Business News
Government to issue sharia sovereign bonds worth US$2 billion
Jakarta, (ANTARA News) - The Indonesian government is set to issue US$2 billion worth of State Sharia Sovereign Bonds (SBSN), or sukuk wakalah global, to continue its commitment to sustainable green financing. The sharia sovereign bonds comprise two series with settlement date on Feb 20, 2019, the Directorate General of…
Indonesia to welcome US$900m in automotive industry: Minister
Industry Minister Airlangga Hartarto says several investors are committed to investing US$900 million in the automotive industry. “Investors from Asia and Europe have expressed their commitment,” Airlangga said in Jakarta on Tuesday as quoted by kompas.com. He, however, declined to reveal the details of the investment, including the names of…
Jokowi orders recalculation of avtur price
Jakarta, (ANTARA News) - President Joko Widodo (Jokowi) has ordered recalculation of the price of aviation turbine fuel (avtur) to make it more efficient. "We have just discussed this at the meeting. I have ordered to recalculate this. Which part should be more efficient, we will soon take decision on…
Government to subsidize rubber growers: governor
Palembang, S Sumatra, (ANTARA News) - The Indonesian government plans to subsidize rubber growers in March 2019 to improve the quality and price of the key commodity, South Sumatra Governor Herman Deru stated. The subsidy will come in the form of production facilities and cash assistance, he revealed here on…
