The Indonesian government sign an agreement with the Japan International Cooperation Agency (JICA) for a soft loan related to the funding of two national strategic priority projects. The government will borrow 127.2 billion Japanese yen (approx. USD $1.1 billion) for the construction of the Patimban Seaport in West Java (USD $1.05 billion) and for turning the Gadjah Mada University into a world class university (USD $66.67 million).

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In the latest Asia Top 100 University List - which is based on the Quacquarelli Symonds (QS) University Ranking 2016 - the University of Indonesia (UI) rose 12 spots to settle at 67th place. The top three universities remained unchanged with the National University of Singapore at the top of the list, followed by the University of Hong Kong and Nanyang Technological University. With Hong Kong taking up four spots inside the top 10, while China, Singapore and South Korea take two spots, each, to complete the top 10 it is clear which countries dominate Asia in terms of best university education centers.

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