• Netherlands Stops Development Aid to Indonesia per 2020

    The Netherlands plans to stop sending development aid to five countries, including Indonesia, from 2020 onward. Lilianne Ploumen, Dutch Minister for Foreign Trade and Development Cooperation, said the relationship between the Netherlands and Indonesia - after 2020 - can be labeled "trade partners" only. Besides Indonesia, the Netherlands also plans to scrap development aid for Ghana and Kenya. Ploumen added that Dutch parliament wants to focus on disbursing development aid to those unstable countries located in or around Europe.

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  • Corruption in Indonesia: Should Food Import Quotas Be Scrapped?

    Indonesia's Regional Representatives Council speaker Irman Gusman will be removed from his position on Tuesday (20/09) after being named a suspect by the nation's anti-corruption watchdog (Corruption Eradication Commission, or KPK) in Indonesia's latest corruption case. Allegedly, Gusman accepted a IDR 100 million (approx. USD $7,500) bribe for lobbying to manipulate West Sumatra's sugar import quota. Earlier this year State Procurement Agency Bulog imposed the quota to a company called CVSB. It is yet another graft case related to Indonesia's import quota system for food commodities.

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  • Indonesia Investments' Newsletter of 19 September 2016 Released

    On 19 September 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related topics such as Indonesia's budget deficit, the tax amnesty program, GDP growth, the trade balance, micro credit, the case of Ford Motor Indonesia, coal mining, the ceramic industry, and more.

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  • Credit Growth Indonesia Limited amid Weak Export & Investment

    Indonesian entrepreneurs say their credit demand is limited due to few expansion and investment plans ahead of the end of the year. Although the Indonesian economy is recovering - reflected by accelerated GDP growth figures in the first two quarters of the year - demand from abroad for Indonesian products remains weak, while domestic demand remains somewhat subdued as well (reflected by the nation's structurally weakening export and import figures over the past 15 months). As a result credit growth has been slowing accordingly.

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