Home News Sri Mulyani sees business confidence and investment growing

Sri Mulyani sees business confidence and investment growing

VOI NEWS 13.00 LOCAL TIME, GMT+7, 09.11.2017

Indonesian Finance Minister Sri Mulyani stated on Wednesday, November 8th in Jakarta that the investment has grown positively in the third quarter owing to business confidence in the country's economic conditions. Investment has grown seven percent due to the confidence of business players. She said the realization of the gross fixed capital formation growth, reaching 7.11 percent during the period, had surpassed the expectations of the government that had, in fact, only forecast it at some six percent. In view of this, she said the government will continue to maintain the momentum, so that the spending component can steadily contribute to the national economy to ensure more optimal growth. Other spending components that are being prioritized are the exports of goods and services that have also grown positively, so far, this year. In the third quarter of 2017, this sector grew by up to 17.27 percent. The imports component has also grown during the period to indirectly affect the household consumption sector's performance as well as investment that has, so far, become the biggest contributors to the country's gross domestic product (GDP). Sri Mulyani said that the ministry had predicted that the exports would only increase seven to eight percent, but they have grown by up to 17 percent. Imports of especially raw materials also showed increasing business confidence. This is a very positive sign//  Voi.ROL


315 construction firms join infrastructure expo

The Indonesia Infrastructure Week (IIW) 2017 expo organized by the Chamber of Commerce and Industry (Kadin) and the Public Works and Housing Ministry will see 315 companies present their products and services this year. Kadin chairman Rosan P. Roeslani called on the government to strengthen cooperation between private companies and state-owned enterprises in developing infrastructure across the country. Rosan said at the opening ceremony of IIW 2017 at the Jakarta Convention Center on Wednesday (8/11) that he expected synergy between the government, state-owned enterprises and private companies to help smoothen the process of infrastructure construction. The National Development Planning Minister and head of the National Development Planning Agency (Bapennas), Bambang Brodjonegoro, explained that the event aimed to showcase projects currently in the construction phase as well as those planned for the future. Apart from displaying the infrastructure projects, the organizers of the IIW 2017 also plan to hold a number of events, including seminars and conferences on issues like investment, transportation and connectivity infrastructure and industrial development in Indonesia//   Voi.JP


Indonesia Menari' to dance away in three cities

The annual Indonesia Menari (Indonesia Dance) is set to be held on November 19 starting at 1 p.m. This year’s event will be held in three locations in different cities, namely Grand Indonesia in Jakarta, Park Mall in the Central Java city of Surakarta and Mall 23 Paskal in Bandung, West Java. Participants are encouraged to dance to a compilation of songs arranged by renowned musician Pongky Prasetyo, consisting of traditional Indonesian tracks such as “Bungong Jeumpa” from Aceh, “Cik Cik Periuk” from West Kalimantan, “Cingcangkeling” from West Java, “Rasa Sayange” from Maluku, “Si Patokaan” from North Sulawesi and “Gemu Fa Mi Re” from East Nusa Tenggara. Rosmala Sari Dewi, the event's choreographer recently said in Jakarta that she has combined traditional dance movements from several provinces and included a few modern dance movements for Indonesia Menari 2017. Initiated by Galeri Indonesia Kaya from the Bakti Budaya Djarum Foundation and held since 2012, Indonesia Dance will also feature local celebrities dancing with participants, such as Fero Walandouw, Marcell Darwin, and Yuki Kato. Hopefully this event will encourage more people, especially those the young generation, to learn traditional dances and be proud of nation’s culture//   Voi.JP 


Indonesia to Broadcast Live 38 Events of Asian Games 2018

Indonesia will broadcast 38 sports events live during the Asian Games to be held in Jakarta and Palembang, South Sumatra, in August 2018. Director of Broadcast of the Asian Games 2018 organizing committee INASGOC Linda Wahyudi said during a press conference on Wednesday, (8/11) that the comittee will use a total of 427 high definition cameras to broadcast all sports events live except bridge and squash. INASGOC has signed a contract with Swiss International Games and Broadcast Services (IGBS) as a partner in broadcasting Asian Games 2018 live. A Japanese broadcasting company, Dentsu will be the Asian Games 2018 broadcast rights holder, while the Emtek Group has the broadcast rights of Asian Games 2018 for Indonesia. Linda said, Asian Games 2018 broadcast will be distributed to all Asian and Latin American countries except Brazil.  Linda said, the athletic will be the most expensive 18th Asian Games sport event to broadcast as it will require 37 cameras, one helicopter, and around four motorcycles//   Voi.Tempo

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