrepreneurs tries to attract tourist visits through Solo Gre
Indonesia
Dec 18, 2015
Chairman of Toraja DMO Luther Barrung said a Toraja International Coffee Festival will be held in 20
Business
Dec 17, 2015
Spanish Tourism Secretary of State Isabel Maria Borrego Cortes praised the diversity and beauty of t
Business
Dec 16, 2015
A combined experience of traveling and driving is the latest campaign launched by BMW Indonesia.
EU-Indonesia
Dec 16, 2015
Trade Minister Thomas Trikasih Lembong said that he will prioritize to establish economic cooperatio
Business
Dec 16, 2015
Indonesia has sufficient capacity to cushion the impact of financial turbulence resulting from the l
Business
Dec 15, 2015
Indonesia is seeing rapid growth in mobile data usage, providing cellular operators in the country w
Business
Dec 14, 2015
Indonesia’s Investment Coordinating Board will expand the range of permits covered under its fast-tr
Business
Dec 14, 2015
Indonesian government ministers and agency chief have welcomed their new roles as investment liaison
Business
Dec 11, 2015
The Indonesian government is considering allowing foreign investors to own majority stakes in armore
Business
Dec 10, 2015
A lot of infrastructure is set to be develop on Karimunjawa Island in Jepara regency, Central Java,
EU-Indonesia
Dec 09, 2015
Europe demand for coconut flour products from North Sulawesi remained high at the end of 2015 due to
Business
Dec 09, 2015
A survey by Price Waterhouse Coopers (PwC) over 800 company leaders in Asia Pacific named Indonesia
Business
Dec 09, 2015
Minister of Trade Thomas Lembong said Indonesia now focuses on forming Free Trade Agreement (FTA) wi
Business
Dec 08, 2015
Indonesia and Hungary are ready to move forward on strengthening economic cooperation through resear
Business
Dec 07, 2015
The Indonesian government will allow foreigners to purchase up to a 33 percent stake in e-commerce b
EU-Indonesia
Dec 07, 2015
Both Indonesia and the EU have restated their stances on timber legality certification, with the lat
Business
Dec 05, 2015
This enthusiasm is proven by the increasing numbers each month of foreigners from Saudi Arabia, Turk
Business
Dec 04, 2015
The Tourism Ministry expects significant additional tourist visits and spending from international s
EU-Indonesia
Dec 03, 2015
National Energy Council (DEN), in collaboration with the Energy and Mineral Resources Ministry, held
Business
Dec 03, 2015
Survey held by Price Waterhouse Coopers (PWC) to 800 CEOs from Asia Pacific region put Indonesia as
Business
Dec 02, 2015
The Investment Coordinating Agency (BKPM) has allowed foreign ownership of business operating in mon
Business
Dec 02, 2015
The government has planned to optimize maritime and fishery sectors since Indonesia has the largest
Business
Dec 01, 2015
Indonesia remains an attractive investment destination, especially with economic growth expected to
EU-Indonesia
Dec 01, 2015
The Swedish government may assign a public official from the country’s energy agency to support Jaka
Business
Nov 30, 2015
Business People have raised concerns that the Trade Ministry’s recent move to relax requirements
EU-Indonesia
Nov 28, 2015
Holland Alliance, an alliance of four Dutch companies, targets to attract 44,000 Indonesian traveler
Business
Nov 27, 2015
The government and tourism stakeholders are implementing Lake Toba revitalization program
Business
Nov 25, 2015
In a bid to increase the bilateral trade with Indonesia, Hungary opened the Hungarian Trade House la
Business
Nov 25, 2015
Indonesia's e-commerce industry is expected to not only support the economy, but also becomes the st
EU-Indonesia
Nov 25, 2015
President Joko Widodo said the visit of Italian President Sergio Mattarella had brought a business d
Business
Nov 24, 2015
Most businesses in Indonesia remain optimistic of growth prospects within the next five years
EU-Indonesia
Nov 23, 2015
The EU has expressed its concern over the Indonesian government’s decision to remove a stipulation
Business
Nov 23, 2015
Cooperatives and Small and Medium Enterprises Minister has said that the govt will pay special atten
Business
Nov 23, 2015
The Investment Coordinating Board, known as BKPM, expects foreign and local investment to reach $44
Business
Nov 20, 2015
President of Finland, is committed to promote better cooperation between Bank Indonesia (BI) and Ban
Business
Nov 20, 2015
Investors from France will build a hydro power plant with a capacity of 59 megawatts in Sikundo, Pan
EU-Indonesia
Nov 20, 2015
Nurdin Abdullah, the secretary general of the Association of Indonesian Regency Administration (APKA
Business
Nov 20, 2015
Visitors at the World Expo Milano (WEM) 2015 in Milan, Italy, can enjoy a virtual tour of Indonesia
Business
Nov 18, 2015
Multinational oil and gas company Royal Dutch Shell remains bullish in Indonesia,
Business
Nov 18, 2015
The Indonesian government will allow foreign investors to operate special economic zones inside the
Business
Nov 17, 2015
Indonesia's business tendency index (BTI) and consumer tendency index (CTI) improved in the third qu
