Interested to Processing Oil and Gas Blocks in Indonesia? Here the Terms and Conditions

Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar explained three main criteria set by the government in determining the winning bidder for the Phase II 2018 Conventional Oil and Gas Work Area. These three criteria were fulfilling the requirements and conditions of the auction, financial health and the…

Businessman: Potential for Purchasing Ability are increasing until the End of Year

Although some developing countries are experiencing global crisis problems, it seems that so far Indonesia’s economic condition is no need to be worried. Even it’s stated that the consumers’ purchasing ability potentials so far have increased. "The consumers’ purchasing ability potentials in the future are still strong, but the tendency…

Indonesia Secretary of Commerce Encourages the Completion of Trade Agreements

The Secretary of Commerce (Ministry of Trade Indonesia) Enggartiasto Lukita continues to push the settlement of trade agreements. At least, there will be three trade agreements that will be completed. One of them, Indonesia will complete the Indonesian Australia comprehensive economic cooperation agreement (IA-CEPA). Previously substantially the IA-CEPA negotiations were…

Indonesia plans to complete 13 trade agreements

The Indonesian government is seeking to complete 13 trade agreements with other countries and trade organizations in an attempt to boost its exports amid the trade war between China and the United States, which has seen a trend toward global trade protectionism. Trade Minister Enggartiasto Lukita said from the 13…
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Italian Business Association in Indonesia (IBAI)