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The government plans to prepare some regulatory incentives for the textile industry, which is currently under pressure due to difficulty competing with imported products.
One of the biggest retail companies in Indonesia, Giant, has been closing dozens of its stores permanently. The store closures started last year and still have not finished yet. Is this the sign of the retail industry’s impending gloom and doom?
The Patrick Sugito Walujo and Jerry Ng duo surfaced last week following the planned acquisition 51 percent stake in PT Bank Artos Tbk, which is classified under the BUKU 1 category.
The government will open data on oil and gas to potential investors, as stated in the Minister of Energy and Mineral Resources Regulation No. 7/2019 on the management and utilization of oil and gas data.
Indonesia recorded the worst international trade performance in history. As announced by the Statistics Indonesia (BPS), the trade deficit reached US$ 2.5 billion in April 2019.
SOE Minister Rini Soemarno requested that land concessions owned by contractors above the provisions of the Mineral and Coal Law No. 4/2009 to be transferred to SOEs when contract extensions are made.