Business
Nov 17, 2015
Indonesian entrepreneurs signed economic cooperation agreements worth $1 billion with Italian count
Business
Nov 16, 2015
The Trade Ministry is hoping that a regulation on e-commerce activities will be implemented in Janua
Business
Nov 16, 2015
The government plans to attract investment worth US$9.6 billion to border areas in the next five
Business
Nov 13, 2015
A group of leading French companies are seeking to establish partnerships with Indonesian and Singap
Business
Nov 12, 2015
M2M: telecom companies reveal 4G smart meters and Indonesia platform
Business
Nov 10, 2015
Indonesia’s Investment Coordinating Board, or BKPM, kicked off its so-called fast-track business lic
Business
Nov 10, 2015
The Tourism Ministry aims to develop 13 national parks and one natural park in a bid to increase eco
Business
Nov 09, 2015
Indonesia has improved its ease-of-doing-business ranking this year, and is expected to improve agai
Business
Nov 09, 2015
A recent report by the World Bank revealed that doing business in Indonesia has become easier
Business
Nov 09, 2015
Indonesia's local timber furniture producers have exported $2.7 billion of products following the co
Business
Nov 05, 2015
Presence of e-commerce start-up companies in Indonesia has given positive impacts to the industrial
Business
Nov 05, 2015
Tofu makers in a small village on the island of Java are putting waste water from producing the soyb
Business
Nov 04, 2015
a Denmark-based wind turbine manufacturer for a wind power project in Makassa
Business
Nov 04, 2015
The power purchase agreement for the project is being negotiated and is expected to be signed in thr
Business
Nov 03, 2015
Coordinating Minister for Maritime Affairs Rizal Ramli said that Indonesia and Denmark would strengt
Business
Nov 03, 2015
As the government prepares its fifth economy policy package, the Investment Coordinating Board (BKPM
Business
Nov 03, 2015
The Trade Ministry’s sophomore buying mission scheme has encouraged more foreign importers to ink de
Business
Nov 02, 2015
Indonesia's furniture export value has reached more than US$2 billion. The figure is above the indus
Business
Nov 02, 2015
Various parties have expressed an interest in making investments of around US$165 billion, equivalen
Business
Oct 29, 2015
. Foreign drug manufacturers expect sales to rise 10 percent next year, on the back of improved gove
Business
Oct 28, 2015
The Government will allow foreigners to own apartments in the archipelago in a bid to kick-start the
Business
Oct 28, 2015
Ikea Celebrates First Anniversary in Indonesia, Eyes Expansion
Business
Oct 27, 2015
The government expands microloans (KUR) to bolster the productive economy
Business
Oct 27, 2015
President Joko Widodo has promised to support and provide business easing to the food and beverage i
Business
Oct 27, 2015
The district administration of Sleman, Yogyakarta province, is currently preparing the industrial an
Business
Oct 26, 2015
Residential property is everyone’s favorite investment and the asset of choice for many British Expa
Business
Oct 26, 2015
The furniture industry grow 7.93 % in the second quarter of 2015, higher than the same period in the
Business
Oct 23, 2015
Borobudur moves to become a little Mecca for Buddhists
Business
Oct 22, 2015
The use of social media and other digital platforms for tourism promotional campaigns will help to i
Business
Oct 22, 2015
The labor intensive industry is continue to grow and create quite big number of jobs
Business
Oct 22, 2015
PT Siemens Indonesia wants to strengthen its presence in Indonesia by aiming to participate in a maj
Business
Oct 21, 2015
Business groups have said that the ASEAN Economic Community (AEC), will create more opportunities
Business
Oct 21, 2015
The government is establishing a network of over 60 cities with high creative-industry potential so
Business
Oct 20, 2015
Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce the signing of a sale and purchase
Business
Oct 20, 2015
The visit of Indonesian delegation led by Minister of Industry Saleh Husin to Poland produced severa
EU-Indonesia
Oct 19, 2015
The United Kingdom further displayed its commitment to increase investment in Indonesia by signing
Business
Oct 15, 2015
Indonesia is seeking to more than triple its spice exports in 2015 to take advantage of the world’s
Business
Oct 15, 2015
Indonesia is on course to meet its target of 10 million foreign tourists this year as data up to Aug
Business
Oct 15, 2015
a publicly-listed investment firm, is earmarking up to $68 million worth of funds to acquire a handf
EU-Indonesia
Oct 14, 2015
A number of Polish companies, ranging from those in the energy sector to food and beverages
Business
Oct 14, 2015
Indonesia is still below Brazil and Vietnam in coffee crop productivity with 741 kg of beans per hec
Business
Oct 13, 2015
Signature Tower Jakarta is a megatall skyscraper project in Jakarta originally proposed in 2010
Business
Oct 13, 2015
A new government regulation about import giving a big catch for the printing industry!
