Pressure on state finances caused by huge spending on fuel subsidies has forced the government in Jakarta to announce a 45 per cent increase of petrol prices for later in 2013. A risky, but necessary move.
Solar power plants are suitable for Sarawak’s equatorial location on Borneo, and the low frequency of debilitating storms make the energy source especially viable, writes Justin Calderon after an on-site inspection.
Across the sun-drenched tropical expanse of Southeast Asia and with a number of new projects coming up, solar power is increasingly gathering a polished appeal, finds Justin Calderon. Has the solar revolution in ASEAN arrived?
The Indonesian government has set aside $103 million for the development of 36 solar energy projects in 2013 through the assistance of partners.
According to...
Ferrostaal GmbH, a German supplier of industrial tools and machinery, has said it will build a petrochemical factory in West Papua, Indonesia, at an...
Indonesia is on a sustainable growth path despite some structural and policy-related domestic challenges, Dr. Boediono, Vice President of the Republic of Indonesia, said...
A deteriorating investment climate in Indonesia has caused tensions between multinational companies, especially in the energy sector, and the Indonesian government.
Having been the darling...
While central Indonesia is currently benefiting from an influx of domestic and foreign direct investment, Eastern Indonesia is in urgent need for the same,...
Taiwanese electronics manufacturer Hon Hai Precision Industry Ltd, or Foxconn, has delayed its huge investment in Indonesia, according to the country's industry minister MS...
Indonesian President Susilo Bambang Yudhoyono has signed a string of agreements on trade, defense and education with UK Prime Minister David Cameron during his...
Indonesia’s rapidly expanding economy and increasingly sophisticated retail market has drawn the attention of Thailand’s Central Retail Corporation (CRC), which plans to add the...
Indonesia is becoming a new target destination for international investors as the country's recent economic success story has drawn a solid increase in foreign...