News

13Aug 2018

In the first half of this year, Indonesia booked US$9.48 billion in investment in the energy and mineral resources sector, only 25 percent of the full-year target of $37.2 billion. The oil and gas sector contributed the most to the total investment at $5.11 billion, followed by electricity at $2.83 billion. Meanwhile, the mining and […]

13Aug 2018

With no end in sight to trade tensions between the United States and China, domestic tire producers may bear the brunt of the spat as a revision to a ministerial regulation has made it easier for tire products to enter the Indonesian market, Fitch ratings agency has said in a statement. Trade Ministry Regulation No. […]

13Aug 2018

DNFP Law Offices  Dewi Negara Fachri & Partners (“DNFP”) is an Indonesian commercial law firm providing a full range of high quality, commercial legal services to Indonesian, regional and international clients. Since June 1 2016, DNFP is in an association with Hogan Lovells, a leading global law firm with a strong reputation for advising on award-winning […]

13Aug 2018

The Turkish lira sank to a fresh record low of 7.24 to the dollar in early Asia Pacific trade, as investor worries over the state of the economy and deteriorating ties with the United States continued to drag down the currency. By 1903 GMT on Sunday – early Monday morning in the Asia Pacific – […]

10Aug 2018

China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength. he growing trade conflict is causing rifts within China’s Communist Party, with some critics […]

10Aug 2018

President Joko “Jokowi” Widodo announced his running mate for Indonesian 2019 election. He picks nonpolitical party figure Ma’ruf Amin. Ma’ruf has been a lawmaker, councilor, presidential advisory council member, supreme leader of Nahdlatul Ulama central board, and chairman of the MUI (Indonesian Ulema Council). As MUI chairman, Ma’ruf supported controversial regulations, including the Pornography Law […]

09Aug 2018

The Gerindra, PKS and PAN parties officially signed Prabowo’s candidacy as presidential and Sandi candidate as vice president in the 2019 Indonesian presidential election. This decision indicates that the coalition contains only three parties. Demokrat Party which had been in this coalition has not yet determined its position. Prabowo Subianto said Sandiaga Salahuddin Uno was […]

09Aug 2018

The rupiah exchange rate was opened at the position of Rp14,432 per US dollar (US) in today’s spot market trading, Thursday (9/8). This position strengthened from the close on Wednesday (8/8) which was at the level of Rp14,439 per US dollar. In line with the rupiah, the majority of currencies in the Asian region also […]

09Aug 2018

China’s factory price inflation cooled in July but not as much as expected, amid a wider slowdown in economic growth as Beijing remains locked in a heated trade dispute with Washington. However, consumer inflation picked up from the previous month, largely due to a rise in non-food prices, official data showed on Thursday. The July […]