• CLEO to Open Three New Bottled Water Plants Across Indonesia

    Sariguna Primatirta, Indonesia's listed bottled water producer, plans to open three new factories soon. The company, which sells its bottled water under the Cleo Pure Water brand, is eager to expand its manufacturing and distribution networks across the Archipelago. Sariguna Primatirta, which was established in 2003, conducted its initial public offering (IPO) on the Indonesia Stock Exchange earlier this year.

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  • Rising Foreign Investment in Indonesia's Hospital Industry

    Foreign direct investment (FDI) in the healthcare industry of Indonesia rose steeply in the first half of 2017 after the government opened up the general hospital sector to foreign investment by revising the Negative Investment List (in Indonesian: Daftar Negatif Investasi) in 2016.

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  • Few Enthusiasm for Cashless Toll Road System in Indonesia

    While authorities plan to have scrapped cash payments altogether at the nation's toll road booths by October 2017, most Indonesians continue to use cash when paying for toll road tickets. Based on the latest data, only 28 percent of toll road payments in June were done using electronic money. The plan to end cash payments at toll roads is part of the country's push for a cashless society.

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  • Trade Balance Indonesia: Unexpected Deficit in July 2017

    Contrary to expectations Indonesia posted a trade deficit in July 2017. The nation's Statistics Agency (BPS) announced on Tuesday (15/08) that Southeast Asia's largest economy experienced a USD $271.2 million trade deficit last month, the country's first deficit in 19 months.

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