Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Indonesia, Singapore seal deal on renewable energy export
In an effort to bolster regional energy cooperation, Indonesia signed an agreement to export renewable energy to Singapore during the Indonesia International Sustainability Forum (ISF) 2024, held in Jakarta on Thursday, September 5, 2024.
Indonesia pushes for sustainable development as key to future prosperity
Indonesia is positioning itself at the forefront of the global race towards a low-carbon economy, with a firm belief that sustainable development is key to future prosperity.
Pertamina seals agreements on climate change,energy transition cooperation
State energy company PT Pertamina signed four cooperation agreements with local and international companies and institutions on Thursday, September 6, 2024, aimed at supporting the government’s climate change action and energy transition commitment.
President: Climate change solution needs Global North-South collaboration
President Joko Widodo says that solving climate change requires a sustainable collaboration between developed (Global North) and developing (Global South) countries.
Policy observer rejects “Power Wheeling” scheme in Renewable Energy Bill
A policy observer has voiced his opposition against the government’s plan to allow the private sector to use State electricity company PT PLN's transmission and distribution network to sell their electricity, also known as Power Wheeling Policy, in the Renewable Energy Bill.
Jokowi asks Vale Indonesia to expedite completion of Pomalaa nickel smelter
President Joko “Jokowi” Widodo has asked PT Vale Indonesia (INCO) to accelerate the completion of its high-pressure acid leach (HPAL) nickel smelter project in Pomalaa, Southeast Sulawesi, during a meeting with the company's top executives at the State Palace on Thursday, September 5, 2024.
Five companies delay IPO plans amid BEI investigation
The Indonesia Stock Exchange (BEI) has announced that five companies had postponed their plans for an Initial Public Offering (IPO).
Pertamina International Shipping plans IPO by 2025 to boost revenue growth
PT Pertamina International Shipping (PIS), a subsidiary of State energy company PT Pertamina, is planning to go public through an Initial Public Offering (IPO) on the Indonesia Stock Exchange, aiming for a listing by late 2025 or early 2026.
Tesla reconsiders investment in Indonesia due to fossil fuel dependency
Minister of Investment/Head of the Omnvestment Coordinating Board (BKPM), Rosan P. Roeslani, revealed that Tesla has reconsidered investing in Indonesia due to the country’s ongoing reliance on fossil-fuel-generated electricity.
Pertamina and TPDC collaborate to on upstream oil and gas sector development
Indonesia’s State energy company PT Pertamina, through its subholding Pertamina International EP (PIEP), has finalized an agreement with Tanzania Petroleum Development Corporation (TPDC) to explore potential cooperation in oil and gas sector.
Low Tuck Kwong acquires palm oil plantation, transfers shares to daughter
Indonesian billionaire Low Tuck Kwong, through PT Bayan Resources and its subsidiary PT Bayan Energy, has acquired 100 percent shares of PT Enggang Alam Sawita, a palm oil plantation company in Kalimantan, for Rp105.15 billion (US$6.8 million).
LDII considers managing coal mining permits offered by the government
Chairman of the Islamic Da'wah Indonesia Institution (LDII), Chriswanto Santoso, has suggested that the organization is carefully evaluating the government's offer of coal mining permits (IUP) to religious organizations.