Indonesia invested 692.8 trillion IDR (51.7 billion USD) in 2017, up 13.1 percent year on year, said an official from the Capital Investment Coordinating Board (BKPM) of Indonesia.
Hanoi (VNA) – Indonesia invested692.8 trillion IDR (51.7 billion USD) in 2017, up 13.1 percent year on year,said an official from the Capital Investment Coordinating Board (BKPM) ofIndonesia.
According to Azhar Lubis, about 430.5 trillionIDR (32.1 billion USD) of the amount was invested at home, mostly in Jakarta,West Java, East Java, Banten and Mid Java. | The rest went abroad, mostly to Singapore,Japan, China, China’s Special Administrative Region of Hong Kong, and theRepublic of Korea. | As many as 1,176,353 people were recruited inthe year, Azhar added.
The Government of Indonesia has launched 16packages of economic reform since 2014, aiming to lure foreign investment.
According to the Bank of Indonesia, as of theend of January 2018, foreign investment inflow to the Indonesian market willreach 46 trillion IDR (3.54 billion USD), an increase of over 200 percent yearon year.-VNA
Indonesian authorities are investigating the use of bitcoin on the resort island of Bali after the central bank gave warnings on risks posed by virtual currencies.
Indonesian President Joko Widodo and Malaysian Prime Minister Najib Razak shared counterterrorism experiences with India during bilateral meetings with Indian Prime Minister Narendra Modi on January 26.
Indonesia and Bangladesh inked five cooperation deals on fishing, trade, diplomacy, energy and the import of liquefied natural gas (LNG) during Indonesian President Joko Widodo’s trip to Bangladesh from January 28.
Indonesia is on track in terms of preparing facilities to host the 18th Asian Games (ASIAD 2018), according to Indonesian Public Works and Public Housing Minister Basuki Hadimuljono.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Indonesia's 2017 investment surges 13.1 percent (Source: AFP) 
