Thursday, October 10, 2024

INSIDER

Corporate, competitive and government-relation intelligence and interview
Inner Circle
President-elect Prabowo Subianto has put the emphasis on the vital lessons learned from the COVID-19 pandemic, stressing the necessity of Indonesia to secure its future by reducing dependence on imports, especially in sectors as critical as food and energy. […]
The free nutritious meal program introduced by president-elect Prabowo Subianto is facing significant hurdles in its implementation, from institutional readiness to the selection of appropriate target regions. Amich Alhumami, Deputy for Human Development, Society, and Culture at the National Development Planning Ministry (Bappenas), acknowledged the program’s complexity. […]
President Joko “Jokowi” Widodo has officially designated parts of Batam and several regions in Banten as Special Economic Zones (KEKs). Sekupang and Nongsa in Batam, which cover a total area of 47.17 hectares, are now KEKs focused on international tourism and healthcare. […]
President-elect, Prabowo Subianto, has expressed his confidence that his “Free Nutritious Meal Program” will be one of the important pillars in realizing Indonesia’s economic growth target of 8 percent. […]
The Coordinating Ministry for Maritime and Investment Affairs has announced that Indonesia’s ongoing nickel dispute with the European Union (EU) at the World Trade Organization (WTO) is nearing to an end, largely due to Indonesia’s dominant position in the global nickel market, which accounts for 60 percent of supply. […]
Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia and Investment Minister Rosan Roeslani, accompanied by a group of prominent business leaders, met with President Joko “Jokowi” Widodo at the Presidential Palace in Jakarta on Wednesday, October 9, 2024 discussing investments in the new capital, Nusantara, in East Kalimantan. […]
President Joko “Jokowi” Widodo is set to inaugurate the new State Palace at Indonesia’s future capital, Nusantara, in East Kalimantan, tommorow, October 11, 2024. […]
The leadership conflict within the Indonesian Chamber of Commerce and Industry (Kadin) has escalated as the Arsjad Rasjid faction accuses Anindya Bakrie of violating a previously agreed resolution. […]
Indonesian MInister of Finance, Sri Mulyani Indrawati, has underlined that the period of high central bank interest rates is not entirely gone eventhough the Federal Reserve cuts its Fund Rate by 50 basis points in September 2024. […]
President Joko “Jokowi” Widodo has expressed his confidence that Indonesia Indonesia will emerge as one of the world’s new economic powers. […]
President-elect Prabowo Subianto has to strengthen domestic investment in order to reduce Indonesia’s dependence on foreign capital investment and at the same tackle the problem of de-industrialization, economists have suggested. […]
Government’s plan to apply power wheeling or joint use of power network in the new and renewable energy bill has the potential to attract investors to invest in Indonesia as can be seen in the increased number of global companies committed to use 100 percent of renewable energy, an analyst says. […]
Indonesia is having a surplus in copper production with the existing copper smelters capable of producing 1.3 million tons of copper cathode a year, far above the local market need of 250,000 tons that Indonesia needs to take advantage of global copper commodity deficit in the next couple of years at the time when the need for green technology of […]
PT Master Print (PTMR), a subsidiary of food packaging producer PT Mitra Pack (PTMP), officially went public on the Indonesia Stock Exchange (IDX) on Tuesday, October 8, 2024, becoming the 35th company listed this year. […]
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has strongly refuted the allegations of forced labor in the country’s nickel industry. This comes in response to a report from the U.S. Department of Labor (US DOL), which listed Indonesian nickel as a product allegedly manufactured through forced labor. […]
The Corruption Eradication Commission (KPK) has formally named South Kalimantan Governor Sahbirin Noor as a suspect in a corruption case within the provincial government after it had found sufficient preliminary evidence to charge Sahbirin with bribery. […]
State-owned diversified miner PT Aneka Tambang (Antam), through its subsidiary PT Gag Nikel (PTGN), has finalized the acquisition of a 30 percent stake in PT Jiu Long Metal Industry (JLMI), a nickel smelting company focused on refining nickel. […]
Presidential Special Staff Dini Purwono has responded to a civil lawsuit filed by Muslim figure Rizieq Shihab against President Joko Widodo, regarding alleged unlawful conduct. […]
The Attorney General’s Office (AGO) Special Crimes Unit is investigating PA, the director of PT Asset Pacific, a subsidiary of PT Duta Palma Group, in a corruption and money laundering case related to Duta Palma’s operations. […]
The Indonesian Chamber of Commerce and Industry (Kadin) under the leadership of Chairman Anindya Bakrie has appointed two prominent young entrepreneurs, Raffi Ahmad and Clarissa Tanoesoedibjo, to key positions within its organizational structure. […]
PT United Tractors Tbk (UNTR) is ramping up its focus on renewable energy, branching out from its core heavy equipment business and exploring opportunities in solar energy development. […]
The Indonesia South and Central Asia (Inasca) 2024 Business Forum, held in Jakarta on Monday, October 7, 2024, produced a number of trade and investment deals worth US$ 8.3 billion. […]
Youth empowerment takes center stage with Abcandra Muhammad Akbar Supratman, the son of Minister of Law and Human Rights and Gerindra Party politician, Supratman Andi Agtas, being elected as Deputy Speaker of the People’s Consultative Assembly (MPR). […]
Deputy Minister of Foreign Affairs, Pahala Mansury, says that Indonesia and countries in Central and South Asia have the potential to collaborate in several key sectors that are increasingly important. […]
Rusdi Kirana, co-founder of Lion Air Group, has been appointed as Deputy Speaker of the People’s Consultative Assembly (MPR) representing the National Awakening Party (PKB). Following his inauguration, Rusdi announced that he would focus on his new role in the MPR and take a step back from managing Lion Air Group. […]
The inauguration of 580 new members of the House of Representatives (DPR) for the 2024-2029 term on Tuesday, October 1, 2024 has sparked public scrutiny. Among the newly sworn-in legislators are several notable figures from the entertainment community, as well as numerous individuals with family ties to public officials and political elites. […]
Indonesia state power utility PT PLN is committed to continuously support the government’s efforts to reduce carbon emissions and increase economic growth through support for clean energy supply, with biomass energy ecosystem is key in encouraging these efforts. […]
A law professor at Jenderal Soedirman University (Unsoed) suspects that the disinformation attacks directed at Attorney General ST Burhanuddin are an attempt by certain groups to undermine the efforts of the Attorney General’s Office in handling corruption cases in Indonesia. […]
The Financial Services Authority (OJK) is currently reviewing the plan by PT Adaro Energy Indonesia (ADRO) to divest its entire stake in PT Adaro Andalan Indonesia (AAI). Currently, the divestment plan, along with the potential initial public offering (IPO) of AAI, is under examination. […]
The National Awakening Party (PKB) has proposed Rusdi Kirana, owner of the Lion Air Group, as their candidate for Deputy Speaker of the People’s Consultative Assembly (MPR). […]