Pertamina Mandalika GP Projected to Generate IDR 5.4-Trillion
Jakarta Globe are reporting that the recent Pertamina Grand Prix of Indonesia held at the Mandalika Circuit in Lombok set a new attendance record of 103,000-spectators and the financial turnover from the MotoGP is projected to reach IDR 5.4-trillion (approx. USD 343.5-million), marking a 20-percent increase compared to last year’s IDR 4.5-trillion turnover. Tourism and Creative
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Jokowi Meets Li Qiang in Beijing
According to the website of The President of The Republic of Indonesia, President Jokowi held a bilateral meeting with Li Qiang, Prime Minister of the People’s Republic of China (PRC) at Diaoyutai State House in Beijing on Tuesday (17/10/23.) During the meeting, President Jokowi appreciated the comprehensive strategic partnership between Indonesia and China has developed
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President: China Can Become Indonesia’s Top FDI Contributor
The website of The President of The Republic of Indonesia has published a release saying that President Joko Widodo attended the Indonesia-People’s Republic of China (PRC) Business Forum, which was held at the China World Hotel, Beijing, PRC, on Monday (16/10/23.) When delivering his remarks, the President said he appreciated the investment and contribution of
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BI Expected to Leave Interest Rates Unchanged Until Q2 2024
A Reuters poll found that Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on October 19, staying on the sidelines for longer than previously expected. With inflation at a 19-month low of 2.28-percent in September, firmly within BI’s 2 to 4-percent target range, all 36-economists in the October 10 to 16
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Huge Oil and Gas Potential in North Bali
A recent article posted by the editorial team of D-Insights looked at the huge potential for gas resources in North Bali. According to D-Insights, the Director General of Oil and Gas at the Ministry of Energy, Tutuka Ariadji said the gas potential in the area reaches 4 to 5-trillion cubic feet (TCF), adding that this
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