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Indonesia Renegotiates Korean KFX Fighter Jet Contract to Reduce Rupiah Depreciation

JAKARTA (TheInsiderStories) - The depreciation of Rupiah exchange rate impacted weaponry system procurement, including Korea Fighter Xperiment or Indonesia Fighter Xperimen (KFX/IFX) fighter jet. Therefor, Indonesia...

Indonesia Forms National Team for the Use of Local Products

JAKARTA (TheInsiderStories) - Indonesia' President Joko Widodo signed a Presidential Decree Number 24 Year 2018 concerning the National Team for Increasing the Use of Domestic Production....