Business
Oct 12, 2015
IFC, Asia Green Capital : co-developing the first wind-power project in Indonesia’s South Sulawesi
Business
Oct 12, 2015
Prices of spot liquefied natural gas (LNG) to northeast Asia averaged $8.007 per million British the
Business
Oct 12, 2015
In 2014, solar photo-voltaic overtook solid bio-fuels to become the second largest source of non-hyd
Indonesia
Oct 10, 2015
Komodo National Park was designated a Biosphere Reserve under the UNESCO Man becoming a a World Heri
Indonesia
Oct 09, 2015
Sponsored by the Indonesian French Chamber of Commerce and Industry (IFCCI)
ASEAN
Oct 09, 2015
they all have one thing in common — they share enormous potential for growth.
Business
Oct 06, 2015
Foreign businesses may soon be allowed to take a bigger stake in cold-storage facilities in Indonesi
EU-Indonesia
Oct 06, 2015
The European Union (EU) and Indonesia conduct frequent exchanges in order to direct and enhance our
Business
Oct 05, 2015
Commodity train operation to Jakarta International Container Terminal (JICT) will start by the end o
Business
Oct 05, 2015
Indonesia is building small runways near 15 fishing villages to help local fishermen export their ca
Business
Oct 01, 2015
Indonesia`s Ministry of Foreign Affairs has stated that foreign markets remain open to products from
Business
Sep 30, 2015
The day of the implementation of the ASEAN Economic Community (AEC) 2015 is only left four months fr
Info Session
Sep 30, 2015
Are you considering acquiring a company in Indonesia? There are two likely scenarios
EU-Indonesia
Sep 30, 2015
The Indonesian Trade Ministry said it will settle major trade agreements such as Regional Comprehens
Indonesia
Sep 28, 2015
In July 2015, the Ministry of Manpower issued Regulation of the Minister No. 16 of 2015
EU-Indonesia
Sep 28, 2015
This is rooted in thriving trade links, a shared attachment to advancing democracy and human rights,
Info Session
Sep 26, 2015
Indonesia is a country with a variety in specific Flora & Fauna spread throughout Indonesian Archipe
B2B
Sep 25, 2015
E-commerce in Indonesia grows 83 percent per year.
Info Session
Sep 25, 2015
August 2015 brought several changes to registering a consulting company in Indonesia.
Business
Sep 25, 2015
it has been sold arround 5000 packages though the business just started. Civet cocoa is a really pro
EU-Indonesia
Sep 24, 2015
In Indonesia, the wave of startups have started as well, and it has enjoyed a warm reception.
Business
Sep 24, 2015
A growing and relatively young population with rising disposable income make Indonesia a highly attr
EU-Indonesia
Sep 23, 2015
Southeast Asia and the European Union (EU) agreed yesterday (26 April) to take steps toward resuming
Business
Sep 23, 2015
The spice, native to some of Indonesia’s islands, accounts for an astonishing 75 percent of the worl
EU-Indonesia
Sep 23, 2015
The EU-ASEAN Business Council has today launched the first EU-ASEAN Business Sentiment Survey 2015
B2B
Sep 22, 2015
The Virtual Market Place is a free online tool for all companies. It offers a unique opportunity to
Business
Sep 22, 2015
Ministry of Maritime Affairs and Fisheries is set to offer five of Indonesia’s outermost islands on
Business
Sep 21, 2015
The decision of setting up a joint venture instead of a entirely owned Indonesian entity comes down
Business
Sep 21, 2015
on the booming e-commerce scene in Asia sets the tone just right for potential investors and entrepr
Business
Sep 21, 2015
Business visa is a visa for foreign nationals that wish to conduct business activities or study the
Indonesia
Sep 19, 2015
Your travel to Indonesia would not be complete without having its traditional foods. Below are some
Indonesia
Sep 18, 2015
Great green hopes for Indonesia : clean tech and renewable energy sector to be optimized.
