Tag Archives: investment

National Development Planning Minister Bambang Brodjonegoro has said that the government is committed to creating new centers of economic growth outside Java in its effort to reducing economic disparities between Java and other regions. Bambang, who is also head of the National Development Planning Agency (Bappenas), pointed out that 60 percent of the country’s economy was based in Java, […]

Temasek Holdings Pte., the Singaporean state firm that poured $95 billion into everything from startups to asset managers in the past five fiscal years, is turning more cautious as threats to the global economic expansion mount. The investor expects global growth to moderate and sees rising risks in the market, Temasek said in a statement […]

As President Joko “Jokowi” Widodo inaugurated Indonesia’s first wind power plant in Sidenreng Rappang, South Sulawesi, on Monday (02/07), the government is getting closer to its ambitious target of obtaining more than a fifth of the country’s energy from renewable sources. The plant, also known as PLTB Sidrap, consists of 30 wind turbines which can produce up to 75 […]