Alfamart will open 650 new outlets in the Philippines next year, making it one of the most popular brands in a wide open market.
Golkar plans congress to appoint new chairman replacing Setya Novanto. Two groups within the party led by Jusuf Kalla and Luhut Panjaitan are fighting to secure the chairman position.
Banking was still consistent in adding ownership in tradable government bonds (SBN). Bank ownership of tradable SBNs was Rp 595.32 trillion at the end of October 2017, up 49 percent compared to the end of last year.
The addition of electrical power through the equalisation of customer categories could increase inflation.
Operating in a relatively unregulated space, fintech firms can move quickly, relying on innovation and maximising the use of technology to meet consumer demands and needs.
Indonesia’s economic fundamentals are predicted to improve next year, with the support of three sectors as the drivers of growth.
The presidential draft to accelerate development has yet to be approved by the Ministry of State Secretariat, as various ministries cannot agree.
Up to the end of August 2017 there were 136 mergers, acquisitions and investments in Indonesia worth US$ 6.8 billion, dominated by the information technology sector.
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