Business
Sep 17, 2015
Today, renewable energy accounts for a small but growing portion of Indonesia’s electricity portfol
Indonesia
Sep 17, 2015
The Energy and Mineral Resources Ministry is considering making the Pertamina subsidiary that runs t
EU-Indonesia
Sep 17, 2015
government will continue to encourage the development of new & renewable energy projects during the
Business
Sep 16, 2015
Indonesia is planning to introduce incentives aimed at attracting investment in its renewable energy
Info Session
Sep 16, 2015
The 3rd Indonesia LNG 2015 Conference is an annual and global gathering of LNG buyers, producers and
Indonesia
Sep 16, 2015
President Joko “Jokowi” Widodo early in May launched the first on-shore wind turbine farm in Indones
Business
Sep 15, 2015
Indonesia has long been viewed as a market of immense potential for mobile applications.
Business
Sep 15, 2015
On January 26, the Labor Ministry issued Regulation 3 of 2015 on Standard Operational Procedures for
Business
Sep 14, 2015
Indonesian consumers keenly spend their rising personal earnings on electronics and home appliances
Business
Sep 12, 2015
Minister said that he had proposed a regulation that would allow foreigners to purchase house proper
Business
Sep 11, 2015
An online retailer of Islamic fashion, HijUp last week received an undisclosed amount of seed fundin
Business
Sep 11, 2015
The number of foreign tourists visiting Indonesia grew by 7.3% to 9.44 million in 2014, up from 8.80
Business
Sep 10, 2015
Indonesian government promised quick and wide-sweeping deregulation in manufacturing, trade and agri
Business
Sep 10, 2015
The Ministry of Finance announced plans to reduce the corporate income tax rate from 25% to 17.5%.
Business
Sep 10, 2015
It given the country's rising need for rubber, this is an opportunity investors should take a look a
Business
Sep 09, 2015
Indonesian government promised quick and wide-sweeping deregulation in manufacturing, trade and agri
Business
Sep 08, 2015
The government promises to provide incentives such as import-tax reduction to lure investors to the
Business
Sep 08, 2015
Ruma, a mobile phone application that providing local people with access to services
Business
Sep 07, 2015
Indonesia's Healthcare industry booming due to launch of Universal Healthcare System.
Indonesia
Sep 04, 2015
Indonesia’s benchmark stock index (Jakarta Composite Index) climbed 0.35 percent to 4,446.20 points
Business
Sep 04, 2015
the palm oil business in Indonesia is promising - on the long term - due to a number of reasons
Indonesia
Sep 03, 2015
Indonesia is in Top 3 Cocoa Producing Countries List.
Indonesia
Sep 03, 2015
Indonesia currently ranks number six on the list of largest global tea producers.
Info Session
Sep 02, 2015
there are two legal entities for foreigners in Indonesia : Foreign Investment Company and Representa
ASEAN
Sep 02, 2015
The Investment Coordinating Board (BKPM) expressed optimism that Indonesia's food and beverage indus
Info Session
Sep 02, 2015
Manpower Minister confirmed that Indonesia Proficiency Test Requirement for Foreign Workers is aboli
Info Session
Sep 01, 2015
There are three land rights in Indonesia that available for the foreigner : HGU, HGB, and HP.
Indonesia
Sep 01, 2015
Indonesia currently ranks 10th containing 3.1 % of total proven global coal reserves.
Business
Aug 31, 2015
EIBN has released the Celantech Sector Report on the Web Portal, free to download for all registered
EU-Indonesia
Jul 31, 2015
EIBN successfully concluded its outreach activities in Europe.
