Thursday, March 28, 2024

Risks & Opportunities

Risk and opportunities scanning of every sector
Opportunity & Risk
The Indonesian Olefin, Aromatic, and Plastic Industry Association (Inaplas) has warned that the petrochemical megaproject is at risk of stalling, with the national GDP contribution of Rp41 trillion (US$2.8 billion) per year could be at stake if there is no continuation of a specific natural gas price program (HGBT). […]
Tsingshan Holding Group Co.’s business unit, the world’s top nickel producer, plans to build a battery factory in Indonesia as part of China’s latest investment efforts to boost the Southeast Asian country’s economy by downstreaming raw commodities. […]
The Contractor Partnership Contract (KKKS), Mubadala Energy RSC Ltd., has completed drilling the second exploration well in the South Andaman Working Area (WK), Tangkulo-1 Well on Sunday, March 24 2024). […]
The Bangka Belitung provincial administration seeks expedited approval for community mining permits (IPR) from tin mining blocks that have recently been designated as areas for community mining (WPR) amid the decline in tin exports from the province in the last three months. […]
A senior government official has revealed that a renewed auction on eight mineral and coal mining blocks will be held next week.  […]
State electricity company PT. PLN, through its sub-holding PLN Indonesia Power, and China Energy Engineering Group Co., Ltd (CEEC) have signed a Joint Development Study Agreement (JDSA) for exploration of green energy development in Sulawesi.  […]
Indonesia is nearing the completion of a Smelter Grade Alumina Refinery (SGAR) facility in Mempawah Regency, West Kalimantan. The SGAR plant is owned by PT Aneka Tambang  (ANTM) and PT Indonesia Asahan Aluminium (Inalum). […]
State-owned nickel and gold mining firm PT Aneka Tambang (ANTM) targets the construction of an industrial park for battery ecosystem development to be realized in 2025. The industrial park referred to includes nickel smelters with high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) technologies. […]
PT RMK Energy (RMKE) through its subsidiary PT Royaltama Multi Komoditi Nusantara (RMKN) has established a collaboration with PT Atlas Resource (ARII) through its subsidiary PT Gorby Putra Utama (GPU) on coal trading with an operational cooperation (KSO) and offtake mechanism. […]
The Ministry of Public Works and Housing (PUPR) has put up for auction the Section 2B of the Bekasi – Cawang – Kampung Melayu Toll Road project or Becakayu Toll Road. […]
The Nusantara Capital (IKN) Authority is set to allocate 65 percent of the capital city, approximately 177,000 hectares, for protected areas. This is part of the authority’s efforts to preserve the environment and biodiversity in the new capital city. […]
President Joko “Jokowi” Widodo held a working visit to Central Sulawesi Province on March 26, 2024, inaugurating 15 road sections totaling 147 kilometers (km) and renewals of five airports.  […]
The recent China Homelife International Trade Exhibition, in Jakarta, has sparked interest from several Chinese companies to invest in Indonesia by relocating their factories. […]
State energy companies have been proactive in supporting the establishment of ecosystems for hydrogen-based vehicles in Indonesia, yet there are still challenges in presenting hydrogen vehicles on a large scale in the country.  […]
PT Adhi Karya (ADHI) seeks state capital injection (PMN) amounting to Rp2.1 trillion for the fiscal year 2025 to support the development of two sections of the Trans-Java Toll Road (JTT). […]
The Ministry of Industry is actively promoting the development of downstream aluminum industries, despite minimal investment interest and production expansion from existing smelters. […]
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) in collaboration with the Contractor Partnership Contract (KKKS) PT Prima Energi Bawean (PEB) has completed a series of reactivation activities in the Camar Field, located in the Bawean Working Area (WK). […]
Indonesia’s dream of becoming a manufacturing hub for pharmaceutical and medical equipment industry is gradually becoming a reality with the influx of Chinese investment in the healthcare sector, thanks to various incentives provided by the government. […]
PT PLN, through its sub-holding PLN Indonesia Power, recently signed a Joint Development Study Agreement (JDSA) with China Energy Engineering Group Co., Ltd (CEEC) on the development of a comprehensive green energy project in Sulawesi. […]
The global tin supply is projected to be disrupted if there is a drastic decrease in production from Indonesia, one of the main producers, which is partly triggered by the domino effect of corruption cases in PT Timah (TINS). […]
Indonesia is set to have the largest oil refinery with a capacity of 360,000 barrels per day (bpd) by 2025. This refinery is part of the mega Refinery Development Master Plan (RDMP) project in Balikpapan owned by PT Kilang Pertamina Internasional (KPI) as a Subholding Refining & Petrochemical of PT Pertamina. […]
Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan emphasized the government’s commitment to pay government debt in regards with claims made by cooking oil traders over the price gap incurred as a results of the government’s one-price cooking program. […]
The Nusantara Capital City (IKN) Authority has unveiled a groundbreaking partnership with three prominent Malaysian investors poised to revolutionize the housing and education sectors within the burgeoning landscape of the future Capital City. […]
Indonesian Minister of Communication and Informatics Budi Arie Setiadi has revealed that chief representatives of two U.S. computer giants − Microsoft and Apple − are scheduled to come to Jakarta to discuss further of investment plans in Indonesia.  […]
In light of the imminent freshwater crisis looming over the prospective Nusantara Capital City (IKN), PDAM Danum Taka, a regional tap water company headquartered in Penajam Paser Utara regency, has unveiled an extensive blueprint aimed at addressing the pressing issue. […]
A new pioneering Carbon Capture and Storage (CCS) technology using green algae (G-algae) based materials in photo tanks is being developed in Indonesia through the collaboration of Greenlabs Indonesia and Jubelo. […]
Pertamina Hulu Mahakam (PHM), a subholding company of State energy company Pertamina, gears up to start operation of its three sustainable oil and gas onstream projects in March and April this year. […]
The Indonesia Stock Exchange (IDX) has issued an unusual market activity (UMA) announcement regarding PT Adhi Kartiko Pratama (NICE) shares due to an unusual increase in prices. […]
PLN Energi Primer Indonesia (PLN EPI) is embarking on collaborative ventures to enhance Indonesia’s LNG infrastructure and facilitate the transition to cleaner energy sources. […]
In a move to strengthen regulatory oversight in the mining sector, the Indonesian Ministry of Energy and Mineral Resources (ESDM) has revoked thousands of inactive mining permits (IUPs). […]