Xi Jinping Speaks with Indonesian President Joko Widodo
Jokowi and Xi Jinping On the evening of 31 August, President Xi Jinping spoke with Indonesian President Joko Widodo (Jokowi) on the phone. Noting their large populations, Xi pointed out…
Hotel Indonesia Jakarta
Seven companies to relocate facilities to Indonesia, invest $850m
President Joko Widodo President Joko “Jokowi” Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly from China, an encouraging signal for…
US and china move out
Asia and US Firms Move Out of China, Relocate to Indonesia
According to Investment Coordinating Board (BKPM) spokesperson Tina Talisa, Indonesia is expecting investments from Japan, South Korea, and the United States as they set up manufacturing in the country. The…
Indonesia’s tax incentives attracts Chinese investors
According to the Coordinating Minister of Maritime Affairs Luhut Binsar Pandjaitan, a Chinese company has shown its interest to invest USD 10 billion into several Indonesian regions. Furthermore, Luhut said…
China-Indonesia ties stronger as Li Keqiang’s visit set to build new agreements
An official visit by Chinese Premier Li Keqiang to Indonesia began on Sunday and will run until Tuesday, and the two countries are expected to further promote pragmatic economic cooperation,…
Indonesia and China sign US$23.3 billion cooperation contracts under Belt and Road
The cooperation contracts signed by Indonesia and China in Beijing on Friday cover the construction of a $2 billion hydropower plant in Kayan, North Kalimantan; the development of a $700 million industry…
Chinese private equity firm NDE Capital raises hard cap for 2nd Asia fund to $450m
Chinese private equity firm NDE Capital raises hard cap for second Asia fund to $450m. Chinese private equity firm NDE Capital has received approval from investors to raise the maximum…
China can become the largest investor in Indonesia this year
Tourism Minister Arief Yahya has invited investors from China to put their money in the new 10 destinations being promoted by the Indonesian government as “10 New Balis.” Last year,…
Belt and Road money: China becomes Indonesia’s No. 2 investor with infrastructure drive
China became Indonesia's second-biggest source of foreign direct investment in 2017, and officials in Jakarta are saying they expect the Chinese inflows will only continue to swell. China overtook Japan…
World Economic Forum – Davos 2018: The Number of Potential Chinese Outbound Tourists Could Double by 2020 to 240 Million
Last week at the World Economic Forum in Davos 2018, Ctrip CEO Jane Sun predicted the number of Chinese passport holders would grow to 240 million by 2020. Currently, about…