INSIDER

The Coordinating Ministry for the Economy held a coordination meeting with all Deputy Ministerial elements along with the Ministry of Foreign Affairs and several Ambassadors on Monday, April 15, 2024 in response to developments in the Middle East conflict following Iran’s retaliatory offensive against Israel.  […]

The textile and textile product (TPT) industry asks all stakeholders to comply with import restriction policies as regulated in Minister of Trade Regulations No. 36/2023 and No. 3/2024 on Import policy and control.  […]

The government has spoken out regarding Indonesia’s stance on Iran’s recent attack on Israel, asking the United Nations Security Council (UNSC) to take swift action to de-escalate tensions in the region. […]

A statement by Speaker of the People’s Consultative Assembly (MPR) Bambang Soesatyo which suggests that democracy in Indonesia does not require opposition has drawn criticism from experts.  […]

In the wake of the quinquennial political festivity, the movement towards reconciliation among competing factions within Indonesia’s political coalition has become an integral part of the country’s political dynamics. […]

Cooperation among government’s agencies and ministries is needed to prevent corruption cases, such as the alleged corruption at PT Timah which has incurred US$ 13.6 billion in State losses based on calculation of an IPB University expert.  […]

Minister of Public Works and Housing (PUPR) Basuki Hadimuljono has provided an update on the Nusantara Capital City (IKN) project development throughout 2023 to the Indonesian House of Representatives’ Commission V, highlighting the support for basic infrastructure development for the capital city at Rp24.97 trillion (US$1.7 billion). […]

Minister of Public Works and People’s Housing Basuki Hadimuljono has the potential to serve once again in the Cabinet of the next government, says a House of Representatives (DPR) legislator. […]

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has defended that the granting of permit extension for PT Vale Indonesia’s contract of work and its conversion into special mining business permit (IUPK) until 2035 is meant to give certainty for raw materials availibility for downstream industry. […]

The government’s debt has reached Rp8,319.2 trillion (US$522.3 billion) by February 29, 2024, an increase from the end of January, which amounted to Rp8,253.09 trillion. This government debt is equivalent to approximately 39.06 percent of the gross domestic product (GDP), continuing the all-time high trend. […]

Muslim Arbi, a political and legal analyst, has asked the Attorney General’s Office (AGO) to promptly examine President Joko Widodo’s youngest son, Kaesang Pangarep, for allegedly receiving illicit funds related to corruption at State-owned tin mining giant PT Timah. […]

The Attorney General’s Office is developing the investigation into the alleged corruption at PT Timah, with an alleged state loss of Rp 271 trillion (US$ 13.6 billion).  […]

The Corruption Eradication Commission (KPK) has called in Iqbal Latanro, CEO of State-owned insurer PT Taspen from 2013 to 2020, as a witness in the investigation of a suspected corruption case involving fictitious investments at the state-owned company. […]

Minister of Investment Head of Investment Coordinating Board Bahlil Lahadalia has dismissed several accusations made against him of fraudulent practice by setting tarrifs or fees for mining companies seeking reactivation of their rescinded mining business permits.  […]

The Ministry of Energy and Mineral Resources (ESDM), through the Directorate General of Mineral and Coal, is embarking on an initiative to reauction eight areas of mineral and coal mining business licenses (WIUP). […]

PT Garuda Indonesia (IDX: GIAA) has consistently recorded positive performance as reflected in the growth of consolidated operating revenue in the 2023 performance year, which grew by around 40 percent or US$2.94 billion. […]

The recent probe conducted by the Attorney General’s Office (AGO) into PT Refined Bangka Tin (RBT) and its commissioner, AGR, sheds light on the intricate web of corruption allegations surrounding Indonesia’s tin industry. Amidst allegations of illicit activities within the Mining Business License (IUP) at PT Timah from 2015 to 2022, the AGO’s investigation has unearthed compelling evidence implicating key […]

The Constitutional Court began on Wednesday, March 27, 2024, the hearings of the lawsuits filed by presdential-vice presidential candidates pair number 1 Anies Baswedan-Muhaimin Islandar and pair number 3 Ganjar Pranowo-Mahfud MD. […]

The investigation team at the Directorate of Investigation, the Office of Junior Attorney General for Special Crimes has again named one new suspect in an alleged corruption case in the tin commodity trading system at PT Timah’s Mining Business Permit (IUP) area from 2015 to 2022. […]

A number of civil society organizations in the European Union have released a new report revealing the links between financial institutions and environmental damage. […]

The Indonesian government has identified the ambitious development projects of Pantai Indah Kapuk (PIK) and Bumi Serpong Damai (BSD) as national strategic projects (PSN), signaling a significant milestone in the nation’s infrastructure development agenda. […]

The losing pairs of presidential and vice presidential candidates in the 2024 presidential election, namely Anies Baswedan-Muhaimin Iskandar and Ganjar Pranowo-Mahfud MD, have filed their lawsuits with the Constitutional Court through their respective legal teams.  […]

Daikin Manufacturing Indonesia has earned plaudits and acclaim for its unwavering commitment to corporate social responsibility, particularly its fervent advocacy for the welfare and well-being of vulnerable segments of the populace. […]

President Joko “Jokowi” Widodo’s discourse to extend the Special Mining Business Permit for PT Freeeport Indonesia (PTFI), which will expire in 2041, to 2061 prematurely, is a violation to Law No. 3/2020 on Mineral and Coal, particularly Article 169 B paragraph 2. The permit extension must be avoided because it is detrimental to long-term national interests. […]

The Indonesian government is finalizing the revision of Government Regulation No. 96/2021 that will allow PT Freeport Indonesia to secure early extension of its special mining business permit after 2041.  […]

The Indonesian government has granted permit extension for 20 years more for PT Vale Indonesia after share divestment two weeks ago. […]

PT Pupuk Indonesia is poised to bolster Indonesia’s agricultural productivity with the distribution of 9.55 million tons of subsidized fertilizer, through an investment of IDR 54 trillion (US$3.4 billion). […]

The Ministry of Energy and Mineral Resources (ESDM) says delayed approval of mining work plans and budget allocations (RKAB) for 2024 is a domino effect of the corruption case in the Mandiodo Block, North Konawe, Southeast Sulawesi in 2023. […]

Institute for Essential Services Reform (IESR) has reported that greenhouse gas (GHG) emissions from Indonesia’s steel industry contribute to 7 percent of the nation’s industrial emissions.  […]

Minister of Investment/BKPM Head, Bahlil Lahadalia, has provided update on the progress of revoking mining business licenses (IUP) carried out by the Task Force for Land Use Arrangement and Investment Arrangement. […]