politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
PIS seals business deal for liquid CO2, LNG transport with Japanese Shipping Giant NYK
A subsidiary of State-owned energy company Pertamina, PT Pertamina International Shipping (PIS), has struck a deal with Japanese shipping company Nippon Yushen Kabushiki Kaisha (NYK) Group to cooperate in liquid carbon dioxide (CO2) and liquified natural gas (LNG) transportation and ship management.
CITIC CLSA ASEAN Forum showcases investment opportunities in Indonesia, SE Asia
Jakarta − The 20th CITIC CLSA ASEAN Forum began on Tuesday, June 11, 2024, bringing altogether over 600 delegates from 16 countries, including more than 300 institutional investors and 300 senior executives from 110 of the region’s top growth companies.
Cost of air pollution from coal-fired power plants worth more than US$885 M
Jakarta − The Centre for Research Energy and Clear Air (CREA) said that the economic burden related to air pollution from the operation of three coal-based power plants (PLTUs) in West Java and Banten reached US$885 million (Rp13.1 trillion) per year.
ESDM minister: Indonesia to seek new investors for Sonic Bay project
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif says the government will seek for new partners and investors after Germany's BASF and French's Eramet decided to withdraw from the Sonic Bay project in Weda Bay Industrial Estate, North Maluku.
Government to close troubled state-owned enterprises
The Indonesian government plans to shut down several problematic state-owned enterprises (SOEs), including State-owned construction company PT Amarta Karya, following comprehensive assessment conducted throughout 2023.
Harita Nickel books Rp23.86 trillion in revenue in 2023
Indonesian private integrated mining and metallurgy company PT Trimegah Bangun Persada (NCKL) or Harita Nickel, booked a revenue of Rp 23.86 trillion (US$ 1.45 billion) in 2023, up 149.4 percent from the previous year. In addition, the company also recorded profit of Rp5.62 trillion in 2023, or an increase by 20.4 percent from the previous year.
Government approves PT Freeport Indonesia's smelter construction in Papua
The Ministry of Investment has announced the government's approval of PT Freeport Indonesia's (PTFI) plan to build a smelter in Papua as part of the negotiations for extending PTFI's contract until 2061.
Experts reveal nickel mining's impact on marine sedimentation, public health
Research conducted by experts at Ternate-based Khairun University highlights the severe impact of nickel mining on marine sedimentation and public health, especially in the coastal areas near East Halmahera regency, North Maluku province.
Government prepares anti-dumping duties to protect textile industry
The Indonesian government is drafting regulations to impose anti-dumping duties and safeguard measures for the textile industry and other sectors as a measure to protect against unfair competition from cheap imported products.
APNI confirms long lifespan of Indonesia’s nickel reserves
The Indonesian Nickel Miners Association (APNI) has confirmed that the lifespan of Indonesia’s nickel reserves remains extensive, with significant untapped potential still available for exploration.
BAIS, Police’s INAFIS data breached and sold on Dark Web
Sensitive data from the Indonesian Strategic Intelligence Agency (BAIS) of the Indonesian Military (TNI) and the Indonesia Automatic Finger Identification System (INAFIS) of the National Police (Polri) has been compromised and sold on the dark web. The hacker, operating under the alias Moonz Haxor, is demanding a ransom of up to US$7,000 ( Rp114 million) for the compromised data.
MIND ID enhances renewable energy consumption to 18.25 gigajoules in 2023
MIND ID, Indonesia's state-owned mining holding company, has reported a significant increase in its renewable energy consumption to 18.25 Gigajoules (GJ), equivalent to 5,068 Gigawatt hours (GWh) in 2023, reflecting a 6.55 percent rise compared to the previous year.