Following the coronavirus outbreak, we have revised our growth forecasts for all countries across the world. The results paint a bleak picture. Across the G20, all but three countries will register a recession this year. The global economy will contract by 2.2%.

The Japan-based credit rating agency, Rating and Investment Information Inc. (R&I), recently upgraded Indonesia’s Sovereign Credit Rating from BBB/stable outlook to BBB+/stable outlook (Investment Grade). The higher rating shows that the international stakeholders increasingly put their trust in Indonesia’s economic performance. The Central Bank of Indonesia (Bank Indonesia/BI) assesses Indonesia’s

JAKARTA – BKPM Deputy Chairman for Investment Promotion, Farah R Indriani accompanied the Coordinating Minister for Maritime Affairs and Investment to receive a business delegation during the state visit of the Dutch King Willem-Alexander and Queen Maxima in Jakarta on Tuesday (10/3).

The Indonesia Investment Coordinating Board (BKPM) will revitalize existing investors who have been receiving far less attention. BKPM Investment Communication and Information Committee member Rizal Calvary Marimbo said that the potential of existing investors to conduct investment plans is huge.

Indonesia is continuously trying to attract foreign investors to come and invest in the country by improving the Ease of Doing Business (EODB). One of the main focus for this year improvement is to cut the procedures of Starting a Business, one of the EODB indicators. Based on World Bank

The Indonesian government will introduce a special agency whose main task is to handle foreign and domestic investments in the development of the country’s new capital city in East Kalimantan, officials said on Wednesday.