Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
TPIA secures US$800 million syndicated loan for sustainable projects
PT Chandra Asri Pacific (TPIA) secures a US$800 million syndicated loan to fund environmentally and socially sustainable projects, with the support of international banking partners.
Govt secures significant investment in 1st semester 2024, creates 4.7 million jobs
Ahead of the end of President Joko Widodo ‘s term in office, Indonesia booked significant investment realization of Rp 428.4 trillion (US$26.3 billion) in April-June 2024, a 6.7 percent increase from the January-March 2024 figure and a 22.5 percent increase in comparison with the same period of 2023.
APPBI calls for additional incentives for mall development in IKN
The Indonesian Shopping Center Association (APPBI) emphasizes the need for additional incentives for mall development in the new capital city, Nusantara (IKN), citing the current low population as a challenge.
Concerns raise over fiscal sustainability as debts near Rp9,000 trillion mark
The government is starting to be careful about Indonesia's future debt position which has the potential to reach Rp9,000 trillion (US$552.5 billion) due to large principal and interest payments, accompanied by the withdrawal of new debt in 2024.
Indonesia to establish electric vehicle battery research center in Morowali
The Ministry of Maritime Affairs and Investment has announced the establishment of a major electric vehicle (EV) battery research center in Morowali, Central Sulawesi, highlighting the nation's ambition to lead in the EV industry.
Local community complains about farm road grab case in Morowali
A dozen of resident representatives grouped under the United Ambunu Forum of West Bungku District, Morowali Regency, along with activists of the Indonesian Forum for the Environment (WALHI) Central Sulawesi chapter, have complained to the National Human Rights Commission (Komnas HAM) and the Ombudsman over the claim made by a Chinese nickel smelter company on a farm road in the regency.
Six biggest coal miners have yet to report their methane gas emission
Six of the 10 biggest coal companies in Indonesia have not reported coal mine methane (CMM) emissions from their production activities, significantly indicating hat the environmental impact of coal mining is not calculated comprehensively and therefore abolish crucial opportunities for decarbonization considering that methane gas has warming effects 30 times more than CO2.
Bahlil welcomes Muhammadiyah’s decision to accept mining concession
Minister of Investment /Head of Investment Coordinating Board (HKPM), Bahlil Lahadalia, welcomes the decision by Muhammadiyah to receive government's offer of coal mining concession.
Indonesia's OECD accession, a strategic move with complex implications: Celios
As Indonesia progresses towards joining the Organisation for Economic Cooperation and Development (OECD), experts weigh the potential benefits and drawbacks of this decision, highlighting the strategic considerations and economic impacts.
Indonesia to supply EV battery components to Tesla starting January 2025
The Indonesian government is reportedly in the process of reducing the portion of shares of Chinese companies in Indonesian nickel smelter projects, a maneuver believed to ensure the domestic downstream nickel ore industry to access the United States (US) government’s electric vehicle subsidies.
Indonesia allocates Rp71 trillion for free nutritious meal program
The Indonesian government has allocated Rp71 trillion (US$4.3 billion) for a new program to provide free nutritious meals for children and pregnant women, a figure significantly lower than the Rp400 trillion-Rp450 trillion proposed during President-elect Prabowo Subianto's election campaign.
PMSol seals deal with two Malaysian manning agencies
PT Pertamina Marine Solutions (PMSol), a subsidiary of PT PERTAMINA Trans Kontinental, has expanded its business by signing a strategic cooperation or Memorandum of Understanding with two Malaysian manning agencies on July 23, 2024.