Business
Jul 09, 2015
The Government will provide a set of tax incentives for investors willing to build infrastructure in
Indonesia
Jun 29, 2015
The Industry Ministry is set to revise the country’s industrial masterplan
Indonesia
Jun 25, 2015
The World Investment Report 2015 said Indonesia booked about $23 billion in foreign direct investmen
Indonesia
Jun 25, 2015
Developers applauded government’s planned policy to allow foreigners to own properties in Indonesia
Business
Jun 15, 2015
Demands for heavy equipment are expected to increase as the government has kicked off several infras
Business
Jun 08, 2015
The government is looking to cut bureaucratic red tape for businesses investing in special economic
Business
May 27, 2015
Hospital business continues to glow despite domestic economic slowdown, with a strong first-quarter
Business
May 25, 2015
Decades ago, urban conglomerations competed to clinch “global city” or “world city” status by luring
Business
May 19, 2015
As many as 120 ships currently being tendered will be used to improve sea navigation and help stabil
Business
May 19, 2015
The construction of seven new seaports across Indonesia will be among the priorities of the governme
Business
May 13, 2015
Indonesia is mulling exemptions of import tariffs on raw materials and intermediary goods for tradin
Business
May 02, 2015
The government is slated to implement a new set of tax allowances on May 6 as part of its efforts to
Business
Apr 28, 2015
The Financial Services Authority (OJK) will issue a new regulation to boost the financing capacity o
Business
Apr 28, 2015
The government is aiming to draw billions of dollars in green investments, which is expected to help
ASEAN
Apr 26, 2015
Despite the current sluggish growth, the economic ties between the European Union (EU) and the Assoc
ASEAN
Apr 26, 2015
Southeast Asia and the European Union (EU) agreed on Sunday to take steps toward resuming stalled ta
Business
Apr 24, 2015
The government expects to attract more environmentally friendly investment in the energy sector with
Business
Apr 24, 2015
The government has issued a new set of tax allowances to attract more sizeable investments into Sout
Business
Apr 11, 2015
Indonesian unit of German premium automaker BMW AG launched Friday a variant of its popular sport ut
Business
Apr 10, 2015
To tap growing demand for soft drinks in Indonesia, PT Asahi Indofood Beverage Makmur (AIBM), a join
Business
Apr 09, 2015
The Investment Coordinating Board, or BKPM, is counting on its one-stop integrated service centers a
ASEAN
Mar 24, 2015
ASEAN’s financial and banking authorities have agreed in principle to start the process of banking i
Business
Mar 16, 2015
Southeast Asia’s major economies drew more foreign direct investment combined than China for the sec
Business
Mar 03, 2015
E-commerce should be scrapped from the country’s negative investment list to provide wider funding o
Business
Mar 01, 2015
Can you imagine withdrawing money from an ATM without an ATM card? As little as five years ago that
Business
Feb 17, 2015
Indonesian Finance Minister Bambang Brodjonegoro has promised to revise a regulation on tax holidays
Indonesia
Feb 10, 2015
Following the launch of its one-stop investment licensing services recently, the Investment Coordina
Indonesia
Feb 06, 2015
Indonesia is a leader in the use of mobile banking applications among more than 20 countries surveye
Business
Feb 05, 2015
Local companies’ spending on IT is predicted to grow almost threefold in 2019 from spending in 2013
Business
Jan 30, 2015
The National Development Planning Board (Bappenas) estimated the tourist industry may generate up to
EU-Indonesia
Jan 28, 2015
Spain and Italy have pledged to boost cooperation with Indonesia in the field of maritime infrastruc
Business
Jan 27, 2015
The new one-stop integrated service (PTSP) launched by President Joko “Jokowi” Widodo.
Business
Jan 14, 2015
Indonesia will attract more new factories than any other Southeast Asian nation over the next few ye
Business
Jan 14, 2015
Pertamina Geothermal Energy (PGE), a subsidiary of state-owned PT Pertamina, has set aside US$432 mi
Business
Jan 13, 2015
The Asian Development Bank pledged its support for Indonesia’s development plan and is committed to
ASEAN
Nov 28, 2014
The joint e-Newsletter EU-ASEAN Business Update no.1 is now available through EIBN's website.
Indonesia
Nov 27, 2014
President Joko Widodo has inaugurated the new Head of the Investment Coordinating Board
Outreach
Oct 25, 2014
EIBN has released 4 Sector Reports covering F&B, Textile and Footwear, Healthcare and Automotive
Indonesia
Oct 20, 2014
Joko Widodo is now Indonesia’s seventh president. He takes over leadership of the world’s third-larg
ASEAN
Sep 26, 2014
The Asian Development Bank Institute (ADBI) recently presented in Jakarta a new publication
Indonesia
Sep 23, 2014
The Transportation Ministry inked a deal on Monday with the Tambrauw regency administration to devel
Indonesia
Sep 18, 2014
Indonesia's new government plans to reduce fuel subsidies by as much as 3,000 rupiah by November...
Business
Aug 07, 2014
In October, the 29th Trade Expo Indonesia 2014 will open…
Indonesia
Jul 23, 2014
Joko Widodo “Jokowi” is the next President of the Republic of Indonesia.
Business
Jul 21, 2014
The government will begin to limit the amount of time for holding storage containers at ports in...
European Union
Jul 15, 2014
Jean-Claude Juncker was elected president of the European Commission...
Business
Jul 14, 2014
The labour force in Southeast Asia will increase by 16 percent in 2012-2015
