Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsIndonesia Eximbank (LPEI) has extended overseas financing to support the expansion of Richeese Factory Malaysia Sdn Bhd through a term loan, a type of corporate financing facility. The provision of this facility aligns with Eximbank’s mandate as a government agency to support gastrodiplomacy through the export of services through commercial entities.
The move brings to light another of the multiple disputes in the strategic waterway, most of which China claims sovereignty over, with Beijing involved in frequent altercations with the Philippines and sporadic rows with Vietnam.
The expansion in cabinet size has not been paralleled by improvements in governance outcomes. According to World Bank data, Indonesia's regulatory quality score stood at 59.43 in 2022, reflecting a decline from 61 in 2021.
Investment Minister and Chairman of the Investment Coordinating Board (BKPM) Rosan Roeslani has commended PT Nippon Shokubai Indonesia for its commitment to advancing the petrochemical industry in Indonesia. The company is set to commence construction of its fourth expansion phase in Cilegon, Banten, in 2025 with operations expected to begin by 2027.
Delonix Group Indonesia (DGI) is an official, wholly owned subsidiary of Delonix Group, with its headquarters in Jakarta. DGI is strategically positioning itself to meet the rapidly evolving demands of the Indonesian market.
While BRICS has expanded from its original concept, the bloc has imported all ongoing disputes among the emerging economies that comprise its membership, and until it gets its house in order, unseating the dollar and euro as the currencies of international trade may take a long while yet.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.